In Friday’s Wall Street session, PPL Corp (NYSE:PPL) shares traded at $33.89, down -1.43% from the previous session.
PPL stock price is now -3.07% away from the 50-day moving average and 0.60% away from the 200-day moving average. The market capitalization of the company currently stands at $25.05B.
With the price target of $36, BMO Capital Markets recently initiated with Outperform rating for PPL Corp (NYSE: PPL). On October 25, 2024, JP Morgan recently initiated its ‘Overweight’ rating on the stock quoting a target price of $37, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Martin Christine M, President of a PPL Subsidiary sold 306 shares of the company’s stock on May 27 ’25. The stock was sold for $10,704 at an average price of $34.98. Upon completion of the transaction, the President of a PPL Subsidiary now directly owns 36,433 shares in the company, valued at $1.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 27 ’25, SVP-Finance and Treasurer Henninger Tadd J sold 1,076 shares of the business’s stock. A total of $37,638 was realized by selling the stock at an average price of $34.98. This leaves the insider owning 11,259 shares of the company worth $0.38 million. A total of 0.13% of the company’s stock is owned by insiders.
During the past 12 months, PPL Corp has had a low of $27.24 and a high of $36.70. As of last week, the company has a debt-to-equity ratio of 1.21, a current ratio of 0.81, and a quick ratio of 0.68. According to the stock market information, the enterprise value for the company is $42085654528, which is based on a 25.30 price-to-earnings ratio, a 3.41 price-to-earnings-growth ratio, and a beta of 0.67. The fifty day moving average price for PPL is $34.9646 and a two-hundred day moving average price translates $33.6875 for the stock.
The latest earnings results from PPL Corp (NYSE: PPL) was released for 2025-03-31. The net profit margin was 11.45% and return on equity was 7.00% for PPL. The company reported revenue of $2.5 billion for the quarter, compared to $2.3 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.68 percent.
