Integrys Energy Group Hits New 52-Week High at $70.61 (TEG)
Integrys Energy Group (NYSE:TEG) hit a new 52-week high on Monday , Analyst RN reports. The company traded as high as $70.61 and last traded at $68.45, with a volume of 4,136,126 shares trading hands. The stock had previously closed at $60.95.
A number of research firms have recently commented on TEG. Analysts at Robert W. Baird cut their price target on shares of Integrys Energy Group from $68.00 to $64.00 in a research note on Monday, May 5th. Analysts at Zacks reiterated a “neutral” rating on shares of Integrys Energy Group in a research note on Friday, May 2nd. They now have a $64.00 price target on the stock.
The stock has a 50-day moving average of $58.17 and a 200-day moving average of $56.77. The company has a market cap of $5.428 billion and a price-to-earnings ratio of 15.50.
Integrys Energy Group (NYSE:TEG) last posted its quarterly earnings results on Thursday, May 1st. The company reported $1.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by $0.06. The company had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the previous year, the company posted $1.76 earnings per share. The company’s revenue for the quarter was up 74.3% on a year-over-year basis. On average, analysts predict that Integrys Energy Group will post $3.58 earnings per share for the current fiscal year.
Integrys Energy Group, Inc is a diversified energy holding company. The Company’s wholly owned subsidiaries provide products and services in both the regulated and nonregulated energy markets.
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