As of close of business last night, PPL Corp’s stock clocked out at $26.14, down -0.87% from its previous closing price of $26.37. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 7430244 shares were traded. PPL stock price reached its highest trading level at $26.33 during the session, while it also had its lowest trading level at $25.87.
Ratios:
To gain a deeper understanding of PPL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 1.13 whereas as Long-Term Debt/Eq ratio is at 1.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on October 04, 2023, Downgraded its rating to Neutral and sets its target price to $25 from $29 previously.
On August 23, 2023, Barclays started tracking the stock assigning a Equal Weight rating and target price of $26.
Morgan Stanley Upgraded its Equal-Weight to Overweight on December 15, 2022, while the target price for the stock was maintained at $32.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 16 when Henninger Tadd J sold 13,330 shares for $25.99 per share. The transaction valued at 346,447 led to the insider holds 4,784 shares of the business.
Crockett John R III sold 5,500 shares of PPL for $154,000 on Apr 05. The President of a PPL Subsidiary now owns 9,161 shares after completing the transaction at $28.00 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, PPL now has a Market Capitalization of 19.28B and an Enterprise Value of 34.55B. As of this moment, PPL’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.11, and their Forward P/E ratio for the next fiscal year is 14.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.32 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 4.16 whereas that against EBITDA is 11.81.
Stock Price History:
Over the past 52 weeks, PPL has reached a high of $29.03, while it has fallen to a 52-week low of $22.20. The 50-Day Moving Average of the stock is 26.52, while the 200-Day Moving Average is calculated to be 25.96.
Shares Statistics:
It appears that PPL traded 5.75M shares on average per day over the past three months and 5.5M shares per day over the past ten days. A total of 737.13M shares are outstanding, with a floating share count of 735.67M. Insiders hold about 0.26% of the company’s shares, while institutions hold 77.47% stake in the company. Shares short for PPL as of Feb 15, 2024 were 16.25M with a Short Ratio of 2.82, compared to 17.92M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.20% and a Short% of Float of 2.52%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.96, PPL has a forward annual dividend rate of 0.96. Against a Trailing Annual Dividend Yield of 3.64%, it implies a Forward Annual Dividend Yield of 3.94%. The stock’s 5-year Average Dividend Yield is 4.96. The current Payout Ratio is 95.89% for PPL, which recently paid a dividend on Apr 01, 2024 with an ex-dividend date of Mar 07, 2024. Stock splits for the company last occurred on Jun 02, 2015 when the company split stock in a 10000:9314 ratio.
Earnings Estimates
As of right now, 5 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.49 for the current quarter, with a high estimate of $0.51 and a low estimate of $0.47, while EPS last year was $0.48. The consensus estimate for the next quarter is $0.32, with high estimates of $0.38 and low estimates of $0.28.
Analysts are recommending an EPS of between $1.73 and $1.69 for the fiscal current year, implying an average EPS of $1.7. EPS for the following year is $1.82, with 7 analysts recommending between $1.84 and $1.81.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $2.13B. It ranges from a high estimate of $2.39B to a low estimate of $1.87B. As of the current estimate, PPL Corp’s year-ago sales were $1.99B, an estimated increase of 6.90% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $1.74B, an increase of 37.30% over than the figure of $6.90% in the same quarter last year. There is a high estimate of $2.04B for the next quarter, whereas the lowest estimate is $1.44B.
A total of 6 analysts have provided revenue estimates for PPL’s current fiscal year. The highest revenue estimate was $9.14B, while the lowest revenue estimate was $6.46B, resulting in an average revenue estimate of $8.42B. In the same quarter a year ago, actual revenue was $8.31B, up 1.30% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $8.65B in the next fiscal year. The high estimate is $9.41B and the low estimate is $6.59B. The average revenue growth estimate for next year is up 2.70% from the average revenue estimate for this year.
