Checking the Overall Picture for PPL Corp. (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 $26.74, down from yesterday’s close by -1.00%. 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 $18.74 Billion. That value represents a market adjusting for revenues that have been growing by 8.97 % 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 -$314 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.54 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

It’s important to check the technicals to get a sense of how PPL has been acting. Looking at the stock’s movement on the chart, PPL Corporation recorded a 52-week high of $40.20. It is now trading 13.46% off that level. The stock is trading $27.97 its 50-day moving average by 1.23%. The stock carved out a 52-week low down at $26.88.

In recent action, PPL Corporation (PPL) has made a move of -5.45% 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 15.08, 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 2.57% with $698.83 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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