Currently, there are 2.19B common shares owned by the public and among those 2.18B shares have been available to trade.
The company’s stock has a 5-day price change of -0.93% and -17.06% over the past three months. PCG shares are trading -15.71% year to date (YTD), with the 12-month market performance up to 0.29% higher. It has a 12-month low price of $15.94 and touched a high of $21.72 over the same period. PCG has an average intraday trading volume of 18.14 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -10.30%, -14.91%, and -9.88% respectively.
Institutional ownership of PG&E Corp (NYSE: PCG) shares accounts for 91.21% of the company’s 2.19B shares outstanding.
It has a market capitalization of $37.31B and a beta (3y monthly) value of 1.01. The stock’s trailing 12-month PE ratio is 13.24, while the earnings-per-share (ttm) stands at $1.28. The company has a PEG of 1.44 and a Quick Ratio of 0.99 with the debt-to-equity ratio at 2.24. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.45% over the week and 3.00% over the month.
Earnings per share for the fiscal year are expected to increase by 10.89%, and 9.23% over the next financial year.
Looking at the support for the PCG, a number of firms have released research notes about the stock. BMO Capital Markets stated their Outperform rating for the stock in a research note on January 13, 2025, with the firm’s price target at $21. Jefferies coverage for the PG&E Corp (PCG) stock in a research note released on October 14, 2024 offered a Buy rating with a price target of $24. BofA Securities was of a view on September 12, 2024 that the stock is Buy, while JP Morgan gave the stock Overweight rating on June 10, 2024, issuing a price target of $19- $22. Goldman on their part issued Buy rating on April 10, 2024.
