JP Morgan has recently resumed PG&E Corp (PCG) stock to Overweight rating, as announced on February 12, 2025, according to Finviz. Earlier, on January 13, 2025, BMO Capital Markets had initiated the stock to Outperform, setting a price target of $21. Jefferies also initiated Buy rating with a price target of $24. Additionally, BofA Securities resumed Buy rating on September 12, 2024, with a target price of $24. JP Morgan analysts, in their report published on June 10, 2024, also raised Overweight rating and set a price target of $19 for PG&E Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
PG&E Corp (PCG) Stock Trading Recap
On Thursday, PG&E Corp (PCG) stock saw a decline, ending the day at $15.85 which represents a decrease of $-0.18 or -1.12% from the prior close of $16.03. The stock opened at $16.05 and touched a low of $15.71 during the day, reaching a high of $16.21. The volume of shares traded was 23.31 million exceeding the average volume of 22.88 million.
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PCG Stock Performance and Moving Averages
In recent trading, PG&E Corp (PCG) stock price has shown some volatility, fluctuating 1.60% over the last five trades and -2.28% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -13.48%, and it has plunged by -24.85% in the previous three months. Currently, PCG is trading at -0.99%, -12.62%, and -15.70% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, PCG, a Utilities sector stock, is trading -27.03% below its 52-week high but remains 5.74% above its 52-week low. The Average True Range (ATR) (14 days) of 0.53 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
PG&E Corp’s Profitability and Valuation Ratios
PG&E Corp’s profitability metrics reveal financial health. The company currently boasts an operating margin of 20.68% and a profit margin of 11.06%, with a gross margin of -13.48%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, PG&E Corp’s market capitalization stands at $34.77 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 12.34, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 9.74. Additionally, the Price-to-Sales Ratio is 1.4, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 1.26, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.66% of PG&E Corp (PCG)’s shares, while financial institutions hold 93.36%.
Notable insider trades include Poppe Patricia K, Chief Executive Officer at PG&E Corp (PCG), who sold 55555 shares on Dec 02 ’24, at $20.66 each, totaling $1.15 million. On Aug 15 ’24, Williams Stephanie N, VP and Controller, sold 38601 shares for $18.32 each, amounting to $0.71 million. Additionally, on Apr 30 ’24, Poppe Patricia K sold 59000 shares at $17.08 each, generating $1.01 million.
