PCQ

PIMCO California Municipal Income Fund [PCQ] Stock Forecast

Buy or Sell ? Support and Resistance

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RSI : 000

PCQ Stock Summary

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In the News

11:16 29 Mar 2024 PCQ

PCQ: One Year Later, A Vastly Different Story Can Be Told

PIMCO California Municipal Income Fund previously traded at a high premium but now has a double-digit discount to NAV, making it a more attractive investment option. The supply of new municipal bonds has decreased, creating a favorable market dynamic for funds like PCQ. California's improving revenue and the expectation of a steepening yield curve in 2024 are positive factors for PCQ's performance.

08:49 29 Mar 2024 PCQ

PCQ: Not Impressed By Recent Momentum, Cautious Outlook Remains

This article evaluates the PIMCO California Municipal Income Fund as a potential investment option at its current market price. Despite recent gains in PCQ, the prudent course here is to remain cautious. California's budget and finances are more sensitive to economic trends, given its tax structure that relies heavily on high net worth individuals.

07:00 29 Mar 2024 PCQ

PIMCO Muni CEFs (Finally) Re-Rate For The New Environment

PIMCO finally did it. They chopped the muni CEF distribution by up to 45%. PCQ was the biggest risk as it was trading at a ridiculous 45% premium to NAV going into the cut.

10:18 29 Mar 2024 PCQ

PIMCO California Muni CEFs Teach A Lesson On Valuation

PIMCO California muni funds teach a lesson on CEF valuation. The most expensive fund declined by the most after the cut.

08:02 29 Mar 2024 PCQ

Weekly Closed-End Fund Roundup: January 8, 2023

21 out of 22 CEF sectors were positive on price and 20 out of 22 sectors were positive on NAV last week. MLPs are the most discounted CEF sector.

12:58 29 Mar 2024 PCQ

Weekly Closed-End Fund Roundup: PIMCO Muni CEF Distribution Cuts (January 1, 2023)

3 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. PIMCO muni CEFs cut.

11:56 29 Mar 2024 PCQ

PCQ: A Lesson In Managing Distribution Stability Risk

PIMCO greeted the start of the year with massive distribution cuts across their Muni closed-end fund suite. We take another look at PIMCO California Municipal Income Fund, which nearly halved its distribution, to see what carryover lessons this carries for CEF investing.

07:50 29 Mar 2024 PCQ

PCQ: It Looks Like A Sell To Me

Municipal bonds from the state of California generally pique my interest for a number of reasons. Simply, I am bullish on the sector in 2023. Even with that backdrop, PCQ does not entice me. The premium to NAV the fund trades at is astronomical and could set investors up for heavy losses.

12:59 29 Mar 2024 PCQ

Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)

12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

11:37 29 Mar 2024 PCQ

PCQ: 2 Years Later And This Fund Remains Grossly Overpriced

PCQ remains one of the most expensive PIMCO offerings within the CEF family. As has been the case for a while, this is hard to justify. PCQ's sister funds have much smaller premiums to NAV, so one would be hard-pressed to find a buy case for PCQ at these levels.

PCQ Financial details

Company Rating
Buy
Market Cap
176.87M
Income
23.24M
Revenue
15.66M
Book val./share
16.45
Cash/share
0.13
Dividend
0.43
Dividend %
4.6%
Employees
-
Optionable
No
Shortable
Yes
Earnings
-
P/E
-3.32
Forward P/E
-
PEG
0.23
P/S
-3.31
P/B
0.91
P/C
72
P/FCF
2.6
Quick Ratio
3.21
Current Ratio
3.21
Debt / Equity
0.11
LT Debt / Equity
0.11
-
-
EPS (TTM)
1.22
EPS next Y
-
EPS next Q
1.58
EPS this Y
-126.41%
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
-17.48%
Revenue last 5Y
-22.95%
Revenue Q/Q
-48%
EPS Q/Q
15.38%
-
-
-
-
SMA20
-2.51%
SMA50
0.54%
SMA100
10.82%
Inst Own
13.16%
Inst Trans
0.86%
ROA
-15%
ROE
-18%
ROC
-0.15%
Gross Margin
100%
Oper. Margin
98%
Profit Margin
100%
Payout
-31%
Shs Outstand
18.96M
Shs Float
18.93M
-
-
-
-
Target Price
-
52W Range
8.19-10.5
52W High
-6.4%
52W Low
+17%
RSI
44.73
Rel Volume
1.44
Avg Volume
69.99K
Volume
100.7K
Perf Week
0.54%
Perf Month
-1.06%
Perf Quarter
12.1%
Perf Half Y
10.9%
-
-
-
-
Beta
0.402
-
-
Volatility
0.02%, 0.11%
Prev Close
0.43%
Price
9.36
Change
0.43%

