PPL Corp (PPL) concluded trading on Thursday at a closing price of $32.37, with 2.52 million shares of worth about $81.65 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.60% during that period and on October 17, 2024 the price saw a loss of about -0.77%. Currently the company’s common shares owned by public are about 737.13M shares, out of which, 736.14M shares are available for trading.
Stock saw a price change of 2.86% in past 5 days and over the past one month there was a price change of 0.68%. Year-to-date (YTD), PPL shares are showing a performance of 19.45% which increased to 33.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $23.36 but also hit the highest price of $33.38 during that period. The average intraday trading volume for PPL Corp shares is 4.89 million. The stock is currently trading -0.28% below its 20-day simple moving average (SMA20), while that difference is up 1.12% for SMA50 and it goes to 12.75% higher than SMA200.
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PPL Corp (NYSE: PPL) currently have 737.13M outstanding shares and institutions hold larger chunk of about 77.18% of that.
The stock has a current market capitalization of $23.88B and its 3Y-monthly beta is at 0.83. PE ratio of stock for trailing 12 months is 28.50, while it has posted earnings per share of $1.14 in the same period. Its PEG reads 4.13 and has Quick Ratio of 0.91 while making debt-to-equity ratio of 1.15. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PPL, volatility over the week remained 1.21% while standing at 1.34% over the month.
Stock’s fiscal year EPS is expected to rise by 7.03% while it is estimated to increase by 6.67% in next year. EPS is likely to grow at an annualized rate of 6.91% for next 5-years, compared to annual growth of -17.22% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on September 20, 2024 offering a Buy rating for the stock and assigned a target price of $38 to it. Coverage by Argus stated PPL Corp (PPL) stock as a Buy in their note to investors on March 08, 2024, suggesting a price target of $30 for the stock. On October 04, 2023, UBS Downgrade their recommendations, while on August 23, 2023, Barclays Initiated their ratings for the stock with a price target of $26. Stock get an Overweight rating from Morgan Stanley on December 15, 2022.
