|Bid||30.630 x 4000|
|Ask||30.640 x 1800|
|Day's Range||30.40 - 30.67|
|52 Week Range||25.30 - 32.46|
|Beta (3Y Monthly)||0.65|
|PE Ratio (TTM)||11.88|
|Earnings Date||Feb 20, 2019 - Feb 25, 2019|
|Forward Dividend & Yield||1.64 (5.37%)|
|1y Target Est||31.38|
PPL (PPL) delivered earnings and revenue surprises of 6.12% and -0.57%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
The Allentown, Pennsylvania-based company said it had net income of 57 cents per share. Earnings, adjusted for non-recurring gains, were 52 cents per share. The results beat Wall Street expectations. The ...
- Delivers 2018 reported earnings of $2.58 per share. - Achieves high end of 2018 earnings from ongoing operations forecast range, 7 percent higher than 2017 results. - Announces 2019 earnings forecast ...
Southern Company: Analysts’ Q4 Earnings Estimates(Continued from Prior Part)Analysts’ target price Based on analysts’ estimates, Southern Company (SO) stock has a median target price of $47.09, which indicates an estimated downside of 4.4% for
Southern Company: Analysts’ Q4 Earnings Estimates(Continued from Prior Part)Southern Company’s dividend Southern Company (SO) is trading at a dividend yield of 4.9%, which is notably higher than broader utilities’ average yield close to 3.3%.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we are going to look atRead More...
PPL (PPL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
How Last Week Went for Utilities: Valuation, Returns, and More(Continued from Prior Part)ValuationPPL’s (PPL) dividend yield is 5.2%, one of the highest among utilities, and its forward PE multiple is 12.7x. Its five-year historical average is
ALLENTOWN, Pa. , Jan. 29, 2019 /PRNewswire/ -- PPL Corporation (NYSE: PPL) will release consolidated fourth-quarter and year-end 2018 earnings results on Thursday, Feb. 14. William H. Spence , PPL ...
How Did Utilities Fare Last Week?(Continued from Prior Part)Top-yielding utilities Currently, utilities (XLU) offer a yield of 3.3%, which implies a spread of almost 50 basis points to the benchmark ten-year Treasury yield and ~120 basis points to
Current Controller Named PPL Electric Utilities Vice President-Finance and Regulatory Affairs ALLENTOWN, Pa. , Jan. 28, 2019 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced today that it has named ...
Utility stocks had a great 2018 ... for the most part. Yes, the Utilities Select Sector SPDR (XLU) broadly finished the year with a marginal gain. But mounting U.S. and global worries helped push the sector to a spectacular 20% run between the February lows and the mid-December highs. Heading into 2019, it looks as though utility stocks could be among the better performers this year, too, according to Goldman Sachs analysts. "For equity investors, risk is high and the margin of safety is low because stock valuations are elevated compared with history," Goldman Chief Equity Strategist David Kostin and team wrote in a Nov. 19 note to clients. "We forecast the S&P; 500 index will generate a modest single-digit absolute return in 2019." Although the bank believes cash is an excellent place to allocate some of your capital in the year ahead, when it comes to actual stock picks, utilities are high on its list - so much so that it raised the sector to "overweight." Why? Several analysts are predicting a slowdown in GDP growth in 2019, and historically, when that happens, utilities tend to outperform the markets as a whole, in part because the sector has traditionally had a low beta to the S&P; 500. Goldman also suggests that investors need to buy quality companies with stable earnings and revenues to prepare for the year ahead. Utilities fit that to a T, and typically deliver better-than-average dividend yield to boot. So with all that in mind, here are the 10 best utility stocks to buy for 2019. ### SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond
Weekly Review: How Utilities Performed Last WeekXLU lagged broader markets Last week, utilities started on a weak note. The Utilities Select Sector SPDR ETF (XLU) fell marginally, while the S&P 500 rose almost 3% in the week ending January 18.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). To keep it practical, we'll show how PPL Corporation's (NYSE:PPL) P/E Read More...
Moody's Investors Service ("Moody's") affirmed the ratings of Kentucky Utilities Co. (KU) and Louisville Gas & Electric Company (LGE), including the A3 Long Term Issuer Rating and Prime-2 short-term rating. Also, Moody's affirmed the Baa1 rating of LG&E and KU Energy LLC (LKE).
PPL Corp. said Thursday it is still expecting its 2018 per-share earnings to range from $2.43 to $2.53. The utility said it is also still expecting adjusted EPS to range from $2.30 to $2.40, compared with a FactSet consensus of $2.35. The company said it still expects compound annual growth of 5% to 6% through 2020, based on its original adjusted EPS forecast midpoint of $2.30 a share. PPL made the disclosures ahead of analyst meetings that will start today and continue through Jan. 16. Shares were not yet active premarket, but have fallen 5% in the last 12 months, while the S&P 500 has fallen 5.9%.
ALLENTOWN, Pa. , Jan. 8, 2019 /PRNewswire/ -- PPL Electric Utilities announced today that Lori Mueller will serve as vice president of Customer Services. Mueller will oversee the company's efforts to strengthen ...
