With 6.85 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.79 million shares. The 52-week range on PPL shows that it touched its highest point at $36.70 and its lowest point at $27.24 during that stretch. It currently has a 1-year price target of $38.25. With its current market cap of 25.45 billion, PPL has annualized dividend of $1.05 while the current yield stands at 3.04%. Beta for the stock currently stands at 0.66.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PPL was down-trending over the past week, with a drop of -3.37%, but this was down by -2.69% over a month. Three-month performance surged to 0.03% while six-month performance rose 2.87%. The stock gained 18.00% in the past year, while it has gained 6.04% so far this year. A look at the trailing 12-month EPS for PPL yields 1.34 with Next year EPS estimates of 1.96. For the next quarter, that number is 0.39. This implies an EPS growth rate of 7.60% for this year and 7.75% for next year. EPS is expected to grow by 7.44% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -12.75%.
Float and Shares Shorts:
At present, 739.07 million PPL shares are outstanding with a float of 736.59 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PPL since 8 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.79547 being high and $1.70289 being low. For PPL, this leads to a yearly average estimate of $1.71285.
