$0.39 EPS Expected for Stone Energy (SGY); Cubist Systematic Strategies Has Boosted Its Public Svc Enterprise Group (PEG) Position

May 13, 2018 - By Henry Gaston

Public Service Enterprise Group Incorporated (NYSE:PEG) Logo

Analysts expect Stone Energy Corporation (NYSE:SGY) to report $0.39 EPS on June, 11.SGY’s profit would be $7.80M giving it 22.74 P/E if the $0.39 EPS is correct. After having $0.12 EPS previously, Stone Energy Corporation’s analysts see 225.00% EPS growth. The stock increased 2.72% or $0.94 during the last trading session, reaching $35.48. About 205,558 shares traded or 18.92% up from the average. Stone Energy Corporation (NYSE:SGY) has risen 69.07% since May 13, 2017 and is uptrending. It has outperformed by 57.52% the S&P500.

Cubist Systematic Strategies Llc increased Public Svc Enterprise Group (PEG) stake by 204.03% reported in 2017Q4 SEC filing. Cubist Systematic Strategies Llc acquired 28,730 shares as Public Svc Enterprise Group (PEG)’s stock declined 3.43%. The Cubist Systematic Strategies Llc holds 42,811 shares with $2.21M value, up from 14,081 last quarter. Public Svc Enterprise Group now has $25.84B valuation. The stock increased 0.04% or $0.02 during the last trading session, reaching $51.15. About 1.74 million shares traded. Public Service Enterprise Group Incorporated (NYSE:PEG) has risen 10.24% since May 13, 2017 and is uptrending. It has underperformed by 1.31% the S&P500.

Cubist Systematic Strategies Llc decreased Marvell Technology Group Ltd (NASDAQ:MRVL) stake by 31,920 shares to 84,710 valued at $1.82 million in 2017Q4. It also reduced Zynga Inc (NASDAQ:ZNGA) stake by 140,275 shares and now owns 146,968 shares. Teck Resources Ltd (NYSE:TCK) was reduced too.

Among 16 analysts covering Public Service Enterprise Group Incorporated (NYSE:PEG), 10 have Buy rating, 1 Sell and 5 Hold. Therefore 63% are positive. Public Service Enterprise Group Incorporated had 59 analyst reports since September 11, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, October 25 by Argus Research. The firm has “Neutral” rating by Mizuho given on Monday, February 5. The company was maintained on Monday, October 5 by RBC Capital Markets. JP Morgan maintained the shares of PEG in report on Thursday, October 12 with “Overweight” rating. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) has “Underperform” rating given on Tuesday, June 7 by Bank of America. As per Thursday, August 10, the company rating was maintained by Morgan Stanley. The rating was downgraded by Wolfe Research to “Underperform” on Tuesday, October 20. The rating was upgraded by Goldman Sachs on Monday, October 17 to “Buy”. Citigroup initiated the shares of PEG in report on Friday, September 18 with “Neutral” rating. The firm earned “Buy” rating on Friday, February 23 by Guggenheim.

Another recent and important Public Service Enterprise Group Incorporated (NYSE:PEG) news was published by Seekingalpha.com which published an article titled: “Public Service Enterprise’s (PEG) CEO Ralph Izzo on Q1 2018 Results – Earnings Call Transcript” on April 30, 2018.

Investors sentiment decreased to 1.03 in Q4 2017. Its down 0.03, from 1.06 in 2017Q3. It dropped, as 32 investors sold PEG shares while 227 reduced holdings. 73 funds opened positions while 195 raised stakes. 332.49 million shares or 1.41% more from 327.87 million shares in 2017Q3 were reported. Stephens Ar owns 0.14% invested in Public Service Enterprise Group Incorporated (NYSE:PEG) for 72,571 shares. Grantham Mayo Van Otterloo And Ltd has invested 0.08% in Public Service Enterprise Group Incorporated (NYSE:PEG). Bradley Foster & Sargent Ct owns 9,672 shares. Gemmer Asset Management Ltd Liability invested in 432 shares. Sandy Spring Bankshares has invested 0.01% in Public Service Enterprise Group Incorporated (NYSE:PEG). Duff & Phelps Mgmt accumulated 1.87 million shares. Nelson Roberts Advsrs Limited Liability holds 670 shares or 0.01% of its portfolio. Bp Public Ltd holds 56,000 shares. 464,176 are owned by Kempen Mngmt Nv. Moreover, Trustmark Comml Bank Trust Department has 0.06% invested in Public Service Enterprise Group Incorporated (NYSE:PEG). Timber Hill Llc holds 0.32% or 95,480 shares. Parametric Portfolio Associate Lc stated it has 2.18 million shares. Twin Cap Mgmt Inc accumulated 149,400 shares. Dekabank Deutsche Girozentrale invested in 0.11% or 307,580 shares. Nevada-based Whittier Trust Of Nevada has invested 0.01% in Public Service Enterprise Group Incorporated (NYSE:PEG).

Since January 2, 2018, it had 0 insider purchases, and 6 sales for $6.09 million activity. IZZO RALPH sold $1.04 million worth of stock or 20,833 shares. Linde Tamara Louise sold $825,981 worth of stock.

Among 13 analysts covering Stone Energy Corporation (NYSE:SGY), 1 have Buy rating, 5 Sell and 7 Hold. Therefore 8% are positive. Stone Energy Corporation had 29 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “In-Line” rating by Imperial Capital given on Wednesday, February 3. The company was maintained on Monday, August 31 by KLR Group. The firm earned “Underweight” rating on Tuesday, January 19 by CapitalOne. Imperial Capital downgraded the stock to “Underperform” rating in Tuesday, April 19 report. Barclays Capital maintained Stone Energy Corporation (NYSE:SGY) on Wednesday, June 15 with “Equalweight” rating. Piper Jaffray downgraded the shares of SGY in report on Friday, March 11 to “Underweight” rating. The firm earned “Sector Perform” rating on Friday, August 14 by Howard Weil. On Wednesday, February 24 the stock rating was downgraded by KLR Group to “Hold”. The firm has “Underweight” rating given on Friday, March 11 by Simmons & Co. As per Wednesday, November 4, the company rating was maintained by Imperial Capital.

Stone Energy Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and operation of gas and oil properties in the Gulf of Mexico. The company has market cap of $709.55 million. As of December 31, 2016, it had estimated proved oil and natural gas reserves of approximately 321 billion cubic feet of gas equivalent. It has a 1.65 P/E ratio.

More notable recent Stone Energy Corporation (NYSE:SGY) news were published by: Streetinsider.com which released: “Talos Energy Announces Stockholder Approval of Transaction Agreement with Stone Energy (SGY)” on May 03, 2018, also Streetinsider.com with their article: “Stone Energy (SGY) Reports Agreement to Buy Ram Powell Field” published on April 27, 2018, Prnewswire.com published: “Talos Energy LLC Announces Stockholder Approval of Transaction Agreement with Stone Energy Corporation” on May 03, 2018. More interesting news about Stone Energy Corporation (NYSE:SGY) were released by: Prnewswire.com and their article: “Stone Energy Corporation Announces Derbio Drilling Results” published on April 24, 2018 as well as Globenewswire.com‘s news article titled: “Research Report Identifies Spartan Motors, Cardiovascular, Stone Energy, Verisk Analytics, National Bank, and …” with publication date: April 24, 2018.

Public Service Enterprise Group Incorporated (NYSE:PEG) Institutional Positions Chart

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