Analyzing Utilities in the Week Ending January 4 (Continued from Prior Part) ## Total return Utilities played out well last year amid broader markets’ volatility. The utilities, including dividends, returned more than 6%, while the S&P 500 returned -6% last year. Utilities generally have stable earnings due to their low-risk and regulated operations. Investors usually turn to utilities during uncertainties due to their slow and stable stock price movements and high dividend payments. Currently, utilities yield 3.3%, which is notably higher than broader markets. Utilities (XLU) (IDU) didn’t just beat broader markets last year. They have outperformed the S&P 500 in the past three and five years as well. In the last five years, utilities returned 68%, while the S&P 500 returned 52%. The total return considers the capital appreciation and dividends paid in a particular period. Regulated utilities Southern Company (SO) and PPL (PPL) offer a dividend yield of 5.4% and 5.9%, respectively. Both of the utilities lagged their peers in terms of total returns in the last few years. To learn why these top-yielding utilities failed, read Southern Company’s Total Returns Compared to Its Peers. Continue to Next Part Browse this series on Market Realist: * Part 1 - Utilities: Gains and Losses Last Week * Part 2 - XLU: What to Expect from Utilities in 2019 * Part 4 - Comparing Utilities and Treasury Yields
Why PPL Stock Looks Attractive Compared to Its Peers (Continued from Prior Part) ## Analysts’ recommendations Wall Street analysts have given PPL (PPL) stock a median target price of $31.6, which implies an estimated upside of almost 13% for the next 12 months. Currently, PPL is trading at $28.0. Among the 15 analysts tracking PPL surveyed by Reuters, eight recommended a “hold,” two recommended a “strong buy,” four recommended a “buy,” and one recommended a “sell.” The following chart shows how analysts’ views on PPL stock have changed in the last six months. ## Peers’ target prices Consolidated Edison (ED) stock has a median target price of $78.9—compared to its current market price of $75.3, which indicates an upside potential of ~5% going forward. Among the 17 analysts tracking Consolidated Edison, one recommended a “strong buy,” ten recommended a “hold,” five recommended a “sell,” and one recommended a “strong sell” as of January 4. Among the 15 analysts tracking Xcel Energy (XEL), two recommended a “strong buy,” two recommended a “buy,” and 11 recommended a “hold.” The median target price of $51.5 implies an ~7% upside potential compared to its current price of $48.0. PPL appears to be an attractive opportunity given the total return potential, handsome yield, and estimated upside. Read Do You Own Analysts’ Favorite Utility Stocks? to learn more. Browse this series on Market Realist: * Part 1 - PPL Stock Looks Attractive Compared to Its Peers * Part 2 - What Do PPL’s Chart Indicators and Short Interest Suggest? * Part 3 - What PPL’s Implied Volatility Trends Indicate
Why PPL Stock Looks Attractive Compared to Its Peers (Continued from Prior Part) ## Implied volatility On January 3, PPL’s (PPL) implied volatility was close to 25%—near its 15-day average volatility. Recently, the Utilities Select Sector SPDR ETF’s (XLU) implied volatility was 20%. The implied volatility represents investors’ unease. Rising volatility is usually related to falling stock prices. Broader markets witnessed increased volatility in the last few months. The S&P 500 witnessed an implied volatility of 22% on January 3. Usually, broader markets’ implied volatility levels are lower than utilities at large. Recently, Xcel Energy (XEL) and Consolidated Edison’s (ED) implied volatility was close to 20%. Usually, utilities have been more volatile than broader markets. In the past few months, the S&P 500 experienced more volatility than utilities. Among utilities, wildfire-stricken PG&E (PCG) stock experienced an implied volatility of 72%—the highest among these defensives. To learn how top utility stocks played out recently and how they’re placed for 2019, read How Top Utility Stocks Are Placed at the Beginning of 2019. Continue to Next Part Browse this series on Market Realist: * Part 1 - PPL Stock Looks Attractive Compared to Its Peers * Part 2 - What Do PPL’s Chart Indicators and Short Interest Suggest? * Part 4 - PPL Stock: Analysts’ Recommendations
Why PPL Stock Looks Attractive Compared to Its Peers (Continued from Prior Part) ## Chart indicators The recent weakness in PPL (PPL) stock has pushed it below both of its major support levels, which might bother investors. Currently, PPL is trading at $28.0, which is almost 7% and 4% below its 50-day and 200-day moving average levels, respectively. The levels close to $30.2 and $29.1 will likely act as a resistance in the short term. PPL’s current RSI (relative strength index) is at 33, which indicates that it isn’t “overbought” or “oversold.” ## Short interest The short interest in PPL stock decreased 6% on December 14. On November 30, the shorted shares in PPL were 44.9 million. PPL’s total shorted shares decreased to 42.3 million on December 14. A fall in PPL’s short interest could indicate that fewer investors expect the stock to fall from its current price levels. The short interest indicates the number of a company’s shares that have been sold short and not squared off yet. ## Bollinger Bands PPL stock is trading 4% above its lower Bollinger Band level. PPL’s 20-day moving average level is at $29.3, while its upper Bollinger Band is at $31.8. When a stock’s price falls to the lower level of the Bollinger Band and trades near its support level, technical analysts see it as an entry point. When the stock’s price reaches the upper level of the Bollinger Band and trades near its resistance level, analysts might see it as an exit point. We have used the 20-day simple moving average levels to calculate the Bollinger Bands. Continue to Next Part Browse this series on Market Realist: * Part 1 - PPL Stock Looks Attractive Compared to Its Peers * Part 3 - What PPL’s Implied Volatility Trends Indicate * Part 4 - PPL Stock: Analysts’ Recommendations