Portland General Electric Co (POR) stock poised to deliver a potential return of 24.37%

Portland General Electric Co [POR] stock is trading at $40.87, up 0.76%. An important factor to consider is whether the stock is rising or falling in short-term value. The POR shares have lost -1.90% over the last week, with a monthly amount glided 0.29%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Portland General Electric Co [NYSE: POR] stock has seen the most recent analyst activity on February 05, 2024, when BofA Securities downgraded its rating to a Neutral and also revised its price target to $43 from $55. Previously, UBS upgraded its rating to Buy on January 29, 2024, and dropped its price target to $45. On December 11, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $47 on the stock. Ladenburg Thalmann started tracking the stock assigning a Buy rating and suggested a price target of $43 on November 09, 2023. Barclays initiated its recommendation with a Equal Weight and recommended $43 as its price target on August 23, 2023. UBS started tracking with a Neutral rating for this stock on August 22, 2023, and assigned it a price target of $46. In a note dated August 18, 2023, Guggenheim upgraded an Buy rating on this stock but restated the target price of $48.

Portland General Electric Co [POR] stock has fluctuated between $38.01 and $51.58 over the past year. Currently, Wall Street analysts expect the stock to reach $50.83 within the next 12 months. Portland General Electric Co [NYSE: POR] shares were valued at $40.87 at the most recent close of the market. An investor can expect a potential return of 24.37% based on the average POR price forecast.

Analyzing the POR fundamentals

Portland General Electric Co [NYSE:POR] reported sales of 2.74B for the trailing twelve months, which represents a growth of 5.81%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.07 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.25.

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 40.52 points at the first support level, and at 40.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.07, and for the 2nd resistance point, it is at 41.28.

Ratios To Look Out For

For context, Portland General Electric Co’s Current Ratio is 0.84. On the other hand, the Quick Ratio is 0.74, and the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 1.51, the price to book ratio is 1.25 and price to earnings (TTM) ratio is 17.50.

Transactions by insiders

Recent insider trading involved Bekkedahl Larry Neal, Sr. Vice President, that happened on Feb 15 ’24 when 2027.0 shares were sold. Vice President, Mersereau Anne Frances completed a deal on Feb 14 ’24 to sell 440.0 shares. Meanwhile, Vice President Mersereau Anne Frances sold 10891.0 shares on Aug 25 ’23.

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