Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $15.11 in the prior trading day, Permian Resources Corp (NYSE: PR) closed at $15.04, down -0.46%. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 4.61 million shares were traded. PR stock price reached its highest trading level at $15.2776 during the session, while it also had its lowest trading level at $14.895.
Ratios:
Our goal is to gain a better understanding of PR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 44.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.06. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.68. 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, Morgan Stanley on January 10, 2025, initiated with a Overweight rating and assigned the stock a target price of $19.
On September 30, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $19.
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 Jan 03 ’25 when Oliphint Guy M sold 8,761 shares for $15.30 per share. The transaction valued at 134,017 led to the insider holds 134,617 shares of the business.
Oliphint Guy M bought 8,761 shares of PR for $134,017 on Jan 06 ’25. On Sep 10 ’24, another insider, Quinn William J, who serves as the Director of the company, bought 250,000 shares for $12.80 each. As a result, the insider paid 3,199,875 and bolstered with 250,000 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 12082593792 and an Enterprise Value of 16029176832. As of this moment, Permian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.14, and their Forward P/E ratio for the next fiscal year is 9.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.50 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 3.32 whereas that against EBITDA is 4.229.
Stock Price History:
The Beta on a monthly basis for PR is 4.28, which has changed by 0.17131782 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, PR has reached a high of $17.94, while it has fallen to a 52-week low of $12.28. The 50-Day Moving Average of the stock is 0.45%, while the 200-Day Moving Average is calculated to be 0.04%.
Shares Statistics:
The stock has traded on average 7.78M shares per day over the past 3-months and 7032590 shares per day over the last 10 days, according to various share statistics. A total of 702.89M shares are outstanding, with a floating share count of 538.81M. Insiders hold about 23.35% of the company’s shares, while institutions hold 83.70% stake in the company. Shares short for PR as of 1736899200 were 32141808 with a Short Ratio of 4.13, compared to 1734048000 on 30452115. Therefore, it implies a Short% of Shares Outstanding of 32141808 and a Short% of Float of 4.5900002.
Dividends & Splits
In the trailing 12 months, PR’s forward annual dividend rate was 0.68, compared to 0.46 this year. Against a Trailing Annual Dividend Yield of 0.04500331
