Just the Facts on PPL Corporation (PPL)

PPL Corporation (PPL) is an interesting player in the Utilities space, with a focus on Electric Utilities. The stock has been active on the tape, currently trading at $27.76, down from yesterday’s close by -0.47%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

PPL Corporation (PPL) currently trades with a market capitalization of $19.43 Billion. That value represents a market adjusting for revenues that have been growing by 5.13 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$585 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.67 on a per share basis this quarter. Perhaps, that suggests something about why 0.14% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, PPL Corporation recorded a 52-week high of $40.20. It is now trading 12.44% off that level. The stock is trading $30.31 its 50-day moving average by 2.55%. The stock carved out a 52-week low down at $27.12.

In recent action, PPL Corporation (PPL) has made a move of -8.86% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 16.68, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.63% with $693.85 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of PPL.

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