Top investors say PG&E Corp. (PCG) ticks everything they need

With 16.42 million shares changed hands, the volume of the stock remained heavier than its average volume of 15.46 million shares. During the session, the Utilities – Regulated Electric company that operates in wider Utilities sector, reached to the highest price of $17.17 whereas the lowest price it dropped to was $16.5. The 52-week range on PCG shows that it touched its highest point at $18.32 and its lowest point at $14.71 during that stretch. It currently has a 1-year price target of $19.85. With its current market cap of 36.42 billion, PCG has annualized dividend of $0.02 while the current yield stands at 0.12%. Beta for the stock currently stands at 1.27.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PCG was up-trending over the past week, with a rise of 3.20%, but this was up by 4.85% over a month. Three-month performance surged to 1.85% while six-month performance rose 5.44%. The stock lost -1.16% in the past year, while it has lost -5.32% so far this year. A look at the trailing 12-month EPS for PCG yields 1.05 with Next year EPS estimates of 1.47. For the next quarter, that number is 0.29. This implies an EPS growth rate of 9.99% for this year and 8.76% for next year.

Float and Shares Shorts:

At present, 2.13 billion PCG shares are outstanding with a float of 2.01 billion shares on hand for trading. On 2024-04-15, short shares totaled 35.27 million, which was 135.0 higher than short shares on 1710460800. In addition to Ms. Patricia Kessler Poppe as the firm’s CEO & Director, Ms. Carolyn J. Burke serves as its CFO & Executive VP.

Institutional Ownership:

Through their ownership of 0.97773004 of PCG’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, PCG reported revenue of $7041000000.0 and operating income of $1593000000.0. The EBITDA in the recently reported quarter was $2702000000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PCG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.