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The price of Permian Resources Corp (NYSE: PR) closed at $14.40 in the last session, up 0.70% from day before closing price of $14.30. In other words, the price has increased by $0.70 from its previous closing price. On the day, 7.54 million shares were traded. PR stock price reached its highest trading level at $14.5 during the session, while it also had its lowest trading level at $14.22.
Ratios:
We take a closer look at PR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 208.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.79. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.50. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.47.
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 this company, Goldman on September 30, 2024, initiated with a Buy rating and assigned the stock a target price of $19.
BMO Capital Markets Upgraded its Market Perform to Outperform on July 03, 2024, while the target price for the stock was maintained at $21.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 10 ’24 when Quinn William J bought 250,000 shares for $12.80 per share. The transaction valued at 3,199,875 led to the insider holds 250,000 shares of the business.
Quinn William J bought 62,429 shares of PR for $794,946 on Sep 11 ’24. The Director now owns 312,429 shares after completing the transaction at $12.73 per share. On Sep 03 ’24, another insider, Shannon Robert Regan, who serves as the EVP, Chief Accounting Officer of the company, sold 4,822 shares for $13.93 each. As a result, the insider received 67,179 and left with 61,399 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, PR now has a Market Capitalization of 11556533248 and an Enterprise Value of 15310495744. As of this moment, Permian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.56, and their Forward P/E ratio for the next fiscal year is 9.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 3.503 whereas that against EBITDA is 4.933.
Stock Price History:
Over the past 52 weeks, PR has reached a high of $17.94, while it has fallen to a 52-week low of $12.04. The 50-Day Moving Average of the stock is 2.69%, while the 200-Day Moving Average is calculated to be -4.19%.
Shares Statistics:
According to the various share statistics, PR traded on average about 10.19M shares per day over the past 3-months and 10783840 shares per day over the past 10 days. A total of 540.79M shares are outstanding, with a floating share count of 535.07M. Insiders hold about 23.76% of the company’s shares, while institutions hold 75.86% stake in the company. Shares short for PR as of 1727654400 were 36351154 with a Short Ratio of 3.57, compared to 1724976000 on 31675507. Therefore, it implies a Short% of Shares Outstanding of 36351154 and a Short% of Float of 5.1999997.
Dividends & Splits
The forward annual dividend rate for PR is 0.36, which was 0.57 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03986014
