Skip to main content

Trade-Ideas LLC identified Portland General Electric ( POR) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Portland General Electric as such a stock due to the following factors:

  • POR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $25.1 million.
  • POR has traded 101,346 shares today.
  • POR is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in POR with the Ticky from Trade-Ideas. See the FREE profile for POR NOW at Trade-Ideas

More details on POR: Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The stock currently has a dividend yield of 3.2%. POR has a PE ratio of 19. Currently there are 2 analysts that rate Portland General Electric a buy, 2 analysts rate it a sell, and 5 rate it a hold. The average volume for Portland General Electric has been 743,600 shares per day over the past 30 days. Portland General Electric has a market cap of $3.6 billion and is part of the utilities sector and utilities industry. The stock has a beta of 0.33 and a short float of 2.6% with 3.79 days to cover. Shares are up 12.3% year-to-date as of the close of trading on Tuesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Scroll to Continue

TheStreet Recommends

Analysis:

TheStreet Quant Ratings

rates Portland General Electric as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Highlights from the ratings report include:

  • The stock has not only risen over the past year, it has done so at a faster pace than the S&P 500, reflecting the earnings growth and other positive factors similar to those we have cited here. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • The net income growth from the same quarter one year ago has greatly exceeded that of the S&P 500, but is less than that of the Electric Utilities industry average. The net income increased by 18.6% when compared to the same quarter one year prior, going from $43.00 million to $51.00 million.
  • Net operating cash flow has significantly increased by 73.33% to $78.00 million when compared to the same quarter last year. In addition, PORTLAND GENERAL ELECTRIC CO has also vastly surpassed the industry average cash flow growth rate of -5.09%.
  • The debt-to-equity ratio is somewhat low, currently at 0.98, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Even though the company has a strong debt-to-equity ratio, the quick ratio of 0.26 is very weak and demonstrates a lack of ability to pay short-term obligations.
  • Regardless of the drop in revenue, the company managed to outperform against the industry average of 7.8%. Since the same quarter one year prior, revenues slightly dropped by 0.2%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.