2.69% percent quarterly performance for Portland General Electric Co (POR) is not indicative of the underlying story

Portland General Electric Co (NYSE: POR) on Friday, soared 0.29% from the previous trading day, before settling in for the closing price of $48.26. Within the past 52 weeks, POR’s price has moved between $39.13 and $49.45.

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During the last 5-year period, the sales growth of Utilities Sector giant was 7.11%. The company achieved an average annual earnings per share of 29.39%. With a float of $102.54 million, this company’s outstanding shares have now reached $103.07 million.

Let’s determine the extent of company efficiency that accounts for 2842 employees. In terms of profitability, gross margin is 36.13%, operating margin of 11.47%, and the pretax margin is 10.89%.

Portland General Electric Co (POR) Insider Activity

Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of Portland General Electric Co is 0.51%, while institutional ownership is 104.40%. The most recent insider transaction that took place on Sep 11 ’24, was worth 522. In this transaction EVP, COO of this company bought 11 shares at a rate of $47.48, taking the stock ownership to the 30,153 shares. Before that another transaction happened on Sep 10 ’24, when Company’s SVP, Chief Legal & Compliance sold 2,500 for $48.30, making the entire transaction worth $120,761. This insider now owns 14,263 shares in total.

Portland General Electric Co (POR) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 29.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.00% 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

Portland General Electric Co (POR) is currently performing well based on its current performance indicators. A quick ratio of 0.86 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.68.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.91, a number that is poised to hit 0.69 in the next quarter and is forecasted to reach 3.23 in one year’s time.

Technical Analysis of Portland General Electric Co (POR)

Looking closely at Portland General Electric Co (NYSE: POR), its last 5-days average volume was 0.89 million, which is a drop from its year-to-date volume of 0.95 million. As of the previous 9 days, the stock’s Stochastic %D was 87.58%. Additionally, its Average True Range was 0.69.

During the past 100 days, Portland General Electric Co’s (POR) raw stochastic average was set at 86.17%, which indicates a significant increase from 85.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.01% in the past 14 days, which was lower than the 16.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $47.54, while its 200-day Moving Average is $43.97. However, in the short run, Portland General Electric Co’s stock first resistance to watch stands at $48.64. Second resistance stands at $48.88. The third major resistance level sits at $49.19. If the price goes on to break the first support level at $48.09, it is likely to go to the next support level at $47.78. Should the price break the second support level, the third support level stands at $47.54.

Portland General Electric Co (NYSE: POR) Key Stats

Market capitalization of the company is 4.99 billion based on 103,031K outstanding shares. Right now, sales total 2,923 M and income totals 228,000 K. The company made 758,000 K in profit during its latest quarter, and 72,000 K in sales during its previous quarter.