PG&E (NYSE:PCG) Issues FY 2025 Earnings Guidance

PG&E (NYSE:PCG) issued an update on its FY 2025 earnings guidance on Saturday morning. The company provided EPS guidance of 1.480-1.520 for the period, compared to the consensus EPS estimate of 1.490. The company issued revenue guidance of -.

PG&E Price Performance

PCG opened at $15.30 on Friday. The business has a fifty day moving average of $17.93 and a 200 day moving average of $19.20. PG&E has a 52-week low of $14.99 and a 52-week high of $21.72. The company has a quick ratio of 0.99, a current ratio of 1.04 and a debt-to-equity ratio of 2.02. The stock has a market cap of $40.00 billion, a P/E ratio of 11.95, a PEG ratio of 1.09 and a beta of 0.99.

PG&E (NYSE:PCG) last posted its quarterly earnings data on Thursday, February 13th. The utilities provider reported $0.31 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.31. The company had revenue of $6.63 billion during the quarter, compared to analysts’ expectations of $7.29 billion. PG&E had a return on equity of 12.51% and a net margin of 11.11%. During the same quarter in the previous year, the business earned $0.47 EPS. As a group, sell-side analysts anticipate that PG&E will post 1.36 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on PCG shares. Morgan Stanley lowered PG&E from an “equal weight” rating to an “underweight” rating and decreased their target price for the company from $20.00 to $16.50 in a research report on Friday. Barclays decreased their target price on PG&E from $24.00 to $23.00 and set an “overweight” rating for the company in a research report on Monday, January 27th. UBS Group decreased their target price on PG&E from $24.00 to $22.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. Mizuho boosted their price target on PG&E from $24.00 to $26.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Finally, BMO Capital Markets initiated coverage on PG&E in a research report on Monday, January 13th. They issued an “outperform” rating and a $21.00 price target for the company. One equities research analyst has rated the stock with a sell rating and ten have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.05.

Insider Buying and Selling

In related news, CEO Patricia K. Poppe sold 55,555 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $20.66, for a total transaction of $1,147,766.30. Following the transaction, the chief executive officer now directly owns 1,460,222 shares in the company, valued at $30,168,186.52. The trade was a 3.67 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.15% of the stock is owned by company insiders.

About PG&E

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.