PPL Corporation [PPL] stock is down -0.95 while the S&P 500 has fallen -1.17% on Wednesday, 11/18/20. While at the time of this article, PPL ATR is sitting at 0.83, with the beta value at 0.78. This stock’s volatility for the past week remained at 2.73%, while it was 2.83% for the past 30-day period. PPL has fallen -$0.28 from the previous closing price of $29.53 on volume of 3.94 million shares.

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Analyst Birdseye View:

The most recent analyst activity for PPL Corporation [NYSE:PPL] stock was on August 11, 2020, when it was Upgrade with a Neutral rating from Seaport Global Securities. On June 09, 2020, Seaport Global Securities Downgrade a Sell rating and boosted its price target on this stock to $26.50. On May 29, 2020, Mizuho Upgrade a Buy rating and increased its price target to $30. On May 20, 2020, Seaport Global Securities Initiated a Neutral rating. On May 11, 2020, Barclays Downgrade an Equal weight rating. On January 08, 2020, Guggenheim Upgrade a Buy rating. Macquarie elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $18.12 and a peak of $36.83. Right now, the middling Wall Street analyst 12-month amount mark is $31.00. At the most recent market close, shares of PPL Corporation [NYSE:PPL] were valued at $29.25. According to the average price forecast, investors can expect a potential return of 0.45%.

FUNDAMENTAL ANALYSIS

PPL Corporation [NYSE:PPL] most recently reported quarterly sales of 1.89 billion, which represented growth of -2.50%. This publicly-traded organization’s revenue is $632,655 per employee, while its income is $142,101 per employee. This company’s Gross Margin is currently 91.40%, its Operating Margin is 36.60%, its Pretax Margin is +27.74, and its Net Margin is +22.46. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 3.92, 14.16, 8.13 and 5.33 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 64.05 and the whole liability to whole assets at 50.67. It shows enduring liability to the whole principal at 57.55 and enduring liability to assets at 0.46 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 28.95 points at 1st support level, the second support level is making up to 28.65. But as of 1st resistance point, this stock is sitting at 29.83 and at 30.42 for 2nd resistance point.

PPL Corporation [PPL] reported its earnings at $0.58 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.61/share signifying the difference of -0.03 and -4.90% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.55 calling estimates for $0.54/share with the difference of 0.01 depicting the surprise of 1.90%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for PPL Corporation [NYSE:PPL] is 0.50. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.20. Now if looking for a valuation of this stock’s amount to sales ratio it’s 3.40, it’s amount to book ratio is 2.12 and showing 14.51 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Dudkin Gregory N, President of a PPL Subsidiary, and it was the sale of 10872.0 shares on Feb 18. SPENCE WILLIAM H, the Chairman and CEO, completed a sale of 0.39 million shares on Dec 04.