In the latest session, Permian Basin Royalty Trust (NYSE: PBT) closed at $11.16 down -16.53% from its previous closing price of $13.37. In other words, the price has decreased by -$2.21 from its previous closing price. On the day, 690762 shares were traded. PBT stock price reached its highest trading level at $13.37 during the session, while it also had its lowest trading level at $10.95.
Ratios:
For a deeper understanding of Permian Basin Royalty Trust’s stock, let’s take a closer look at its various ratios.
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, Citigroup on March 12, 2008, Downgraded its rating to Hold and sets its target price to $20 from $17 previously.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PBT now has a Market Capitalization of 623.16M and an Enterprise Value of 621.01M. As of this moment, Permian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.28 while its Price-to-Book (P/B) ratio in mrq is 3720.00. Its current Enterprise Value per Revenue stands at 20.65 whereas that against EBITDA is 21.45.
Stock Price History:
Over the past 52 weeks, PBT has reached a high of $27.77, while it has fallen to a 52-week low of $12.71. The 50-Day Moving Average of the stock is 14.11, while the 200-Day Moving Average is calculated to be 19.61.
Shares Statistics:
For the past three months, PBT has traded an average of 146.57K shares per day and 112.07k over the past ten days. A total of 46.61M shares are outstanding, with a floating share count of 41.95M. Insiders hold about 1.00% of the company’s shares, while institutions hold 25.10% stake in the company. Shares short for PBT as of Dec 29, 2023 were 147.16k with a Short Ratio of 1.20, compared to 125.13k on Nov 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.32% and a Short% of Float of 0.32%.
Dividends & Splits
According to the company, the forward annual dividend rate for PBT is 0.60, from 0.62 in the trailing year. Against a Trailing Annual Dividend Yield of 4.67%, it implies a Forward Annual Dividend Yield of 3.98%. The stock’s 5-year Average Dividend Yield is 6.35.
Earnings Estimates
There are 0 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
