PG&E (NYSE:PCG) Updates FY 2025 Earnings Guidance

PG&E (NYSE:PCG) updated its FY 2025 earnings guidance on Saturday. The company provided EPS guidance of 1.480-1.520 for the period, compared to the consensus EPS estimate of 1.490. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. reissued an “overweight” rating and issued a $22.00 price objective on shares of PG&E in a report on Wednesday. Barclays decreased their target price on shares of PG&E from $24.00 to $23.00 and set an “overweight” rating on the stock in a research report on Monday, January 27th. UBS Group decreased their target price on shares of PG&E from $24.00 to $22.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. BMO Capital Markets began coverage on shares of PG&E in a research report on Monday, January 13th. They set an “outperform” rating and a $21.00 price target on the stock. Finally, Morgan Stanley cut shares of PG&E from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $20.00 to $16.50 in a research report on Friday. One analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, PG&E presently has a consensus rating of “Moderate Buy” and an average target price of $22.05.

PG&E Stock Performance

Shares of PCG traded down $0.56 during mid-day trading on Friday, reaching $15.30. 28,221,341 shares of the company’s stock were exchanged, compared to its average volume of 32,168,314. The company has a debt-to-equity ratio of 2.02, a current ratio of 1.04 and a quick ratio of 0.99. The stock has a market capitalization of $40.00 billion, a PE ratio of 11.95, a price-to-earnings-growth ratio of 1.09 and a beta of 0.99. The business’s fifty day simple moving average is $17.93 and its 200-day simple moving average is $19.19. PG&E has a 52-week low of $14.99 and a 52-week high of $21.72.

PG&E (NYSE:PCG) last issued its quarterly earnings results on Thursday, February 13th. The utilities provider reported $0.31 earnings per share for the quarter, hitting the consensus estimate of $0.31. PG&E had a return on equity of 12.51% and a net margin of 11.11%. During the same quarter in the prior year, the firm earned $0.47 earnings per share. On average, equities research analysts expect that PG&E will post 1.36 earnings per share for the current year.

Insider Buying and Selling at PG&E

In related news, CEO Patricia K. Poppe sold 55,555 shares of PG&E stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $20.66, for a total transaction of $1,147,766.30. Following the completion of the sale, the chief executive officer now owns 1,460,222 shares in the company, valued at approximately $30,168,186.52. This trade represents a 3.67 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.15% of the stock is owned by corporate insiders.

PG&E Company Profile

PG&E Corp. operates as a holding company, which engages in generation, transmission, and distribution of electricity and natural gas to customers. It specializes in energy, utility, power, gas, electricity, solar and sustainability. The company was founded in 1995 and is headquartered in Oakland, CA.