Pampa Energía (PAM) Scheduled to Post Quarterly Earnings on Wednesday

Pampa Energía (NYSE:PAM) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 6th. Analysts expect Pampa Energía to post earnings of $1.49 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Pampa Energía (NYSE:PAM) last announced its quarterly earnings data on Wednesday, August 7th. The utilities provider reported $1.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.44. The company had revenue of $500.00 million during the quarter, compared to analysts’ expectations of $479.17 million. Pampa Energía had a net margin of 20.96% and a return on equity of 12.59%. On average, analysts expect Pampa Energía to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Pampa Energía Stock Performance

Shares of PAM opened at $65.72 on Tuesday. The company’s 50 day simple moving average is $61.07 and its 200 day simple moving average is $51.63. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.01 and a current ratio of 2.33. Pampa Energía has a 1 year low of $32.91 and a 1 year high of $69.59. The company has a market capitalization of $3.58 billion, a price-to-earnings ratio of 9.96 and a beta of 0.88.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on PAM. Citigroup cut shares of Pampa Energía from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $58.00 to $75.00 in a research report on Friday. JPMorgan Chase & Co. increased their price target on Pampa Energía from $55.00 to $59.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. StockNews.com lowered shares of Pampa Energía from a “buy” rating to a “hold” rating in a report on Monday, October 28th. Finally, Bank of America increased their price objective on shares of Pampa Energía from $62.00 to $72.00 and gave the stock a “buy” rating in a research report on Wednesday, September 11th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $63.00.

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.