Portland General Electric Company (NYSE:POR) went up by 0.66% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Utilities – Regulated Electric giant went up by $41.42 to trade ended Wednesday trading at $41.15. This is up from the $41.15 price recorded on Tuesday’s trading session. Its performance from the start of the year has also been negative, with POR down by -25.76% year-to-date.
Portland General Electric Company (POR) started the day trading at $41.04 and recorded an intraday high of $41.49. It also recorded an intraday low of $40.45 during Wednesday’s trading session. Portland General Electric Company is a very active stock that recorded a trading volume that is less than -20.52% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 602023, which is less than -20.52 of the total average daily trading volume of 725.57K.
Portland General Electric Company (NYSE:POR) 2020 Performance Impressive
The increase in POR’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of POR currently stands at $63.08, which is higher than the current trading price of the stock by 34.34%. However, POR’s current trading price is -9.49% lower than the 52-week low price of $37.83. In terms of trading volume, Portland General Electric Company currently experienced healthy participation during the last trading session. 602023 shares of Portland General Electric Company were traded on the stock exchange on Wednesday, which is less than -20.52% of the 725.57K average trading volume of the stock.
The performance of the stock has been positive over the past year. POR’s performance over the past one year has seen it plunge by -25.42%, while the stock has gone down by -24.92% in the last six months. The quarterly performance of POR currently stands at -15.56%, and it is down by -14.21% in the last month. The only negative figure was from the weekly performance, which currently reads -0.93%. At the time of writing POR’s report, the company has a total market cap of $3.69B, making it one of the largest publicly-traded companies in the world.Portland General Electric Company also has over 2949 employees all over the world.
POR Insider Activities
The insider transactions over the past six months are up by 31.10%.For Portland General Electric Company insiders bought 90,734 shares in 41 transactions. In that same period, insiders sold 22,044 of their shares in 12 transactions. After these transactions, insiders at Portland General Electric Company now hold 407.17k shares, which is over 100.56% of the total company stocks. Institutional investors currently hold a large chunk of the POR shares, as they control 0.46% of the company’s total stock.
POR Fundamental Analysis
For Portland General Electric Company, the stock’s diluted earnings per share (EPS) stands at 2.48. In the coming year, analysts expect the EPS to be 2.59. The EPS growth will up over the next five years to 4.15% after surging by 1.90% in the previous five years. In terms of revenue, Portland General Electric Company’s quarterly sales (YOY) is growing at 0.26, which is lower than the average annual revenue of 1.90% over the past half a decade.
The Return on Investment (ROI) on Portland General Electric Company’s stock currently stands at 6.10%, and it has a net profit margin of 10.50%. The operating margin of the company is 17.70%, and its gross margin is 62.10%.
POR Analysts Prediction
In May 12, 2020, several analysts reiterated their positions on the Portland General Electric Company stock and predicted its performance to their investors. The analysts at Mizuho believe POR is still a Neutral and set the price target between $47 and $44.50. Another analyst that has a Neutral rating for POR is UBS, which set a price target of between $58 and $52.
POR received a positive rating from Mizuho, which set a price target of $52-$59 for the stock.
At the moment, Portland General Electric Company’s Total Debt to Equity ratio stands at 1.06, and they have a long-term Debt to Equity ratio of 0.99.
POR Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of POR currently stands at -4.45%, while the SMA50 is -6.55%. The biggest one is the SMA200, which is currently reading -21.10% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 39.07, while its price to earnings ratio (P/E) is 16.72.