PPL Corp [PPL] stock is trading at $33.49, up 0.75%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PPL shares have gain 2.89% over the last week, with a monthly amount glided 3.56%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
PPL Corp [NYSE: PPL] stock has seen the most recent analyst activity on October 25, 2024, when JP Morgan initiated its Overweight rating and assigned the stock a price target of $37. Previously, Jefferies started tracking the stock with Buy rating on September 20, 2024, and set its price target to $38. On March 08, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $30 on the stock. UBS downgraded its rating to a Neutral and decreased its price target to $25 on October 04, 2023. Barclays initiated its recommendation with a Equal Weight and recommended $26 as its price target on August 23, 2023. Morgan Stanley upgraded its rating to Overweight for this stock on December 15, 2022, but kept the price target unchanged to $32. In a note dated October 06, 2022, Seaport Research Partners upgraded an Buy rating on this stock but restated the target price of $28.50.
PPL Corp [PPL] stock has fluctuated between $24.93 and $33.58 over the past year. Currently, Wall Street analysts expect the stock to reach $32.04 within the next 12 months. PPL Corp [NYSE: PPL] shares were valued at $33.49 at the most recent close of the market. An investor can expect a potential drop of -4.33% based on the average PPL price forecast.
Analyzing the PPL fundamentals
PPL Corp [NYSE:PPL] reported sales of 8.28B for the trailing twelve months, which represents a growth of 1.13%. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.18.
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 33.26 points at the first support level, and at 33.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.66, and for the 2nd resistance point, it is at 33.83.
Ratios To Look Out For
For context, PPL Corp’s Current Ratio is 1.29. Also, the Quick Ratio is 1.07, while the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 2.98, the price to book ratio is 1.75 and price to earnings (TTM) ratio is 30.12.
Transactions by insiders
Recent insider trading involved Henninger Tadd J, SVP-Finance and Treasurer, that happened on Aug 29 ’24 when 4782.0 shares were sold. Officer, Henninger Tadd J completed a deal on Aug 29 ’24 to buy 4782.0 shares. Meanwhile, SVP-Finance and Treasurer Henninger Tadd J sold 13330.0 shares on Nov 16 ’23.
