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After finishing at $25.16 in the prior trading day, Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) closed at $23.96, down -4.77%. In other words, the price has decreased by -$4.77 from its previous closing price. On the day, 0.5 million shares were traded. PPBI stock price reached its highest trading level at $24.95 during the session, while it also had its lowest trading level at $23.85.
Ratios:
Our goal is to gain a better understanding of PPBI by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.10.
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 Sep 09 ’24 when JONES JEFF C sold 11,251 shares for $23.62 per share. The transaction valued at 265,749 led to the insider holds 123,794 shares of the business.
WILCOX EDWARD EARL sold 30,499 shares of PPBI for $720,691 on Sep 09 ’24. The President & COO now owns 230,592 shares after completing the transaction at $23.63 per share. On Sep 09 ’24, another insider, WILCOX EDWARD EARL, who serves as the Officer of the company, bought 30,499 shares for $23.63 each.
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 2310338048 and an Enterprise Value of 1995041408. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.34 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 5.055.
Stock Price History:
Over the past 52 weeks, PPBI has reached a high of $30.13, while it has fallen to a 52-week low of $17.86. The 50-Day Moving Average of the stock is -4.65%, while the 200-Day Moving Average is calculated to be -1.69%.
Shares Statistics:
The stock has traded on average 601.14K shares per day over the past 3-months and 768080 shares per day over the last 10 days, according to various share statistics. A total of 95.86M shares are outstanding, with a floating share count of 94.21M. Insiders hold about 2.30% of the company’s shares, while institutions hold 94.13% stake in the company. Shares short for PPBI as of 1726185600 were 2382049 with a Short Ratio of 3.96, compared to 1723680000 on 2314409. Therefore, it implies a Short% of Shares Outstanding of 2382049 and a Short% of Float of 3.4299999999999997.
Dividends & Splits
In the trailing 12 months, PPBI’s forward annual dividend rate was 1.32, compared to 1.32 this year. Against a Trailing Annual Dividend Yield of 0.05246423The stock’s 5-year Average Dividend Yield is 4.25.
