AI Spotlight on PEG
Company Description
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.
As of December 31, 2021, it had electric transmission and distribution system of 25,000 circuit miles and 862,000 poles; 56 switching stations with an installed capacity of 39,353 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,285 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 58 natural gas metering and regulating stations.Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.
Market Data
Last Price | 83.83 |
Change Percentage | 2.61% |
Open | 82.7 |
Previous Close | 81.7 |
Market Cap ( Millions) | 41766 |
Volume | 2923242 |
Year High | 95.22 |
Year Low | 57.24 |
M A 50 | 87.47 |
M A 200 | 80.97 |
Financial Ratios
FCF Yield | -2.13% |
Dividend Yield | 2.86% |
ROE | 12.88% |
Debt / Equity | 137.10% |
Net Debt / EBIDTA | 490.64% |
Price To Book | 2.59 |
Price Earnings Ratio | 20.54 |
Price To FCF | -46.88 |
Price To sales | 4.0 |
EV / EBITDA | 14.28 |
News
- Jan -21 - 4 PEG-Based Value Stocks to Neutralize Trump 2.0-Led Market Volatility
- Jan -09 - 4 Lucrative PEG Stocks Based on GARP Investment Strategy
- Jan -06 - PSE&G ranked No. 1 for Both Gas and Electric Utility Residential Customer Satisfaction in the East among Large Utilities by J.D.
- Jan -03 - TD Cowen 'cautious' on seeing 45V final rule as 'final'
- Jan -03 - Evercore says final 45V rule positive for Constellation, PSEG, and Vistra
- Dec -25 - PNW vs. PEG: Which Stock Should Value Investors Buy Now?
- Dec -23 - 4 Best-Bargain PEG Stocks That Value Investors Love
- Dec -16 - PSEG Foundation Celebrates 10 Years and Nearly $8M in Grants, Empowering Communities Across New Jersey and New York
- Dec -10 - 4 Finest PEG Stocks Based on GARP Investment Strategy
- Nov -21 - 5 Best Value Stocks With Discounted PEG to Boost Your Portfolio Return
- Nov -19 - PSEG Declares Regular Quarterly Dividend for the Fourth Quarter of 2024
- Nov -19 - Brii Bio Delivers First Head-to-Head Comparison of siRNA (Elebsiran) and PEG-IFNα Combination versus PEG-IFNα Alone at AASLD's The Liver Meeting® 2024, Demonstrating Higher Loss of HBV Surface Antigen by Combining with siRNA
- Nov -14 - PSE&G Wins Two Prestigious Awards
- Nov -06 - 5 PEG-Based GARP Stocks to Buy Amid Election Week Volatility
- Nov -04 - With Winter Heating Season Nearing, PSEG Long Island Customers May Be Eligible for Assistance
- Nov -04 - Public Service Enterprise Group Q3 Earnings Miss, Revenues Rise Y/Y
- Nov -04 - Public Service Enterprise Group Incorporated (PEG) Q3 2024 Earnings Call Transcript
- Nov -04 - Compared to Estimates, PSEG (PEG) Q3 Earnings: A Look at Key Metrics
- Nov -04 - PSEG (PEG) Q3 Earnings Miss Estimates
- Nov -04 - Public Service Enterprise Group beats Q3 profit estimates on higher sales
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Public Service Electric and Gas Company
Expected Growth : 1.0 %
What the company do ?
Public Service Electric and Gas Company is a utility company providing electric and gas services to New Jersey, part of Public Service Enterprise Group Incorporated.
Why we expect these perspectives ?
Public Service Electric and Gas Company's 1.0% growth is driven by increasing demand for electricity and natural gas, infrastructure investments, and rate base growth. Additionally, the company's focus on energy efficiency and renewable energy initiatives contributes to its steady growth. Furthermore, the company's strong operational performance and cost management efforts also support its growth.
Segment n°2 -> Public Service Enterprise Group Incorporated Power & Other
Expected Growth : 1.0 %
What the company do ?
Public Service Enterprise Group Incorporated's Power & Other segment includes the company's fossil, nuclear, and renewable generation operations, as well as energy trading and marketing activities.
Why we expect these perspectives ?
PSEG's Power & Other segment's 1.0% growth is driven by increasing demand for electricity, investments in transmission and distribution infrastructure, and favorable regulatory policies. Additionally, the company's focus on renewable energy sources, such as wind and solar, contributes to growth. Furthermore, PSEG's diversified customer base and cost management efforts also support segment growth.
Segment n°3 -> Eliminations
Expected Growth : 1.0 %
What the company do ?
Eliminations from Public Service Enterprise Group Incorporated refer to the removal of intercompany transactions and balances to present a consolidated financial statement.
Why we expect these perspectives ?
PSEG's 1.0% growth is driven by increased investments in transmission and distribution infrastructure, favorable weather conditions, and a growing customer base. Additionally, the company's focus on renewable energy and energy efficiency initiatives contributes to its steady growth. These fundamental drivers position PSEG for continued stability and modest growth in the utility sector.
Public Service Enterprise Group Incorporated Products
Product Range | What is it ? |
---|---|
Electricity Generation | Public Service Enterprise Group Incorporated generates electricity through its power plants, which use a diverse range of fuels including nuclear, coal, gas, and oil. |
Electricity Transmission and Distribution | The company owns and operates a network of transmission and distribution lines, substations, and other infrastructure to deliver electricity to customers. |
Natural Gas Distribution | Public Service Enterprise Group Incorporated distributes natural gas to customers through its network of pipelines and infrastructure. |
Renewable Energy | The company invests in and operates renewable energy projects, including solar and wind farms. |
Energy Efficiency | Public Service Enterprise Group Incorporated offers energy efficiency programs and services to help customers reduce energy consumption. |
Energy Management | The company provides energy management services to help customers optimize their energy usage and reduce costs. |
Public Service Enterprise Group Incorporated's Porter Forces
Threat Of Substitutes
The threat of substitutes for Public Service Enterprise Group Incorporated is moderate due to the availability of alternative energy sources and the increasing adoption of renewable energy.
Bargaining Power Of Customers
The bargaining power of customers is low due to the lack of alternatives and the regulated nature of the industry, which limits the ability of customers to negotiate prices.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate due to the presence of multiple suppliers and the ability of Public Service Enterprise Group Incorporated to negotiate prices.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry, including the need for significant capital investment and regulatory approvals.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of multiple competitors and the ongoing competition for market share.
Capital Structure
Value | |
---|---|
Debt Weight | 56.87% |
Debt Cost | 4.05% |
Equity Weight | 43.13% |
Equity Cost | 6.81% |
WACC | 5.24% |
Leverage | 131.85% |
Public Service Enterprise Group Incorporated : Quality Control
Public Service Enterprise Group Incorporated passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
ED | Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.5 million customers in … |
DUK | Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and … |
EIX | Edison International, through its subsidiaries, generates and distributes electric power. It delivers electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal … |
AEP | American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United … |
SO | The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing … |