Portland General Electric Company Profile Portland General Electric Company is an electric utility that is engaged in the wholesale purchase, transmission, distribution and retail sale of electricity in the State of Oregon.
Foundry Partners LLC owned about 0.29% of Portland General Electric Company worth $11,395,000 as of its most recent filing with the SEC.
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Portland General Electric Company has a one year low of $37.77 and a one year high of $46.05.
TRADEMARK VIOLATION WARNING: “Foundry Partners LLC Buys 8,168 Shares of Portland General Electric Company (POR)” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem.
General Electric Company Beats Q1 Earnings, GE Stock Has 20% Upside
Is now the time to bet on General Electric Company (NYSE: GE ) and GE stock?
General Electric posted net earnings of $619 million (7 cents per share) that compared well to last year’s loss of 61 cents (-1 cent per share).
Looking ahead, not only did GE affirm its industrial operating and verticals EPS outlook for 2017, the company said it expects cash flows to improve throughout the year.
GE stock, which is currently priced at just 16 times fiscal 2018 estimates of $1.90 per share, looks like a solid bargain.
If you apply a reasonable multiple of 18 to those estimates, General Electric’s fair value points to $36, calling for 20% returns.
RewindIn Q1 2011, GE reported revenue of $38.4 billion and EBIT of $4.8 billion, which implies an operating margin of 12.5%.
(Source: 4-traders.com)One year later, quarterly revenue fell to $35.1 billion, but reported EBIT rose on a comparable basis, yielding a respectable operating margin of about 14.2%.
So watch closely its EBIT margin – a key value driver for shareholders.
As the table below shows, reported EPS was in negative territory in Q1 2015 and Q1 2016 on a reported, unadjusted basis, while revenues were down year on year.
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