Contrasting Public Service Enterprise Group (PEG) and Its Competitors
Public Service Enterprise Group (NYSE: PEG) is one of 86 publicly-traded companies in the “Electric Utilities” industry, but how does it weigh in compared to its peers? We will compare Public Service Enterprise Group to related companies based on the strength of its institutional ownership, valuation, earnings, analyst recommendations, dividends, risk and profitability.
Volatility & Risk
Public Service Enterprise Group has a beta of 0.39, indicating that its stock price is 61% less volatile than the S&P 500. Comparatively, Public Service Enterprise Group’s peers have a beta of 0.60, indicating that their average stock price is 40% less volatile than the S&P 500.
Valuation & Earnings
This table compares Public Service Enterprise Group and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Public Service Enterprise Group||$9.06 billion||$887.00 million||48.81|
|Public Service Enterprise Group Competitors||$7.66 billion||$831.80 million||47.29|
Public Service Enterprise Group has higher revenue and earnings than its peers. Public Service Enterprise Group is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
This is a summary of current ratings and recommmendations for Public Service Enterprise Group and its peers, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Public Service Enterprise Group||0||5||9||0||2.64|
|Public Service Enterprise Group Competitors||528||2918||2356||41||2.33|
Public Service Enterprise Group presently has a consensus price target of $50.23, suggesting a potential downside of 0.08%. As a group, “Electric Utilities” companies have a potential upside of 5.49%. Given Public Service Enterprise Group’s peers higher possible upside, analysts clearly believe Public Service Enterprise Group has less favorable growth aspects than its peers.
Public Service Enterprise Group pays an annual dividend of $1.72 per share and has a dividend yield of 3.4%. Public Service Enterprise Group pays out 167.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Electric Utilities” companies pay a dividend yield of 3.1% and pay out 96.6% of their earnings in the form of a dividend. Public Service Enterprise Group has raised its dividend for 5 consecutive years.
Institutional and Insider Ownership
65.0% of Public Service Enterprise Group shares are owned by institutional investors. Comparatively, 65.5% of shares of all “Electric Utilities” companies are owned by institutional investors. 0.6% of Public Service Enterprise Group shares are owned by company insiders. Comparatively, 2.7% of shares of all “Electric Utilities” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
This table compares Public Service Enterprise Group and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Public Service Enterprise Group||5.73%||11.33%||3.66%|
|Public Service Enterprise Group Competitors||-4.68%||8.22%||2.62%|
Public Service Enterprise Group beats its peers on 8 of the 15 factors compared.
About Public Service Enterprise Group
Public Service Enterprise Group Incorporated (PSEG) is a holding company. The Company is an energy company with operations located primarily in the Northeastern and Mid-Atlantic United States. The Company’s segments include Public Service Electric and Gas Company (PSE&G), PSEG Power LLC (Power) and Other. PSEG is engaged in the transmission of electricity and distribution of electricity and natural gas in certain areas of New Jersey. PSE&G is also the provider of last resort for gas and electric commodity service for end users in its service territory. Power is a multi-regional energy supply company that integrates the operations of its merchant nuclear and fossil generating assets with its power marketing businesses through energy sales in energy markets and fuel supply functions primarily in the Northeast and Mid-Atlantic United States through its principal subsidiaries. In addition, Power owns and operates solar generation in various states.
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