Pampa Energía (PAM) Expected to Announce Earnings on Tuesday

Pampa Energía (NYSE:PAM - Get Free Report) is projected to announce its earnings results before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $1.92 per share and revenue of $487.63 million for the quarter.

Pampa Energía (NYSE:PAM - Get Free Report) last issued its earnings results on Wednesday, March 5th. The utilities provider reported $1.90 EPS for the quarter. The company had revenue of $435.00 million for the quarter, compared to the consensus estimate of $454.61 million. Pampa Energía had a net margin of 19.86% and a return on equity of 12.15%. On average, analysts expect Pampa Energía to post $9 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Pampa Energía Trading Up 1.2 %

PAM traded up $0.84 during trading on Friday, hitting $71.09. 109,266 shares of the stock traded hands, compared to its average volume of 261,594. The firm has a 50-day moving average of $75.65 and a 200 day moving average of $79.87. Pampa Energía has a 12-month low of $38.58 and a 12-month high of $97.55. The firm has a market capitalization of $3.88 billion, a P/E ratio of 10.94 and a beta of 0.94. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.41 and a quick ratio of 2.13.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. boosted their price target on Pampa Energía from $59.00 to $93.50 and gave the company a "neutral" rating in a report on Friday, January 10th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $71.63.

Pampa Energía Company Profile

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.