Portland General Electric Co (NYSE: POR) has reported earnings for its third fiscal quarter (ending September 30) of $0.91 versus $0.47 for the same period a year ago — an increase of 94%. For the latest four quarters through September 30, E.P.S. were $3.36 versus $2.22 for the same period a year ago — an increase of 51%.
Recent Price Action
Portland General Electric Co (NYSE: POR) stock closed at $48.34 on 10/25/24 after a slight decline of -1.0%. Moreover, trading volume in this decline was unusually high at 170% of normal. The stock is unchanged during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
POR’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Portland General Electric has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Portland General Electric has a slightly positive Appreciation Score of 69 and a good Power Rating of 80, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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