PG&E Corporation (NYSE: PCG) is -2.01% lower on its value in year-to-date trading and has touched a low of $6.25 and a high of $18.34 in the current 52-week trading range. The PCG stock was last observed hovering at around $12.46 in the last trading session, with the day’s loss setting it -0.25% off its average median price target of $14.00 for the next 12 months. It is also 23.69% off the consensus price target high of $16.00 offered by 15 analysts, but current levels are -16.29% lower than the price target low of $10.50 for the same period.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .
Currently trading at $12.21, the stock is -0.57% and 5.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.12 million and changing -2.01% at the moment leaves the stock 17.24% off its SMA200. PCG registered 15.52% gain for a year compared to 6-month gain of 33.44%. The firm has a 50-day simple moving average (SMA 50) of $12.35 and a 200-day simple moving average (SMA200) of $10.25.
The stock witnessed a -2.55% loss in the last 1 month and extending the period to 3 months gives it a 23.33%, and is -1.45% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.80% over the week and 2.70% over the month.
PG&E Corporation (PCG) has around 23000 employees, a market worth around $24.00B and $18.46B in sales. Fwd P/E is 10.02. Profit margin for the company is -27.80%. Distance from 52-week low is 95.36% and -33.42% from its 52-week high. The company has generated returns on investments over the last 12 months (-23.70%).
PG&E Corporation (PCG) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for PG&E Corporation (PCG) is a “Overweight”. 15 analysts offering their recommendations for the stock have an average rating of 2.10, where 7 rate it as a Hold and 0 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
PG&E Corporation is expected to release its quarterly report on 05/05/2021 and quarterly earnings per share for the current quarter are estimated at $0.23 with sales reaching $4.78B over the same period.The EPS is expected to shrink by -9.20% this year, but quarterly earnings will post 8.70% year-over-year. Quarterly sales are estimated to grow 0.70% in year-over-year returns.
PG&E Corporation (PCG) Top Institutional Holders
512 institutions hold shares in PG&E Corporation (PCG), with 479.59M shares held by insiders accounting for 24.17% while institutional investors hold 93.95% of the company’s shares. The shares outstanding are 1.97B, and float is at 1.47B with Short Float at 4.60%. Institutions hold 71.25% of the Float.
The top institutional shareholder in the company is FMR, LLC with over 139.59 million shares valued at $1.31 billion. The investor’s holdings represent 7.03% of the PCG Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 122.24 million shares valued at $1.15 billion to account for 6.16% of the shares outstanding. The other top investors are Third Point, LLC which holds 84.94 million shares representing 4.28% and valued at over $797.54 million, while Appaloosa LP holds 4.07% of the shares totaling 80.78 million with a market value of $758.48 million.
PG&E Corporation (PCG): Who are the competitors?
The company’s main competitors (and peers) include Xcel Energy Inc. (XEL) that is trading 4.75% up over the past 12 months. Hawaiian Electric Industries Inc. (HE) is -24.48% down on the 1-year trading charts. Short interest in the company’s stock has risen 0.21% from the last report on Nov 12, 2020 to stand at a total of 67.7 million short shares sold with a short interest ratio of 3.47.