Is A Rebound Possible? PPL Corporation (PPL)

Wall Street analysts will be watching closely when PPL Corporation (NYSE:PPL) reports its quarterly earnings next, which is scheduled for Thu 14 Feb (In 2 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.56 per share. In the preceding quarter, the company reportedly generated EPS of $0.59 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 38.40%, a profit margin of 19.20% and a gross margin of 90.60%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of PPL Corporation (NYSE:PPL). Most recently, on February 7th, 2019, Evercore ISI Downgrade a In-line rating. Before that, on January 14th, 2019, BofA/Merrill Downgrade to Underperform. Citigroup Initiated a Neutral rating on August 23rd, 2018, Evercore ISI Upgrade an Outperform rating on May 9th, 2018, and RBC Capital Mkts Upgrade a Outperform rating on March 6th, 2018.

At its current price point, combined with the fact that this company has 714.68M shares outstanding, the current market capitalization sits at 22.16B. In the last trading day, 7,021,314 shares of PPL Corporation were traded, which compares to its usual volume of about 5.68M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$0.05 in the past five trading days, resulting in a percentage change of -0.16% and a moving average of 31.07. In the past 20 days, its price changed by $2.05 (which is +7.08%) and the stock’s moving average was 30.64. Looking back a full 50 days, shares of PPL changed by $0.15 (which is +0.49%) and demonstrated a moving average of 29.92.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 70.46%, a 14-day Stochastic %K score of 79.37% and a 20-day Stochastic %K score of 88.85%. Using a similar metric, PPL Corporation (PPL) shares showed a Stochastic %D of 70.46% over the past 9 days, a Stochastic %D score of 82.77% over the last 14 days, and a 20-day Stochastic %D of 89.53%. Meanwhile, this stock’s MACD Oscillator was 0.04 over the past 9 days, 0.18 over the past two weeks, and 0.50 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $31.01 level. Over the past 12 months, this stock has experienced a high price of $32.46 and a low of $25.30. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

The Vanguard Group Inc sold more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from PPL Corporation (NYSE:PPL) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 52,672,026 shares of the company’s stock following the subtraction of -500,894 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 7.31% stake in PPL Corporation (PPL)’s shares.

Just in the most recent trading day, PPL Corporation (NYSE:PPL) experienced a high price of $31.32 and low point of $30.985. At the end of the last trading session, this stock was at 31.01 per share, following a gain of $0.13, or -0.35% during the full day.