PEG vs. ED, PCG, WEC, AEE, NI, XEL, EXC, LNT, EVRG, and DUK
Should you be buying Public Service Enterprise Group stock or one of its competitors? The main competitors of Public Service Enterprise Group include Consolidated Edison (ED), PG&E (PCG), WEC Energy Group (WEC), Ameren (AEE), NiSource (NI), Xcel Energy (XEL), Exelon (EXC), Alliant Energy (LNT), Evergy (EVRG), and Duke Energy (DUK). These companies are all part of the "utilities" sector.
Public Service Enterprise Group (NYSE:PEG) and Consolidated Edison (NYSE:ED) are both large-cap utilities companies, but which is the superior stock? We will contrast the two businesses based on the strength of their media sentiment, community ranking, risk, analyst recommendations, dividends, profitability, valuation, institutional ownership and earnings.
In the previous week, Public Service Enterprise Group had 12 more articles in the media than Consolidated Edison. MarketBeat recorded 26 mentions for Public Service Enterprise Group and 14 mentions for Consolidated Edison. Public Service Enterprise Group's average media sentiment score of 0.66 beat Consolidated Edison's score of 0.40 indicating that Public Service Enterprise Group is being referred to more favorably in the media.
73.3% of Public Service Enterprise Group shares are owned by institutional investors. Comparatively, 66.3% of Consolidated Edison shares are owned by institutional investors. 0.2% of Public Service Enterprise Group shares are owned by insiders. Comparatively, 0.2% of Consolidated Edison shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Public Service Enterprise Group has a beta of 0.58, suggesting that its stock price is 42% less volatile than the S&P 500. Comparatively, Consolidated Edison has a beta of 0.35, suggesting that its stock price is 65% less volatile than the S&P 500.
Public Service Enterprise Group pays an annual dividend of $2.40 per share and has a dividend yield of 3.5%. Consolidated Edison pays an annual dividend of $3.32 per share and has a dividend yield of 3.5%. Public Service Enterprise Group pays out 46.8% of its earnings in the form of a dividend. Consolidated Edison pays out 46.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Consolidated Edison is clearly the better dividend stock, given its higher yield and lower payout ratio.
Public Service Enterprise Group presently has a consensus target price of $67.15, indicating a potential downside of 2.79%. Consolidated Edison has a consensus target price of $87.54, indicating a potential downside of 7.37%. Given Public Service Enterprise Group's stronger consensus rating and higher probable upside, analysts clearly believe Public Service Enterprise Group is more favorable than Consolidated Edison.
Public Service Enterprise Group received 137 more outperform votes than Consolidated Edison when rated by MarketBeat users. Likewise, 56.69% of users gave Public Service Enterprise Group an outperform vote while only 41.55% of users gave Consolidated Edison an outperform vote.
Public Service Enterprise Group has a net margin of 22.81% compared to Consolidated Edison's net margin of 17.19%. Public Service Enterprise Group's return on equity of 11.53% beat Consolidated Edison's return on equity.
Public Service Enterprise Group has higher earnings, but lower revenue than Consolidated Edison. Consolidated Edison is trading at a lower price-to-earnings ratio than Public Service Enterprise Group, indicating that it is currently the more affordable of the two stocks.
Summary
Public Service Enterprise Group beats Consolidated Edison on 16 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PEG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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