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Monday, December 4, 2023

Value Investing Philosophy And PG&E Corp. (NYSE: PCG)?

After Hours

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. After-hours trades for PG&E Corp. (PCG) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.11%, to $17.42. The PG&E Corp. has recorded 1,788,332 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that On Utility Scam Awareness Day, PG&E Wants to Help Customers Recognize and Avoid Utility Scams.

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Stocks Info

PCG belongs to the Utilities sector of the NYSE while operating in the Utilities – Regulated Electric industry. The current market capitalization of PG&E Corp. is $37.12B. A total of 21.24 million shares were traded on the day, compared to an average of 16.14M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. 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.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. PG&E Corp. pays an annual dividend of $0.06, resulting in a dividend yield of 0.33%, and it has a price to earnings (P/E) ratio of 19.83.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. 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 $0.45 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.46 per share and a lower estimate of $0.43. The company reported an EPS of $0.23 in the last quarter, which was -8.00% lower than expectations of $0.25.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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

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. 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.

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