After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for PG&E Corporation (PCG) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $15.86. The PG&E Corporation has recorded 614,745 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that PG&E Corporation Appoints Carolyn Burke as Executive Vice President and Chief Financial Officer.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
Stocks Info
This NYSE-listed company operates within the Utilities – Regulated Electric industry segment, falling under the Utilities sector. At the end of the last regular session, the stock closed at $15.86 and fluctuated between $15.94 as its day high and $15.64 as its day low. The current market capitalization of PG&E Corporation is $39.90B. A total of 19.35 million shares were traded on the day, compared to an average of 14.03M shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, PCG has seen 8 BUY and 8 SELL insider trades, representing the acquisition of 1,363,065 and the disposition of 61,814,786 shares. Over the last 12 months, there were 22 BUYs and 19 SELLs from insiders. Insiders purchased 1,552,591 shares during that period but sold 252,045,209.
In the most recent transaction, Poppe Patricia K sold 66,700 shares of PCG for 15.87 per share on Mar 03. After the transaction, the Chief Executive Officer now owns 1,269,325 company shares. In a previous transaction on Jan 09, PG&E Fire Victim Trust sold 60,000,000 shares at 15.26 per share. PCG shares that Former 10% owner owns now total 187,743,590.
Among the insiders who sold shares, PG&E Fire Victim Trust disposed of 60,000,000 shares on Dec 12 at a per-share price of $15.13. This resulted in the 10% Owner holding 247,743,590 shares of PCG after the transaction. In another insider transaction, PG&E Fire Victim Trust sold 35,000,000 shares at $14.77 per share on Oct 27. Company shares held by the 10% Owner now total 307,743,590.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. PCG’s most recent ex-dividend date was 9/28/2017 when it declared a $0.53 quarterly dividend that was paid in cash on 10/15/2017. Previously, the company paid the dividend on 7/15/2017 with an ex-dividend date of 6/28/2017. The PCG stock dividend was $0.53 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for PCG in the last 3 months, the mean price target is $18.36 with high estimates of $22.00 and low estimates of $14.00. In terms of 52-week highs and lows, PCG has a high of $16.83 and a low of $9.64.
As of this writing, PCG has an earnings estimate of $0.28 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.36 per share and a lower estimate of $0.26. The company reported an EPS of $0.25 in the last quarter, which was -10.70% lower than expectations of $0.28.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.
Analysts Opinion
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. 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 PCG is Hold with a score of 3.88. A total of 8 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 0 thought it should be Sold.