Pepco Holdings Inc
On May 2, 2016, Oracle (ORCL) announced the acquisition of Opower (OPWR), a cloud service software provider in the utility space.
Wall Street analysts have given a price target of $26.42 to Pepco. It’s currently trading at $26.39 as of February 18, 2016.
Pepco (POM) is expected to report its 4Q15 earnings on February 26, 2016. POM may have suffered from unfavorable weather conditions during the quarter.
The price-to-earnings ratios of WGL Holdings, FirstEnergy, Pepco Holdings, Atmos Energy, and NiSource are 17.5x, 25.9x, 28.7x, 19.5x, and 22.4x.
Pepco Holdings has a market capitalization of $6.7 billion. The company’s year-to-date price movement has been stable with some downs in 2015.
The plunges in every component sector of the SPDR S&P 500 ETF (SPY) and the volatility might point towards unknown depths of the crisis from the world’s second-largest economy, China.