The stock of PG&E Corp (PCG) has seen a 2.14% increase in the past week, with a 3.75% gain in the past month, and a 13.30% flourish in the past quarter. The volatility ratio for the week is 1.93%, and the volatility levels for the past 30 days are at 1.87% for PCG. The simple moving average for the last 20 days is 2.48% for PCG stock, with a simple moving average of 15.67% for the last 200 days.
Is It Worth Investing in PG&E Corp (NYSE: PCG) Right Now?
The price-to-earnings ratio for PG&E Corp (NYSE: PCG) is 16.38x, which is above its average ratio. Moreover, the 36-month beta value for PCG is 1.01. Analysts have varying opinions on the stock, with 9 analysts rating it as a “buy,” 4 as “overweight,” 6 as “hold,” and 0 as “sell.”
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The public float for PCG is 2.12B and currently, short sellers hold a 1.61% of that float. On November 18, 2024, PCG’s average trading volume was 12.95M shares.
PCG) stock’s latest price update
The stock of PG&E Corp (NYSE: PCG) has increased by 0.24 when compared to last closing price of 20.99. Despite this, the company has experienced a 2.14% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-15 that Customers in 27 Counties Now Benefit from Newly Installed Underground Powerlines that Improve Reliability and Eliminate Nearly All Wildfire Risk in a Given Location OAKLAND, Calif., Nov. 15, 2024 /PRNewswire/ — Pacific Gas and Electric Company (PG&E) announced today that it has constructed and energized more than 800 miles of underground powerlines since launching its wildfire safety undergrounding effort in 2021.
Analysts’ Opinion of PCG
Many brokerage firms have already submitted their reports for PCG stocks, with Jefferies repeating the rating for PCG by listing it as a “Buy.” The predicted price for PCG in the upcoming period, according to Jefferies is $24 based on the research report published on October 14, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see PCG reach a price target of $24. The rating they have provided for PCG stocks is “Buy” according to the report published on September 12th, 2024.
JP Morgan gave a rating of “Overweight” to PCG, setting the target price at $22 in the report published on June 10th of the current year.
PCG Trading at 4.55% 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 -2.19% of loss for the given period.
Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 1.93%, as shares surge +3.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.78% upper at present.
During the last 5 trading sessions, PCG rose by +2.14%, which changed the moving average for the period of 200-days by +22.90% in comparison to the 20-day moving average, which settled at $20.53. In addition, PG&E Corp saw 16.69% 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:
- 0.18 for the present operating margin
- 0.29 for the gross margin
The net margin for PG&E Corp stands at 0.11. The total capital return value is set at -0.34. Equity return is now at value 10.83, with 2.16 for asset returns.
Based on PG&E Corp (PCG), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 1.97. The interest coverage ratio of the stock is 1.41.
Currently, EBITDA for the company is 7.29 billion with net debt to EBITDA at 5.64. When we switch over and look at the enterprise to sales, we see a ratio of 3.94. The receivables turnover for the company is 1.96for trailing twelve months and the total asset turnover is 7.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.
Conclusion
To wrap up, the performance of PG&E Corp (PCG) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
