A new trading day began on Monday, with PPL Corp (NYSE: PPL) stock price down -0.75% from the previous day of trading, before settling in for the closing price of $26.63. PPL’s price has ranged from $22.20 to $29.03 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 3.55%. Meanwhile, its annual earnings per share averaged 6.44%. With a float of $735.67 million, this company’s outstanding shares have now reached $737.13 million.
Considering the fact that the conglomerate employs 6629 people, you should pay attention to its efficiency factor.
PPL Corp (PPL) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Electric Industry. The insider ownership of PPL Corp is 0.26%, while institutional ownership is 77.49%. The most recent insider transaction that took place on Nov 16 ’23, was worth 346,447. In this transaction SVP-Finance and Treasurer of this company sold 13,330 shares at a rate of $25.99, taking the stock ownership to the 4,784 shares.
PPL Corp (PPL) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 63.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.50% during the next five years compared to -17.22% drop over the previous five years of trading.
PPL Corp (NYSE: PPL) Trading Performance Indicators
Here are PPL Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.00, a number that is poised to hit 0.50 in the next quarter and is forecasted to reach 1.82 in one year’s time.
Technical Analysis of PPL Corp (PPL)
Compared to the last year’s volume of 5.04 million, its volume of 3.97 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 9.44%. Additionally, its Average True Range was 0.43.
During the past 100 days, PPL Corp’s (PPL) raw stochastic average was set at 40.75%, which indicates a significant increase from 11.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.64% in the past 14 days, which was higher than the 16.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.70, while its 200-day Moving Average is $26.01. Nevertheless, the first resistance level for the watch stands at $26.78 in the near term. At $27.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.38. If the price goes on to break the first support level at $26.17, it is likely to go to the next support level at $25.92. Now, if the price goes above the second support level, the third support stands at $25.57.
PPL Corp (NYSE: PPL) Key Stats
With a market capitalization of 19.49 billion, the company has a total of 737,603K Shares Outstanding. Currently, annual sales are 8,312 M while annual income is 740,000 K. The company’s previous quarter sales were 2,031 M while its latest quarter income was 113,000 K.
