Pampa Energía S.A. (NYSE:PAM) Receives Consensus Rating of “Hold” from Brokerages

Pampa Energía S.A. (NYSE:PAM) has been assigned an average rating of “Hold” from the five brokerages that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $41.33.

Several brokerages have commented on PAM. Citigroup decreased their target price 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, April 17th. StockNews.com lowered shares of Pampa Energía from a “buy” rating to a “hold” rating in a research report on Monday, April 8th.

Pampa Energía Stock Performance

NYSE:PAM opened at $45.10 on Wednesday. The firm’s fifty day moving average price is $42.72 and its 200 day moving average price is $43.87. Pampa Energía has a 1-year low of $32.10 and a 1-year high of $52.17. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.56 and a quick ratio of 2.16. The firm has a market cap of $2.46 billion, a price-to-earnings ratio of 8.24, a price-to-earnings-growth ratio of 0.42 and a beta of 0.95.

Pampa Energía (NYSE:PAM) last posted its quarterly earnings data 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). The firm had revenue of $362.00 million during the quarter, compared to analysts’ expectations of $395.56 million. Pampa Energía had a net margin of 17.45% and a return on equity of 10.84%. On average, sell-side analysts expect that Pampa Energía will post 7.02 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC acquired a new position in shares of Pampa Energía during the 4th quarter worth $41,000. SPX Gestao de Recursos Ltda acquired a new position in shares of Pampa Energía during the 4th quarter worth $44,000. FNY Investment Advisers LLC acquired a new position in shares of Pampa Energía during the 4th quarter worth $99,000. Barclays PLC acquired a new position in shares of Pampa Energía during the 2nd quarter worth $87,000. Finally, Quantbot Technologies LP raised its stake in shares of Pampa Energía by 177.5% during the 3rd quarter. Quantbot Technologies LP now owns 3,386 shares of the utilities provider’s stock worth $127,000 after buying an additional 2,166 shares during the last quarter. Institutional investors and hedge funds own 12.77% of the company’s stock.

About Pampa Energía

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.