PPL Corporation (PPL) Earning Somewhat Positive Media Coverage, Study Finds
Press coverage about PPL Corporation (NYSE:PPL) has been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PPL Corporation earned a news sentiment score of 0.03 on Accern’s scale. Accern also gave media stories about the utilities provider an impact score of 48.0681313452232 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- Americafirst Capital Management, Llc Buys Sysco Corp, Exelon Corp, Thermo Fisher Scientific … (nasdaq.com)
- PPL To Pay Quarterly Stock Dividend Jan. 2 – PR Newswire – PR Newswire (press release) (prnewswire.com)
- PPL Corporation (PPL) Declares Quarterly Dividend of $0.40 (americanbankingnews.com)
- PPL : Utility Companies Partner to Put an End to Scams (4-traders.com)
Several analysts have weighed in on the company. KeyCorp reiterated a “hold” rating on shares of PPL Corporation in a research report on Friday, October 20th. Zacks Investment Research downgraded PPL Corporation from a “hold” rating to a “sell” rating in a report on Friday, October 13th. SunTrust Banks, Inc. assumed coverage on PPL Corporation in a report on Tuesday, October 10th. They set a “buy” rating and a $43.00 target price for the company. ValuEngine upgraded PPL Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, BidaskClub upgraded PPL Corporation from a “sell” rating to a “hold” rating in a report on Friday, August 18th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $39.50.
Shares of PPL Corporation (PPL) opened at $36.26 on Friday. The firm has a market capitalization of $24,963.70, a price-to-earnings ratio of 15.77, a P/E/G ratio of 2.78 and a beta of 0.49. PPL Corporation has a 12 month low of $32.67 and a 12 month high of $40.20. The company has a quick ratio of 0.48, a current ratio of 0.56 and a debt-to-equity ratio of 1.79.
PPL Corporation (NYSE:PPL) last issued its quarterly earnings results on Wednesday, November 1st. The utilities provider reported $0.56 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.03. The company had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $2.03 billion. PPL Corporation had a return on equity of 15.30% and a net margin of 20.60%. The firm’s revenue for the quarter was down 2.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.63 earnings per share. analysts predict that PPL Corporation will post 2.17 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 8th will be paid a $0.395 dividend. This represents a $1.58 annualized dividend and a yield of 4.36%. PPL Corporation’s payout ratio is 71.49%.
In related news, SVP Joanne H. Raphael sold 35,651 shares of the company’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $39.50, for a total value of $1,408,214.50. Following the sale, the senior vice president now directly owns 52,450 shares of the company’s stock, valued at $2,071,775. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.40% of the stock is owned by corporate insiders.
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PPL Corporation Company Profile
PPL Corporation (PPL) is a utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky, and generates electricity from power plants in Kentucky. PPL operates through U.K.
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