In the past week, POR stock has gone up by 1.93%, with a monthly gain of 8.92% and a quarterly surge of 11.89%. The volatility ratio for the week is 1.52%, and the volatility levels for the last 30 days are 1.99% for Portland General Electric Co The simple moving average for the last 20 days is 3.63% for POR stock, with a simple moving average of 4.77% for the last 200 days.
Is It Worth Investing in Portland General Electric Co (NYSE: POR) Right Now?
Portland General Electric Co (NYSE: POR) has a price-to-earnings ratio that is above its average at 16.98x. The stock has a 36-month beta value of 0.60. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for POR is 102.47M, and at present, short sellers hold a 4.95% of that float. On May 09, 2024, the average trading volume of POR was 979.03K shares.
POR) stock’s latest price update
Portland General Electric Co (NYSE: POR)’s stock price has plunge by 0.59relation to previous closing price of 44.06. Nevertheless, the company has seen a 1.93% surge in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-28 that In practically any market environment, utility stocks make sense. As I’ve said countless times before, bad things happen when people flip the switch and light fails to emerge.
Analysts’ Opinion of POR
Many brokerage firms have already submitted their reports for POR stocks, with BofA Securities repeating the rating for POR by listing it as a “Neutral.” The predicted price for POR in the upcoming period, according to BofA Securities is $43 based on the research report published on February 05, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see POR reach a price target of $45, previously predicting the price at $47. The rating they have provided for POR stocks is “Buy” according to the report published on January 29th, 2024.
Barclays gave a rating of “Overweight” to POR, setting the target price at $47 in the report published on December 11th of the previous year.
POR Trading at 6.03% from the 50-Day Moving Average
After a stumble in the market that brought POR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.76% of loss for the given period.
Volatility was left at 1.99%, however, over the last 30 days, the volatility rate increased by 1.52%, as shares surge +8.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.18% upper at present.
During the last 5 trading sessions, POR rose by +1.98%, which changed the moving average for the period of 200-days by -9.21% in comparison to the 20-day moving average, which settled at $42.95. In addition, Portland General Electric Co saw 2.26% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at POR starting from Espinosa Maria Angelica, who sale 2,000 shares at the price of $44.30 back on May 07 ’24. After this action, Espinosa Maria Angelica now owns 16,763 shares of Portland General Electric Co, valued at $88,602 using the latest closing price.
Felton Benjamin, the EVP, COO of Portland General Electric Co, sale 3,500 shares at $40.60 during a trade that took place back on Apr 16 ’24, which means that Felton Benjamin is holding 31,950 shares at $142,100 based on the most recent closing price.
Stock Fundamentals for POR
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.53 for the gross margin
The net margin for Portland General Electric Co stands at 0.08. The total capital return value is set at 0.04. Equity return is now at value 8.00, with 2.42 for asset returns.
Based on Portland General Electric Co (POR), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 1.25. The interest coverage ratio of the stock is 2.34.
Currently, EBITDA for the company is 921.0 million with net debt to EBITDA at 5.01. When we switch over and look at the enterprise to sales, we see a ratio of 3.05. The receivables turnover for the company is 7.06for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.
Conclusion
To sum up, Portland General Electric Co (POR) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
