Public Service Enterprise Group Incorporated (PEG)
NYSE: PEG · IEX Real-Time Price · USD
74.64
+0.71 (0.96%)
At close: Jul 19, 2024, 4:00 PM
74.27
-0.37 (-0.50%)
Pre-market: Jul 22, 2024, 7:20 AM EDT
PEG Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for PEG stock have an average target of 73.46, with a low estimate of 60 and a high estimate of 84. The average target predicts a decrease of -1.58% from the current stock price of 74.64.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PEG stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 3 | 3 |
| Buy | 4 | 6 | 7 | 7 | 7 | 7 |
| Hold | 6 | 6 | 6 | 6 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 14 | 15 | 15 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $80 → $84 | Buy | Maintains | $80 → $84 | +12.54% | Jul 15, 2024 |
| Barclays | Barclays | Buy Maintains $71 → $80 | Buy | Maintains | $71 → $80 | +7.18% | Jul 10, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $69 → $74 | Hold | Maintains | $69 → $74 | -0.86% | Jul 3, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $78 → $76 | Buy | Maintains | $78 → $76 | +1.82% | Jun 24, 2024 |
| Guggenheim | Guggenheim | Hold → Strong Buy Upgrades $82 | Hold → Strong Buy | Upgrades | $82 | +9.86% | Jun 17, 2024 |
Financial Forecast
Revenue This Year
10.45B
from 11.24B
Decreased by -7.03%
Revenue Next Year
11.09B
from 10.45B
Increased by 6.11%
EPS This Year
3.71
from 5.13
Decreased by -27.67%
EPS Next Year
4.07
from 3.71
Increased by 9.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.0B | 13.5B | 14.1B | 13.2B | 13.6B |
| Avg | 10.4B | 11.1B | 11.6B | 12.0B | 12.4B |
| Low | 8.4B | 8.8B | 9.2B | 10.6B | 11.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.5% | 29.2% | 27.4% | 14.4% | 13.2% |
| Avg | -7.0% | 6.1% | 4.3% | 4.1% | 2.6% |
| Low | -25.1% | -15.5% | -16.9% | -8.2% | -8.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.94 | 4.46 | 5.05 | 5.50 | 5.99 |
| Avg | 3.71 | 4.07 | 4.32 | 4.67 | 5.01 |
| Low | 3.55 | 3.75 | 3.97 | 4.18 | 4.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -23.2% | 20.3% | 24.0% | 27.4% | 28.1% |
| Avg | -27.7% | 9.8% | 6.0% | 8.1% | 7.2% |
| Low | -30.8% | 1.0% | -2.4% | -3.1% | -5.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.