PCQ Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric History 2019-12-312020-12-312021-12-312022-12-31 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
1.970.950.6-2.830.53
Net income per share
1.960.940.59-2.841.12
Operating cash flow per share
1.412.480.523.60.58
Free cash flow per share
1.412.480.523.60.58
Cash per share
0.340.480.150.180.13
Book value per share
20.7520.7620.8310.3116.45
Tangible book value per share
20.7520.7620.8310.3116.45
Share holders equity per share
20.7520.7620.8310.3116.45
Interest debt per share
4.672.933.170.681.9
Market cap
371.36M337.92M345.14M285.83M176.9M
Enterprise value
456.29M391.74M403.46M297.52M211.4M
P/E ratio
10.1219.1731.68-5.318.31
Price to sales ratio
10.0718.8530.91-5.3217.67
POCF ratio
14.117.2435.634.1816.16
PFCF ratio
14.117.2435.634.1816.16
P/B Ratio
0.960.870.891.460.57
PTB ratio
0.960.870.891.460.57
EV to sales
12.3821.8536.13-5.5421.11
Enterprise value over EBITDA
12.0920.6837.03-5.649.24
EV to operating cash flow
17.338.3941.654.3519.31
EV to free cash flow
17.338.3941.654.3519.31
Earnings yield
0.10.050.03-0.190.12
Free cash flow yield
0.070.140.030.240.06
Debt to equity
0.220.140.150.060.11
Debt to assets
0.170.110.120.030.1
Net debt to EBITDA
2.252.845.35-0.221.51
Current ratio
3.984.234.223.210
Interest coverage
15.2914.9417.21-47.114.43
Income quality
0.722.650.89-1.270.51
Dividend Yield
0.050.050.040.060.09
Payout ratio
0.530.891.3-0.310.73
Sales general and administrative to revenue
00.010.0200.02
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
30.2720.9316.5825.6620.37
ROIC
0.080.04-0.01-0.320.07
Return on tangible assets
0.070.040.02-0.150.06
Graham Net
-5.32-3.82-4.45-7.99-1.58
Working capital
4.41M3.98M3.96M3.08M-818K
Tangible asset value
388.02M390.19M386.95M195.46M312.21M
Net current asset value
-110.49M-79.56M-84.29M-153.87M-35.69M
Invested capital
0.220.140.150.060.11
Average receivables
6.39M5.55M5.2M4.83M4.36M
Average payables
1.48M1.35M1.23M1.31M1.11M
Average inventory
6.11M6.11M0.500
Days sales outstanding
58.28106169.8-30.38154.91
Days payables outstanding
175.32139.67140.53186.93115.59
Days of inventory on hand
1.45K0000
Receivables turnover
6.263.442.15-12.012.36
Payables turnover
2.082.612.61.953.16
Inventory turnover
0.253.22M000
ROE
0.090.050.03-0.280.07
Capex per share
00000

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric History 2022-09-302022-12-312023-03-312023-06-30 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.20.110.190.350.18
Net income per share
-0.09-0.070.170.520.6
Operating cash flow per share
0.860.020.210.290.29
Free cash flow per share
0.860.020.210.290.29
Cash per share
00.1800.070.13
Book value per share
16.6710.3116.810.4416.45
Tangible book value per share
16.6710.3116.810.4416.45
Share holders equity per share
16.6710.3116.810.4416.45
Interest debt per share
1.280.651.280.651.86
Market cap
262.7M285.83M191.3M185.98M176.9M
Enterprise value
262.7M297.52M191.3M197.69M211.4M
P/E ratio
-36.65-53.9314.64.693.89
Price to sales ratio
68.78142.8452.4928.2351.64
POCF ratio
16.03704.0248.4534.1132.18
PFCF ratio
16.03704.0248.4534.1132.18
P/B Ratio
0.831.460.60.940.57
PTB ratio
0.831.460.60.940.57
EV to sales
68.78148.6952.4930.0161.7
Enterprise value over EBITDA
-52.9-448.07709.8318.617.26
EV to operating cash flow
16.03732.848.4536.2638.46
EV to free cash flow
16.03732.848.4536.2638.46
Earnings yield
-0.0100.020.050.06
Free cash flow yield
0.0600.020.030.03
Debt to equity
0.080.060.080.060.11
Debt to assets
0.070.030.070.030.1
Net debt to EBITDA
0-17.601.12.82
Current ratio
0.63.210.455.440
Interest coverage
0-1015.0313.95
Income quality
-24.74-0.310.80.550.48
Dividend Yield
0.020.030.020.040.04
Payout ratio
-2.64-7.131.210.80.68
Sales general and administrative to revenue
0.170.320.180.10
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
5.954.028.0811.0814.89
ROIC
-0.04-0.010.010.040.04
Return on tangible assets
-0.0100.010.030.03
Graham Net
-1.8-7.99-1.78-8.07-1.58
Working capital
-5.23M3.08M-6.87M3.58M-818K
Tangible asset value
316.25M195.46M318.79M198.04M312.21M
Net current asset value
-29.65M-153.87M-31.28M-153.37M-35.69M
Invested capital
0.080.060.080.060.11
Average receivables
5.35M4.47M4.43M4.38M0
Average payables
4.27M697K697K403K0
Average inventory
00000
Days sales outstanding
105.35201.09108.2659.89111.65
Days payables outstanding
097.18056.8156.37
Days of inventory on hand
00000
Receivables turnover
0.850.450.831.50.81
Payables turnover
00.9301.581.6
Inventory turnover
00000
ROE
-0.01-0.010.010.050.04
Capex per share
00000

PCQ Frequently Asked Questions

What is PIMCO California Municipal Income Fund stock symbol ?

PIMCO California Municipal Income Fund is a US stock , located in Newport beach of Ca and trading under the symbol PCQ

What is PIMCO California Municipal Income Fund stock quote today ?

PIMCO California Municipal Income Fund stock price is $9.36 today.

Is PIMCO California Municipal Income Fund stock public?

Yes, PIMCO California Municipal Income Fund is a publicly traded company.

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