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PPL

PPLNYSE:PPL Stock Report

Market Cap

US$21.5b

7D

1.7%

1Y

0.2%

Updated

03 Dec, 2021

Data

Company Financials +
PPL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance2/6
Financial Health3/6
Dividends5/6

PPL Stock Overview

PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom.

PPL Competitors

Duke Energy

NYSE:DUK

US$76.8b

Southern

NYSE:SO

US$66.6b

American Electric Power Company

NasdaqGS:AEP

US$41.5b

Xcel Energy

NasdaqGS:XEL

US$35.1b

Price History & Performance

Summary of all time highs, changes and price drops for PPL
Historical stock prices
Current Share PriceUS$28.66
52 Week HighUS$30.72
52 Week LowUS$26.15
Beta0.77
1 Month Change-2.22%
3 Month Change-4.75%
1 Year Change0.18%
3 Year Change-7.82%
5 Year Change-14.47%
Change since IPO166.61%

Recent News & Updates

Nov 25
PPL (NYSE:PPL) Is Due To Pay A Dividend Of US$0.41

PPL (NYSE:PPL) Is Due To Pay A Dividend Of US$0.41

The board of PPL Corporation ( NYSE:PPL ) has announced that it will pay a dividend of US$0.41 per share on the 3rd of...

Nov 01
Are Investors Undervaluing PPL Corporation (NYSE:PPL) By 41%?

Are Investors Undervaluing PPL Corporation (NYSE:PPL) By 41%?

Does the November share price for PPL Corporation ( NYSE:PPL ) reflect what it's really worth? Today, we will estimate...

Oct 17
PPL (NYSE:PPL) Has A Somewhat Strained Balance Sheet

PPL (NYSE:PPL) Has A Somewhat Strained Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Oct 01
The Returns At PPL (NYSE:PPL) Aren't Growing

The Returns At PPL (NYSE:PPL) Aren't Growing

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...

Shareholder Returns

PPLUS Electric UtilitiesUS Market
7D1.7%0.8%-2.7%
1Y0.2%9.8%16.6%

Return vs Industry: PPL underperformed the US Electric Utilities industry which returned 8.4% over the past year.

Return vs Market: PPL underperformed the US Market which returned 19.4% over the past year.

Price Volatility

Is PPL's price volatile compared to industry and market?
PPL volatility
PPL Average Weekly Movement1.9%
Electric Utilities Industry Average Movement2.8%
Market Average Movement6.1%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: PPL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: PPL's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192012,318Vince Sorgihttps://www.pplweb.com

PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through three segments: U.K. Regulated, Kentucky Regulated, and Pennsylvania Regulated.

PPL Fundamentals Summary

How do PPL's earnings and revenue compare to its market cap?
PPL fundamental statistics
Market CapUS$21.52b
Earnings (TTM)US$870.00m
Revenue (TTM)US$7.80b

24.7x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PPL income statement (TTM)
RevenueUS$7.80b
Cost of RevenueUS$3.37b
Gross ProfitUS$4.43b
ExpensesUS$3.56b
EarningsUS$870.00m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.16
Gross Margin56.82%
Net Profit Margin11.15%
Debt/Equity Ratio77.0%

How did PPL perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

147%

Payout Ratio

Does PPL pay a reliable dividends?

See PPL dividend history and benchmarks
When do you need to buy PPL by to receive an upcoming dividend?
PPL dividend dates
Ex Dividend DateDec 09 2021
Dividend Pay DateJan 03 2022
Days until Ex dividend4 days
Days until Dividend pay date29 days

Does PPL pay a reliable dividends?

See PPL dividend history and benchmarks

Valuation

Is PPL undervalued compared to its fair value and its price relative to the market?

17.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PPL ($28.66) is trading below our estimate of fair value ($34.6)

Significantly Below Fair Value: PPL is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: PPL is poor value based on its PE Ratio (24.7x) compared to the US Electric Utilities industry average (21.1x).

PE vs Market: PPL is poor value based on its PE Ratio (24.7x) compared to the US market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: PPL is poor value based on its PEG Ratio (8.6x)


Price to Book Ratio

PB vs Industry: PPL is good value based on its PB Ratio (1.5x) compared to the US Electric Utilities industry average (1.8x).


Future Growth

How is PPL forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

2.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PPL's forecast earnings growth (2.9% per year) is above the savings rate (2%).

Earnings vs Market: PPL's earnings (2.9% per year) are forecast to grow slower than the US market (14.1% per year).

High Growth Earnings: PPL's earnings are forecast to grow, but not significantly.

Revenue vs Market: PPL's revenue (3.7% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: PPL's revenue (3.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PPL's Return on Equity is forecast to be low in 3 years time (9.7%).


Past Performance

How has PPL performed over the past 5 years?

-8.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PPL has high quality earnings.

Growing Profit Margin: PPL's current net profit margins (11.2%) are lower than last year (13.9%).


Past Earnings Growth Analysis

Earnings Trend: PPL's earnings have declined by 8.7% per year over the past 5 years.

Accelerating Growth: PPL's earnings growth over the past year (3.7%) exceeds its 5-year average (-8.7% per year).

Earnings vs Industry: PPL earnings growth over the past year (3.7%) underperformed the Electric Utilities industry 3.7%.


Return on Equity

High ROE: PPL's Return on Equity (6%) is considered low.


Financial Health

How is PPL's financial position?


Financial Position Analysis

Short Term Liabilities: PPL's short term assets ($6.1B) exceed its short term liabilities ($2.3B).

Long Term Liabilities: PPL's short term assets ($6.1B) do not cover its long term liabilities ($17.3B).


Debt to Equity History and Analysis

Debt Level: PPL's net debt to equity ratio (44.3%) is considered high.

Reducing Debt: PPL's debt to equity ratio has reduced from 193.3% to 77% over the past 5 years.

Debt Coverage: PPL's debt is well covered by operating cash flow (22.1%).

Interest Coverage: PPL's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


Dividend

What is PPL current dividend yield, its reliability and sustainability?

5.79%

Current Dividend Yield


Upcoming Dividend Payment

TodayDec 04 2021Ex Dividend DateDec 09 2021Dividend Pay DateJan 03 202225 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: PPL's dividend (5.79%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: PPL's dividend (5.79%) is in the top 25% of dividend payers in the US market (3.61%)


Stability and Growth of Payments

Stable Dividend: PPL's dividends per share have been stable in the past 10 years.

Growing Dividend: PPL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (146.7%), PPL's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PPL's dividends in 3 years are forecast to be covered by earnings (66.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Vince Sorgi (49 yo)

1.5yrs

Tenure

US$7,774,443

Compensation

Mr. Vincent Sorgi, also known as Vince, has been the Chief Executive Officer at PPL Corporation since June 01, 2020 and has been its Director since May 13, 2020. He has been President of PPL Corporation si...


CEO Compensation Analysis

Compensation vs Market: Vince's total compensation ($USD7.77M) is below average for companies of similar size in the US market ($USD11.16M).

Compensation vs Earnings: Vince's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: PPL's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: PPL's board of directors are considered experienced (5.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PPL Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: PPL Corporation
  • Ticker: PPL
  • Exchange: NYSE
  • Founded: 1920
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: US$21.516b
  • Shares outstanding: 750.72m
  • Website: https://www.pplweb.com

Number of Employees


Location

  • PPL Corporation
  • Two North Ninth Street
  • Allentown
  • Pennsylvania
  • 18101-1179
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/03 23:53
End of Day Share Price2021/12/03 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.