PG&E Corp (PCG-N)
NYSE:PCG
17.09
0.11
(0.64%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 7 opinions in the last 12 months.
PG&E Corp has experienced significant turbulence recently, particularly due to its association with the LA fires, leading to a dramatic drop in its stock value, down 22.45% last month. Despite this setback, experts view this decline as a potential buying opportunity, with speculation of improved growth under new leadership and positive prospects for the company's earnings per share (EPS) growth. The social media buzz around the stock has skyrocketed by 1400% in the past 24 hours, indicating rising interest among investors. As a regulated utility, PG&E boasts a cheap price-to-earnings (PE) ratio and is considered defensively attractive by experts who suggest that it may perform well regardless of future interest rate fluctuations. Additionally, the potential for dividend increases adds to its appeal as a stable investment option amidst recent challenges.
One of the biggest losers on the S&P in January. Hurt by the LA fires. Down 22.45% last month, making it dirt cheap now.
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. Social media mentions are up 1400% in the past 24h.
Has tumbled 15% since the LA fires started. Is a buying opportunity.
Is good to own with our without rate cuts.
Has data centres and EVs in California. Cheap at 15x PE. As a regulated utility, they will see 10% EPS growth and likely raise their dividend.
A turnaround story, improving under a new CEO. The growth recovery has been rocky but execution is sound. Their growth targets are impressive. Shares have rallied from $10 to $18 in recent years.
A defensive play. Buy on a correction.
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.
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.
They report Thursday. Shares have been climbing during the divestiture of the Fire Victims Trust.
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.
PG&E Corp(PCG-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 6
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 7
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, 7 stock analysts published opinions about PCG-N. 6 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?
7 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 2025-03-19, PG&E Corp (PCG-N) stock closed at a price of $17.09.
Is a utility that's blamed for the LA fires (wrongly), and shares are punished. He's sticking with it.