Pampa Energía S.A. (NYSE:PAM) Given Consensus Recommendation of “Hold” by Analysts

Shares of Pampa Energía S.A. (NYSE:PAM) have been assigned an average rating of “Hold” from the five ratings firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $41.33.

A number of equities research analysts have recently issued reports on PAM shares. StockNews.com downgraded shares of Pampa Energía from a “buy” rating to a “hold” rating in a research report on Monday, April 8th. Citigroup cut their price objective on Pampa Energía from $55.00 to $51.00 and set a “neutral” rating for the company in a research report on Wednesday.

Institutional Trading of Pampa Energía

Several hedge funds and other institutional investors have recently bought and sold shares of PAM. GAMMA Investing LLC purchased a new position in shares of Pampa Energía during the 4th quarter worth $41,000. SPX Gestao de Recursos Ltda purchased a new position in Pampa Energía during the fourth quarter worth about $44,000. Tower Research Capital LLC TRC lifted its position in Pampa Energía by 295.3% during the second quarter. Tower Research Capital LLC TRC now owns 1,186 shares of the utilities provider’s stock worth $51,000 after buying an additional 886 shares during the period. UBS Group AG lifted its position in Pampa Energía by 106.0% during the third quarter. UBS Group AG now owns 3,757 shares of the utilities provider’s stock worth $85,000 after buying an additional 1,933 shares during the period. Finally, Barclays PLC purchased a new position in Pampa Energía during the second quarter worth about $87,000. 12.77% of the stock is owned by hedge funds and other institutional investors.

Pampa Energía Stock Performance

Shares of NYSE PAM traded down $0.05 during midday trading on Wednesday, reaching $42.02. 223,565 shares of the company were exchanged, compared to its average volume of 257,777. The company has a current ratio of 2.56, a quick ratio of 2.16 and a debt-to-equity ratio of 0.51. Pampa Energía has a 1 year low of $32.10 and a 1 year high of $52.17. The stock has a fifty day simple moving average of $42.76 and a 200 day simple moving average of $43.68. The stock has a market cap of $2.29 billion, a P/E ratio of 7.65, a PEG ratio of 0.41 and a beta of 0.95.

Pampa Energía (NYSE:PAM) last announced its quarterly earnings data on Wednesday, March 6th. The utilities provider reported ($2.90) EPS for the quarter, missing analysts’ consensus estimates of ($1.44) by ($1.46). The firm had revenue of $362.00 million during the quarter, compared to analyst estimates of $395.56 million. Pampa Energía had a net margin of 17.45% and a return on equity of 10.84%. On average, research analysts forecast that Pampa Energía will post 7.02 earnings per share for the current fiscal year.

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.