Pampa Energia S.A. (NYSE:PAM) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts rate Pampa Energia “Hold”: Three of five analysts recommend holding the stock, while two recommend buying it. The average 12-month price target is $105, compared with a recent price of $76.27.
• Insiders increased their ownership: Company insiders bought 3.4 million shares worth approximately $14.1 million during the last quarter, bringing insider ownership to 55.52%.
• Pampa Energia reported quarterly revenue of $746 million and earnings of $2.50 per share, with a 23.58% net margin and 15.33% return on equity. The stock has traded between $58.50 and $94.50 over the past year.

Pampa Energia S.A. (NYSE:PAM - Get Free Report) has been assigned a consensus recommendation of "Hold" from the five analysts that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $105.00.

A number of brokerages have commented on PAM. JPMorgan Chase & Co. boosted their price objective on Pampa Energia from $101.50 to $105.00 and gave the stock a "neutral" rating in a report on Tuesday, September 1st. Zacks Research cut Pampa Energia from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 27th. Weiss Ratings reiterated a "hold (c)" rating on shares of Pampa Energia in a report on Wednesday, September 9th. Finally, Wall Street Zen downgraded Pampa Energia from a "strong-buy" rating to a "buy" rating in a report on Sunday, September 27th.

Insider Transactions at Pampa Energia

In other news, insider Gustavo Mariani purchased 25,000 shares of the company's stock in a transaction that occurred on Friday, September 25th. The shares were bought at an average cost of $78.26 per share, with a total value of $1,956,500.00. Following the completion of the transaction, the insider directly owned 1,616,184 shares of the company's stock, valued at approximately $126,482,559.84. This trade represents a 1.57% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Damian Mindlin purchased 1,432,197 shares of the business's stock in a transaction that occurred on Monday, September 28th. The shares were purchased at an average price of $3.89 per share, for a total transaction of $5,571,246.33. Following the completion of the acquisition, the insider owned 13,959,067 shares of the company's stock, valued at $54,300,770.63. The trade was a 11.43% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 3,407,122 shares of company stock worth $14,100,465 in the last quarter. 55.52% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Pampa Energia

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. NFJ Investment Group LLC purchased a new position in shares of Pampa Energia in the 4th quarter worth approximately $104,000. DGS Capital Management LLC purchased a new stake in shares of Pampa Energia during the fourth quarter valued at approximately $234,000. Modern Wealth Management LLC purchased a new stake in shares of Pampa Energia during the first quarter valued at approximately $371,000. WINTON GROUP Ltd bought a new stake in Pampa Energia during the second quarter worth $608,000. Finally, Connective Portfolio Management LLC bought a new stake in Pampa Energia during the first quarter worth $620,000. Hedge funds and other institutional investors own 12.77% of the company's stock.

Pampa Energia Trading Up 0.2%

NYSE:PAM opened at $76.27 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.64 and a quick ratio of 3.23. The firm has a 50-day moving average of $82.24 and a 200-day moving average of $83.17. The company has a market cap of $4.10 billion, a PE ratio of 7.24, a PEG ratio of 0.25 and a beta of 0.93. Pampa Energia has a one year low of $58.50 and a one year high of $94.50.

Pampa Energia (NYSE:PAM - Get Free Report) last posted its earnings results on Tuesday, June 30th. The utilities provider reported $2.50 earnings per share for the quarter. Pampa Energia had a net margin of 23.58% and a return on equity of 15.33%. The company had revenue of $746.00 million for the quarter. As a group, equities research analysts expect that Pampa Energia will post 10.94 EPS for the current fiscal year.

Pampa Energia Company Profile

Pampa Energía SA is an Argentine integrated energy company with operations spanning electricity generation and oil and gas exploration and production. The company is one of Argentina's leading private-sector power producers, supplying electricity through a portfolio that includes thermal, hydroelectric and renewable generation facilities.

In its upstream business, Pampa explores for and produces crude oil and natural gas in several of Argentina's principal hydrocarbon basins, including the Vaca Muerta shale formation in Neuquén Province.

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