Pampa Energía S.A. (NYSE:PAM) Receives $41.33 Average PT from Brokerages

Shares of Pampa Energía S.A. (NYSE:PAM) have been given an average recommendation of “Hold” by the five analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $41.33.

Several research firms recently commented on PAM. StockNews.com lowered shares of Pampa Energía from a “buy” rating to a “hold” rating in a research report on Monday, April 8th. Citigroup decreased their price objective on shares of Pampa Energía from $55.00 to $51.00 and set a “neutral” rating on the stock in a research report on Wednesday.

Pampa Energía Stock Performance

NYSE:PAM opened at $43.08 on Wednesday. The company has a quick ratio of 2.16, a current ratio of 2.56 and a debt-to-equity ratio of 0.51. Pampa Energía has a fifty-two week low of $32.10 and a fifty-two week high of $52.17. The stock has a market cap of $2.35 billion, a PE ratio of 7.88, a price-to-earnings-growth ratio of 0.41 and a beta of 0.95. The firm’s fifty day simple moving average is $42.66 and its 200-day simple moving average is $43.70.

Pampa Energía (NYSE:PAM) last posted its quarterly earnings results on Wednesday, March 6th. The utilities provider reported ($2.90) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.44) by ($1.46). Pampa Energía had a return on equity of 10.84% and a net margin of 17.45%. The company had revenue of $362.00 million for the quarter, compared to analyst estimates of $395.56 million. Analysts expect that Pampa Energía will post 7.02 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PAM. GAMMA Investing LLC purchased a new position in Pampa Energía in the 4th quarter valued at about $41,000. SPX Gestao de Recursos Ltda purchased a new position in Pampa Energía in the 4th quarter valued at about $44,000. Tower Research Capital LLC TRC lifted its holdings in Pampa Energía by 295.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,186 shares of the utilities provider’s stock valued at $51,000 after purchasing an additional 886 shares in the last quarter. UBS Group AG lifted its holdings in Pampa Energía by 106.0% in the 3rd quarter. UBS Group AG now owns 3,757 shares of the utilities provider’s stock valued at $85,000 after purchasing an additional 1,933 shares in the last quarter. Finally, Barclays PLC purchased a new position in Pampa Energía in the 2nd quarter valued at about $87,000. 12.77% of the stock is currently owned by hedge funds and other institutional investors.

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.