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PEG

Public Service Enterprise GroupNYSE:PEG Stock Report

Market Cap

US$30.9b

7D

-3.1%

1Y

13.5%

Updated

23 Sep, 2021

Data

Company Financials +
PEG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance2/6
Financial Health1/6
Dividends5/6

PEG Overview

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States.

Public Service Enterprise Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Public Service Enterprise Group
Historical stock prices
Current Share PriceUS$60.69
52 Week HighUS$51.66
52 Week LowUS$65.33
Beta0.56
1 Month Change-4.89%
3 Month Change1.39%
1 Year Change13.50%
3 Year Change18.21%
5 Year Change44.12%
Change since IPO308.00%

Recent News & Updates

Aug 12
Public Service Enterprise Group Incorporated's (NYSE:PEG) Intrinsic Value Is Potentially 79% Above Its Share Price

Public Service Enterprise Group Incorporated's (NYSE:PEG) Intrinsic Value Is Potentially 79% Above Its Share Price

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Public Service...

Shareholder Returns

PEGUS Integrated UtilitiesUS Market
7D-3.1%-2.0%-0.5%
1Y13.5%6.3%37.5%

Return vs Industry: PEG exceeded the US Integrated Utilities industry which returned 7.9% over the past year.

Return vs Market: PEG underperformed the US Market which returned 36.2% over the past year.

Price Volatility

Is PEG's price volatile compared to industry and market?
PEG volatility
PEG Beta0.56
Industry Beta0.55
Market Beta1

Stable Share Price: PEG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: PEG's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198512,788Ralph Izzohttps://www.pseg.com

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States. It operates through two segments, PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs.

Public Service Enterprise Group Fundamentals Summary

How do Public Service Enterprise Group's earnings and revenue compare to its market cap?
PEG fundamental statistics
Market CapUS$30.85b
Earnings (TTM)US$1.48b
Revenue (TTM)US$9.54b

20.8x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PEG income statement (TTM)
RevenueUS$9.54b
Cost of RevenueUS$6.38b
Gross ProfitUS$3.16b
ExpensesUS$1.68b
EarningsUS$1.48b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.93
Gross Margin33.10%
Net Profit Margin15.49%
Debt/Equity Ratio108.0%

How did PEG perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

68%

Payout Ratio

Valuation

Is Public Service Enterprise Group undervalued compared to its fair value and its price relative to the market?

20.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PEG ($60.69) is trading above our estimate of fair value ($48.4)

Significantly Below Fair Value: PEG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PEG is poor value based on its PE Ratio (20.8x) compared to the US Integrated Utilities industry average (20.5x).

PE vs Market: PEG is poor value based on its PE Ratio (20.8x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: PEG is poor value based on its PEG Ratio (4.1x)


Price to Book Ratio

PB vs Industry: PEG's PB Ratio (1.9x) is in line with the US Integrated Utilities industry average.


Future Growth

How is Public Service Enterprise Group forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

5.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PEG's forecast earnings growth (5% per year) is above the savings rate (2%).

Earnings vs Market: PEG's earnings (5% per year) are forecast to grow slower than the US market (14.9% per year).

High Growth Earnings: PEG's earnings are forecast to grow, but not significantly.

Revenue vs Market: PEG's revenue (0.04% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: PEG's revenue (0.04% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PEG's Return on Equity is forecast to be low in 3 years time (11%).


Past Performance

How has Public Service Enterprise Group performed over the past 5 years?

12.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PEG has high quality earnings.

Growing Profit Margin: PEG's current net profit margins (15.5%) are lower than last year (18.1%).


Past Earnings Growth Analysis

Earnings Trend: PEG's earnings have grown by 12.2% per year over the past 5 years.

Accelerating Growth: PEG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PEG had negative earnings growth (-15.1%) over the past year, making it difficult to compare to the Integrated Utilities industry average (10.9%).


Return on Equity

High ROE: PEG's Return on Equity (9.3%) is considered low.


Financial Health

How is Public Service Enterprise Group's financial position?


Financial Position Analysis

Short Term Liabilities: PEG's short term assets ($3.2B) do not cover its short term liabilities ($4.5B).

Long Term Liabilities: PEG's short term assets ($3.2B) do not cover its long term liabilities ($28.9B).


Debt to Equity History and Analysis

Debt Level: PEG's debt to equity ratio (108%) is considered high.

Reducing Debt: PEG's debt to equity ratio has increased from 82.1% to 108% over the past 5 years.

Debt Coverage: PEG's debt is not well covered by operating cash flow (14.5%).

Interest Coverage: PEG's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


Dividend

What is Public Service Enterprise Group current dividend yield, its reliability and sustainability?

3.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PEG's dividend (3.36%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: PEG's dividend (3.36%) is low compared to the top 25% of dividend payers in the US market (3.63%).


Stability and Growth of Payments

Stable Dividend: PEG's dividends per share have been stable in the past 10 years.

Growing Dividend: PEG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (68.2%), PEG's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PEG's dividends in 3 years are forecast to be covered by earnings (61% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Ralph Izzo (63 yo)

14.42yrs

Tenure

US$14,308,254

Compensation

Dr. Ralph Izzo, Ph D., has been the Chief Executive Officer and President of Public Service Enterprise Group Incorporated since April 1, 2007. Dr. Izzo has been the Chief Executive Officer of Public Servic...


CEO Compensation Analysis

Compensation vs Market: Ralph's total compensation ($USD14.31M) is about average for companies of similar size in the US market ($USD11.36M).

Compensation vs Earnings: Ralph's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PEG's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: PEG's board of directors are considered experienced (4.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Public Service Enterprise Group Incorporated's employee growth, exchange listings and data sources


Key Information

  • Name: Public Service Enterprise Group Incorporated
  • Ticker: PEG
  • Exchange: NYSE
  • Founded: 1985
  • Industry: Multi-Utilities
  • Sector: Utilities
  • Market Cap: US$30.850b
  • Shares outstanding: 505.58m
  • Website: https://www.pseg.com

Number of Employees


Location

  • Public Service Enterprise Group Incorporated
  • 80 Park Plaza
  • Newark
  • New Jersey
  • 7102
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 22:56
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.