Key Points
- CFO Adolfo Fernando Zuberbuhler bought 3,136 shares at an average $66.11 each, a transaction worth about $207,000.
- Pampa Energia shares fell 5.4% and opened at $64.82, close to the stock’s 52-week low of $64.69.
- Analyst sentiment is cautious: the consensus rating is Hold from one Buy and three Hold ratings, with a $98.50 consensus price target; JPMorgan cut its target to $100.
Pampa Energia S.A. (NYSE:PAM - Get Free Report) CFO Adolfo Fernando Zuberbuhler bought 3,136 shares of the stock in a transaction dated Wednesday, November 4th. The shares were acquired at an average price of $66.11 per share, with a total value of $207,320.96. Following the completion of the purchase, the chief financial officer directly owned 2,885 shares of the company's stock, valued at approximately $190,727.35. This represents a -1,249.40% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Pampa Energia Stock Down 5.4%
Shares of NYSE PAM opened at $64.82 on Thursday. Pampa Energia S.A. has a 1 year low of $64.69 and a 1 year high of $94.50. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of 5.47, a PEG ratio of 0.23 and a beta of 0.96. The company has a debt-to-equity ratio of 0.65, a quick ratio of 3.23 and a current ratio of 2.79. The stock's 50-day simple moving average is $79.90 and its 200-day simple moving average is $82.31.
Pampa Energia (NYSE:PAM - Get Free Report) last released its quarterly earnings results on Tuesday, June 30th. The utilities provider reported $2.50 EPS for the quarter. The business had revenue of $746.00 million for the quarter. Pampa Energia had a return on equity of 17.37% and a net margin of 25.84%. As a group, equities analysts anticipate that Pampa Energia S.A. will post 10.81 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Pampa Energia
Institutional investors have recently modified their holdings of the stock. Engineers Gate Manager LP lifted its position 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 worth $1,302,000 after purchasing an additional 10,382 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Pampa Energia in the first quarter worth about $1,569,000. SPX Gestao de Recursos Ltda bought a new stake in Pampa Energia in the first quarter valued at about $14,482,000. Hsbc Holdings PLC increased its holdings in Pampa Energia by 77.6% in the fourth quarter. Hsbc Holdings PLC now owns 46,788 shares of the utilities provider's stock valued at $4,058,000 after buying an additional 20,438 shares during the last quarter. Finally, WINTON GROUP Ltd bought a new stake in Pampa Energia in the second quarter valued at about $608,000. Institutional investors and hedge funds own 12.77% of the company's stock.
Analyst Ratings Changes
PAM has been the topic of several analyst reports. Weiss Ratings restated a "hold (c)" rating on shares of Pampa Energia in a report on Wednesday, September 9th. JPMorgan Chase & Co. reduced their target price on Pampa Energia from $105.00 to $100.00 and set a "neutral" rating for the company in a research note on Monday. Wall Street Zen downgraded shares of Pampa Energia from a "strong-buy" rating to a "buy" rating in a research report on Sunday, September 27th. Finally, Zacks Research downgraded shares of Pampa Energia from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 27th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $98.50.
View Our Latest Research Report on PAM
Key Headlines Impacting Pampa Energia
Here are the key news stories impacting Pampa Energia this week:
- Positive Sentiment: The CFO bought 3,136 shares for about $207,000, an insider purchase that may signal confidence in the company. SEC filing
- Positive Sentiment: Third-quarter profit climbed nearly sixfold, while revenue also increased year over year. Pampa also outlined a plan to ramp Rincón de Aranda production to 40,000 barrels per day by the end of 2027 and 45,000 in the first quarter of 2028, supporting longer-term growth prospects. Quarterly profit report Production ramp plans
- Neutral Sentiment: Q3 revenue was reported at about $790 million, below FactSet’s $806.6 million estimate. The shortfall tempers the otherwise strong earnings growth. Revenue estimate comparison
- Negative Sentiment: An analyst downgrade and a pessimistic JPMorgan price outlook added pressure, with coverage reporting that the shares reached a new 12-month low. JPMorgan outlook Analyst downgrade and 12-month low
About Pampa Energia
(
Get Free Report)
Pampa Energía SA is an integrated Argentine energy company engaged in electricity generation, oil and natural gas exploration and production, and related energy infrastructure. Its power-generation portfolio includes thermal, hydroelectric and renewable facilities that supply electricity to Argentina's wholesale power market.
The company's upstream operations are focused primarily on Argentina, including conventional and unconventional resources in the Neuquén Basin and the Vaca Muerta formation.
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