PPL Corp (NYSE: PPL) on Tuesday, plunged -0.66% from the previous trading day, before settling in for the closing price of $33.46. Within the past 52 weeks, PPL’s price has moved between $24.93 and $33.58.
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Annual sales at Utilities sector company grew by 3.55% over the past five years. The company achieved an average annual earnings per share of 6.85%. With a float of $735.85 million, this company’s outstanding shares have now reached $737.13 million.
Let’s look at the performance matrix of the company that is accounted for 6629 employees. In terms of profitability, gross margin is 42.59%, operating margin of 21.47%, and the pretax margin is 12.4%.
PPL Corp (PPL) Insider Updates
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of PPL Corp is 0.29%, while institutional ownership is 77.16%. The most recent insider transaction that took place on Aug 29 ’24, was worth 151,781. In this transaction SVP-Finance and Treasurer of this company sold 4,782 shares at a rate of $31.74, taking the stock ownership to the 11,209 shares. Before that another transaction happened on Aug 29 ’24, when Company’s Officer proposed sale 4,782 for $31.74, making the entire transaction worth $151,781.
PPL Corp (PPL) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 6.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.91% during the next five years compared to -17.22% drop over the previous five years of trading.
PPL Corp (NYSE: PPL) Trading Performance Indicators
PPL Corp (PPL) is currently performing well based on its current performance indicators. A quick ratio of 1.07 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 2.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.11, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.82 in one year’s time.
Technical Analysis of PPL Corp (PPL)
PPL Corp (NYSE: PPL) saw its 5-day average volume 5.68 million, a positive change from its year-to-date volume of 4.87 million. As of the previous 9 days, the stock’s Stochastic %D was 90.43%. Additionally, its Average True Range was 0.59.
During the past 100 days, PPL Corp’s (PPL) raw stochastic average was set at 94.64%, which indicates a significant increase from 83.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.10% in the past 14 days, which was higher than the 15.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.45, while its 200-day Moving Average is $29.24. Nevertheless, the first resistance level for the watch stands at $33.48 in the near term. At $33.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $33.86. If the price goes on to break the first support level at $33.10, it is likely to go to the next support level at $32.96. Assuming the price breaks the second support level, the third support level stands at $32.72.
PPL Corp (NYSE: PPL) Key Stats
Market capitalization of the company is 24.53 billion based on 737,970K outstanding shares. Right now, sales total 8,312 M and income totals 740,000 K. The company made 2,066 M in profit during its latest quarter, and 214,000 K in sales during its previous quarter.
