The PPL Corporation (NYSE:PPL) is going down by -0.03% in today’s trading session, a fall equivalent to -0.01% of the stock’s price from yesterday’s market close. A news came out on 06/26/19 stating that PPL Electric Utilities wins eighth straight J.D. Power customer satisfaction award by WSJ. The lowest point that the shares touched during the trading session was $30.24, while the peak of the day was recorded at a share price of $30.88. PPL finished the previous session at $30.35 according to the data provided by Barchart, while the trading volume was observed to be $2,158,519.
In the 100 days of trading, PPL managed to top a 31.30% Moving average. Additionally, PPL Corporation shares have achieved a 52-week range between 27.31 and 32.88 alongside 100 days raw stochastic set at 21.07%.
The number of shares outstanding, according to the fundamentals of the company, is set at 725.93M, equal to the value of $22.03B in market capitalization. Financial analysts indicate that PPL shares should be still ranked as a “Hold”. In the last 30 days, PPL Corporation shares went down by -4.72%, adding 31.80 to growth in value, on top of a +0.20% boost since 06/11/19.
PPL Corporation (NYSE:PPL) Analyst’s Estimates
PPL Corporation (PPL) could record at least $0.55 per share in quarterly earnings in the upcoming report on 08/06/2019, a number that would actually represent an increase of 4.07% YOY.
According to the average analyst rating, PPL Corporation would be rated as 2.67. Out of 15 different analysts monitoring PPL stock, 3 analysts rate the stock as a BUY, 9 suggest to give the rating of HOLD, 1 indicate that PPL is an OUTPERFORM, 0 rated the stock as a SELL, and 2 analyst believes that the stock should be rated as UNDERPERFORM.
On Jun-03-19, the stock earned a Initiated rating due to a new analyst call from Mizuho, while analysts from RBC Capital Mkts believe that the stock is set at Sector Perform from Outperform, as concluded on Mar-08-19. Evercore ISI, is still rather wary about the stock, deciding to keep the rating at In-line as confirmed through a call on Feb-07-19.
Citigroup, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Aug-23-18, giving the stock a Neutral rating.
PPL Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +40.64% has been attained, while the operating margin has been recorded at +36.63%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 4.30%. Beta value of the stock is recorded at 0.58. Additionally, PPL Corporation is recording price volatility of 1.36% for the period of the last seven days and 1.52% in the last 30 days.
PPL Corporation (NYSE:PPL) Technical Outlook
For the period of the last 50 days, PPL Corporation had its Raw Stochastic average set at 31.51% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 3.85%. Stochastic %K for PPL Corporation, with the last 20 days included, was set at 11.09%, having Stochastic %D topping 24.68%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for PPL Corporation stocks with recording 8.05% in metrics.
PPL Corporation Insider Watch:
As far as the position of shares issued by PPL Corporation (NYSE:PPL) for the period concluded at the market close of 07/10/19, 438 institutional investors increased their positions in PPL shares by 29,664,529, 314 decreased positions by 35,726,846 and 125 institutional investors decided to hold positions at 466,750,758. These numbers put the complete list of institutional holdings set at 532,142,133 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 76 institutional investments with 2,997,909 new shares in addition to having 57 institutional investors selling their positions in 4,167,236 shares.