Pampa Energía (PAM) Set to Announce Earnings on Wednesday

Pampa Energía (NYSE:PAM - Get Free Report) will post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Pampa Energía to post earnings of $1.49 per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

Pampa Energía (NYSE:PAM - Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The utilities provider reported $1.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.44. Pampa Energía had a return on equity of 12.59% and a net margin of 20.96%. The company had revenue of $500.00 million for the quarter, compared to analyst estimates of $479.17 million. On average, analysts expect Pampa Energía to post $9 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Pampa Energía Price Performance

Shares of PAM stock traded up $0.34 on Wednesday, hitting $66.74. 143,877 shares of the company's stock were exchanged, compared to its average volume of 259,384. Pampa Energía has a 12 month low of $32.91 and a 12 month high of $69.59. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.33 and a quick ratio of 2.01. The company has a 50 day moving average of $60.14 and a 200 day moving average of $51.12. The stock has a market cap of $3.64 billion, a P/E ratio of 10.16 and a beta of 0.89.

Analyst Ratings Changes

A number of research analysts have recently commented on PAM shares. Citigroup upgraded Pampa Energía from a "neutral" rating to a "buy" rating and increased their price target for the company from $51.00 to $58.00 in a research note on Wednesday, July 3rd. Bank of America lifted their price target on Pampa Energía from $62.00 to $72.00 and gave the company a "buy" rating in a research note on Wednesday, September 11th. JPMorgan Chase & Co. upped their price objective on Pampa Energía from $55.00 to $59.00 and gave the company a "neutral" rating in a research note on Wednesday. Finally, StockNews.com downgraded shares of Pampa Energía from a "buy" rating to a "hold" rating in a research report on Monday. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $58.75.

Pampa Energía Company Profile

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.