Buying Pacific Gas & Electric Co. (PCG)? Here's What You Must Know.

Large-cap Utilities company Pacific Gas & Electric Co. has logged a -0.5% change today on a trading volume of 12,116,118. The average volume for the stock is 16,574,462.

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. Based in San Francisco, United States the company has 26,000 full time employees and a market cap of $33,729,703,936.

The company is now trading -13.03% away from its average analyst target price of $18.27 per share. The 11 analysts following the stock have set target prices ranging from $15 to $20, and on average give Pacific Gas & Electric Co. a rating of buy.

Over the last year, PCG shares have gone up 25.0%, which represents a difference of 37.6% when compared to the S&P 500. The stock's 52 week high is $16.49 per share whereas its 52 week low is $9.64. Based on Pacific Gas & Electric Co.'s average gross margins growth of 5.7% and steady revenue increased over the last three years, its core business remains strong and the stock price may maintain this level of performance.

Date Reported Revenue ($ MM) Cost of Revenue ($ MM) Gross Margins (%) YoY Growth (%)
2021-12-31 20,642 14,581 29.36 -7.9
2020-12-31 18,469 12,582 31.88 19.36
2019-12-31 17,129 12,554 26.71 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.