Portland General Electric Co (NYSE: POR) has reported earnings for its second fiscal quarter (ending June 30) of $0.69 versus $0.39 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $2.92 versus $2.41 for the same period a year ago.
Recent Price Action
Portland General Electric Co (NYSE: POR) stock closed at $47.42 on 7/26/24 after a slight decline of -0.9%. Moreover, above average trading volume at 145% of normal accompanied the decline. The stock has risen 1.8% during the last week and has performed in line with 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 C (High Neutral). 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 70 and a neutral Power Rating of 49, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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