Pennon Group (PEGRF) Stock Price, News & Analysis

Company Overview

Pennon Group plc is a United Kingdom-based water and wastewater services company. Through its regulated water businesses, the group provides drinking water, wastewater collection and treatment, sewerage, and related services to households, businesses, and other customers.

Pennon’s principal operating companies include South West Water, which serves Devon, Cornwall, the Isles of Scilly, and parts of Dorset, and Bournemouth Water, which supplies customers in parts of Dorset and Hampshire. The group also owns Bristol Water, serving Bristol and surrounding areas in the South West of England.

Founded in 1989, Pennon has historically operated across water, environmental services, and waste management. Its former waste-management business, Viridor, was sold in 2020, allowing the company to focus primarily on regulated water and wastewater operations. Pennon is headquartered in Exeter, England.

Key Stats

• Today's Range: $4.80 to $4.80
• 50-Day Range: $5.75 to $6.65
• 52-Week Range: $4.80 to $7.86
• Volume: 2,863 shs
• Average Volume: 1,331 shs
• Market Capitalization: N/A
• P/E Ratio: 16.54
• Dividend Yield: 6.31%
• Price Target: N/A
• Consensus Rating: Moderate Buy

Pennon Group Stock Analysis - MarketRank™

Pennon Group scored higher than 15% 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: 1.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Pennon Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 3 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Pennon Group has only been the subject of 2 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 16.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pennon Group is 16.54, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 24.14.

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 999.99, which indicates bearish sentiment.

Change versus previous month

Short interest in Pennon Group has recently increased by 3.80%, indicating that investor sentiment is decreasing.

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: 3,000
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 16.54
• 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