PPL Corporation [PPL] is 0.60% higher this YTD. Is it still time to buy?

PPL Corporation [NYSE: PPL] plunged by -$0.07 during the normal trading session on Monday and reaching a high of $28.44 during the day while it closed the day at $28.37. The company report on June 30, 2021 that PPL Electric Utilities earns S.E.E. Chairman’s Award for innovative downed wire technology and focus on safety.

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The award is the Southeastern Electric Exchange’s highest annual honor.

PPL Electric Utilities has received the Southeastern Electric Exchange (S.E.E.) Chairman’s Award for its groundbreaking technology that safely and automatically cuts power to downed power lines.

PPL Corporation stock has also gained 0.42% of its value over the past 7 days. However, PPL stock has declined by -1.25% in the 3 months of the year. Over the past six months meanwhile, it has gained 2.01% and gained 0.60% year-on date.

The market cap for PPL stock reached $21.61 billion, with 769.16 million shares outstanding and 768.66 million shares in the current float. Compared to the average trading volume of 4.94M shares, PPL reached a trading volume of 2973760 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about PPL Corporation [PPL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PPL shares is $31.41 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PPL stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wolfe Research have made an estimate for PPL Corporation shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on March 09, 2021. The new note on the price target was released on November 30, 2020, representing the official price target for PPL Corporation stock.

The Average True Range (ATR) for PPL Corporation is set at 0.39, with the Price to Sales ratio for PPL stock in the period of the last 12 months amounting to 3.07. The Price to Book ratio for the last quarter was 1.89, with the Price to Cash per share for the same quarter was set at 0.55.

PPL stock trade performance evaluation

PPL Corporation [PPL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.42. With this latest performance, PPL shares dropped by -2.44% in over the last four-week period, additionally plugging by 2.01% over the last 6 months – not to mention a rise of 12.36% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PPL stock in for the last two-week period is set at 48.90, with the RSI for the last a single of trading hit 52.38, and the three-weeks RSI is set at 47.90 for PPL Corporation [PPL]. The present Moving Average for the last 50 days of trading for this stock 28.79, while it was recorded at 28.26 for the last single week of trading, and 28.38 for the last 200 days.

PPL Corporation [PPL]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and PPL Corporation [PPL] shares currently have an operating margin of +37.11 and a Gross Margin at +41.15. PPL Corporation’s Net Margin is presently recorded at +19.30.

Return on Total Capital for PPL is now 7.59, given the latest momentum, and Return on Invested Capital for the company is 4.27. Return on Equity for this stock inclined to 11.14, with Return on Assets sitting at 3.13. When it comes to the capital structure of this company, PPL Corporation [PPL] has a Total Debt to Total Equity ratio set at 186.07. Additionally, PPL Total Debt to Total Capital is recorded at 65.04, with Total Debt to Total Assets ending up at 51.71. Long-Term Debt to Equity for the company is recorded at 161.69, with the Long-Term Debt to Total Capital now at 56.52.

Reflecting on the efficiency of the workforce at the company, PPL Corporation [PPL] managed to generate an average of $119,175 per employee. Receivables Turnover for the company is 5.69 with a Total Asset Turnover recorded at a value of 0.16.PPL Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.30.

PPL Corporation [PPL]: Insider Ownership positions

There are presently around $14,468 million, or 67.70% of PPL stock, in the hands of institutional investors. The top three institutional holders of PPL stocks are: VANGUARD GROUP INC with ownership of 89,660,353, which is approximately 0.988% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 69,290,508 shares of the stock with an approximate value of $1.97 billion in PPL stocks shares; and STATE STREET CORP, currently with $1.16 billion in PPL stock with ownership of nearly 0.799% of the company’s market capitalization.

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Positions in PPL Corporation stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 372 institutional holders increased their position in PPL Corporation [NYSE:PPL] by around 28,785,560 shares. Additionally, 368 investors decreased positions by around 34,511,014 shares, while 136 investors held positions by with 446,668,303 shares. The mentioned changes placed institutional holdings at 509,964,877 shares, according to the latest SEC report filing. PPL stock had 83 new institutional investments in for a total of 8,203,883 shares, while 76 institutional investors sold positions of 5,192,627 shares during the same period.

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