29.20 -0.07 (-0.24%)
After hours: 4:50PM EDT
|Bid||29.10 x 1400|
|Ask||29.27 x 800|
|Day's Range||29.00 - 29.27|
|52 Week Range||25.30 - 39.90|
|PE Ratio (TTM)||17.18|
|Earnings Date||Nov 1, 2018|
|Forward Dividend & Yield||1.64 (5.74%)|
|1y Target Est||31.21|
Southern Company (SO) stock corrected ~6% last week. Southern Company has a mean target price of $46.1—compared to its current market price of $46.1, which indicates flattish movement for the next year. Brokerages lowered Southern Company’s target price after its second-quarter earnings. Barclays cut Southern Company’s target price from $51 to $48 and lowered its rating from “overweight” to “equal weight.” J.P. Morgan lowered Southern Company’s target price from $46 to $45 on August 9. ...
The Utilities Select Sector SPDR ETF (XLU), a representative of the S&P 500 utilities, fell 0.6% last week and underperformed broader markets. So far in 2018, utilities have largely traded soft and have only risen marginally. Broader markets have risen 6% year-to-date.
According to the 14 analysts surveyed by Reuters that track PPL (PPL), two recommend “strong buy,” five recommend a “buy,” six recommend a “hold,” and one recommends a “sell” as of August 8.
PPL (PPL) stock has shown a decent uptrend in the last few weeks—particularly after the Fed’s second rate hike in June. Since then, PPL has risen more than 10%, while broader utilities (XLU) (IDU) have risen ~8%. Let’s see where PPL might go from here in the short term.
PPL (PPL) stock is trading at a PE multiple of 13x—compared to its five-year historical valuation of 14x. Recently, PPL traded at an enterprise value-to-EBITDA multiple of 9.7x. The company’s five-year historical average is 11x. PPL stock appears to be trading at a discounted valuation compared to its historical multiples.
The consensus EPS estimate for the reported quarter was $0.54. In the United Kingdom, PPL’s Regulated segment’s adjusted EPS increased $0.05 mainly due to higher power prices, higher foreign exchange rates, and increased sales volumes. PPL’s total operating expenses increased to $1.19 billion for the reported quarter—an increase from $1.07 billion in the second quarter of 2017.
PPL (PPL) reported its second-quarter financial results on August 7. The company reported total revenues of $1.85 billion for the quarter ending on June 30—an increase of 7% YoY (year-over-year). Analysts expected revenues of $1.75 billion for the second quarter.
PPL (PPL) delivered earnings and revenue surprises of 1.85% and 5.65%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Allentown, Pennsylvania-based company said it had profit of 73 cents. Earnings, adjusted for non-recurring gains, were 55 cents per share. The results beat Wall Street expectations. ...
NEW YORK, NY / ACCESSWIRE / August 7, 2018 / PPL Corporation (NYSE: PPL ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 7, 2018 at 10:00 AM Eastern Time. To listen ...
- Announces strong second-quarter reported earnings of $0.73 per share and earnings from ongoing operations of $0.55 per share. - Raises midpoint of 2018 earnings guidance. ALLENTOWN, Pa. , Aug. 7, 2018 ...
Due to the recent rally in utilities, many utility stocks are offering a dull upside potential. Let’s see some of the utility stocks that have a potential gain going forward.
PPL Corporation (PPL) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
Total Q2 earnings for stocks in the Utility space are anticipated to increase 11.2% year over year on revenue growth of 1% as of Aug 2.
Favorable weather, new rates and higher transmission and distribution margins are expected to aid PPL Corp (PPL) in Q2 earnings.
According to Wall Street analysts’ consensus, PPL Corporation (PPL) stock offers a handsome estimated upside of 10% per year with a mean target price of $31.40. Currently, PPL stock is trading at $28.54.
Let’s see how PPL (PPL) stock is currently trading and where it might go in the near future. On August 1, the stock was trading 2% above its 50-day moving average and 6% below its 200-day moving average. Its 200-day moving average of $30.24 is expected to act as a resistance for PPL going forward. Its 50-day moving average of $27.87 is likely to act as a support for the stock in the near future. It’s currently trading at $28.54.
PPL (PPL) stock is currently trading at a PE multiple of 13.5x compared to its five-year historical average of 14x. It recently traded at an enterprise-value-to-EBITDA multiple of 9.7x. Its five-year historical average is 11x. So PPL seems to be trading at a discounted valuation to its historical multiples.
PPL Corporation (PPL) is scheduled to report its second-quarter financial results on August 7. The quarter ended on June 30. According to analysts’ consensus, PPL is expected to report earnings of $0.54 per share compared to $0.52 per share in Q2 2017.
Utilities are a core component of any income-oriented portfolio -- heck, the whole reason many investors own them in the first place is that the stocks regularly send dividend checks to shareholders. On the plus side, many utilities are monopolies in their markets.
Wall Street analysts’ mean target price for FirstEnergy (FE) is $38.50. Its current market price is $34.72, which implies a potential upside of 11% for the stock over the next 12 months.
PPL (PPL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.