PEG vs. ED, PCG, WEC, AEE, CMS, NI, XEL, EXC, LNT, and EVRG
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), CMS Energy (CMS), NiSource (NI), Xcel Energy (XEL), Exelon (EXC), Alliant Energy (LNT), and Evergy (EVRG). These companies are all part of the "electric & other services combined" industry.
Public Service Enterprise Group (NYSE:PEG) and Consolidated Edison (NYSE:ED) are both large-cap utilities companies, but which is the superior investment? We will contrast the two companies based on the strength of their community ranking, analyst recommendations, risk, valuation, earnings, profitability, media sentiment, institutional ownership and dividends.
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.
Public Service Enterprise Group pays an annual dividend of $2.40 per share and has a dividend yield of 3.6%. Consolidated Edison pays an annual dividend of $3.32 per share and has a dividend yield of 3.6%. 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.
Public Service Enterprise Group currently has a consensus price target of $67.15, suggesting a potential upside of 0.53%. Consolidated Edison has a consensus price target of $87.54, suggesting a potential downside of 5.87%. Given Public Service Enterprise Group's stronger consensus rating and higher probable upside, equities analysts plainly believe Public Service Enterprise Group is more favorable than Consolidated Edison.
Public Service Enterprise Group has a beta of 0.58, indicating that its share price is 42% less volatile than the S&P 500. Comparatively, Consolidated Edison has a beta of 0.35, indicating that its share price is 65% less volatile than the S&P 500.
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.
73.3% of Public Service Enterprise Group shares are held by institutional investors. Comparatively, 66.3% of Consolidated Edison shares are held by institutional investors. 0.2% of Public Service Enterprise Group shares are held by company insiders. Comparatively, 0.1% of Consolidated Edison shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
In the previous week, Public Service Enterprise Group had 3 more articles in the media than Consolidated Edison. MarketBeat recorded 17 mentions for Public Service Enterprise Group and 14 mentions for Consolidated Edison. Consolidated Edison's average media sentiment score of 0.77 beat Public Service Enterprise Group's score of 0.53 indicating that Consolidated Edison is being referred to more favorably in the news media.
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.
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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