PPL Corp (PPL) Stock: A Guide to the Market Trend

The stock of PPL Corp (PPL) has seen a 1.54% increase in the past week, with a 11.16% gain in the past month, and a 11.07% flourish in the past quarter. The volatility ratio for the week is 1.01%, and the volatility levels for the past 30 days are at 1.47% for PPL. The simple moving average for the past 20 days is 5.14% for PPL’s stock, with a 13.30% simple moving average for the past 200 days.

Is It Worth Investing in PPL Corp (NYSE: PPL) Right Now?

The price-to-earnings ratio for PPL Corp (NYSE: PPL) is above average at 28.68x. The 36-month beta value for PPL is also noteworthy at 0.84. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 12 rating it as “hold,” and 0 rating it as “sell.”

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The public float for PPL is 736.03M, and at present, short sellers hold a 2.20% of that float. The average trading volume of PPL on May 20, 2024 was 4.80M shares.

PPL) stock’s latest price update

PPL Corp (NYSE: PPL)’s stock price has plunge by -0.07relation to previous closing price of 29.61. Nevertheless, the company has seen a 1.54% surge in its stock price over the last five trading sessions. prnewswire.com reported 2024-05-15 that ALLENTOWN, Pa., May 15, 2024 /PRNewswire/ — PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Wednesday, May 15, 2024, of $0.2575 per share, payable July 1, 2024, to shareowners of record as of June 10, 2024.

Analysts’ Opinion of PPL

Many brokerage firms have already submitted their reports for PPL stocks, with Argus repeating the rating for PPL by listing it as a “Buy.” The predicted price for PPL in the upcoming period, according to Argus is $30 based on the research report published on March 08, 2024 of the current year 2024.

UBS, on the other hand, stated in their research note that they expect to see PPL reach a price target of $25, previously predicting the price at $29. The rating they have provided for PPL stocks is “Neutral” according to the report published on October 04th, 2023.

Barclays gave a rating of “Equal Weight” to PPL, setting the target price at $26 in the report published on August 23rd of the previous year.

PPL Trading at 7.81% from the 50-Day Moving Average

After a stumble in the market that brought PPL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.34% of loss for the given period.

Volatility was left at 1.47%, however, over the last 30 days, the volatility rate increased by 1.01%, as shares surge +9.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.08% upper at present.

During the last 5 trading sessions, PPL rose by +1.54%, which changed the moving average for the period of 200-days by +8.27% in comparison to the 20-day moving average, which settled at $28.27. In addition, PPL Corp saw 9.19% 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 PPL starting from Henninger Tadd J, who sale 13,330 shares at the price of $25.99 back on Nov 16 ’23. After this action, Henninger Tadd J now owns 4,784 shares of PPL Corp, valued at $346,447 using the latest closing price.

Stock Fundamentals for PPL

Current profitability levels for the company are sitting at:

  • 0.21 for the present operating margin
  • 0.42 for the gross margin

The net margin for PPL Corp stands at 0.09. The total capital return value is set at 0.05. Equity return is now at value 5.43, with 1.96 for asset returns.

Based on PPL Corp (PPL), the company’s capital structure generated 0.53 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 1.14. The interest coverage ratio of the stock is 2.49.

Currently, EBITDA for the company is 1.63 billion with net debt to EBITDA at 5.77. When we switch over and look at the enterprise to sales, we see a ratio of 4.58. The receivables turnover for the company is 5.0for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.28.

Conclusion

In summary, PPL Corp (PPL) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.

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