During the last session, PG&E Corp. (NYSE:PCG)’s traded shares were 16.42 million, with the beta value of the company hitting 1.27. At the end of the trading day, the stock’s price was $17.07, reflecting an intraday gain of 0.41% or $0.07. The 52-week high for the PCG share is $18.32, that puts it down -7.32 from that peak though still a striking 13.83% gain since the share price plummeted to a 52-week low of $14.71. The company’s market capitalization is $36.42B, and the average trade volume was 15.46 million shares over the past three months.
PG&E Corp. (NYSE:PCG) trade information
PG&E Corp. (PCG) registered a 0.41% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.41% in intraday trading to $17.07, hitting a weekly high. The stock’s 5-day price performance is 3.20%, and it has moved by 4.85% in 30 days. Based on these gigs, the overall price performance for the year is -1.16%.
PG&E Corp. (PCG) estimates and forecasts
Statistics show that PG&E Corp. has outperformed its competitors in share price, compared to the industry in which it operates. PG&E Corp. (PCG) shares have gone up 5.44% during the last six months, with a year-to-date growth rate more than the industry average at 9.76% against 5.50. In the rating firms’ projections, revenue will increase 5.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 6.6B as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 5.89B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 6.21B and 5.29B respectively. In this case, analysts expect current quarter sales to grow by 6.30% and then jump by 11.40% in the coming quarter.
While earnings are projected to return 9.99% in 2024, the next five years will return 10.20% per annum.
PCG Dividends
PG&E Corp. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for PG&E Corp. is 0.02, with the dividend yield indicating at 0.12 percent, continuing the trend of increasing dividends in recent years.
