uploads///PEG stk

PEG Stock Compared to Its Peers in the Past Year

By

Updated

Public Service Enterprise Group

Public Service Enterprise Group (PEG) is a diversified utility that provides electricity and gas to nearly 4 million customers. PEG stock has been placed relatively better compared to its peers this year. PEG stock has fallen ~2%, while broader utilities (XLU) (IDU) have fallen more than 6% year-to-date.

Article continues below advertisement

Valuation

Currently, PEG’s EV-to-EBITDA multiple is ~11.3x—compared to its five-year historical multiple of 8x. PEG stock appears fairly pricey compared to the industry average and its historical average.

PEG is trading at a PE (price-to-earnings) ratio of 20x, while its historical PE ratio is ~19x.

Target prices

According to Wall Street analysts, PEG has a mean target price of $54.3—compared to its current market price of $50.80, which indicates flattish movement from PEG stock going forward.

Among the 14 analysts covering PEG, three recommend it as a “strong buy,” six recommend it as a “buy,” and five recommend it as a “hold.” None of the analysts recommend the stock as a “sell” as of May 9.

Check out all the data we have added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, and historical data, as well as dividend information. Take a look!

Advertisement

More From Market Realist