PPL Corp (PPL) concluded trading on Thursday at a closing price of $34.09, with 2.76 million shares of worth about $94.21 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 18.78% during that period and on December 05, 2024 the price saw a gain of about 0.21%. Currently the company’s common shares owned by public are about 737.78M shares, out of which, 737.36M shares are available for trading.
Stock saw a price change of -2.60% in past 5 days and over the past one month there was a price change of 4.60%. Year-to-date (YTD), PPL shares are showing a performance of 25.79% which increased to 31.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $25.35 but also hit the highest price of $35.15 during that period. The average intraday trading volume for PPL Corp shares is 4.83 million. The stock is currently trading 0.24% above its 20-day simple moving average (SMA20), while that difference is up 3.08% for SMA50 and it goes to 14.04% higher than SMA200.
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PPL Corp (NYSE: PPL) currently have 737.78M outstanding shares and institutions hold larger chunk of about 78.37% of that.
The stock has a current market capitalization of $25.16B and its 3Y-monthly beta is at 0.84. PE ratio of stock for trailing 12 months is 30.66, while it has posted earnings per share of $1.11 in the same period. Its PEG reads 4.50 and has Quick Ratio of 1.07 while making debt-to-equity ratio of 1.17. 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 1.45% while standing at 1.54% over the month.
Stock’s fiscal year EPS is expected to rise by 6.74% while it is estimated to increase by 6.78% in next year. EPS is likely to grow at an annualized rate of 6.82% 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 JP Morgan on October 25, 2024 offering an Overweight rating for the stock and assigned a target price of $37 to it. Coverage by Jefferies stated PPL Corp (PPL) stock as a Buy in their note to investors on September 20, 2024, suggesting a price target of $38 for the stock. On March 08, 2024, Argus Upgrade their recommendations, while on October 04, 2023, UBS Downgrade their ratings for the stock with a price target of $25. Stock get an Equal weight rating from Barclays on August 23, 2023.
