PCG

Understanding PG&E – A Fundamental Overview

More and more people are talking about PG&E over the last few weeks. Is it worth buying the Utilities—Independent Power Producers stock at a price of $17.17? Only time will tell. The information below will give you a basic idea of what this investment may entail:

  • PG&E has moved -3.6% over the last year, and the S&P 500 logged a change of 23.1%

  • PCG has an average analyst rating of buy and is -18.16% away from its mean target price of $20.98 per share

  • Its trailing earnings per share (EPS) is $1.12

  • PG&E has a trailing 12 month Price to Earnings (P/E) ratio of 15.3 while the S&P 500 average is 27.65

  • Its forward earnings per share (EPS) is $1.48 and its forward P/E ratio is 11.6

  • The company has a Price to Book (P/B) ratio of 1.43 in contrast to the S&P 500's average ratio of 4.59

  • PG&E is part of the Utilities sector, which has an average P/E ratio of 20.35 and an average P/B of 2.27

  • PCG has reported YOY quarterly earnings growth of 25.9% and gross profit margins of 0.4%

  • The company has a free cash flow of $-6628749824, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • 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. The company owns and operates interconnected transmission lines; electric transmission substations, distribution lines, transmission switching substations, and distribution substations; and natural gas transmission, storage, and distribution system consisting of distribution pipelines, backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. PG&E Corporation was incorporated in 1905 and is based in Oakland, California.

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.

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