Portland General Electric Company (NYSE:POR) has a mean price target of $42.88 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.57 a share for the very next quarter and $2.12 for this year.
The technical study of Portland General Electric Co Co demonstrates that the 50-day moving average of Portland General Electric Company (NYSE:POR) stock is $42.82, and is trading $-0.26 points away or -0.61% from 50-day moving average of $42.82. It is trading $1.13 or +2.74% away 200-day moving average of $41.43.
The 52-week high of Portland General Electric Company (NYSE:POR) was $45.21 while $34.97 is the low mark in the same period. It state Portland General Electric Co Co share price has to surge more than $-2.65 to hit 52-week high or drop +21.70% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Portland General Electric Co Co, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Portland General Electric Company (NYSE:POR) ratio came in at 20.51, after dividing current equity price by yearly earnings. Portland General Electric Co Co stock recorded a close of $42.56 in last trading session, registering a market cap of $3.78B.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Portland General Electric Company (NYSE:POR) PEG ratio is at 3.26.
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