The closing price of PermRock Royalty Trust (NYSE: PRT) was $7.78 for the day, up 2.23% from the previous closing price of $7.61. In other words, the price has increased by $+0.17 from its previous closing price. On the day, 109529 shares were traded. PRT stock price reached its highest trading level at $7.86 during the session, while it also had its lowest trading level at $7.48.
Our analysis of PRT’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
On May 29, 2018, Stifel started tracking the stock assigning a Buy rating and target price of $17.Stifel initiated its Buy rating on May 29, 2018, with a $17 target price.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 23 when Boaz Energy II, LLC sold 13,000 shares for $7.65 per share. The transaction valued at 99,468 led to the insider holds 5,595,007 shares of the business.
Boaz Energy II, LLC sold 3,200 shares of PRT for $23,820 on Nov 22. The 10% Owner now owns 5,608,007 shares after completing the transaction at $7.44 per share. On Nov 21, another insider, Boaz Energy II, LLC, who serves as the 10% Owner of the company, sold 8,000 shares for $7.18 each. As a result, the insider received 57,478 and left with 5,611,207 shares of the company.
As of this moment, PermRock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.73 while its Price-to-Book (P/B) ratio in mrq is 1.14.
Stock Price History:
Over the past 52 weeks, PRT has reached a high of $10.88, while it has fallen to a 52-week low of $6.37. The 50-Day Moving Average of the stock is 7.62, while the 200-Day Moving Average is calculated to be 8.60.
PRT traded an average of 50.02K shares per day over the past three months and 48.32k shares per day over the past ten days. A total of 12.17M shares are outstanding, with a floating share count of 6.51M. Insiders hold about 0.07% of the company’s shares, while institutions hold 47.90% stake in the company. Shares short for PRT as of Oct 13, 2022 were 4.18k with a Short Ratio of 0.01M, compared to 16.15k on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 0.03% and a Short% of Float of 0.07%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.16, PRT has a forward annual dividend rate of 0.88. Against a Trailing Annual Dividend Yield of 2.06%, it implies a Forward Annual Dividend Yield of 14.84%.
The firm’s stock currently is rated by 0 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was $0. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $6.43M to a low estimate of $6.43M. As of the current estimate, PermRock Royalty Trust’s year-ago sales were $4.17M, an estimated decrease of -47.80% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $2.27M, a decrease of -41.50% over than the figure of -$47.80% in the same quarter last year. There is a high estimate of $7.22M for the next quarter, whereas the lowest estimate is $7.22M.
A total of 1 analysts have provided revenue estimates for PRT’s current fiscal year. The highest revenue estimate was $25.81M, while the lowest revenue estimate was $25.81M, resulting in an average revenue estimate of $8.14M. In the same quarter a year ago, actual revenue was $3.19M, up 155.50% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $28.02M in the next fiscal year. The high estimate is $28.02M and the low estimate is $28.02M. The average revenue growth estimate for next year is up 244.00% from the average revenue estimate for this year.