Analyst Ratings for PPL Corp. (PPL)Updated: 2017-07-28
Analysts covering PPL Corp. (NYSE:PPL) have given it a consensus rating of Hold. About 30 days ago, PPL was issued an average rating of Hold.
Of the 18 analysts covering the stock, 4 gave it a buy rating, 0 gave an overweight rating, 14 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
A number of analysts gave price targets for PPL. The most optimistic price target was 42, implying potential capital gains of 10.01 percent. The most pessimistic price target was 37, which equates to a potential downside of -3.09 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 2.04 percent. That number becomes 0.04 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of PPL to grow at a rate of -19.3 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PPL is -0.74.
In the last 52-weeks, PPL has achieved a high of 40.20 and a low of 32.08. The current market price is above the trailing year's low by 19.01 percent, and 5.02 percent below the high. PPL has a P/E ratio of 14.3. Investors typically compare the P/E ratio to a company's peers in the industry. The PPL value stock report compares PPL to some of its peers using value stock charts. The market cap of PPL is $26.04 billion. PPL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.