PG&E Corp (NYSE: PCG) is -24.78% lower on its value in year-to-date trading and has touched a low of $15.12 and a high of $21.72 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 $15.16 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $15.18, the stock is -9.58% and -19.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 23.64 million and changing 0.13% at the moment leaves the stock -19.45% off its SMA200. PCG registered -11.33% loss for a year compared to 6-month gain of -17.54%. The firm has a 50-day simple moving average (SMA 50) of $19.0498 and a 200-day simple moving average (SMA200) of $18.85075.
The stock witnessed a -24.14% loss in the last 1 month and extending the period to 3 months gives it a -24.93%, and is -4.89% 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 2.55% over the week and 3.64% over the month.
PG&E Corp (PCG) has around 28010 employees, a market worth around $33.30B and $24.83B in sales. Current P/E ratio is 11.82 and Fwd P/E is 10.18. Profit margin for the company is 11.06%. Distance from 52-week low is 0.40% and -30.11% from its 52-week high. The company has generated returns on investments over the last 12 months (3.35%).
with sales reaching $7.11B over the same period.The EPS is expected to grow by 10.93% this year, but quarterly earnings will post 0.59% year-over-year. Quarterly sales are estimated to grow 0.95% in year-over-year returns.
PG&E Corp (PCG) Top Institutional Holders
999.0 institutions hold shares in PG&E Corp (PCG), with institutional investors hold 78.81% of the company’s shares. The shares outstanding are 2.19B, and float is at 2.18B with Short Float at 1.74%. Institutions hold 76.70% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 283.64 million shares valued at $4.95 billion. The investor’s holdings represent 13.2917% of the PCG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 176.4 million shares valued at $3.08 billion to account for 8.2662 of the shares outstanding. The other top investors are FMR LLC which holds 168.24 million shares representing 7.8836% and valued at over $2.94 billion, while JPMORGAN CHASE & CO holds 6.0822 of the shares totaling 129.79 million with a market value of $2.27 billion.
PG&E Corp (PCG) Insider Activity
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PG&E Corp disclosed in a document filed with the SEC on Dec 02 ’24 that Poppe Patricia K (Chief Executive Officer) sold a total of 55,555 shares of the company’s common stock. The trade occurred on Dec 02 ’24 and was made at $20.66 per share for $1.15 million. Following the transaction, the insider now directly holds 1.46 million shares of the PCG stock.
Still, SEC filings show that on Dec 02 ’24, Poppe Patricia K (Officer) Proposed Sale 55,555 shares at an average price of $20.66 for $1.15 million. The insider now directly holds shares of PG&E Corp (PCG).
