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What Does PPL Corporation's (NYSE:PPL) Share Price Indicate?

What Does PPL Corporation's (NYSE:PPL) Share Price Indicate?

PPL 公司(纽约证券交易所代码:PPL)的股价表明了什么?
Simply Wall St ·  05/23 03:32

Today we're going to take a look at the well-established PPL Corporation (NYSE:PPL). The company's stock saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. The recent jump in the share price has meant that the company is trading around its 52-week high. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. However, what if the stock is still a bargain? Today we will analyse the most recent data on PPL's outlook and valuation to see if the opportunity still exists.

今天我们将来看看成熟的PPL公司(纽约证券交易所代码:PPL)。在过去的几个月中,该公司的股票在纽约证券交易所的股价上涨了两位数,涨幅超过10%。最近股价的上涨意味着该公司的交易价格接近52周的高点。由于许多分析师都在报道这只大盘股,我们可能预计,任何对价格敏感的公告都已计入该股的股价。但是,如果股票仍然很便宜怎么办?今天,我们将分析有关PPL前景和估值的最新数据,看看机会是否仍然存在。

What's The Opportunity In PPL?

PPL 的机会是什么?

According to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average, the stock currently looks expensive. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 28.89x is currently well-above the industry average of 17.86x, meaning that it is trading at a more expensive price relative to its peers. Another thing to keep in mind is that PPL's share price is quite stable relative to the rest of the market, as indicated by its low beta. This means that if you believe the current share price should move towards the levels of its industry peers over time, a low beta could suggest it is not likely to reach that level anytime soon, and once it's there, it may be hard for it to fall back down into an attractive buying range again.

根据我们的价格倍数模型,将公司的市盈率与行业平均水平进行比较,该股票目前看起来很昂贵。我们在这个例子中使用市盈率是因为没有足够的可见性来预测其现金流。该股的28.89倍比率目前远高于行业平均水平的17.86倍,这意味着与同行相比,其交易价格更昂贵。要记住的另一件事是,PPL的股价相对于其他市场相当稳定,其低贝塔值就表明了这一点。这意味着,如果你认为当前的股价会随着时间的推移向同业的水平,那么低的贝塔值可能表明它不太可能在短期内达到这个水平,一旦达到这个水平,可能很难再次回落到一个有吸引力的买入区间。

Can we expect growth from PPL?

我们能指望PPL的增长吗?

earnings-and-revenue-growth
NYSE:PPL Earnings and Revenue Growth May 22nd 2024
纽约证券交易所:PPL收益和收入增长 2024年5月22日

Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 92% over the next couple of years, the future seems bright for PPL. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

当你考虑买入股票时,未来前景是一个重要的方面,特别是如果你是寻求投资组合增长的投资者。尽管价值投资者会争辩说,最重要的是相对于价格的内在价值,但更有说服力的投资论点是以低廉的价格获得高增长潜力。预计未来几年利润将增长92%,PPL的前景似乎一片光明。看来该股的现金流即将增加,这应该会促进更高的股票估值。

What This Means For You

这对你意味着什么

Are you a shareholder? PPL's optimistic future growth appears to have been factored into the current share price, with shares trading above industry price multiples. However, this brings up another question – is now the right time to sell? If you believe PPL should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.

你是股东吗?PPL乐观的未来增长似乎已被纳入当前股价的因素,股票的交易价格高于行业价格倍数。但是,这又带来了另一个问题——现在是合适的卖出时机吗?如果您认为PPL的交易价格应低于其当前价格,那么高价卖出并在其价格跌至行业市盈率时再次回购可能会有利可图。但是在做出这个决定之前,先看看它的基本面是否发生了变化。

Are you a potential investor? If you've been keeping an eye on PPL for a while, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the optimistic prospect is encouraging for PPL, which means it's worth diving deeper into other factors in order to take advantage of the next price drop.

你是潜在的投资者吗?如果你关注PPL已有一段时间了,那么现在可能不是入股的最佳时机。该价格已经超过了业内同行,这意味着错误定价可能没有更多的上行空间。但是,PPL的乐观前景令人鼓舞,这意味着值得深入研究其他因素,以利用下一次价格下跌的机会。

With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. Every company has risks, and we've spotted 3 warning signs for PPL (of which 2 are a bit unpleasant!) you should know about.

考虑到这一点,除非我们对风险有透彻的了解,否则我们不会考虑投资股票。每家公司都有风险,我们发现了 3 个 PPL 警告信号(其中 2 个有点不愉快!)你应该知道。

If you are no longer interested in PPL, you can use our free platform to see our list of over 50 other stocks with a high growth potential.

如果您不再对PPL感兴趣,可以使用我们的免费平台查看我们列出的其他50多只具有高增长潜力的股票清单。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

译文内容由第三方软件翻译。


以上内容仅用作资讯或教育之目的,不构成与富途相关的任何投资建议。富途竭力但不能保证上述全部内容的真实性、准确性和原创性。
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