StockChartsAI.com
All Chart Prices Delayed at least 15 minutesBefore accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.
Stock Charts AI Power Rank: 9.3
Power Rank trend -> Rising
10/08/2024 11:58:00 EST
Public Service Enterprise Group Inc (PEG)
Industry: Utilities - Regulated Electric
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, PEG has been trading in a range between $91.03 and $80.65 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
PEG is breaking above top of the recent 20 day range at $91.03 and appears that it could have some more upside. If it enters a yellow zone the trend may be faltering - consider exiting or taking profits. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Public Service Enterprise Group Inc $PEG entered a Green zone 160 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $65.78, a potential down side of -26.89% from the recent price of 89.98. The stock is trading 2.47% (potential upside) below its 52 week high of $92.20 and 62.27 % (potential downside) above its 52 week low of $55.45 - based on the recent price.
Company Summary
Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs.
News
| Climate Week 2024: PSEG Long Island Announces Climate Change Resilience Plan A decade of planning and strengthening the grid has increased reliability and resilience UNIONDALE, N.Y. , Sept. 26, 2024 /PRNewswire/ -- Coinciding with Climate Week 2024, PSEG Long Island and the Long Island Power Authority (LIPA) have partnered to publish a proactive Climate Change Resilience Plan (CCRP) to address changes in weather patterns projected over the coming decades. Source: PRNewsWire Thu, 26 Sep 2024 14:10:00 -0400 Sentiment: Neutral |
| XEL or PEG: Which Is the Better Value Stock Right Now? Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Xcel Energy (XEL) and PSEG (PEG). But which of these two companies is the best option for those looking for undervalued stocks? Source: Zacks Investment Research Thu, 26 Sep 2024 12:41:18 -0400 Sentiment: Positive |
| PSE&G Lowering Gas Bills by About 5%, Effective Oct. 1 Less volatile commodity prices and solid cost management enabling decrease for customers NEWARK, N.J. , Sept. 26, 2024 /PRNewswire/ -- PSE&G announced today it is lowering gas bills for its residential customers by about 5%, effective Oct. 1, 2024, managing to keep costs down while improving the reliability of our gas system. Source: PRNewsWire Thu, 26 Sep 2024 07:25:00 -0400 Sentiment: Neutral |
| PSEG Executive Vice President and General Counsel Tamara L. Linde to Retire in 2025 PSEG Deputy General Counsel and Chief Litigation Counsel Grace Park Appointed as Executive Vice President and General Counsel to Succeed Linde NEWARK, N.J., Sept. 17, 2024 /PRNewswire/ -- As part of a planned succession process, PSEG announces that Executive Vice President and General Counsel Tamara L. Source: PRNewsWire Tue, 17 Sep 2024 08:30:00 -0400 Sentiment: Neutral |
| PSEG (PEG) Up 0.9% Since Last Earnings Report: Can It Continue? PSEG (PEG) reported earnings 30 days ago. What's next for the stock? Source: Zacks Investment Research Thu, 29 Aug 2024 12:37:37 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 92.2 52 Week Low: 55.451 Beta: 0.627 50 Day MA: 82.7602 200 Day MA: 71.0046 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.263 Qtr Revenue Growth YOY: 0.001 Forward PE: 22.8311 Trailing PE: 27.2667