|Bid||0.00 x 200|
|Ask||0.00 x 900|
|Day's range||115.16 - 117.33|
|52-week range||100.49 - 127.22|
|Beta (3Y monthly)||0.25|
|PE ratio (TTM)||N/A|
|Earnings date||25 Feb 2019 - 1 Mar 2019|
|Forward dividend & yield||3.58 (3.19%)|
|1y target est||125.36|
Sempra Energy (SRE), California’s largest utility by market capitalization, has stayed strong in the stock market while other California utilities have tumbled due to recent wildfires. Sempra stock has risen 11% this year, while PG&E (PCG) and Edison International (EIX) have fallen 40% and 10%, respectively. Sempra Energy is one of the fastest-growing utilities in the country, and its Oncor Electric acquisition could boost its earnings growth.
In a bid to expand and reinforce its transmission and distribution network, Sempra Energy (SRE) has decided to support Oncor's plan of investing capital worth $10.5 billion
According to Wall Street analysts, PG&E (PCG) stock has an upside potential of 51% for the next 12 months based on its median target price of $41.4. PG&E’s current market price is $27.46.
Currently, PG&E (PCG) stock is trading at a notable discount compared to its historical average and its peers. The stock is trading at a forward PE multiple of 7x based on analysts’ estimated earnings for the next year. PG&E’s five-year historical average PE multiple is ~20x. Peers’ average PE multiple is close to 15x. Investors could shun PG&E due to uncertainty associated with the company despite the discounted valuation.
All the top institutional investors raised their stakes in Sempra Energy (SRE), California’s biggest utility by market cap, in the third quarter. T. Rowe Price, the biggest institutional investor, bought net ~2.7 million shares of Sempra and took its total stake up to 9.3% at the end of Q3 2018. It sold net 1.8 million shares of Sempra Energy in the second quarter.
Baupost Group, the Boston-based hedge fund run by Seth Klarman, added 14.5 million PG&E shares last quarter, according to the Form 13F the firm filed this week with the U.S. Securities and Exchange Commission. Hound Partners, Viking Global Investors and Appaloosa were also buyers.
PG&E (PCG) stock has lost more than 34% in the last two trading sessions. Rampant wildfires have caused record damages in northern California. PG&E is already facing billions of dollars of liabilities after its equipment was held responsible for igniting wildfires last year.
Sempra Energy's management has shied away from its more diverse background and is concentrating on its more lucrative opportunities.
In the third quarter, Sempra Energy's (SRE) capital expenditures, investments and acquisitions summed $972 million compared with $1,091 million in the year-ago quarter
Sempra Energy (SRE) has surpassed the Zacks Consensus Estimate in two out of the last four quarters with an average positive beat of 2.75%.
PG&E (PCG) stock has an estimated upside of 10% for the next 12 months based on analysts’ median target price of $53.47 and its current market price of $48.71.
PG&E (PCG) stock is trading at a forward PE ratio of 12x based on its estimated earnings for 2019. The company’s five-year historical PE ratio is at 20x. Peers’ average forward PE ratio is ~14x. PG&E stock seems to be trading at a discounted valuation compared to peers and its historical average.
Sempra Energy (SRE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Sempra Energy (SRE) surpassed the Zacks Consensus Estimate for earnings in two of the trailing four quarters, the average beat being 2.75%
The size of Sempra Energy (NYSE:SRE), a US$30.8b large-cap, often attracts investors seeking a reliable investment in the stock market. Risk-averse investors who are attracted to diversified streams of revenue Read More...
Sempra (SRE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Sempra (SRE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
According to Wall Street analysts’ consensus, Xcel Energy (XEL) stock has a median target price of $49.38—compared to its current market price of $48.27, which indicates a potential upside of 2.3% in a year.
NEW YORK, Oct. 12, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.