On Tuesday, Portland General Electric Co (NYSE: POR) opened higher 1.25% from the last session ,before settling in for the closing price of $41.66. Price fluctuations for POR have ranged from $38.01 to $51.58 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Utilities sector has jumped its sales by 7.11% annually for the last half of the decade. Company’s average yearly earnings per share was noted 28.91% at the time writing. With a float of $100.66 million, this company’s outstanding shares have now reached $101.16 million.
In an organization with 2842 employees, it is important to assess its efficiency.
Portland General Electric Co (POR) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of Portland General Electric Co is 0.56%, while institutional ownership is 102.53%. The most recent insider transaction that took place on Feb 15 ’24, was worth 81,607. In this transaction Sr. Vice President of this company sold 2,027 shares at a rate of $40.26, taking the stock ownership to the 28,765 shares. Before that another transaction happened on Feb 14 ’24, when Company’s Vice President sold 440 for $40.03, making the entire transaction worth $17,613. This insider now owns 9,269 shares in total.
Portland General Electric Co (POR) Latest Financial update
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.72 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.88) by -$0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.59 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.50% during the next five years compared to -0.38% drop over the previous five years of trading.
Portland General Electric Co (NYSE: POR) Trading Performance Indicators
Check out the current performance indicators for Portland General Electric Co (POR). In the past quarter, the stock posted a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.34, a number that is poised to hit 0.99 in the next quarter and is forecasted to reach 3.24 in one year’s time.
Technical Analysis of Portland General Electric Co (POR)
Let’s dig in a bit further. During the last 5-days, its volume was 0.82 million. That was inferior than the volume of 0.96 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 75.56%. Additionally, its Average True Range was 0.72.
During the past 100 days, Portland General Electric Co’s (POR) raw stochastic average was set at 48.49%, which indicates a significant decrease from 97.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.19% in the past 14 days, which was lower than the 21.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.94, while its 200-day Moving Average is $42.77. However, in the short run, Portland General Electric Co’s stock first resistance to watch stands at $42.37. Second resistance stands at $42.57. The third major resistance level sits at $42.92. If the price goes on to break the first support level at $41.83, it is likely to go to the next support level at $41.48. The third support level lies at $41.28 if the price breaches the second support level.
Portland General Electric Co (NYSE: POR) Key Stats
There are currently 101,162K shares outstanding in the company with a market cap of 4.27 billion. Presently, the company’s annual sales total 2,923 M according to its annual income of 228,000 K. Last quarter, the company’s sales amounted to 725,000 K and its income totaled 68,000 K.
