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

Pampa Energía S.A. (NYSE:PAM) has been assigned a consensus recommendation of “Hold” from the five analysts that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $41.33.

Several research analysts recently commented on PAM shares. StockNews.com downgraded shares of Pampa Energía from a “buy” rating to a “hold” rating in a research note on Monday, April 8th. Citigroup reduced their price target on shares of Pampa Energía from $55.00 to $51.00 and set a “neutral” rating on the stock in a research note on Wednesday.

Pampa Energía Trading Down 0.1 %

Shares of PAM traded down $0.05 during midday trading on Wednesday, hitting $42.02. The stock had a trading volume of 223,565 shares, compared to its average volume of 257,777. Pampa Energía has a 1 year low of $32.10 and a 1 year high of $52.17. The firm has a market cap of $2.29 billion, a PE ratio of 7.65, a price-to-earnings-growth ratio of 0.41 and a beta of 0.95. 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 stock’s 50 day moving average is $42.76 and its 200 day moving average is $43.68.

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC purchased a new position in Pampa Energía during the 4th quarter valued at about $41,000. SPX Gestao de Recursos Ltda purchased a new position in Pampa Energía during the 4th quarter valued at about $44,000. Tower Research Capital LLC TRC increased its position in Pampa Energía by 295.3% during 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 during the period. FNY Investment Advisers LLC purchased a new position in Pampa Energía during the 4th quarter valued at about $99,000. Finally, Barclays PLC purchased a new position in Pampa Energía during the 2nd quarter valued at about $87,000. Hedge funds and other institutional investors own 12.77% of the company’s stock.

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.