It’s still a bull thesis, just subverted: Portland General Electric Co (POR)

At the time of writing, Portland General Electric Co [POR] stock is trading at $45.27, up 1.41%. An important factor to consider is whether the stock is rising or falling in short-term value. The POR shares have gain 1.37% over the last week, with a monthly amount glided 10.47%, 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.

For the past year, the stock price of Portland General Electric Co fluctuated between $38.01 and $50.66. 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 $45.27 at the most recent close of the market. An investor can expect a potential return of 12.28% based on the average POR price forecast.

Analyzing the POR fundamentals

According to Portland General Electric Co [NYSE:POR], the company’s sales were 2.87B for trailing twelve months, which represents an 17.79% jump. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.1%, 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 0.08 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.29.

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 44.79 points at the first support level, and at 44.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.55, and for the 2nd resistance point, it is at 45.83.

Ratios To Look Out For

It is important to note that Portland General Electric Co [NYSE:POR] has a current ratio of 1.22. On the other hand, the Quick Ratio is 1.09, and the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 1.63, the price to book ratio is 1.35 and price to earnings (TTM) ratio is 17.34.

Transactions by insiders

Recent insider trading involved POPE MARIA M, President and CEO, that happened on May 10 ’24 when 44593.0 shares were sold. SVP, Chief Legal & Compliance, Espinosa Maria Angelica completed a deal on May 07 ’24 to sell 2000.0 shares. Meanwhile, EVP, COO Felton Benjamin sold 3500.0 shares on Apr 16 ’24.

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