Public Service Enterprise Stock Short Ratio
PEG Stock | USD 66.65 1.14 1.74% |
Public Service Enterprise fundamentals help investors to digest information that contributes to Public Service's financial success or failures. It also enables traders to predict the movement of Public Stock. The fundamental analysis module provides a way to measure Public Service's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Public Service stock.
Public | Short Ratio |
Public Short Ratio Analysis
Public Service's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
More About Short Ratio | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.0B | 2.6B | 4.8B | 3.6B | Total Revenue | 9.7B | 9.8B | 11.2B | 9.4B |
Short Ratio | = | Short InterestAverage Trading Volume |
Current Public Service Short Ratio | 2.29 X |
Most of Public Service's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Public Service Enterprise is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Public Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Public Service is extremely important. It helps to project a fair market value of Public Stock properly, considering its historical fundamentals such as Short Ratio. Since Public Service's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Public Service's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Public Service's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Public Short Term Coverage Ratios
Short Term Coverage Ratios |
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Based on the latest financial disclosure, Public Service Enterprise has a Short Ratio of 2.29 times. This is 28.44% lower than that of the Multi-Utilities sector and significantly higher than that of the Utilities industry. The short ratio for all United States stocks is 42.75% higher than that of the company.
Public Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Public Service's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Public Service could also be used in its relative valuation, which is a method of valuing Public Service by comparing valuation metrics of similar companies.Public Service is currently under evaluation in short ratio category among related companies.
Public Service ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Public Service's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Public Service's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Public Service Institutional Holders
Institutional Holdings refers to the ownership stake in Public Service that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Public Service's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Public Service's value.Shares | Bank Of New York Mellon Corp | 2023-09-30 | 4.7 M | Fmr Inc | 2023-09-30 | 4.2 M | Massachusetts Financial Services Company | 2023-12-31 | 3.8 M | Pictet Asset Manangement Sa | 2023-12-31 | 3.7 M | Norges Bank | 2023-12-31 | 3.5 M | Bank Of America Corp | 2023-09-30 | 3.5 M | Rare Infrastructure | 2023-12-31 | 3.3 M | Goldman Sachs Group Inc | 2023-09-30 | 3.3 M | Nordea Investment Mgmt Bank Demark A/s | 2023-12-31 | 3.1 M | Vanguard Group Inc | 2023-09-30 | 61.7 M | Blackrock Inc | 2023-12-31 | 54.8 M |
Public Fundamentals
Return On Equity | 0.18 | ||||
Return On Asset | 0.0437 | ||||
Profit Margin | 0.23 % | ||||
Operating Margin | 0.28 % | ||||
Current Valuation | 53.01 B | ||||
Shares Outstanding | 498.59 M | ||||
Shares Owned By Insiders | 0.11 % | ||||
Shares Owned By Institutions | 75.54 % | ||||
Number Of Shares Shorted | 6.64 M | ||||
Price To Earning | 43.54 X | ||||
Price To Book | 2.11 X | ||||
Price To Sales | 2.91 X | ||||
Revenue | 11.24 B | ||||
Gross Profit | 2.6 B | ||||
EBITDA | 4.91 B | ||||
Net Income | 2.56 B | ||||
Cash And Equivalents | 465 M | ||||
Cash Per Share | 0.76 X | ||||
Total Debt | 20.41 B | ||||
Debt To Equity | 1.51 % | ||||
Current Ratio | 0.60 X | ||||
Book Value Per Share | 31.08 X | ||||
Cash Flow From Operations | 3.81 B | ||||
Short Ratio | 2.29 X | ||||
Earnings Per Share | 5.13 X | ||||
Price To Earnings To Growth | 1.59 X | ||||
Target Price | 66.03 | ||||
Number Of Employees | 12.54 K | ||||
Beta | 0.59 | ||||
Market Capitalization | 32.66 B | ||||
Total Asset | 50.74 B | ||||
Retained Earnings | 12.02 B | ||||
Working Capital | (1.68 B) | ||||
Current Asset | 3.49 B | ||||
Current Liabilities | 3.58 B | ||||
Z Score | 1.79 | ||||
Annual Yield | 0.04 % | ||||
Five Year Return | 3.32 % | ||||
Net Asset | 50.74 B | ||||
Last Dividend Paid | 2.28 |
About Public Service Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Public Service Enterprise's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Public Service using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Public Service Enterprise based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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 Incorporated was incorporated in 1985 and is based in Newark, New Jersey. Public Service operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 12684 people.
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Check out Public Service Piotroski F Score and Public Service Altman Z Score analysis. Note that the Public Service Enterprise information on this page should be used as a complementary analysis to other Public Service's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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When running Public Service's price analysis, check to measure Public Service's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Public Service is operating at the current time. Most of Public Service's value examination focuses on studying past and present price action to predict the probability of Public Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Public Service's price. Additionally, you may evaluate how the addition of Public Service to your portfolios can decrease your overall portfolio volatility.
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Is Public Service's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Public Service. If investors know Public will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Public Service listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Dividend Share 2.28 | Earnings Share 5.13 | Revenue Per Share 22.564 | Quarterly Revenue Growth (0.17) |
The market value of Public Service Enterprise is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Service's value that differs from its market value or its book value, called intrinsic value, which is Public Service's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Public Service's market value can be influenced by many factors that don't directly affect Public Service's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Public Service's value and its price as these two are different measures arrived at by different means. Investors typically determine if Public Service is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public Service's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.