PPL (PPL) Earns News Impact Rating of 4.56
Press coverage about PPL (NYSE:PPL) has been trending extremely positive this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PPL earned a news sentiment score of 4.56 on their scale. InfoTrie also gave media headlines about the utilities provider an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock’s share price in the near future.
Here are some of the media headlines that may have effected PPL’s ranking:
- JNUSU releases images of visitor’s entry book stating ‘Ram Mandir rally’ as purpose for visit of ppl (business-standard.com)
- PPL operated joint venture discovers gas & condensate in Sindh (dailytimes.com.pk)
- PPL discovers gas, condensate in Sanghar (dawn.com)
- Hydrocarbons: PPL finds new oil, gas deposits in Sindh (tribune.com.pk)
- Archie’s Math to purchase ‘Math Mobile’ with $25K PPL Foundation grant (lancasteronline.com)
A number of equities research analysts have recently commented on the stock. Morgan Stanley increased their target price on shares of PPL from $29.00 to $30.00 and gave the company a “hold” rating in a research report on Tuesday, September 11th. Citigroup assumed coverage on shares of PPL in a research report on Thursday, August 23rd. They issued a “neutral” rating and a $30.00 target price for the company. TheStreet upgraded shares of PPL from a “c+” rating to a “b-” rating in a research report on Tuesday, August 28th. Wells Fargo & Co increased their target price on shares of PPL from $32.00 to $33.00 and gave the company a “market perform” rating in a research report on Monday, September 17th. Finally, Zacks Investment Research upgraded shares of PPL from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a research report on Wednesday, September 12th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. PPL currently has a consensus rating of “Hold” and a consensus target price of $32.80.
PPL (NYSE:PPL) last issued its earnings results on Thursday, November 1st. The utilities provider reported $0.59 EPS for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.03. The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.98 billion. PPL had a net margin of 19.17% and a return on equity of 15.23%. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.56 earnings per share. As a group, equities research analysts predict that PPL will post 2.34 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 2nd. Investors of record on Monday, December 10th will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 5.35%. The ex-dividend date is Friday, December 7th. PPL’s payout ratio is currently 72.89%.
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PPL Company Profile
PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates in three segments: U.K. Regulated, Kentucky Regulated, and Pennsylvania Regulated. It serves 411,000 electric and 326,000 natural gas customers in Louisville and adjacent areas in Kentucky; 525,000 customers in central, southeastern, and western Kentucky; and approximately 28,000 customers in 5 counties in southwestern Virginia, and 3 customers in Tennessee.
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