Pennon Group (PEGRF) Stock Price, News & Analysis

Company Overview

Pennon Group plc is a United Kingdom-based water and wastewater services company. Through its water businesses, including South West Water, Bournemouth Water and Bristol Water, the group supplies drinking water and provides wastewater collection, treatment and related services to households, businesses and other customers.

The company serves communities across the South West of England, including Cornwall, Devon, the Isles of Scilly, parts of Dorset and the Bristol area. Its activities include operating and maintaining water-treatment facilities, sewerage networks, reservoirs and other essential infrastructure, as well as supporting environmental protection and water-resource management.

Pennon developed from South West Water and historically operated through a broader portfolio that included Viridor, an environmental services business. Pennon sold Viridor in 2020 and subsequently focused primarily on regulated water and wastewater operations. Its shares trade on the London Stock Exchange, and the company is also quoted in the United States over the counter under the symbol PEGRF.

Key Stats

• Today's Range: $4.08 to $4.08
• 50-Day Range: $3.98 to $6.65
• 52-Week Range: $3.54 to $7.86
• Volume: N/A
• Average Volume: 5,064 shs
• Market Capitalization: N/A
• P/E Ratio: 14.07
• Dividend Yield: 7.42%
• Price Target: N/A
• Consensus Rating: Moderate Buy

Pennon Group Stock Analysis - MarketRank™

Pennon Group scored higher than 16% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Pennon Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on no strong buy ratings, 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Pennon Group has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Pennon Group is 14.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.64.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pennon Group is 14.07, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 29.29.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Pennon Group has a short interest ratio ("days to cover") of 35.91, which indicates bearish sentiment.

Change versus previous month

Short interest in Pennon Group has recently increased by 17.15%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Pennon Group is a leading dividend payer. It pays a dividend yield of 3.75%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Pennon Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Pennon Group is 104.46%. Payout ratios above 75% are not desirable because they may not be sustainable.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Pennon Group this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Pennon Group insiders have not sold or bought any company stock.

Percentage Held by Institutions

43.98% of the stock of Pennon Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Utilities
• Industry: Water Utilities
• Sub-Industry: Water Utilities
• Current Symbol: OTCMKTS:PEGRF
• CIK: 1455633
• Web: www.pennon-group.co.uk
• Phone: 441392446677
• Fax: N/A
• Employees: 4,000
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 14.07
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A