PPL (NYSE:PPL) will post its quarterly earnings results before the market opens on Thursday, February 22nd. Analysts expect PPL to post earnings of $0.48 per share for the quarter.

Shares of PPL (PPL) opened at $30.27 on Thursday. The company has a market cap of $20,840.00, a price-to-earnings ratio of 13.70, a P/E/G ratio of 1.87 and a beta of 0.46. 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 has a 1-year low of $29.20 and a 1-year high of $40.20.

In other PPL news, Chairman Victor A. Staffieri sold 19,524 shares of PPL stock in a transaction on Tuesday, January 23rd. The shares were sold at an average price of $31.60, for a total transaction of $616,958.40. Following the sale, the chairman now owns 29,084 shares of the company’s stock, valued at approximately $919,054.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Joanne H. Raphael sold 5,045 shares of PPL stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $31.60, for a total transaction of $159,422.00. Following the sale, the senior vice president now directly owns 24,080 shares in the company, valued at approximately $760,928. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 44,163 shares of company stock worth $1,395,587. 0.40% of the stock is currently owned by corporate insiders.

Several equities research analysts recently commented on the stock. SunTrust Banks set a $37.00 price target on shares of PPL and gave the stock a “buy” rating in a report on Monday. UBS Group assumed coverage on shares of PPL in a report on Friday, February 2nd. They issued a “buy” rating and a $40.00 price target for the company. ValuEngine lowered shares of PPL from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Royal Bank of Canada reissued a “hold” rating and issued a $33.00 price target on shares of PPL in a report on Thursday, February 1st. Finally, TheStreet lowered shares of PPL from a “b-” rating to a “c+” rating in a report on Thursday, January 18th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the stock. PPL currently has an average rating of “Hold” and an average price target of $37.95.

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PPL 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.

Earnings History for PPL (NYSE:PPL)

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