That’s why I Feel Comfortable With Portland General Electric Co’s (POR) Future

A share price of Portland General Electric Co [POR] is currently trading at $42.80, up 2.54%. 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 POR shares have gain 5.52% over the last week, with a monthly amount glided 3.73%, 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 experienced fluctuations in its stock price throughout the past year between $38.01 and $51.58. 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 $42.80 at the most recent close of the market. An investor can expect a potential return of 18.76% based on the average POR price forecast.

Analyzing the POR fundamentals

Trailing Twelve Months sales for Portland General Electric Co [NYSE:POR] were 2.74B which represents 5.81% growth. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.25.

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 42.11 points at the first support level, and at 41.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.17, and for the 2nd resistance point, it is at 43.55.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Portland General Electric Co [NYSE:POR] is 0.84. Further, the Quick Ratio stands at 0.74, while the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 1.58, the price to book ratio is 1.30 and price to earnings (TTM) ratio is 18.32.

Transactions by insiders

Recent insider trading involved Felton Benjamin, EVP, COO, that happened on Apr 16 ’24 when 3500.0 shares were sold. Sr. Vice President, Bekkedahl Larry Neal completed a deal on Feb 15 ’24 to sell 2027.0 shares. Meanwhile, Vice President Mersereau Anne Frances sold 440.0 shares on Feb 14 ’24.

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