Pampa Energía S.A. (NYSE:PAM - Get Free Report)'s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $70.35 and last traded at $71.10, with a volume of 204083 shares changing hands. The stock had previously closed at $73.53.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. lifted their target price on Pampa Energía from $59.00 to $93.50 and gave the stock a "neutral" rating in a research report on Friday, January 10th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $71.63.
Get Our Latest Research Report on Pampa Energía
Pampa Energía Stock Performance
The company has a quick ratio of 2.13, a current ratio of 2.41 and a debt-to-equity ratio of 0.44. The firm has a 50 day moving average of $75.49 and a 200-day moving average of $79.96. The company has a market cap of $3.87 billion, a P/E ratio of 10.92 and a beta of 1.16.
Pampa Energía (NYSE:PAM - Get Free Report) last posted its quarterly earnings results on Wednesday, March 5th. The utilities provider reported $1.90 earnings per share (EPS) for the quarter. Pampa Energía had a return on equity of 12.15% and a net margin of 19.86%. The business had revenue of $435.00 million for the quarter, compared to the consensus estimate of $454.61 million. As a group, sell-side analysts anticipate that Pampa Energía S.A. will post 9.33 EPS for the current fiscal year.
Hedge Funds Weigh In On Pampa Energía
Large investors have recently bought and sold shares of the business. Advisors Preferred LLC purchased a new stake in shares of Pampa Energía during the fourth quarter worth about $26,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Pampa Energía during the 4th quarter valued at approximately $49,000. Blue Trust Inc. raised its holdings in shares of Pampa Energía by 62.7% in the fourth quarter. Blue Trust Inc. now owns 672 shares of the utilities provider's stock worth $59,000 after buying an additional 259 shares during the last quarter. Compass Group LLC acquired a new position in shares of Pampa Energía in the 4th quarter valued at $152,000. Finally, Burns Matteson Capital Management LLC purchased a new stake in Pampa Energía during the 1st quarter valued at about $186,000. Institutional investors own 12.77% of the company's stock.
About Pampa Energía
(
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Pampa Energía SA operates as an integrated power company in Argentina. The company operates through Electricity Generation, Oil and Gas, Petrochemicals, and Holding and Other Business segments. It generates electricity through thermal plants, hydroelectric plants, and wind farms with a 5,332 megawatt (MW) installed capacity.
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