Pampa Energia S.A. (PAM) – What Are Analysts Thinking About This Stock?

Shares of Pampa Energia S.A. (NYSE:PAM) have been assigned a consensus rating of “Hold” from the five analysts that are covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $105.00.

A number of research analysts have weighed in on PAM shares. JPMorgan Chase & Co. lifted their price target on shares of Pampa Energia from $101.50 to $105.00 and gave the company a “neutral” rating in a research report on Tuesday, September 1st. Zacks Research downgraded Pampa Energia from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Wall Street Zen lowered Pampa Energia from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 27th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Pampa Energia in a report on Wednesday, September 9th.

Insider Transactions at Pampa Energia

In other Pampa Energia news, insider Damian Mindlin bought 1,432,197 shares of the company’s stock in a transaction dated Monday, September 28th. The shares were acquired at an average cost of $3.89 per share, with a total value of $5,571,246.33. Following the completion of the transaction, the insider owned 13,959,067 shares in the company, valued at $54,300,770.63. The trade was a 11.43% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Gustavo Mariani acquired 25,000 shares of the company’s stock in a transaction on Friday, September 25th. The shares were acquired at an average price of $78.26 per share, for a total transaction of $1,956,500.00. Following the completion of the acquisition, the insider directly owned 1,616,184 shares in the company, valued at $126,482,559.84. The trade was a 1.57% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders have bought 3,407,122 shares of company stock valued at $14,100,465. Corporate insiders own 55.52% of the company’s stock.

Institutional Trading of Pampa Energia

Hedge funds have recently made changes to their positions in the stock. ABS Direct Equity Fund LLC increased its position in Pampa Energia by 5.0% in the second quarter. ABS Direct Equity Fund LLC now owns 77,660 shares of the utilities provider’s stock worth $6,378,000 after buying an additional 3,699 shares during the period. WINTON GROUP Ltd acquired a new position in shares of Pampa Energia during the second quarter valued at $608,000. Engineers Gate Manager LP boosted its holdings in shares of Pampa Energia by 189.7% during the second quarter. Engineers Gate Manager LP now owns 15,855 shares of the utilities provider’s stock valued at $1,302,000 after acquiring an additional 10,382 shares during the period. Wealth High Governance Asset Management Ltda. grew its position in shares of Pampa Energia by 24.5% during the first quarter. Wealth High Governance Asset Management Ltda. now owns 24,714 shares of the utilities provider’s stock worth $2,187,000 after acquiring an additional 4,866 shares during the last quarter. Finally, Guardian Partners Inc. acquired a new stake in shares of Pampa Energia in the 1st quarter worth about $620,000. Institutional investors and hedge funds own 12.77% of the company’s stock.

Pampa Energia Stock Down 0.6%

PAM opened at $80.20 on Friday. The stock has a market capitalization of $4.31 billion, a price-to-earnings ratio of 7.62, a price-to-earnings-growth ratio of 0.26 and a beta of 0.93. Pampa Energia has a 12 month low of $58.50 and a 12 month high of $94.50. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.64 and a quick ratio of 3.23. The business has a 50-day moving average of $81.62 and a two-hundred day moving average of $83.04.

Pampa Energia (NYSE:PAM) last announced its quarterly earnings results on Tuesday, June 30th. The utilities provider reported $2.50 earnings per share for the quarter. Pampa Energia had a net margin of 23.58% and a return on equity of 15.33%. The company had revenue of $746.00 million for the quarter. On average, research analysts expect that Pampa Energia will post 10.94 earnings per share for the current year.

Pampa Energia Company Profile

Pampa Energía SA is an Argentine integrated energy company with operations spanning electricity generation and oil and gas exploration and production. The company is one of Argentina’s leading private-sector power producers, supplying electricity through a portfolio that includes thermal, hydroelectric and renewable generation facilities.

In its upstream business, Pampa explores for and produces crude oil and natural gas in several of Argentina’s principal hydrocarbon basins, including the Vaca Muerta shale formation in Neuquén Province.