PCG

Unveiling the Truth About PG&E

Shares of PG&E have moved 2.5% today, and are now trading at a price of $20.45. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 13,021,607 compared to the stock's average volume of 12,397,391.

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. Based in Oakland, United States the company has 28,010 full time employees and a market cap of $53,467,762,688. PG&E currently offers its equity investors a dividend that yields 0.2% per year.

The company is now trading -6.0% away from its average analyst target price of $21.75 per share. The 13 analysts following the stock have set target prices ranging from $18.0 to $24.0, and on average give PG&E a rating of buy.

Over the last 52 weeks, PCG stock has risen 21.2%, which amounts to a -2.6% difference compared to the S&P 500. The stock's 52 week high is $20.53 whereas its 52 week low is $14.71 per share. Based on PG&E's average net margin growth of 3.4% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 24,428,000 2,256,000 9 12.5
2022 21,680,000 1,814,000 8 inf
2021 20,642,000 -88,000 0 100.0
2020 18,469,000 -1,304,000 -7 84.44
2019 17,129,000 -7,642,000 -45 -9.76
2018 16,759,000 -6,837,000 -41
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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