Pampa Energía (PAM) to Release Earnings on Tuesday

Pampa Energía (NYSE:PAM) is expected to be releasing its earnings data before the market opens on Tuesday, May 6th. Analysts expect Pampa Energía to post earnings of $1.92 per share and revenue of $487.63 million for the quarter.

Pampa Energía (NYSE:PAM) last released its quarterly earnings results on Wednesday, March 5th. The utilities provider reported $1.90 earnings per share for the quarter. Pampa Energía had a return on equity of 12.15% and a net margin of 19.86%. The company had revenue of $435.00 million during the quarter, compared to analysts’ expectations of $454.61 million. On average, analysts expect Pampa Energía to post $9 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Pampa Energía Stock Up 1.2 %

Shares of NYSE:PAM opened at $71.09 on Monday. The company has a market capitalization of $3.88 billion, a P/E ratio of 10.94 and a beta of 0.94. The stock’s fifty day simple moving average is $75.65 and its 200-day simple moving average is $79.95. Pampa Energía has a 52-week low of $38.58 and a 52-week high of $97.55. The company has a quick ratio of 2.13, a current ratio of 2.41 and a debt-to-equity ratio of 0.44.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lifted their price target on shares of Pampa Energía from $59.00 to $93.50 and gave the stock a “neutral” rating in a report on Friday, January 10th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $71.63.

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.