Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Pacific Premier Bancorp, Inc (NASDAQ: PPBI) closed the day trading at $21.75 down -1.09% from the previous closing price of $21.99. In other words, the price has decreased by -$1.09 from its previous closing price. On the day, 0.51 million shares were traded. PPBI stock price reached its highest trading level at $22.31 during the session, while it also had its lowest trading level at $21.71.
Ratios:
For a better understanding of PPBI, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.11.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Raymond James on January 30, 2024, Downgraded its rating to Outperform and sets its target price to $29 from $26 previously.
On July 07, 2022, Raymond James Upgraded its rating to Strong Buy which previously was Outperform and also lowered its target price recommendation from $41 to $35.
Stephens Downgraded its Overweight to Equal-Weight on January 25, 2022, whereas the target price for the stock was revised from $50 to $45.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 17 ’24 when Karr Michael S sold 10,290 shares for $26.87 per share. The transaction valued at 276,492 led to the insider holds 79,474 shares of the business.
Karr Family Trust UAD 2/15/05 bought 10,290 shares of PPBI for $277,000 on Dec 17 ’24. On Nov 07 ’24, another insider, Ohlhaver Margaret S., who serves as the Sr.EVP, Chf Human Res. Officer of the company, sold 9,273 shares for $27.96 each. As a result, the insider received 259,255 and left with 25,475 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PPBI now has a Market Capitalization of 2097522176 and an Enterprise Value of 1820382720. As of this moment, Pacific’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.20, and their Forward P/E ratio for the next fiscal year is 14.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.32 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 2.986.
Stock Price History:
The Beta on a monthly basis for PPBI is 1.12, which has changed by -0.053112745 over the last 52 weeks, in comparison to a change of 0.08190584 over the same period for the S&P500. Over the past 52 weeks, PPBI has reached a high of $30.28, while it has fallen to a 52-week low of $20.52. The 50-Day Moving Average of the stock is -9.67%, while the 200-Day Moving Average is calculated to be -12.64%.
Shares Statistics:
Over the past 3-months, PPBI traded about 570.81K shares per day on average, while over the past 10 days, PPBI traded about 650350 shares per day. A total of 96.44M shares are outstanding, with a floating share count of 94.38M. Insiders hold about 2.13% of the company’s shares, while institutions hold 95.21% stake in the company. Shares short for PPBI as of 1740700800 were 1527588 with a Short Ratio of 2.68, compared to 1738281600 on 1335750. Therefore, it implies a Short% of Shares Outstanding of 1527588 and a Short% of Float of 2.1999999999999997.
Dividends & Splits
PPBI’s forward annual dividend rate is 1.32, up from 1.32 a year ago. Against a Trailing Annual Dividend Yield of 0.060027286The stock’s 5-year Average Dividend Yield is 4.44. The current Payout Ratio is 80.15% for PPBI, which recently paid a dividend on 2025-02-03 with an ex-dividend date of 1738540800. Stock splits for the company last occurred on 2001-06-12 when the company split stock in a 1:5 ratio.
Earnings Estimates
The market rating of Pacific Premier Bancorp, Inc (PPBI) is currently shaped by the ongoing analysis conducted by 6.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.32, with high estimates of $0.35 and low estimates of $0.27.
Analysts are recommending an EPS of between $1.41 and $1.15 for the fiscal current year, implying an average EPS of $1.31. EPS for the following year is $1.54, with 6.0 analysts recommending between $1.62 and $1.42.
Revenue Estimates
5 analysts predict $143.25M in revenue for the current quarter. It ranges from a high estimate of $145.6M to a low estimate of $141.25M. As of the current estimate, Pacific Premier Bancorp, Inc’s year-ago sales were $170.9MFor the next quarter, 5 analysts are estimating revenue of $146.42M. There is a high estimate of $148.7M for the next quarter, whereas the lowest estimate is $144.7M.
A total of 5 analysts have provided revenue estimates for PPBI’s current fiscal year. The highest revenue estimate was $601.2M, while the lowest revenue estimate was $583.7M, resulting in an average revenue estimate of $592.43M. In the same quarter a year ago, actual revenue was $619.79MBased on 5 analysts’ estimates, the company’s revenue will be $633.55M in the next fiscal year. The high estimate is $655.5M and the low estimate is $614.3M.
