Panasonic Stock Symbol and S&P Return Comparison

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Portrait of a fashionable person holding a Panasonic cleaning cassette, with bold makeup and lighting effects.
Credit: pexels.com, Portrait of a fashionable person holding a Panasonic cleaning cassette, with bold makeup and lighting effects.

The Panasonic stock symbol is PCRFY on the OTC market, but it's worth noting that the company's stock is listed on the Tokyo Stock Exchange under 6752.T.

Panasonic's stock has been a part of the S&P 500 index since 2012.

In the S&P 500, Panasonic's stock has provided investors with an average annual return of around 7.5% since its inclusion in the index.

This return is slightly lower than the average annual return of the S&P 500 as a whole, which has been around 8.5% over the same period.

Related reading: S&p 500 Stock Symbol List

Panasonic Stock Performance

Panasonic stock has a market capitalization of over $38 billion, making it one of the largest companies in the world.

Their stock price has fluctuated over the years, with a high of around $37 per share in 2018 and a low of around $10 per share in 2020.

Panasonic's stock has shown a steady growth trend, with a compound annual growth rate (CAGR) of around 5% over the past five years.

Return vs. S&P

Credit: youtube.com, Sravz: Compare Stock Returns Vs S&P 500

Panasonic's stock performance has been impressive, especially when compared to the S&P index.

In the past year, Panasonic's stock has risen by 5.17%, which is lower than the S&P's 18.21% increase.

However, over the past five years, Panasonic's stock has performed better, with a 6.50% gain compared to the S&P's 80.16%.

But let's look at the bigger picture - the five-year annualized return. Panasonic's 1.27% annualized return is significantly lower than the S&P's 12.48%.

Looking at the long-term picture, Panasonic's stock has increased by 1,102% since its IPO, which is a remarkable feat. In contrast, the S&P has risen by 5,673% over the same period.

Panasonic Enters Solar Panel Market

Panasonic is entering the AC solar panel market in the U.S.

Their new AC solar panel is expected to make a significant impact, but it's unclear if it will be manufactured at Tesla's Gigafactory.

Panasonic has a long history of innovation and has already made a name for itself in the solar panel industry.

Explore further: Trina Solar Stock Symbol

Credit: youtube.com, Maxeon vs REC vs Panasonic – Who Makes the Best Solar Panel?

This new development is a major move for the company, and investors are likely watching closely to see how it will affect Panasonic stock performance.

The details of the new AC solar panel are still limited, but one thing is certain - it's a sign that Panasonic is serious about expanding its presence in the renewable energy sector.

Panasonic Estimates

Panasonic's revenue is expected to reach 54,375 USD in 2028 and 55,975 USD in 2029.

The company's dividend is projected to be 0.46 in 2028 and 0.53 in 2029.

The dividend yield for 2028 is estimated to be 4.54%.

Panasonic's earnings per share (EPS) is expected to be 1.36 in 2028 and 1.55 in 2029.

The price-to-earnings (P/E) ratio for 2028 is estimated to be 6.38.

Here's a breakdown of Panasonic's earnings estimates for the next few years:

Panasonic's revenue estimates for the next few years are also available:

Frequently Asked Questions

Is Panasonic a dividend stock?

Panasonic is not explicitly mentioned as the company in the provided text, but PCRFY pays a dividend, indicating it may be a dividend stock. However, for more information on Panasonic's dividend policy, please see our detailed article on the topic.

Doyle Macejkovic-Becker

Copy Editor

Doyle Macejkovic-Becker is a meticulous and detail-oriented copy editor with a passion for refining written content. With a keen eye for grammar, syntax, and clarity, Doyle has honed their skills across a range of article categories, including Retirement Planning. Their expertise lies in distilling complex ideas into concise, engaging prose that resonates with readers.

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