A Look Into Public Service Enterprise Inc's Price Over Earnings
Portfolio Pulse from Benzinga Insights
Public Service Enterprise Inc. (NYSE:PEG) sees a 0.15% increase in its stock price to $66.75, with a 7.00% rise over the past month and a 6.92% increase over the past year. Its P/E ratio of 12.99, compared to the Multi-Utilities industry average of 30.09, suggests it might be undervalued or have weaker growth prospects. Investors are advised to consider multiple metrics and industry trends alongside the P/E ratio for comprehensive analysis.
March 28, 2024 | 7:00 pm
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Public Service Enterprise Inc. (PEG) stock increased by 0.15% to $66.75, with a P/E ratio of 12.99 suggesting potential undervaluation compared to the industry average.
The stock's recent performance and lower P/E ratio compared to the industry average suggest potential undervaluation, which could attract investors looking for value, potentially driving the stock price up in the short term.
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