Public Service Enterprise Group Incorporated (PEG)
NYSE: PEG · IEX Real-Time Price · USD
69.81
+0.73 (1.06%)
At close: May 1, 2024, 4:00 PM
70.01
+0.20 (0.29%)
Pre-market: May 2, 2024, 7:55 AM EDT
PEG Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for PEG stock have an average target of 67, with a low estimate of 60 and a high estimate of 73. The average target predicts a decrease of -4.03% from the current stock price of 69.81.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PEG stock from 15 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 2 | 2 |
| Buy | 4 | 4 | 4 | 4 | 6 | 7 |
| Hold | 5 | 5 | 6 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 14 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $64 → $62 | Hold | Maintains | $64 → $62 | -11.19% | Apr 22, 2024 |
| Barclays | Barclays | Buy Maintains $68 → $71 | Buy | Maintains | $68 → $71 | +1.70% | Apr 15, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $67 → $72 | Buy | Maintains | $67 → $72 | +3.14% | Apr 4, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $61 → $70 | Buy | Maintains | $61 → $70 | +0.27% | Mar 26, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $70 | Buy | Maintains | $70 | +0.27% | Mar 25, 2024 |
Financial Forecast
Revenue This Year
10.45B
from 11.24B
Decreased by -7.00%
Revenue Next Year
10.89B
from 10.45B
Increased by 4.21%
EPS This Year
3.71
from 5.13
Decreased by -27.72%
EPS Next Year
4.06
from 3.71
Increased by 9.44%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.3B | 13.0B | 13.4B | 13.5B |
| Avg | 10.5B | 10.9B | 11.5B | 12.2B |
| Low | 7.8B | 8.1B | 9.6B | 10.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 9.5% | 24.8% | 23.4% | 17.7% |
| Avg | -7.0% | 4.2% | 5.2% | 6.5% |
| Low | -30.6% | -22.2% | -12.3% | -6.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.94 | 4.55 | 4.60 | 4.91 |
| Avg | 3.71 | 4.06 | 4.28 | 4.53 |
| Low | 3.55 | 3.76 | 3.90 | 4.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -23.2% | 22.6% | 13.3% | 14.7% |
| Avg | -27.7% | 9.4% | 5.6% | 5.7% |
| Low | -30.8% | 1.4% | -3.8% | 0.2% |
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.