PG&E Corp. [NYSE: PCG] jumped around 0.31 points on Friday, while shares priced at $16.85 at the close of the session, up 1.87%.
Compared to the average trading volume of 15.90M shares, PCG reached a trading volume of 10302456 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about PG&E Corp. [PCG]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PCG shares is $19.56 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PCG stock is a recommendation set at 1.69. 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.
Goldman have made an estimate for PG&E Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 10, 2024. While these analysts kept the previous recommendation, Evercore ISI raised their target price to In-line. The new note on the price target was released on October 23, 2023, representing the official price target for PG&E Corp. stock. Previously, the target price had yet another raise to $19, while Barclays analysts kept a Overweight rating on PCG stock. On August 07, 2023, analysts increased their price target for PCG shares from 19 to 21.
The Average True Range (ATR) for PG&E Corp. is set at 0.31, with the Price to Sales ratio for PCG stock in the period of the last 12 months amounting to 1.47. The Price to Book ratio for the last quarter was 1.44, with the Price to Cash per share for the same quarter was set at 0.44.
How has PCG stock performed recently?
PG&E Corp. [PCG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.51. With this latest performance, PCG shares gained by 4.01% in over the last four-week period, additionally plugging by 3.95% over the last 6 months – not to mention a drop of -0.24% 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 PCG stock in for the last two-week period is set at 55.91, with the RSI for the last a single of trading hit 58.87, and the three-weeks RSI is set at 53.90 for PG&E Corp. [PCG]. The present Moving Average for the last 50 days of trading for this stock 16.51, while it was recorded at 16.43 for the last single week of trading, and 16.91 for the last 200 days.
PG&E Corp. [PCG]: Deeper insight into the fundamentals
PG&E Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.78 and a Current Ratio set at 0.83.
Earnings analysis for PG&E Corp. [PCG]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PCG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for PG&E Corp. go to 10.20%.
Insider trade positions for PG&E Corp. [PCG]
The top three institutional holders of PCG stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in PCG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in PCG stock with ownership which is approximately 5.8386%.
