Home  »  Markets   »  PG&E Corporation (PCG) Is Down -7.70% in 2021...

PG&E Corporation (PCG) Is Down -7.70% in 2021 With Lots of Room to Run

PG&E Corporation (NYSE: PCG) is -7.70% lower on its value in year-to-date trading and has touched a low of $7.85 and a high of $13.34 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 $11.71 in the last trading session, with the day’s loss setting it -0.21% off its average median price target of $14.00 for the next 12 months. It is also 32.35% off the consensus price target high of $17.00 offered by 15 analysts, but current levels are 4.17% higher than the price target low of $12.00 for the same period.


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


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

Currently trading at $11.50, the stock is 0.61% and 0.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.22 million and changing -1.79% at the moment leaves the stock 7.73% off its SMA200. PCG registered 36.58% gain for a year compared to 6-month gain of 22.47%. The firm has a 50-day simple moving average (SMA 50) of $11.37 and a 200-day simple moving average (SMA200) of $11.32.

The stock witnessed a 6.98% loss in the last 1 month and extending the period to 3 months gives it a -6.81%, and is -3.28% 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 2.95% over the week and 3.33% over the month.

PG&E Corporation (PCG) has around 24000 employees, a market worth around $23.24B and $18.47B in sales. Fwd P/E is 8.37. Profit margin for the company is -7.10%. Distance from 52-week low is 46.50% and -13.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.90%).

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 6 rate it as a Hold and 0 think it is a “Overweight”. 9 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 07/29/2021 and quarterly earnings per share for the current quarter are estimated at $0.27 with sales reaching $4.83B over the same period.The EPS is expected to grow by 92.80% this year, but quarterly earnings will post 6.50% year-over-year. Quarterly sales are estimated to grow 12.20% in year-over-year returns.

PG&E Corporation (PCG) Top Institutional Holders

584 institutions hold shares in PG&E Corporation (PCG), with 483.27M shares held by insiders accounting for 24.35% while institutional investors hold 93.78% of the company’s shares. The shares outstanding are 1.99B, and float is at 1.47B with Short Float at 5.15%. Institutions hold 70.95% 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 Dec 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 134.89 million shares valued at $1.68 billion to account for 6.80% 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 $1.06 billion, while Blackrock Inc. holds 3.88% of the shares totaling 76.97 million with a market value of $959.08 million.

PG&E Corporation (PCG) Insider Activity

A total of 16 insider transactions have happened at PG&E Corporation (PCG) in the last six months, with sales accounting for 7 and purchases happening 9 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 15.00% up over the past 12 months and Avista Corporation (AVA) that is 20.11% higher over the same period. Hawaiian Electric Industries Inc. (HE) is 10.71% up on the 1-year trading charts. Short interest in the company’s stock has risen 19.38% from the last report on Feb 11, 2021 to stand at a total of 61.14 million short shares sold with a short interest ratio of 4.74.

Most Popular

Get The Best Stocks To Trade Every Day!

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

Related Posts

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

7 GROWTH STOCKS FOR 2021

Download Free eBook For

100% free. stop anytime no spam

GIFT

Download free eBook for 

7 GROWTH  STOCKS FOR 2021

WAIT 
WE HAVE GIFT FOR YOU