What kind of company is PPL?

What kind of company is PPL?

energy company
PPL Corporation is an energy company headquartered in Allentown, Pennsylvania, United States.

What does PPL Corp stand for?

Pennsylvania Power & Light
PPL is born PPL, originally called Pennsylvania Power & Light, was formed on June 4, 1920, when eight utilities merged into one. The company, which had 62 power plants, became a model for the mergers and consolidations that occurred throughout the electric utility industry during the 1920s.

Why is PPL stock price dropping?

PPL Corp. (NYSE:PPL) -8.2% pre-market, potentially opening at a 52-week low, after missing estimates for Q4 earnings and revenues while also slashing its quarterly dividend by more than half to $0.20/share.

What industry is PPL Corporation in?

energy and utility holding company
PPL Corporation is an energy and utility holding company.

Is PPL a buy sell or hold?

PPL has received a consensus rating of Hold. The company’s average rating score is 2.40, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.

Is PPL a good long term stock?

PPL has a long and solid history of dividend payouts. According to The Motley Fool, the dividend payout rate has consistently increased for the last 17 years. Looking at the rate of this increase over the last decade, it has grown in line with the rate of inflation.

What does PPL stand for Pennsylvania?

Pennsylvania Power and Light (PPL) is a local electric utility that provides energy services to approximately 1.4 million customers in 29 different counties throughout Pennsylvania.

What is the future for PPL stock?

Stock Price Forecast The 11 analysts offering 12-month price forecasts for PPL Corp have a median target of 31.00, with a high estimate of 34.00 and a low estimate of 27.00. The median estimate represents a +3.89% increase from the last price of 29.84.

Is PPL a Buy Sell or Hold?

Is PPL dividend sustainable?

PPL’s dividend payout ratio is 172%, which is not sustainable.

What is the cheapest way to power your home?

Natural gas, solar and wind are the cheapest ways to generate electric power, according to a new study released by the University of Texas at Austin’s Energy Institute on Thursday.

Should you buy PPL stock?

Valuation metrics show that PPL Corporation may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of PPL, demonstrate its potential to perform inline with the market. It currently has a Growth Score of F.