Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
PennyMac Financial Services Inc. (NYSE: PFSI) closed the day trading at $86.20 down -6.38% from the previous closing price of $92.07. In other words, the price has decreased by -$6.38 from its previous closing price. On the day, 1.08 million shares were traded. PFSI stock price reached its highest trading level at $87.08 during the session, while it also had its lowest trading level at $83.03.
Ratios:
For a better understanding of PFSI, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 4.12 whereas as Long-Term Debt/Eq ratio is at 1.36.
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, Keefe Bruyette on April 09, 2024, Upgraded its rating to Outperform and sets its target price to $105 from $100 previously.
On January 10, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $115.
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 Apr 09 ’24 when SPECTOR DAVID sold 10,000 shares for $90.72 per share. The transaction valued at 907,209 led to the insider holds 250,604 shares of the business.
STARK DEREK sold 5,255 shares of PFSI for $470,007 on Mar 25 ’24. The Chief Legal Officer now owns 27,084 shares after completing the transaction at $89.44 per share. On Mar 12 ’24, another insider, SPECTOR DAVID, who serves as the Chairman & CEO of the company, sold 3,326 shares for $85.67 each. As a result, the insider received 284,941 and left with 644,612 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, PFSI now has a Market Capitalization of 4688202240 and an Enterprise Value of 18086760448. As of this moment, PennyMac’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.88, and their Forward P/E ratio for the next fiscal year is 6.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 9.005.
Stock Price History:
Over the past 52 weeks, PFSI has reached a high of $94.78, while it has fallen to a 52-week low of $56.16. The 50-Day Moving Average of the stock is -1.87%, while the 200-Day Moving Average is calculated to be 8.78%.
Shares Statistics:
Over the past 3-months, PFSI traded about 236.04K shares per day on average, while over the past 10 days, PFSI traded about 278370 shares per day. A total of 50.18M shares are outstanding, with a floating share count of 46.56M. Insiders hold about 7.68% of the company’s shares, while institutions hold 89.45% stake in the company. Shares short for PFSI as of 1713139200 were 940870 with a Short Ratio of 3.99, compared to 1710460800 on 942918. Therefore, it implies a Short% of Shares Outstanding of 940870 and a Short% of Float of 3.3800002000000005.
Dividends & Splits
PFSI’s forward annual dividend rate is 0.80, up from 0.8 a year ago. Against a Trailing Annual Dividend Yield of 0.008689041
