The price-to-earnings ratio for Portland General Electric Co (NYSE: POR) is 13.72x, which is above its average ratio. Moreover, the 36-month beta value for POR is 0.60. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for POR is 104.92M and currently, short sellers hold a 3.53% of that float. On November 15, 2024, POR’s average trading volume was 907.33K shares.
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POR) stock’s latest price update
Portland General Electric Co (NYSE: POR) has experienced a decline in its stock price by -0.95 compared to its previous closing price of 46.33. However, the company has seen a fall of -1.29% in its stock price over the last five trading days. prnewswire.com reported 2024-11-13 that The Clearwater Wind Energy Center helped PGE generate more than one gigawatt of power from wind sources alone for the first time in company history PORTLAND, Ore., Nov. 13, 2024 /PRNewswire/ — In its first ten months serving PGE customers, the Clearwater Wind Energy Center contributed to new records for PGE wind generation, including helping the company produce one gigawatt of power from wind sources alone – a new milestone.
POR’s Market Performance
Portland General Electric Co (POR) has experienced a -1.29% fall in stock performance for the past week, with a -5.81% drop in the past month, and a -1.38% drop in the past quarter. The volatility ratio for the week is 1.98%, and the volatility levels for the past 30 days are at 1.75% for POR.. The simple moving average for the past 20 days is -3.32% for POR’s stock, with a 3.09% simple moving average for the past 200 days.
Analysts’ Opinion of POR
Many brokerage firms have already submitted their reports for POR stocks, with Evercore ISI repeating the rating for POR by listing it as a “Outperform.” The predicted price for POR in the upcoming period, according to Evercore ISI is $54 based on the research report published on September 25, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see POR reach a price target of $48. The rating they have provided for POR stocks is “Hold” according to the report published on September 20th, 2024.
Barclays gave a rating of “Equal Weight” to POR, setting the target price at $49 in the report published on September 18th of the current year.
POR Trading at -3.53% 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 -7.94% of loss for the given period.
Volatility was left at 1.75%, however, over the last 30 days, the volatility rate increased by 1.98%, as shares sank -4.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.23% lower at present.
During the last 5 trading sessions, POR fell by -1.29%, which changed the moving average for the period of 200-days by +12.12% in comparison to the 20-day moving average, which settled at $47.47. In addition, Portland General Electric Co saw 5.88% 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 Bekkedahl Larry Neal, who sale 2,000 shares at the price of $47.17 back on Nov 06 ’24. After this action, Bekkedahl Larry Neal now owns 26,765 shares of Portland General Electric Co, valued at $94,340 using the latest closing price.
Bekkedahl Larry Neal, the Officer of Portland General Electric Co, proposed sale 2,000 shares at $47.18 during a trade that took place back on Nov 06 ’24, which means that Bekkedahl Larry Neal is holding shares at $94,364 based on the most recent closing price.
Stock Fundamentals for POR
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.35 for the gross margin
The net margin for Portland General Electric Co stands at 0.11. The total capital return value is set at 0.04. Equity return is now at value 9.91, with 3.05 for asset returns.
Based on Portland General Electric Co (POR), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 1.22. The interest coverage ratio of the stock is 2.06.
Currently, EBITDA for the company is 904.0 million with net debt to EBITDA at 4.39. When we switch over and look at the enterprise to sales, we see a ratio of 2.96. The receivables turnover for the company is 7.02for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.98.
Conclusion
To wrap up, the performance of Portland General Electric Co (POR) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
