In the past week, PCG stock has gone down by -1.18%, with a monthly decline of -4.92% and a quarterly surge of 14.01%. The volatility ratio for the week is 1.52%, and the volatility levels for the last 30 days are 1.76% for PG&E Corp. The simple moving average for the past 20 days is -1.08% for PCG’s stock, with a 10.43% simple moving average for the past 200 days.
Is It Worth Investing in PG&E Corp. (NYSE: PCG) Right Now?
PG&E Corp. (NYSE: PCG) has a higher price-to-earnings ratio of 16.62x compared to its average ratio, The 36-month beta value for PCG is at 1.04. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for PCG is 2.09B, and currently, shorts hold a 2.43% of that float. The average trading volume for PCG on October 04, 2024 was 13.51M shares.
PCG) stock’s latest price update
The stock price of PG&E Corp. (NYSE: PCG) has surged by 0.49 when compared to previous closing price of 19.49, but the company has seen a -1.18% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-10-03 that More Than 400 PG&E Coworkers Will Be Joining an Army of 50,000 Utility Workers in the Repair and Restoration Effort OAKLAND, Calif., Oct. 3, 2024 /PRNewswire/ — Pacific Gas and Electric Company (PG&E) will send an Incident Management Team and more than 400 electric workers and support personnel to Georgia to assist in the restoration of power to tens of thousands of customers left in the dark in the devastating wake of Hurricane Helene.
Analysts’ Opinion of PCG
Many brokerage firms have already submitted their reports for PCG stocks, with BofA Securities repeating the rating for PCG by listing it as a “Buy.” The predicted price for PCG in the upcoming period, according to BofA Securities is $24 based on the research report published on September 12, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see PCG reach a price target of $22, previously predicting the price at $19. The rating they have provided for PCG stocks is “Overweight” according to the report published on June 10th, 2024.
Goldman gave a rating of “Buy” to PCG, setting the target price at $21 in the report published on April 10th of the current year.
PCG Trading at 2.44% from the 50-Day Moving Average
After a stumble in the market that brought PCG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.13% of loss for the given period.
Volatility was left at 1.76%, however, over the last 30 days, the volatility rate increased by 1.52%, as shares sank -2.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.52% upper at present.
During the last 5 trading sessions, PCG fell by -1.34%, which changed the moving average for the period of 200-days by +12.90% in comparison to the 20-day moving average, which settled at $19.77. In addition, PG&E Corp. saw 8.63% 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 PCG starting from Williams Stephanie N, who sale 38,601 shares at the price of $18.32 back on Aug 15 ’24. After this action, Williams Stephanie N now owns 19,114 shares of PG&E Corp., valued at $707,170 using the latest closing price.
Williams Stephanie N, the Officer of PG&E Corp., proposed sale 38,601 shares at $18.32 during a trade that took place back on Aug 15 ’24, which means that Williams Stephanie N is holding shares at $707,148 based on the most recent closing price.
Stock Fundamentals for PCG
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.27 for the gross margin
The net margin for PG&E Corp. stands at 0.1. The total capital return value is set at 0.04. Equity return is now at value 10.13, with 2.01 for asset returns.
Based on PG&E Corp. (PCG), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 2.29. The interest coverage ratio of the stock is 1.26.
Currently, EBITDA for the company is 8.62 billion with net debt to EBITDA at 6.76. When we switch over and look at the enterprise to sales, we see a ratio of 4.07. The receivables turnover for the company is 2.04for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.90.
Conclusion
In conclusion, PG&E Corp. (PCG) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
