Portland General Electric Co (POR) Shares on the Decline: Short-term Analysis

A share price of Portland General Electric Co [POR] is currently trading at $46.88, down -0.06%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The POR shares have gain 1.19% over the last week, with a monthly amount drifted -3.44%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Portland General Electric Co [NYSE: POR] stock has seen the most recent analyst activity on September 25, 2024, when Evercore ISI initiated its Outperform rating and assigned the stock a price target of $54. Previously, Jefferies started tracking the stock with Hold rating on September 20, 2024, and set its price target to $48. On September 18, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $49 on the stock. KeyBanc Capital Markets upgraded its rating to a Overweight. BofA Securities downgraded its rating to Neutral for this stock on February 05, 2024, and downed its price target to $43. In a note dated January 29, 2024, UBS upgraded an Buy rating on this stock and revised its target price from $47 to $45.

Portland General Electric Co experienced fluctuations in its stock price throughout the past year between $39.13 and $49.85. Currently, Wall Street analysts expect the stock to reach $50.33 within the next 12 months. Portland General Electric Co [NYSE: POR] shares were valued at $46.88 at the most recent close of the market. An investor can expect a potential return of 7.36% based on the average POR price forecast.

Analyzing the POR fundamentals

Trailing Twelve Months sales for Portland General Electric Co [NYSE:POR] were 3.08B which represents 16.29% growth. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 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 1.22.

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 46.60 points at the first support level, and at 46.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.10, and for the 2nd resistance point, it is at 47.31.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Portland General Electric Co [NYSE:POR] is 0.98. Also, the Quick Ratio is 0.86, while the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 1.61, the price to book ratio is 1.36 and price to earnings (TTM) ratio is 14.02.

Transactions by insiders

Recent insider trading involved Bekkedahl Larry Neal, Sr. Vice President, that happened on Nov 06 ’24 when 2000.0 shares were sold. Officer, Bekkedahl Larry Neal completed a deal on Nov 06 ’24 to buy 2000.0 shares. Meanwhile, EVP, COO Felton Benjamin bought 11.0 shares on Sep 11 ’24.

Related Posts