After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for PG&E Corp. (PCG) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.06%, to $16.50. The PG&E Corp. has recorded 339,712 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that In Line with State’s Direction, PG&E Requests Federal Extension of Diablo Canyon Power Plant Operations.
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Stocks Info
PG&E Corp. is listed on the NYSE in the Utilities sector while operating in the Utilities – Regulated Electric industry. At the end of the last regular session, the stock closed at $16.49 and fluctuated between $16.79 as its day high and $16.48 as its day low. The current market capitalization of PG&E Corp. is $35.18B. A total of 8.43 million shares were traded on the day, compared to an average of 16.54M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, PCG has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 10,000 shares. Over the last 12 months, there were 26 BUYs and 30 SELLs from insiders. Insiders purchased 1,717,017 shares during that period but sold 122,493,545.
In the most recent transaction, Campbell Cheryl F. sold 10,000 shares of PCG for 16.90 per share on Sep 12. After the transaction, the Director now owns 54,153 company shares. In a previous transaction on Mar 30, Burke Carolyn Jeanne bought 156 shares at 15.90 per share. PCG shares that EVP Finance owns now total 25,072.
Among the insiders who sold shares, Poppe Patricia K disposed of 66,700 shares on Mar 03 at a per-share price of $15.87. This resulted in the Chief Executive Officer holding 1,269,325 shares of PCG after the transaction. In another insider transaction, PG&E Fire Victim Trust sold 60,000,000 shares at $15.26 per share on Jan 09. Company shares held by the Former 10% owner now total 187,743,590.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. PG&E Corp. pays an annual dividend of $0.05, resulting in a dividend yield of 0.32%, and it has a price to earnings (P/E) ratio of 18.79.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable 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 $21.00 and low estimates of $14.00. In terms of 52-week highs and lows, PCG has a high of $18.19 and a low of $14.32.
As of this writing, PCG has an earnings estimate of $0.29 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.39 per share and a lower estimate of $0.21.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. PCG’s latest balance sheet shows that the firm has $165.00M in Cash & Short Term Investments as of fiscal 2021. There were $41.55B in debt and $17.31B in liabilities at the time. Its Book Value Per Share was $11.31, while its Total Shareholder’s Equity was $25.61B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 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 Buy with a score of 4.25.
