Equities analysts expect Pampa Energia S.A. (NYSE:PAM) to report earnings of $0.74 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Pampa Energia’s earnings. Pampa Energia reported earnings of $0.86 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 14%. The firm is scheduled to issue its next earnings results on Tuesday, March 13th.
According to Zacks, analysts expect that Pampa Energia will report full year earnings of $3.32 per share for the current year, with EPS estimates ranging from $3.30 to $3.33. For the next fiscal year, analysts anticipate that the business will post earnings of $5.04 per share, with EPS estimates ranging from $4.43 to $5.65. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that cover Pampa Energia.
A number of research analysts have recently issued reports on the company. Zacks Investment Research cut Pampa Energia from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 28th. ValuEngine cut Pampa Energia from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Morgan Stanley assumed coverage on Pampa Energia in a research note on Tuesday, September 19th. They set an “equal weight” rating and a $69.00 price objective on the stock. Finally, Santander raised Pampa Energia from a “hold” rating to a “buy” rating in a research note on Friday, December 15th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $74.00.
Shares of Pampa Energia (NYSE PAM) traded up $1.88 during mid-day trading on Wednesday, hitting $69.16. The company had a trading volume of 322,300 shares, compared to its average volume of 215,900. Pampa Energia has a one year low of $35.52 and a one year high of $71.39. The stock has a market capitalization of $4,942.39, a P/E ratio of 20.83 and a beta of 1.12. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 1.81.
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About Pampa Energia
Pampa Energia SA is an integrated electricity company. The Company, through its subsidiaries, is engaged in the generation, transmission and distribution of electricity in Argentina. Its segments include generation, transmission, distribution, oil and gas, and holding and others. Its generation segment includes a direct and indirect equity interest in Central Piedra Buena SA, Central Termica Guemes SA, Central Termica Loma de la Lata SA and Pampa Comercializadora S.A, among others, and investments in companies in the electricity generation sector.
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