PPL (NYSE:PPL – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.750-1.870 for the period, compared to the consensus estimate of 1.780. The company issued revenue guidance of -.
PPL Stock Down 2.5 %
PPL stock traded down $0.86 during mid-day trading on Thursday, hitting $33.66. The company had a trading volume of 3,146,818 shares, compared to its average volume of 4,167,972. The stock has a market cap of $24.84 billion, a price-to-earnings ratio of 30.18, a PEG ratio of 2.75 and a beta of 0.83. PPL has a 1 year low of $25.87 and a 1 year high of $35.15. The company has a quick ratio of 1.07, a current ratio of 1.29 and a debt-to-equity ratio of 1.17. The business has a fifty day moving average of $32.85 and a 200 day moving average of $32.53.
PPL (NYSE:PPL – Get Free Report) last announced its earnings results on Thursday, February 13th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.03). PPL had a return on equity of 9.20% and a net margin of 9.95%. On average, sell-side analysts expect that PPL will post 1.72 earnings per share for the current fiscal year.
PPL Announces Dividend
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on the stock. Bank of America boosted their price objective on shares of PPL from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. assumed coverage on shares of PPL in a research note on Friday, October 25th. They set an “overweight” rating and a $37.00 price objective for the company. BMO Capital Markets assumed coverage on shares of PPL in a research note on Wednesday, December 11th. They set an “outperform” rating and a $36.00 price objective for the company. Jefferies Financial Group dropped their price objective on shares of PPL from $39.00 to $38.00 and set a “buy” rating for the company in a research note on Tuesday, December 17th. Finally, Barclays dropped their price objective on shares of PPL from $34.00 to $33.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 22nd. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $34.00.
Insider Activity at PPL
In related news, SVP Tadd J. Henninger sold 1,424 shares of the firm’s stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $33.48, for a total transaction of $47,675.52. Following the sale, the senior vice president now owns 11,259 shares of the company’s stock, valued at $376,951.32. This trade represents a 11.23 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider John R. Crockett III sold 9,161 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $34.35, for a total value of $314,680.35. Following the sale, the insider now directly owns 12,434 shares in the company, valued at approximately $427,107.90. This trade represents a 42.42 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 19,794 shares of company stock worth $661,338. 0.22% of the stock is owned by insiders.
PPL Company Profile
PPL Corporation, an energy company, focuses on providing electricity and natural gas to approximately 3.6 million customers in the United States. It operates through three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates electricity from power plants in Kentucky.
Further Reading
- Five stocks we like better than PPL
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Archer Aviation Lands BlackRock Investment—What’s Next for ACHR?
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Buffett Buys More Occidental Petroleum—Sticking to His Playbook
- The 3 Best Fintech Stocks to Buy Now
- CVS Health: Earnings Beat Ignites Stock Rally
Receive News & Ratings for PPL Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PPL and related companies with MarketBeat.com's FREE daily email newsletter.