Portland General Electric Company (POR) Updates FY17 Earnings Guidance

Among 5 analysts covering Portland General Electric (NYSE:POR), 0 have Buy rating, 3 Sell and 2 Hold. The stock's price fluctuated within the range of $28.86 - $29.09 during previous trading session.

A number of equities analysts recently issued reports on GE shares. The stock of Portland General Electric Company (NYSE:POR) earned "Underperform" rating by Bank of America on Tuesday, November 22. Bank of America downgraded Portland General Electric Company (NYSE:POR) on Tuesday, August 2 to "Neutral" rating.

General Electric Company (NYSE:GE) last announced its quarterly earnings results on Friday, April 21st. Finally, Deutsche Bank AG reaffirmed a neutral rating and set a $28.00 price objective on shares of General Electric Company in a research report on Wednesday, April 5th.

Other analysts also recently issued reports about the stock. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Trustees of General Electric Pension Trust purchased a new stake in shares of General Electric Company during the fourth quarter valued at about $1,038,590,000. The stock decreased 0.48% or $0.14 during the last trading session, reaching $28.93.

General Electric Company has PE ratio of 29.40 with a one year low of $28.19 and a one year high of $33.00 and has a market capitalization of $0. The company has market cap of $3.95 billion. The 20-day may be of analytical benefit to a shorter-term trader since it follows the price more closely, and therefore produces less "lag" than the longer-term moving average.

In most recent quarter, LT Debt/Equity ratio was listed at 1.73 and Total Debt/Equity ratio was noted at 0.00. After $0.98 actual EPS reported by Magellan Midstream Partners, L.P. for the previous quarter, Wall Street now forecasts -6.12% negative EPS growth. General Electric Company had a return on equity of 15.99% and a net margin of 6.86%. The firm had revenue of $27.66 billion for the quarter, compared to analyst estimates of $26.37 billion. They expect $0.26 earnings per share, down 49.02% or $0.25 from last year's $0.51 per share.

General Electric Company (NYSE:GE) yearly performance is -0.47%.

General Electric Company (GE) is expected to post revenue of $29.05 Billion in the current quarter, according to consensus of 10 analysts.

Portland General Electric Company (NYSE:POR) has a current Piotroski F-Score of 5. If you are viewing this article on another publication, it was stolen and reposted in violation of U.S. and worldwide copyright law. The stock's average target of $76.93 is 3.62% above today's ($74.24) share price. Following the acquisition, the director now owns 1,000 shares in the company, valued at $29,900. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Several other hedge funds have also added to or reduced their stakes in GE. General Electric Company updated its FY17 guidance to $1.60-1.70 EPS. They are projecting Next Quarter growth of 3.9%.

General Electric Company (NYSE:GE) as of recent trade, has shown weekly downbeat performance of -0.21 percent which was maintained at -3.53 percent in 1-month period. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have given a buy rating to the stock. Blue Bell Private Wealth Management LLC now owns 13,809 shares of the conglomerate's stock worth $410,000 after buying an additional 58 shares during the last quarter. Finally, Signature Financial Management Inc. boosted its stake in General Electric Company by 7.8% in the third quarter. It has five natural gas-fired generating facilities, which include Port Westward Unit 1, Port Westward Unit 2 (PW2), Beaver natural gas-fired generating plant (Beaver), Coyote Springs Unit 1 (Coyote Springs) and Carty natural gas-fired generating plant (Carty).

Recommended News

  • Nervy Man United stumbles into Europa League final

    Nervy Man United stumbles into Europa League final

    After a nine-game European scoring drought, United youngster Marcus Rashford has now scored in back-to-back fixtures . Celta Vigo are in 12th place in La Liga and are looking at Europa League as their best bet for any glory this season.
    Justin Smoak: Smoak's homer, four RBI lead Jays past M's

    Justin Smoak: Smoak's homer, four RBI lead Jays past M's

    Smoak stroked a two-run single to center, and Pearce followed with his fourth home run of the season, a three-run shot to left. De Jong was a Blue Jays draft pick, but was dealt to the Dodgers in 2015 to facilitate the signing of Vladimir Guerrero Jr.
    Jose Mourinho says 'impossible' situation led to Manchester United's Europa League focus

    Jose Mourinho says 'impossible' situation led to Manchester United's Europa League focus

    They were walking the streets with heads low. "I left Highbury, they were crying, I left Emirates, they were crying". Asked what he thought of Arsenal finally tasting victory against him, Mourinho said: "It's a big club".
  • Korea to end 'confrontational' policies as Moon takes office

    China is South Korea's largest trading partner, with the latter exporting up to $142 billion each year to the country. Suga only said Abe told Moon that the agreement should be "appropriately managed", but did not elaborate.

    Trump Vows Peace Push After Meeting Abbas - But Scant Details

    They include the contours of a potential Palestinian state, Jerusalem's status and the question of Palestinian refugees. President Donald Trump is expressing optimism for resumed peace talks between the Palestinians and Israel.

    Market Insights on: Whiting Petroleum Corp (NYSE:WLL)

    After $-0.15 actual EPS reported by Whiting Petroleum Corp for the previous quarter, Wall Street now forecasts 0.00% EPS growth. The company reported the earnings of $-0.15/Share in the last quarter where the estimated EPS by analysts was $-0.22/share.
  • Mother of Texas teen killed by police asks to join lawsuit

    Mother of Texas teen killed by police asks to join lawsuit

    The Edwards family is requesting punitive and exemplary damages "to deter this type of conduct in the future". Oliver, at that point, used his Modern Carbine MC5 patrol rifle to fire into the vehicle , killing Edwards.
    Browns Rookie Peppers Defends Reputation Amid Drug Talk

    Browns Rookie Peppers Defends Reputation Amid Drug Talk

    Pepper, the No. 25 overall pick, isn't about to let the controversy spoil the start of his National Football League career. Absolutely not, never in my life", Peppers said on the first day of rookie minicamp, per Cleveland.com's Mary Kay Cabot .

    Microsoft planning more versatile Windows 10

    Finally, there is also a new " Clipboard " feature, which will also be viewable on Windows and Android/iOS. Although it'll run full apps, Windows 10 S will only allow people to install them from the Windows Store.
  • Acting FBI director says will carry on with Russian probe

    Press Secretary Sean Spicer says "there's no reason to believe he doesn't [have the president's full confidence] at this time ". McCabe also said that the criminal investigation into the Trump campaign continues, and that it is "highly significant".
    Michael Bisping vs. Georges St-Pierre Canceled, Per Dana White

    Michael Bisping vs. Georges St-Pierre Canceled, Per Dana White

    The UFC pushed to have it headline UFC 213, International Fight Week in Las Vegas, but St-Pierre isn't ready to fight that soon. After White didn't follow suit, Silva took himself off the UFC 212 card and endorsed Romero to get the title shot instead.

    Microsoft unveils radically redesigned interface across its entire product line

    With the upcoming Fall entry, Microsoft hopes to build on its vision for Windows, notably to empower the creator in all of us. It uses AI and deep learning to make videos out of your images and video clips or you can make them manually like in iMovie.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.