Pampa Energia S.A. (NYSE:PAM) Stock Has Average Price Target of $105.00

Shares of Pampa Energia S.A. (NYSE:PAM) have been given a consensus rating of “Hold” by the four research firms that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $98.50.

Several equities analysts have recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Pampa Energia in a research report on Wednesday, September 9th. JPMorgan Chase & Co. decreased their price target on Pampa Energia from $105.00 to $100.00 and set a “neutral” rating for the company in a report on Monday. Zacks Research downgraded shares of Pampa Energia from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Finally, Wall Street Zen downgraded shares of Pampa Energia from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 27th.

Pampa Energia Trading Down 5.4%

PAM opened at $64.82 on Thursday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 3.23 and a current ratio of 2.79. The firm’s fifty day moving average is $79.90 and its two-hundred day moving average is $82.31. Pampa Energia has a twelve month low of $64.69 and a twelve month high of $94.50. The firm has a market cap of $3.48 billion, a PE ratio of 5.47, a price-to-earnings-growth ratio of 0.23 and a beta of 0.96.

Pampa Energia (NYSE:PAM) last released its earnings results on Tuesday, June 30th. The utilities provider reported $2.50 EPS for the quarter. The firm had revenue of $746.00 million for the quarter. Pampa Energia had a return on equity of 17.37% and a net margin of 25.84%. Equities research analysts anticipate that Pampa Energia will post 10.81 EPS for the current year.

Key Headlines Impacting Pampa Energia

Here are the key news stories impacting Pampa Energia this week:

• Positive Sentiment: The CFO bought 3,136 shares for about $207,000, an insider purchase that may signal confidence in the company. SEC filing
• Positive Sentiment: Third-quarter profit climbed nearly sixfold, while revenue also increased year over year. Pampa also outlined a plan to ramp Rincón de Aranda production to 40,000 barrels per day by the end of 2027 and 45,000 in the first quarter of 2028, supporting longer-term growth prospects. Quarterly profit report Production ramp plans
• Neutral Sentiment: Q3 revenue was reported at about $790 million, below FactSet’s $806.6 million estimate. The shortfall tempers the otherwise strong earnings growth. Revenue estimate comparison
• Negative Sentiment: An analyst downgrade and a pessimistic JPMorgan price outlook added pressure, with coverage reporting that the shares reached a new 12-month low. JPMorgan outlook Analyst downgrade and 12-month low

Insider Buying and Selling at Pampa Energia

In other news, CFO Adolfo Fernando Zuberbuhler bought 3,136 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The stock was purchased at an average price of $66.11 per share, with a total value of $207,320.96. Following the transaction, the chief financial officer owned 2,885 shares of the company’s stock, valued at approximately $190,727.35. The trade was a -1,249.40% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Damian Mindlin acquired 1,432,197 shares of the business’s stock in a transaction that occurred on Monday, September 28th. The shares were bought at an average price of $3.89 per share, with a total value of $5,571,246.33. Following the completion of the purchase, the insider owned 13,959,067 shares in the company, valued at $54,300,770.63. This trade represents a 11.43% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 3,845,258 shares of company stock worth $49,447,086. 55.52% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Pampa Energia

Hedge funds have recently modified their holdings of the business. Absolute Gestao de Investimentos Ltda. boosted its position in Pampa Energia by 198.1% during the first quarter. Absolute Gestao de Investimentos Ltda. now owns 287,383 shares of the utilities provider’s stock worth $25,433,000 after purchasing an additional 190,963 shares in the last quarter. SPX Gestao de Recursos Ltda purchased a new position in shares of Pampa Energia during the first quarter worth approximately $14,482,000. ABS Direct Equity Fund LLC raised its holdings in Pampa Energia by 5.0% during the second quarter. ABS Direct Equity Fund LLC now owns 77,660 shares of the utilities provider’s stock worth $6,378,000 after purchasing an additional 3,699 shares in the last quarter. Hsbc Holdings PLC boosted its position in shares of Pampa Energia by 77.6% in the 4th quarter. Hsbc Holdings PLC now owns 46,788 shares of the utilities provider’s stock worth $4,058,000 after buying an additional 20,438 shares in the last quarter. Finally, Wealth High Governance Asset Management Ltda. lifted its holdings in shares of Pampa Energia by 24.5% during the 1st quarter. Wealth High Governance Asset Management Ltda. now owns 24,714 shares of the utilities provider’s stock worth $2,187,000 after acquiring an additional 4,866 shares during the period. Hedge funds and other institutional investors own 12.77% of the company’s stock.

About Pampa Energia

Pampa Energía SA is an integrated Argentine energy company engaged in electricity generation, oil and natural gas exploration and production, and related energy infrastructure. Its power-generation portfolio includes thermal, hydroelectric and renewable facilities that supply electricity to Argentina’s wholesale power market.

The company’s upstream operations are focused primarily on Argentina, including conventional and unconventional resources in the Neuquén Basin and the Vaca Muerta formation.