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
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
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.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100