Pge Corp Stock Today
| PCG Stock | USD 16.54 0.10 0.61% |
Performance0 of 100
| Odds Of DistressLess than 40
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PGE Corp is trading at 16.54 as of the 19th of April 2024. This is a 0.61 percent up since the beginning of the trading day. The stock's lowest day price was 16.42. PGE Corp has about a 40 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for PGE Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Utilities | IPO Date 1st of June 1972 |
PGE 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. The company was incorporated in 1905 and is headquartered in San Francisco, California. The company has 2.61 B outstanding shares of which 30.5 M shares are at this time shorted by investors with about 2.06 days to cover. More on PGE Corp
PGE Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. PGE Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PGE Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, PGE Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to PGE Corp's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | William Smith | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | PG&E | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electric Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, HNX, HNX MidSmall Cap, SP 500 Index, Dow Jones Utility, Dow Jones Composite, Basic Utilities, Utilities, Electric Utilities, Utilities—Regulated Electric, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Excise Tax Activities | Nuclear | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering PGE Corp report their recommendations after researching PGE Corp's financial statements, talking to executives and customers, or listening in on PGE Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering PGE Corp. The PGE consensus assessment is calculated by taking the average forecast from all of the analysts covering PGE Corp. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of PGE Corp's profitability, liquidity, and operating efficiency, PGE Corp is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of PGE Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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PGE Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to PGE Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. PGE Corp's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of PGE Corp's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand PGE Corp's financial leverage. It provides some insight into what part of PGE Corp's total assets is financed by creditors.
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PGE Corp (PCG) is traded on New York Stock Exchange in USA. It is located in 300 Lakeside Drive, Oakland, CA, United States, 94612 and employs 28,010 people. PGE Corp is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 41.91 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PGE Corp's market, we take the total number of its shares issued and multiply it by PGE Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. PGE Corp runs under Electric Utilities sector within Utilities industry. The entity has 2.61 B outstanding shares of which 30.5 M shares are at this time shorted by investors with about 2.06 days to cover.
PGE Corp has about 734 M in cash with 4.75 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
Check PGE Corp Probability Of Bankruptcy
Ownership AllocationPGE Corp owns a total of 2.61 Billion outstanding shares. The majority of PGE Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in PGE Corp to benefit from reduced commissions. Thus, institutional investors are subject to a different set of regulations than regular investors in PGE Corp. Please pay attention to any change in the institutional holdings of PGE Corp as this could imply that something significant has changed or is about to change at the company. Also note that almost twenty-six million one hundred fourty-seven thousand seven hundred ninety-nine invesors are currently shorting PGE Corp expressing very little confidence in its future performance.
Check PGE Ownership Details
PGE Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of PGE Corp jumping above the current price in 90 days from now is about 53.07%. The PGE Corp probability density function shows the probability of PGE Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon PGE Corp has a beta of 0.8468 indicating as returns on the market go up, PGE Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PGE Corp will be expected to be much smaller as well. Additionally, pGE Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of PGE Corp to move above the current price in 90 days from now is about 53.07 (This PGE Corp probability density function shows the probability of PGE Stock to fall within a particular range of prices over 90 days) .
PGE Stock Institutional Holders
Institutional Holdings refers to the ownership stake in PGE Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of PGE Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing PGE Corp's value.| Instituion | Recorded On | Shares | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 39.2 M | |
| Ameriprise Financial Inc | 2023-12-31 | 35.8 M | |
| Deutsche Bank Ag | 2023-12-31 | 32.9 M | |
| Gallagher Fiduciary Advisors, Llc | 2023-12-31 | 23.1 M | |
| Pictet Asset Manangement Sa | 2023-12-31 | 21.9 M | |
| Norges Bank | 2023-12-31 | 21.9 M | |
| Legal & General Group Plc | 2023-12-31 | 20.9 M | |
| Northern Trust Corp | 2023-12-31 | 19.2 M | |
| Wellington Management Company Llp | 2023-12-31 | 18.8 M | |
| Vanguard Group Inc | 2023-12-31 | 276.7 M | |
| Fmr Inc | 2023-12-31 | 172.6 M |
PGE Corp Historical Income Statement
PGE Corp Income Statement is one of the three primary financial statements used for reporting PGE's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of PGE Corp revenue and expense. PGE Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, PGE Corp's Net Income is most likely to decrease significantly in the upcoming years. The PGE Corp's current Income Before Tax is estimated to increase to about 734 M, while Gross Profit is projected to decrease to roughly 5.7 B. View More FundamentalsPGE Stock Against Markets
Picking the right benchmark for PGE Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PGE Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PGE Corp is critical whether you are bullish or bearish towards PGE Corp at a given time. Please also check how PGE Corp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in PGE Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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PGE Corp Corporate Directors
PGE Corp corporate directors refer to members of a PGE Corp board of directors. The board of directors generally takes responsibility for the PGE Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of PGE Corp's board members must vote for the resolution. The PGE Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Dominique Mielle | Director | Profile | |
| Anne Smith | Independent Director | Profile | |
| Kenneth Liang | Director | Profile | |
| Maryellen Herringer | Independent Director | Profile |
How to buy PGE Stock?
Before investing in PGE Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in PGE Corp. To buy PGE Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of PGE Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase PGE Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located PGE Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased PGE Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as PGE Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy PGE Stock please use our How to Invest in PGE Corp guide.
Already Invested in PGE Corp?
The danger of trading PGE Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PGE Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PGE Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PGE Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether PGE Corp is a strong investment it is important to analyze PGE Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PGE Corp's future performance. For an informed investment choice regarding PGE Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PGE Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in PGE Stock please use our How to Invest in PGE Corp guide.Note that the PGE Corp information on this page should be used as a complementary analysis to other PGE Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for PGE Stock analysis
When running PGE Corp's price analysis, check to measure PGE Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PGE Corp is operating at the current time. Most of PGE Corp's value examination focuses on studying past and present price action to predict the probability of PGE Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PGE Corp's price. Additionally, you may evaluate how the addition of PGE Corp to your portfolios can decrease your overall portfolio volatility.
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Is PGE Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PGE Corp. If investors know PGE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PGE Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.792 | Dividend Share 0.01 | Earnings Share 1.05 | Revenue Per Share 11.835 | Quarterly Revenue Growth 0.311 |
The market value of PGE Corp is measured differently than its book value, which is the value of PGE that is recorded on the company's balance sheet. Investors also form their own opinion of PGE Corp's value that differs from its market value or its book value, called intrinsic value, which is PGE Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PGE Corp's market value can be influenced by many factors that don't directly affect PGE Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PGE Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGE Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGE Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.