The price of PG&E Corp. (NYSE: PCG) closed at $16.60 in the last session, down -0.54% from day before closing price of $16.69. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 10432427 shares were traded.
Ratios:
We take a closer look at PCG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 2.32 whereas as Long-Term Debt/Eq ratio is at 2.13.
On August 23, 2023, Barclays started tracking the stock assigning a Overweight rating and target price of $19.
UBS Upgraded its Neutral to Buy on August 07, 2023, whereas the target price for the stock was revised from $19 to $21.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 12 when Campbell Cheryl F. sold 10,000 shares for $16.90 per share. The transaction valued at 169,000 led to the insider holds 54,153 shares of the business.
Burke Carolyn Jeanne bought 156 shares of PCG for $2,480 on Mar 30. The EVP Finance now owns 25,072 shares after completing the transaction at $15.90 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PCG now has a Market Capitalization of 43.35B and an Enterprise Value of 100.45B. As of this moment, PG&E’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.92, and their Forward P/E ratio for the next fiscal year is 11.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.56 while its Price-to-Book (P/B) ratio in mrq is 1.47. Its current Enterprise Value per Revenue stands at 4.11 whereas that against EBITDA is 13.78.
Stock Price History:
Over the past 52 weeks, PCG has reached a high of $18.32, while it has fallen to a 52-week low of $14.71. The 50-Day Moving Average of the stock is 17.05, while the 200-Day Moving Average is calculated to be 16.98.
Shares Statistics:
According to the various share statistics, PCG traded on average about 19.18M shares per day over the past 3-months and 17.29M shares per day over the past 10 days. A total of 2.13B shares are outstanding, with a floating share count of 2.01B. Insiders hold about 5.87% of the company’s shares, while institutions hold 93.88% stake in the company. Shares short for PCG as of Feb 15, 2024 were 29.94M with a Short Ratio of 1.56, compared to 36.83M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.15% and a Short% of Float of 1.37%.
Dividends & Splits
The forward annual dividend rate for PCG is 0.01, which was 0.01 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.06%, it implies a Forward Annual Dividend Yield of 0.12%. The stock’s 5-year Average Dividend Yield is 3.32. The current Payout Ratio is 0.00% for PCG, which recently paid a dividend on Apr 15, 2024 with an ex-dividend date of Mar 27, 2024. Stock splits for the company last occurred on Jul 18, 1983 when the company split stock in a 2:1 ratio.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.34 for the current quarter, with a high estimate of $0.35 and a low estimate of $0.32, while EPS last year was $0.29. The consensus estimate for the next quarter is $0.3, with high estimates of $0.34 and low estimates of $0.25.
Analysts are recommending an EPS of between $1.39 and $1.34 for the fiscal current year, implying an average EPS of $1.36. EPS for the following year is $1.47, with 9 analysts recommending between $1.49 and $1.43.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $6.49B. It ranges from a high estimate of $6.79B to a low estimate of $6.19B. As of the current estimate, PG&E Corp.’s year-ago sales were $6.21B, an estimated increase of 4.60% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $6.05B, an increase of 14.40% over than the figure of $4.60% in the same quarter last year. There is a high estimate of $6.08B for the next quarter, whereas the lowest estimate is $6.02B.
A total of 7 analysts have provided revenue estimates for PCG’s current fiscal year. The highest revenue estimate was $27.31B, while the lowest revenue estimate was $23.34B, resulting in an average revenue estimate of $24.99B. In the same quarter a year ago, actual revenue was $24.43B, up 2.30% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $25.86B in the next fiscal year. The high estimate is $27.84B and the low estimate is $24.68B. The average revenue growth estimate for next year is up 3.50% from the average revenue estimate for this year.
