PPL Corporation (NYSE:PPL) saw an upside of 1.18% to close Monday at $28.29 after adding $0.33 on the day. The 5-day average trading volume is 5,821,420 shares of the company’s common stock. It has gained $28.66 in the past week. An average of 5,250,095 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,813,670.
PPL’s 1-month performance is -7.00% or -$1.80 on its low of $27.84 reached on 10/01/21. The company’s shares have touched a 52-week low of $26.15 and high of $30.81, with the stock’s rally to the 52-week high happening on 09/08/21. YTD, PPL has achieved 0.32% or $0.09. However, the current price is down -8.16%% from the 52-week high price.
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On Feb 22, 225 days have gone by since the last insider trading activity for PPL Corporation (PPL). Raphael Joanne H (EVP, GC & Corp Sec) most recently sold 19,188 shares at $27.48 per share on Feb 22. This transaction cost the insider $527,360. President of a PPL Subsidiary, Dudkin Gregory N, sold 19,789 shares at a price of $27.78 on Feb 19. Then, on Jan 26, EVP, GC & Corp Sec Raphael Joanne H sold 4,589 shares at a price of $28.12 per share. This transaction amounted to $129,043.
The company’s PE ratio for the last five years has touched a high of 19.68 and a low of 7.844. PPL stock has a beta of 0.77. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.29 while the price-to-book (PB) in the most recent quarter is 1.46.
PPL Corporation pays an annual dividend of $1.66 per share. Its dividend yield is 5.87%. PPL’s most recent quarterly dividend payment was made on Oct. 1, when it paid $0.4150 a share compared with prior rate of $0.4150, down 0.0% from last year’s. The company has boosted its dividend for the last 22 consecutive years with the latest dividend increase of $0.0025 reported on Tuesday February 18 2020. Measured over the last 3 years, the Dividend has been growing by 5.06% yearly.
It is projected that PPL Corporation’s next ex-dividend date will be on 9-Dec. PPL is expected to distribute $0.415 as its next dividend.
PPL Corporation’s quick ratio for the period ended June 29 was 2.10, with the current ratio over the same period at 2.20 meaning that PPL stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.74, while the total debt to equity was 0.89. In terms of profitability, the gross margin trailing 12 months is 90.00%The trailing 12-month EBITDA margin is 55.20% while for the period ending June 29; PPL Corporation’s operating margin was 31.50%. The firm’s gross profit as reported stood at $2.8 billion against revenue of $7.61 billion.
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected PPL to announce $0.24 per share in earnings in its latest quarter, but it posted $0.19, representing a -20.80% surprise. EBITDA for the quarter stood at more than $568.0 million. PPL stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 21.81 billion, with total debt at $13.38 billion. Shareholders hold equity totaling $769.61 million
Let’s look briefly at PPL Corporation (PPL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 04 October was 41.50% to suggest the stock is trending Neutral, with historical volatility in this time period at 16.27%.
The stock’s 5-day moving average is $28.16, reflecting a -0.25% or -$0.07 change from its current price. PPL is currently trading -5.98% above its 20-day SMA, -1.08% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +0.11% and +3.55% respectively.
Stochastic %K and %D was 10.42% and 9.03% and the average true range (ATR) pointed at 0.45. The RSI (14) points at 41.62%, while the 14-day stochastic is at 24.32% with the period’s ATR at 0.45. The stock’s 9-day MACD Oscillator is pointing at -0.25 and -0.45 on the 14-day charts.
In the most recent analyst report for PPL Corporation (NYSE: PPL), Wells Fargo upgraded it to an Overweight rating. They previously had an Equal weight rating on the stock. Analysts offering their rating for PPL stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate PPL as a “sell,”, while 9 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 3 have offered a “buy” rating.
What is PPL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $30.00 and a high of $34.00, with their median price target at $31.50. Looking at these predictions, the average price target given by analysts is for PPL Corporation (PPL) stock is $31.80.