Somewhat Favorable News Coverage Somewhat Unlikely to Impact PPL (PPL) Stock Price

News articles about PPL (NYSE:PPL) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PPL earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 46.599242770353 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media stories that may have effected Accern Sentiment’s scoring:

PPL has been the topic of a number of recent analyst reports. Canaccord Genuity reissued a “buy” rating and set a $48.00 price target on shares of PPL in a research report on Thursday, November 30th. ValuEngine lowered shares of PPL from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. SunTrust Banks restated a “buy” rating and set a $42.00 price objective on shares of PPL in a report on Tuesday, December 26th. Zacks Investment Research lowered shares of PPL from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Finally, UBS Group initiated coverage on shares of PPL in a report on Friday, February 2nd. They set a “buy” rating and a $40.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $37.50.

Shares of PPL (NYSE PPL) traded up $0.35 during trading hours on Monday, hitting $27.89. 6,683,662 shares of the company were exchanged, compared to its average volume of 6,650,000. PPL has a fifty-two week low of $27.12 and a fifty-two week high of $40.20. The company has a current ratio of 0.57, a quick ratio of 0.49 and a debt-to-equity ratio of 1.84. The firm has a market capitalization of $19,360.00, a price-to-earnings ratio of 13.22, a price-to-earnings-growth ratio of 1.98 and a beta of 0.54.

PPL (NYSE:PPL) last issued its quarterly earnings data on Thursday, February 22nd. The utilities provider reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.07. PPL had a net margin of 15.15% and a return on equity of 14.75%. The business had revenue of $1.93 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same period last year, the business posted $0.60 earnings per share. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. equities analysts predict that PPL will post 2.32 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 2nd. Shareholders of record on Friday, March 9th will be paid a $0.41 dividend. This is a positive change from PPL’s previous quarterly dividend of $0.40. This represents a $1.64 annualized dividend and a yield of 5.88%. The ex-dividend date is Thursday, March 8th. PPL’s payout ratio is presently 77.73%.

In other PPL news, insider Gregory N. Dudkin sold 9,320 shares of PPL stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $31.67, for a total value of $295,164.40. Following the sale, the insider now directly owns 25,940 shares in the company, valued at approximately $821,519.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 completion of the sale, the chairman now owns 29,084 shares in the company, valued at $919,054.40. The disclosure for this sale can be found here. Insiders sold a total of 52,978 shares of company stock worth $1,652,939 over the last quarter. Company insiders own 0.40% of the company’s stock.

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About PPL

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.

Insider Buying and Selling by Quarter for PPL (NYSE:PPL)

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