PG&E Corp. [PCG] stock prices are up 2.83% to $16.74 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PCG shares have gain 3.33% over the last week, with a monthly amount glided 0.90%, and seem to be holding up well over a long-time horizon.
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
On 27, March 2024, PG&E Corporation Schedules First Quarter 2024 Earnings Release and Conference Call. In a post published today on Yahoo Finance, PG&E Corporation (NYSE: PCG) will hold a conference call on Thursday, April 25, 2024, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss its first quarter 2024 results. The public can access the conference call through a simultaneous webcast. The link is provided below and will also be available from the PG&E Corporation website.
From an analyst’s perspective:
Previously, Barclays started tracking the stock with Overweight rating on August 23, 2023, and set its price target to $19. On August 07, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $21 on the stock. Ladenburg Thalmann started tracking the stock assigning a Buy rating and suggested a price target of $20.50 on April 03, 2023. UBS downgraded its rating to a Neutral but $17 remained the price target by the analyst firm on January 03, 2023. Credit Suisse started tracking with a Outperform rating for this stock on April 26, 2022, and assigned it a price target of $17. In a note dated August 16, 2021, RBC Capital Mkts upgraded an Outperform rating on this stock but restated the target price of $14.
The stock price of PG&E Corp. [PCG] has been fluctuating between $14.71 and $18.32 over the past year. Currently, Wall Street analysts expect the stock to reach $17.4 within the next 12 months. PG&E Corp. [NYSE: PCG] shares were valued at $16.74 at the most recent close of the market. An investor can expect a potential return of 3.94% based on the average PCG price forecast.
Analyzing the PCG fundamentals
The PG&E Corp. [NYSE:PCG] reported sales of 24.43B for trailing twelve months, representing a surge of 31.12%. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.31.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.46 points at the first support level, and at 16.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.88, and for the 2nd resistance point, it is at 17.03.
PG&E Corp. [PCG] reported earnings per share of $0.47 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.45/share, meaning a difference of $0.02 and a surprise factor of 4.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.24 per share as compared to estimates of $0.27 per share, a difference of -$0.03 representing a surprise of -11.10%.
Ratios To Look Out For
It’s worth pointing out that PG&E Corp. [NYSE:PCG]’s Current Ratio is 0.83. Further, the Quick Ratio stands at 0.78, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 1.46, the price to book ratio is 1.43 and price to earnings (TTM) ratio is 15.94.
Transactions by insiders
Recent insider trading involved Campbell Cheryl F., Director, that happened on Sep 12 ’23 when 10000.0 shares were sold. EVP Finance, Burke Carolyn Jeanne completed a deal on Mar 30 ’23 to buy 156.0 shares.
