PG&E Corporation (PCG) Analysis & Opinions from Experts

PG&E Corporation (NYSE: PCG) is -6.58% lower on its value in year-to-date trading and has touched a low of $6.25 and a high of $17.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PCG stock was last observed hovering at around $11.76 in the last trading session, with the day’s loss setting it -0.12% off its average median price target of $14.00 for the next 12 months. It is also 31.53% off the consensus price target high of $17.00 offered by 16 analysts, but current levels are 10.46% higher than the price target low of $13.00 for the same period.

The 2021 Backdoor Crypto Portfolio (free)

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.


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Currently trading at $11.64, the stock is -0.41% and -3.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.6 million and changing -1.02% at the moment leaves the stock 8.62% off its SMA200. PCG registered -34.79% loss for a year compared to 6-month gain of 26.11%. The firm has a 50-day simple moving average (SMA 50) of $11.87 and a 200-day simple moving average (SMA200) of $10.88.

The stock witnessed a -4.90% loss in the last 1 month and extending the period to 3 months gives it a -0.68%, and is -3.00% 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 2.48% over the week and 3.16% over the month.

PG&E Corporation (PCG) has around 23000 employees, a market worth around $23.34B and $18.46B in sales. Fwd P/E is 9.53. Profit margin for the company is -27.80%. Distance from 52-week low is 86.24% and -35.15% 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”. 16 analysts offering their recommendations for the stock have an average rating of 2.20, where 6 rate it as a Hold and 0 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

PG&E Corporation is expected to release its quarterly report on 05/06/2021 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 4.24%. Institutions hold 71.25% of the Float.

The top institutional shareholder in the company is FMR, LLC with over 148.36 million shares valued at $1.85 billion. The investor’s holdings represent 7.48% 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) Insider Activity

A total of 2 insider transactions have happened at PG&E Corporation (PCG) in the last six months, with sales accounting for 2 and purchases happening 0 times.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

PG&E Corporation (PCG): Who are the competitors?

The company’s main competitors (and peers) include Xcel Energy Inc. (XEL) that is trading -12.17% down over the past 12 months. Hawaiian Electric Industries Inc. (HE) is -29.69% down on the 1-year trading charts. Short interest in the company’s stock has fallen -14.75% from the last report on Dec 30, 2020 to stand at a total of 71.73 million short shares sold with a short interest ratio of 4.94.

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free