Public Service Enterprise Group Incorporated (NYSE:PEG) has reportedly seen a mixture of both favorable and unfavorable adjustments in its stock holdings, with certain investors growing their stocks while others are lowering theirs, such as Steward Partners Investment Advisory LLC and Cambridge Investment reducing their shares while TD Asset Management Inc and Clearbridge Investments LLC increasing their investments. Over the past period, PEG's stock performance outperformed its competitors on numerous trading days, despite losses, and has seen a 4.9% and 6.4% increase since the last two earnings report. In addition, it reached a new 52-week high following an analyst upgrade. PEG also experienced Q3 and Q2 earnings matching estimates, and Q4 earnings beating them, while the projected Q4 2024 earnings estimate has been issued by Zacks Research. Furthermore, PSEG has announced promising results for 2023 and 2024, elected new board members, issued dividends, and has divested its last coal unit. The stock is analyzed through SWOT strategy, displaying strong outcomes. Nevertheless, some earnings have missed analyst estimates and experienced underperformance compared to competitors. Despite these, PEG continually rewarded their large investors, particularly after the recent US$1.4b market cap gain.
Public Service Enterprise Group Incorporated PEG News Analytics from Tue, 01 Aug 2023 07:00:00 GMT to Sun, 02 Jun 2024 15:03:37 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 2
