Pampa Energía (PAM) Set to Announce Quarterly Earnings on Tuesday

Pampa Energía (NYSE:PAM) is scheduled to be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $1.38 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Pampa Energía (NYSE:PAM) last posted its earnings results on Wednesday, March 6th. The utilities provider reported ($2.90) EPS for the quarter, missing the consensus estimate of ($1.44) by ($1.46). Pampa Energía had a return on equity of 10.84% and a net margin of 17.45%. The business had revenue of $362.00 million for the quarter, compared to analyst estimates of $395.56 million. On average, analysts expect Pampa Energía to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Pampa Energía Stock Up 0.3 %

NYSE PAM traded up $0.12 during trading on Tuesday, hitting $44.96. 127,292 shares of the company traded hands, compared to its average volume of 257,079. The company has a current ratio of 2.56, a quick ratio of 2.16 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $2.45 billion, a P/E ratio of 8.20, a PEG ratio of 0.43 and a beta of 0.95. The business has a fifty day simple moving average of $42.84 and a 200 day simple moving average of $44.04. Pampa Energía has a 12 month low of $32.10 and a 12 month high of $52.17.

Wall Street Analyst Weigh In

Several research firms recently weighed in on PAM. Citigroup reduced their target price on Pampa Energía from $55.00 to $51.00 and set a “neutral” rating for the company in a report on Wednesday, April 17th. StockNews.com lowered shares of Pampa Energía from a “buy” rating to a “hold” rating in a research report on Monday, April 8th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $41.33.

About Pampa Energía

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.