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.
Primerica Inc (NYSE: PRI) closed the day trading at $210.09 down -0.73% from the previous closing price of $211.64. In other words, the price has decreased by -$0.73 from its previous closing price. On the day, 1.71 million shares were traded. PRI stock price reached its highest trading level at $215.49 during the session, while it also had its lowest trading level at $184.76.
Ratios:
For a better understanding of PRI, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.99 whereas as Long-Term Debt/Eq ratio is at 0.99.
On April 13, 2023, Raymond James started tracking the stock assigning a Strong Buy rating and target price of $244.
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 Mar 15 ’24 when Schneider Peter W. sold 1,500 shares for $243.41 per share. The transaction valued at 365,115 led to the insider holds 13,259 shares of the business.
Jendusa Nicholas Adam sold 234 shares of PRI for $58,418 on Mar 13 ’24. The Principal Accounting Officer now owns 100 shares after completing the transaction at $249.81 per share. On Mar 11 ’24, another insider, Pitts Gregory C., who serves as the Executive VP and COO of the company, sold 3,759 shares for $245.43 each. As a result, the insider received 922,559 and left with 3,379 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, PRI now has a Market Capitalization of 7289765888 and an Enterprise Value of 8831272960. As of this moment, Primerica’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.24, and their Forward P/E ratio for the next fiscal year is 10.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 3.56. Its current Enterprise Value per Revenue stands at 3.065 whereas that against EBITDA is 10.085.
Stock Price History:
Over the past 52 weeks, PRI has reached a high of $256.56, while it has fallen to a 52-week low of $173.00. The 50-Day Moving Average of the stock is -13.72%, while the 200-Day Moving Average is calculated to be -2.88%.
Shares Statistics:
Over the past 3-months, PRI traded about 135.41K shares per day on average, while over the past 10 days, PRI traded about 370780 shares per day. A total of 35.00M shares are outstanding, with a floating share count of 34.63M. Insiders hold about 0.62% of the company’s shares, while institutions hold 91.70% stake in the company. Shares short for PRI as of 1711584000 were 360782 with a Short Ratio of 2.66, compared to 1709164800 on 271965. Therefore, it implies a Short% of Shares Outstanding of 360782 and a Short% of Float of 1.3300001000000001.
Dividends & Splits
PRI’s forward annual dividend rate is 2.70, up from 2.7 a year ago. The stock’s 5-year Average Dividend Yield is 1.26.
Earnings Estimates
Investors are eagerly awaiting the insights provided by Prudential Financial, Inc. analysts currently analyzing and rating the stock of Primerica Inc (PRI).The consensus estimate for the next quarter is $4.03, with high estimates of $18.58 and low estimates of $11.29.
Analysts are recommending an EPS of between $Financial Services and $Communication Services for the fiscal current year, implying an average EPS of $Industrials.
