Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

PG&E Corp (PCG-N) has been through a rough patch, including bankruptcy in 2019, but is now showing signs of turnaround with a new CEO. They are reporting consistent earnings growth and have won a court case allowing them to continue operating a nuclear power plant. Recent pullback in the stock price is seen as a buying opportunity, especially with the positive impact of recent rain on their hydroelectric dam.

Consensus
Turnaround
Valuation
Undervalued
BUY ON WEAKNESS
PG&E Corp

A defensive play. Buy on a correction.

electrical utilities
PARTIAL BUY
PG&E Corp

A great CEO and a name he's recommended before. They don't pay a dividend, but they could start paying one if they get a rate increase approved. This has rebounded hard from its lows in a beaten-up utilities sector.

electrical utilities
BUY ON WEAKNESS
PG&E Corp

A turnaround story to watch. This utility used to be the worst operator--inconsistent numbers, starting wildfires and declared bankruptcy in 2019, but emerged from that in 2022. Now have a new CEO who is turning around the company. Reported a decent quarter in late-February, reiterated their full-year forecast, saw 10% earnings growth in 2022 and showed equal that this year. PCG is more consistent now. Are guiding 10% quarterly earnings growth in 2024 and 9% in 2025 and 2026. Will not issue any new stock through 2024. Won in court in California that will allow them keep running a nuclear power plant. Meanwhile, all the recent rain has been a boom to their hydroelectric dam. However, given a lawsuit a fire victims' trust has been selling huge blocks of shares. Good news is that this trust is no longer the top shareholder. This recent pullback is a buy.

electrical utilities
BUY
PG&E Corp

They report Thursday. Shares have been climbing during the divestiture of the Fire Victims Trust.

electrical utilities
BUY
PG&E Corp
Up 31% this year and one of the best performing stocks on 2022. PCG used to be a horrible operator (wildfires, lawsuits, bankruptcy). However, new managers have put up strong performance. A turnaround story.
electrical utilities
DON'T BUY
PG&E Corp

Their equipment was linked to the wildfires in California last year. It has always been at a discount to the group and it was due to poor safety and reliability figures. This is not their first time being in hot water. He does not want to be involved with these companies. He prefers SRE-N for California utilities.

electrical utilities
PAST TOP PICK
PG&E Corp
(A Top Pick June 10/04. Up 6%.) Not a lot of risks with this stock.Will introduce a dividend in 05.
electrical utilities
PAST TOP PICK
PG&E Corp
(A Top Pick June 10/04. Then: $28.30) Stock is going higher than it is now.
electrical utilities
TOP PICK
PG&E Corp
Right now it is a turn-around point for the company. They clean up their books and issue new dividend.
electrical utilities
TOP PICK
PG&E Corp
Came out of bankruptcy on April 12. California has taken a lot of debt off their balance sheet so it is coming out with a clean balance sheet. Potential share buyback.
electrical utilities
Showing 1 to 10 of 10 entries
  • «
  • 1
  • »

PG&E Corp(PCG-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for PG&E Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

PG&E Corp(PCG-N) Frequently Asked Questions

What is PG&E Corp stock symbol?

PG&E Corp is a American stock, trading under the symbol PCG-N on the New York Stock Exchange (PCG). It is usually referred to as NYSE:PCG or PCG-N

Is PG&E Corp a buy or a sell?

In the last year, 4 stock analysts published opinions about PCG-N. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for PG&E Corp.

Is PG&E Corp a good investment or a top pick?

PG&E Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for PG&E Corp.

Why is PG&E Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is PG&E Corp worth watching?

4 stock analysts on Stockchase covered PG&E Corp In the last year. It is a trending stock that is worth watching.

What is PG&E Corp stock price?

On 2024-04-12, PG&E Corp (PCG-N) stock closed at a price of $16.6.