Trading Day Triumph: PG&E Corp. (PCG) Ends at 17.25, a 1.00 Surge/Plunge

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PG&E Corp. (NYSE: PCG) closed the day trading at $17.25 up 1.00% from the previous closing price of $17.08. In other words, the price has increased by $1.00 from its previous closing price. On the day, 7.98 million shares were traded. PCG stock price reached its highest trading level at $17.34 during the session, while it also had its lowest trading level at $17.08.

Ratios:

For a better understanding of PCG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 2.28 whereas as Long-Term Debt/Eq ratio is at 2.12.

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, JP Morgan on June 10, 2024, Upgraded its rating to Overweight and sets its target price to $22 from $19 previously.

On April 10, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $21.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 30 ’24 when Poppe Patricia K sold 59,000 shares for $17.08 per share. The transaction valued at 1,007,720 led to the insider holds 1,515,777 shares of the business.

Campbell Cheryl F. sold 10,000 shares of PCG for $169,000 on Sep 12 ’23. The Director now owns 54,153 shares after completing the transaction at $16.90 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 45028577280 and an Enterprise Value of 94963867648. As of this moment, PG&E’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.33, and their Forward P/E ratio for the next fiscal year is 11.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 3.944 whereas that against EBITDA is 12.253.

Stock Price History:

Over the past 52 weeks, PCG has reached a high of $18.95, while it has fallen to a 52-week low of $14.71. The 50-Day Moving Average of the stock is -3.53%, while the 200-Day Moving Average is calculated to be 1.00%.

Shares Statistics:

Over the past 3-months, PCG traded about 12.86M shares per day on average, while over the past 10 days, PCG traded about 16048840 shares per day. A total of 2.13B shares are outstanding, with a floating share count of 2.01B. Insiders hold about 5.90% of the company’s shares, while institutions hold 91.96% stake in the company. Shares short for PCG as of 1718323200 were 36576125 with a Short Ratio of 2.84, compared to 1715731200 on 31492213. Therefore, it implies a Short% of Shares Outstanding of 36576125 and a Short% of Float of 1.5599999999999998.

Dividends & Splits

PCG’s forward annual dividend rate is 0.03, up from 0.02 a year ago. Against a Trailing Annual Dividend Yield of 0.0011709601The stock’s 5-year Average Dividend Yield is 3.32.

Earnings Estimates

Its stock is currently analyzed by 8.0 different market analysts. On average, analysts expect EPS of $0.3 for the current quarter, with a high estimate of $0.34 and a low estimate of $0.21, while EPS last year was $0.23. The consensus estimate for the next quarter is $0.3, with high estimates of $0.36 and low estimates of $0.23.

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 $1.48, with 13.0 analysts recommending between $1.52 and $1.46.

Revenue Estimates

4 analysts predict $5.88B in revenue for the current quarter. It ranges from a high estimate of $6.08B to a low estimate of $5.48B. As of the current estimate, PG&E Corp.’s year-ago sales were $5.29BFor the next quarter, 4 analysts are estimating revenue of $6.45B. There is a high estimate of $6.67B for the next quarter, whereas the lowest estimate is $6.06B.

A total of 12 analysts have provided revenue estimates for PCG’s current fiscal year. The highest revenue estimate was $27.63B, while the lowest revenue estimate was $23.07B, resulting in an average revenue estimate of $24.97B. In the same quarter a year ago, actual revenue was $24.43BBased on 12 analysts’ estimates, the company’s revenue will be $25.83B in the next fiscal year. The high estimate is $28.22B and the low estimate is $23.91B.

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