What should you know before buying stock in PG&E Corp. (PCG)

PG&E Corp. (NYSE: PCG) is -8.76% lower on its value in year-to-date trading and has touched a low of $14.71 and a high of $18.32 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 $16.25 in the last trading session, with the day’s gains setting it 0.2%.

Currently trading at $16.45, the stock is -1.78% and -4.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.18 million and changing 1.23% at the moment leaves the stock -3.41% off its SMA200. PCG registered 6.40% gain for a year compared to 6-month gain of -5.57%. The firm has a 50-day simple moving average (SMA 50) of $4.27 and a 200-day simple moving average (SMA200) of $15.30.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

The stock witnessed a -6.37% loss in the last 1 month and extending the period to 3 months gives it a -0.24%, and is 0.49% up 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 1.45% over the week and 1.76% over the month.

PG&E Corp. (PCG) has around Dec 28 2023 employees, a market worth around $35.10B and $22.76B in sales. Current P/E ratio is 18.75 and Fwd P/E is 12.18. Profit margin for the company is 8.07%. Distance from 52-week low is 11.83% and -10.21% from its 52-week high. The company has generated returns on investments over the last 12 months (2.43%).

PG&E Corp. quarterly earnings per share for the current quarter are estimated at $0.45 with sales reaching $5.85B over the same period.The EPS is expected to grow by 10.50% this year, but quarterly earnings will post 9.30% year-over-year. Quarterly sales are estimated to grow 9.00% in year-over-year returns.

PG&E Corp. (PCG) Top Institutional Holders

885 institutions hold shares in PG&E Corp. (PCG), with institutional investors hold 98.75% of the company’s shares. The shares outstanding are 2.13B, and float is at 2.01B with Short Float at 1.69%. Institutions hold 95.50% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 246.68 million shares valued at $4.26 billion. The investor’s holdings represent 9.60% of the PCG Shares outstanding. As of Jun 29, 2023, the second largest holder is FMR, LLC with 171.99 million shares valued at $2.97 billion to account for 6.69% of the shares outstanding. The other top investors are Blackrock Inc. which holds 144.04 million shares representing 5.61% and valued at over $2.49 billion, while Capital Research Global Investors holds 5.06% of the shares totaling 129.92 million with a market value of $2.24 billion.

PG&E Corp. (PCG) Insider Activity

A total of 1 insider transactions have happened at PG&E Corp. (PCG) in the last six months, with sales accounting for 1 and purchases happening 0 times. The most recent transaction is an insider sale by Campbell Cheryl F.,the company’sDirector. SEC filings show that Campbell Cheryl F. sold 10,000 shares of the company’s common stock on Sep 12 at a price of $16.90 per share for a total of $0.17 million. Following the sale, the insider now owns 54153.0 shares.

PG&E Corp. disclosed in a document filed with the SEC on Mar 30 that Burke Carolyn Jeanne (EVP Finance) bought a total of 156 shares of the company’s common stock. The trade occurred on Mar 30 and was made at $15.90 per share for $2480.0. Following the transaction, the insider now directly holds 25072.0 shares of the PCG stock.

Still, SEC filings show that on Mar 03, Poppe Patricia K (Chief Executive Officer) disposed off 66,700 shares at an average price of $15.87 for $1.06 million. The insider now directly holds 1,269,325 shares of PG&E Corp. (PCG).

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

The company’s main competitors (and peers) include NextEra Energy Inc. (NEE) that is trading -23.90% down over the past 12 months. Southern Co. (SO) that is 1.76% higher over the same period.