It’s Not A Fantasy To Think That PPL Corp (PPL) Has Big Future Potential

PPL Corp (NYSE:PPL) currently has a daily average trading volume of 5.91M but it saw 4491705 shares traded in last market. With a market cap of 25.59B USD, the company’s current market price of $34.62 came falling about -0.77 while comparing to the previous closing price of $34.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $36.70 and as low as $27.24.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BMO Capital Markets which initiated the stock as “Outperform” in its note to investors issued on December 11, 2024, recommending a price target of $36 for it. Jefferies also issued its recommendations for the stock as it initiated the price target for the stock is $38.

Over the week, PPL’s stock price is moving 3.28% up while it is -4.39% when we observe its performance for the past one month. Year-to-date it is 6.65% up and over the past year, the stock is showing an upside performance of 17.00%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.38 while estimate for next year EPS is 1.82. In next quarter, company is expected to be making quarterly sales of $2.15B as analysts are expecting the sales for current fiscal year at $8.81B and seeing the company making $8.98B in sales next year. Moreover, analysts are in estimates of $1.99B for current-quarter revenue.

Currently, PPL Corp’s total number of outstanding shares is 739.07M with 0.11% of that held by the insiders while 81.95% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.28% and return on equity (ROE) at 7.00%. It has a price to earnings ratio (P/E ratio) of 25.85 while having a 17.67 of forward P/E ratio. Stock’s beta reads 0.67. Stock has a price to book (P/B) ratio of 1.79 while price to sale or P/S ratio amounts to 2.95. Its return on asset (ROA) is 2.44% on average.