The Pampa Energia S.A. (PAM) shares are trading at higher $10.94 and the avg recommendation for the stock is Hold. The current analyst price target stands at $15.42.
To add more color to this target, the company’s high over the last year is $36.41 and the low is $8.72. Over the last 52 weeks, PAM is down -69.95% while the S&P 500 is up 1.07%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, PAM reported a profit of $171.0 million. Pampa Energia S.A. also saw revenues increase to $607.0 million. In addition, PAM has free cash flow of $91.0 million as of 03-2020 The company’s EBITDA came in at $91.0 million which compares well with its peers.
PAM booked profit margins of 21.30%, its Return on Equity (ROE) is 35.80%, and its Return on Assets is 11.40%. All told, it is clear that, PAM needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. PAM has a short ratio of 2.09 and outstanding shares of 68.24M.
PAM has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.54 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at 6.50. Pampa Energia S.A. PAM also noted assets of $5.52 billion at the end of the last quarter. Investors should also keep an eye on sector updates as PAM has historically followed its peers on positive news.
All told, Pampa Energia S.A. PAM has strung together solid data and demonstrated underlying fundamentals. At its current valuation, PAM represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Pampa Energia S.A. PAM is now commanding a market cap of 1.06B and a float of 56.82M. PAM is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of PAM stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in PAM, either long or short, and we have not been compensated for this article.