PG&E Corp (PCG) stock poised to deliver a potential return of 22.56%

At the time of writing, PG&E Corp [PCG] stock is trading at $19.99, up 0.86%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PCG shares have gain 1.99% over the last week, with a monthly amount drifted -5.84%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

PG&E Corp [NYSE: PCG] stock has seen the most recent analyst activity on October 14, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $24. On June 10, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $22 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $21 on April 10, 2024. Barclays started tracking with a Overweight rating for this stock on August 23, 2023, and assigned it a price target of $19. In a note dated August 07, 2023, UBS upgraded an Buy rating on this stock and boosted its target price from $19 to $21.

For the past year, the stock price of PG&E Corp fluctuated between $15.94 and $21.72. Currently, Wall Street analysts expect the stock to reach $24.5 within the next 12 months. PG&E Corp [NYSE: PCG] shares were valued at $19.99 at the most recent close of the market. An investor can expect a potential return of 22.56% based on the average PCG price forecast.

Analyzing the PCG fundamentals

According to PG&E Corp [NYSE:PCG], the company’s sales were 24.83B for trailing twelve months, which represents an 0.90% jump. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.11 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.19.

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 19.72 points at the first support level, and at 19.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.13, and for the 2nd resistance point, it is at 20.28.

Ratios To Look Out For

It is important to note that PG&E Corp [NYSE:PCG] has a current ratio of 1.04. As well, the Quick Ratio is 0.99, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.80, the price to book ratio is 1.59 and price to earnings (TTM) ratio is 15.56.

Transactions by insiders

Recent insider trading involved FLEXON ROBERT C, Director, that happened on Dec 12 ’24 when 10000.0 shares were purchased. Chief Executive Officer, Poppe Patricia K completed a deal on Dec 02 ’24 to sell 55555.0 shares. Meanwhile, Officer Poppe Patricia K bought 55555.0 shares on Dec 02 ’24.

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