The stock of Pampa Energia S.A. (NYSE:PAM) decreased by -$1.1 on Friday to finish at $43.65, down -2.46 percent. The last five days have seen an average of 286,351 shares of common stock traded. 18 times new highs were reached in the current year, with a gain of $11.81. The average number of shares traded over the last 20 days was 175,438, while the average volume over the last 50 days totaled 186,735.
PAM stock appreciated 2.03% since last month. On 08/14/23, the company’s shares reached a one-month low of $38.72. The stock touched a high of $45.63 on 07/24/23, after rallying from a low of $21.93 in 52 weeks. The price of PAM stock has risen by 36.66% or $11.81 this year, reaching a new high 18 times. Still, the stock price is down -4.34% from the 52-week high.
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Valuation Metrics
Pampa Energia S.A. (PAM) has a trailing price-to-earnings (P/E) ratio of 6.73. Beta for the stock is 0.82.
Financial Health
Based on annual data, it had gross profit of $681.0 million and revenue of $1.83 billion.
Earnings Surprise
According to Pampa Energia S.A.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.83 billion, while revenues rose by 17.55% to $0.0. It was predicted that Pampa Energia S.A.’s quarterly earnings would be $3.33, but it ended up being $1.37, beating the consensus by 143.10%. EBITDA was $177.89 million for the quarter. At the end of Pampa Energia S.A.’s most recent quarter ended June 29, its liabilities totaled 2.78 billion, while its total debt was $1.66 billion.
Technical Picture
Here’s a quick look at Pampa Energia S.A.’s (PAM) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 58.97%, suggesting the stock is Neutral, with a 40.26% historical volatility rate.
The stochastic %K and %D were 76.79% and 58.14% respectively, while the average true range (ATR) was 2.36. Based on the 14-day stochastic reading of 80.90%, the RSI (14) reading is 56.69%. On the 9-day MACD Oscillator, the stock is at 1.93, and the 14-day reading is at 1.82.
Analyst Ratings
Pampa Energia S.A. (NYSE: PAM) was downgraded by Morgan Stanley to a an Equal-weight rating in its latest research report. The stock was previously rated as a an Overweight. Analysts have assigned Pampa Energia S.A. (PAM) an Overweight rating. PAM is a stock that is recommended for selling by 1 brokerage firm, while 3 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 4 others recommend it as a buy.
What is PAM’s price target for the next 12 months?
The current consensus forecast for the stock is between $22.00 and $55.00, with a median target price of $39.20. In analyzing these forecasts, the average price target given by analysts for Pampa Energia S.A. (PAM) is $38.81.
