PG&E Corp. (PCG) shares projected to rise by 5.84%

PG&E Corp. [PCG] stock is trading at $16.44, up 2.56%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PCG shares have lost -1.67% over the last week, with a monthly amount glided 2.37%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

PG&E Corp. [NYSE: PCG] stock has seen the most recent analyst activity on April 10, 2024, when Goldman initiated its Buy rating and assigned the stock a price target of $21. On August 23, 2023, Barclays initiated with a Overweight rating and assigned a price target of $19 on the stock. UBS upgraded its rating to a Buy and increased its price target to $21 on August 07, 2023. Ladenburg Thalmann initiated its recommendation with a Buy and recommended $20.50 as its price target on April 03, 2023. UBS downgraded its rating to Neutral for this stock on January 03, 2023, but kept the price target unchanged to $17. In a note dated April 26, 2022, Credit Suisse initiated an Outperform rating and provided a target price of $17 on this stock.

PG&E Corp. [PCG] stock has fluctuated 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 $16.44 at the most recent close of the market. An investor can expect a potential return of 5.84% based on the average PCG price forecast.

Analyzing the PCG fundamentals

PG&E Corp. [NYSE:PCG] reported sales of 24.43B for the trailing twelve months, which represents a growth 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 16.24 points at the first support level, and at 16.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.58, and for the 2nd resistance point, it is at 16.72.

Ratios To Look Out For

For context, PG&E Corp.’s Current Ratio is 0.83. In addition, the Quick Ratio stands at 0.78 and the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 1.44, the price to book ratio is 1.40 and price to earnings (TTM) ratio is 15.66.

Transactions by insiders

Recent insider trading involved Campbell Cheryl F., Director, that happened on Sep 12 ’23 when 10000.0 shares were sold.

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