PCG Stock Summary and Trading Ideas (Pg&E | NYSE:PCG)

PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&E sold its unregulated assets as part of an earlier postbankruptcy reorganization.

Pg&E trades on the NYSE stock market under the symbol PCG.

As of February 6, 2025, PCG stock price declined to $15.60 with 22,041,627 million shares trading.

PCG has a beta of 0.32, meaning it tends to be less sensitive to market movements. PCG has a correlation of 0.03 to the broad based SPY ETF.

PCG has a market cap of $34.22 billion. This is considered a Large Cap stock.

Last quarter Pg&E reported $6 billion in Revenue and $.37 earnings per share. This fell short of revenue expectation by $-669 million and exceeded earnings estimates by $.04.

In the last 3 years, PCG traded as high as $21.72 and as low as $9.64.

The top ETF exchange traded funds that PCG belongs to (by Net Assets): VTI, VOO, VO, XLU, SPY.

PCG has underperformed the market in the last year with a price return of -4.4% while the SPY ETF gained +24.5%. PCG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -22.8% and -5.1%, respectively, while the SPY returned +5.5% and 0.0%, respectively.

PCG support price is $15.39 and resistance is $16.09 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PCG shares will trade within this expected range on the day.