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Sunday, April 2, 2023

Are Things Looking Up For PPL Corporation (NYSE: PPL)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for PPL Corporation (PPL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.20, or 0.73%, to $27.44. The PPL Corporation has recorded 249,667 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted PPL Capital Funding, Inc. announces pricing of $900 million of 2.875% Exchangeable Senior Notes.

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Stocks Info

The company is listed on the NYSE and operates within the Utilities – Regulated Electric industry segment. At the end of the last regular session, the stock closed at $27.24 and fluctuated between $27.58 as its day high and $26.74 as its day low. The current market capitalization of PPL Corporation is $20.32B. A total of 9.17 million shares were traded on the day, compared to an average of 5.42M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, PPL has seen 19 BUY and 20 SELL insider trades, representing the acquisition of 216,273 and the disposition of 108,536 shares. Over the last 12 months, there were 29 BUYs and 30 SELLs from insiders. Insiders purchased 299,790 shares during that period but sold 189,868.

In the most recent transaction, Bonenberger David J sold 719 shares of PPL for 26.13 per share on Jan 24. After the transaction, the President of a PPL Subsidiary now owns 34,606 company shares. In a previous transaction on Jan 04, Bonenberger David J sold 29,080 shares at 30.00 per share. PPL shares that President of a PPL Subsidiary owns now total 34,606.

Among the insiders who sold shares, Raymond Stephanie R disposed of 18,580 shares on Jan 03 at a per-share price of $29.31. This resulted in the President of a PPL Subsidiary holding 23,182 shares of PPL after the transaction. In another insider transaction, Bergstein Joseph P Jr sold 20,645 shares at $30.41 per share on Aug 26. Company shares held by the EVP and CFO now total 31,469.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. PPL Corporation pays an annual dividend of $0.96, resulting in a dividend yield of 3.52%, and it has a price to earnings (P/E) ratio of 28.11. PPL’s most recent ex-dividend date was 3/9/2023 when it declared a $0.24 quarterly dividend that was paid in cash on 4/3/2023. Previously, the company paid the dividend on 1/3/2023 with an ex-dividend date of 12/8/2022. The PPL stock dividend was $0.2250 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for PPL in the last 3 months, the mean price target is $31.73 with high estimates of $34.00 and low estimates of $29.00. In terms of 52-week highs and lows, PPL has a high of $31.74 and a low of $23.47.

As of this writing, PPL has an earnings estimate of $0.28 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.29 per share and a lower estimate of $0.27.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 14 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PPL is Hold with a score of 4.20. A total of 9 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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