Public Service Enterprise Stock Today

PEG Stock  USD 92.40  0.05  0.05%   

Performance

12 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 27

 
High
 
Low
Below Average
Public Service is trading at 92.40 as of the 24th of November 2024. This is a 0.05 percent increase since the beginning of the trading day. The stock's lowest day price was 91.9. Public Service has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Note, on September 6, 2024, Representative John James of US Congress acquired under $15k worth of Public Service Enterprise's common stock.
Business Domain
Utilities
IPO Date
2nd of January 1980
Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey. The company has 498.22 M outstanding shares of which 5.53 M shares are at this time shorted by investors with about 2.3 days to cover. More on Public Service Enterprise

Moving together with Public Stock

  0.61SO SouthernPairCorr

Moving against Public Stock

  0.71HE Hawaiian ElectricPairCorr
  0.59EBR Centrais ElectricasPairCorr

Public Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanRalph Izzo
Thematic IdeaUtilities (View all Themes)
Old NamePIXIE GROUP LIMITED
Business ConcentrationMulti-Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, OMX Copenhagen All, SP 500 Index, Dow Jones Utility, PHLX Utility, Dow Jones Composite, Utilities, Multi-Utilities, Utilities—Regulated Electric, Utilities (View all Sectors)
Excise Tax ActivitiesCoalNuclear
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.350.2215
Way Up
Slightly volatile
Gross Profit Margin0.530.4296
Fairly Up
Slightly volatile
Net Debt12.1 B20.4 B
Way Down
Slightly volatile
Total Current Liabilities4.1 B5.1 B
Significantly Down
Slightly volatile
Non Current Liabilities Total20.1 B30.2 B
Way Down
Slightly volatile
Total Assets34.9 B50.7 B
Way Down
Slightly volatile
Total Current Assets3.7 B3.4 B
Significantly Up
Slightly volatile
Total Cash From Operating Activities2.4 B3.8 B
Way Down
Very volatile
Debt Levels
Public Service can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Public Service's financial leverage. It provides some insight into what part of Public Service's total assets is financed by creditors.
Liquidity
Public Service Enterprise has 20.41 B in debt with debt to equity (D/E) ratio of 1.52, which is OK given its current industry classification. Public Service Enterprise has a current ratio of 0.59, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Public to invest in growth at high rates of return.

Free Cash Flow

505.05 Million
Public Service Enterprise (PEG) is traded on New York Stock Exchange in USA. It is located in 80 Park Plaza, Newark, NJ, United States, 07102 and employs 12,543 people. Public Service is listed under Multi-Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 46.04 B. Public Service Enterprise runs under Multi-Utilities sector within Utilities industry. The entity has 498.22 M outstanding shares of which 5.53 M shares are at this time shorted by investors with about 2.3 days to cover. Public Service Enterprise has about 465 M in cash with 3.81 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.76.
Check Public Service Probability Of Bankruptcy
Ownership Allocation
Public Service owns a total of 498.22 Million outstanding shares. The majority of Public Service Enterprise outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Public Service Enterprise to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Public Service. Please pay attention to any change in the institutional holdings of Public Service Enterprise as this could imply that something significant has changed or is about to change at the company. Please note that on September 6, 2024, Representative John James of US Congress acquired under $15k worth of Public Service Enterprise's common stock.
Check Public Ownership Details

Public Stock Institutional Holders

InstituionRecorded OnShares
Northern Trust Corp2024-09-30
5.5 M
Fmr Inc2024-09-30
5.4 M
Capital Research Global Investors2024-09-30
4.7 M
Norges Bank2024-06-30
4.5 M
Pictet Asset Manangement Sa2024-06-30
3.9 M
Goldman Sachs Group Inc2024-06-30
3.7 M
Massachusetts Financial Services Company2024-09-30
3.7 M
Bank Of New York Mellon Corp2024-06-30
3.6 M
Ubs Asset Mgmt Americas Inc2024-09-30
3.5 M
Vanguard Group Inc2024-09-30
60.3 M
Blackrock Inc2024-06-30
53.2 M
View Public Service Diagnostics

Public Service Historical Income Statement

At this time, Public Service's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Public Service's current Total Operating Expenses is estimated to increase to about 1.9 B, while Total Revenue is projected to decrease to roughly 9.4 B. View More Fundamentals

Public Stock Against Markets

Public Service Corporate Directors

Shirley JacksonLead Independent DirectorProfile
Alfred ZollarIndependent DirectorProfile
Barry OstrowskyIndependent DirectorProfile
Willie DeeseIndependent DirectorProfile
When determining whether Public Service Enterprise is a strong investment it is important to analyze Public Service's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Public Service's future performance. For an informed investment choice regarding Public Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Public Service. If investors know Public will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Public Service listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.852
Dividend Share
2.37
Earnings Share
4.07
Revenue Per Share
20.912
Quarterly Revenue Growth
0.076
The market value of Public Service Enterprise is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Service's value that differs from its market value or its book value, called intrinsic value, which is Public Service's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Public Service's market value can be influenced by many factors that don't directly affect Public Service's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Public Service's value and its price as these two are different measures arrived at by different means. Investors typically determine if Public Service is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public Service's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.