PPL Corp (PPL) concluded trading on Wednesday at a closing price of $34.99, with 3.82 million shares of worth about $133.76 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.07% during that period and on Wednesday the price saw a gain of about 0.49%. Currently the company’s common shares owned by public are about 738.03M shares, out of which, 737.33M shares are available for trading.
Stock saw a price change of 3.00% in past 5 days and over the past one month there was a price change of 2.31%. Year-to-date (YTD), PPL shares are showing a performance of 7.79% which increased to 31.34% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $25.93 but also hit the highest price of $35.91 during that period. The average intraday trading volume for PPL Corp shares is 4.68 million. The stock is currently trading 1.03% above its 20-day simple moving average (SMA20), while that difference is up 3.52% for SMA50 and it goes to 9.58% higher than SMA200.
PPL Corp (NYSE: PPL) currently have 738.03M outstanding shares and institutions hold larger chunk of about 79.10% of that.
The stock has a current market capitalization of $25.83B and its 3Y-monthly beta is at 0.69. PE ratio of stock for trailing 12 months is 29.21, while it has posted earnings per share of $1.20 in the same period. Its PEG reads 3.86 and has Quick Ratio of 0.71 while making debt-to-equity ratio of 1.19. 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 1.62% while standing at 1.78% over the month.
Stock’s fiscal year EPS is expected to rise by 7.78% while it is estimated to increase by 7.57% in next year. EPS is likely to grow at an annualized rate of 7.56% for next 5-years, compared to annual growth of -12.75% 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 BMO Capital Markets on December 11, 2024 offering an Outperform rating for the stock and assigned a target price of $36 to it. Coverage by JP Morgan stated PPL Corp (PPL) stock as an Overweight in their note to investors on October 25, 2024, suggesting a price target of $37 for the stock. On September 20, 2024, Jefferies Initiated their recommendations, while on March 08, 2024, Argus Upgrade their ratings for the stock with a price target of $30. Stock get a Neutral rating from UBS on October 04, 2023.
