PPL Corp (NYSE: PPL) is -1.48% lower on its value in year-to-date trading and has touched a low of $25.35 and a high of $35.15 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 PPL stock was last observed hovering at around $31.68 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $31.98, the stock is -0.63% and -3.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.25 million and changing 0.95% at the moment leaves the stock 4.56% off its SMA200. PPL registered 18.36% gain for a year compared to 6-month gain of 14.34%. The firm has a 50-day simple moving average (SMA 50) of $33.002 and a 200-day simple moving average (SMA200) of $30.5611.
The stock witnessed a -2.29% loss in the last 1 month and extending the period to 3 months gives it a 0.85%, and is 0.79% 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 1.60% over the week and 1.51% over the month.
PPL Corp (PPL) has around 6629 employees, a market worth around $23.60B and $8.28B in sales. Current P/E ratio is 28.76 and Fwd P/E is 17.53. Profit margin for the company is 9.93%. Distance from 52-week low is 26.15% and -9.01% from its 52-week high. The company has generated returns on investments over the last 12 months (2.69%).
with sales reaching $2.5B over the same period.The EPS is expected to grow by 6.75% this year, but quarterly earnings will post 1.17% year-over-year. Quarterly sales are estimated to grow 23.25% in year-over-year returns.
PPL Corp (PPL) Top Institutional Holders
1095.0 institutions hold shares in PPL Corp (PPL), with institutional investors hold 78.43% of the company’s shares. The shares outstanding are 737.78M, and float is at 737.36M with Short Float at 2.18%. Institutions hold 78.37% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 93.25 million shares valued at $2.58 billion. The investor’s holdings represent 12.6435% of the PPL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 58.69 million shares valued at $1.62 billion to account for 7.9582 of the shares outstanding. The other top investors are STATE STREET CORP which holds 34.74 million shares representing 4.7102% and valued at over $969.36 million, while WELLINGTON MANAGEMENT GROUP LLP holds 4.4798 of the shares totaling 33.04 million with a market value of $913.54 million.
PPL Corp (PPL) Insider Activity
The most recent transaction is an insider sale by Henninger Tadd J, the company’s SVP-Finance and Treasurer. SEC filings show that Henninger Tadd J sold 6,639 shares of the company’s common stock on Dec 17 ’24 at a price of $32.16 per share for a total of $0.21 million. Following the sale, the insider now owns 11210.0 shares.
Still, SEC filings show that on Nov 21 ’24, Crockett John R III (President of a PPL Subsidiary) disposed off 9,161 shares at an average price of $34.35 for $0.31 million. The insider now directly holds 12,434 shares of PPL Corp (PPL).
