The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Pennymac Mortgage Investment Trust (NYSE: PMT) closed at $13.73 up 0.66% from its previous closing price of $13.64. In other words, the price has increased by $0.66 from its previous closing price. On the day, 0.51 million shares were traded. PMT stock price reached its highest trading level at $13.77 during the session, while it also had its lowest trading level at $13.615.
Ratios:
For a deeper understanding of Pennymac Mortgage Investment Trust’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.53. In the meantime, Its Debt-to-Equity ratio is 5.03 whereas as Long-Term Debt/Eq ratio is at 2.60.
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 July 10, 2024, Upgraded its rating to Outperform and sets its target price to $15.50 from $15 previously.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $13.50.UBS initiated its Neutral rating on December 06, 2023, with a $13.50 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 29 ’24 when Lynch Catherine A. bought 1,172 shares for $13.64 per share. The transaction valued at 15,986 led to the insider holds 35,844 shares of the business.
Lynch Catherine A. bought 757 shares of PMT for $10,422 on Jul 26 ’24. The Director now owns 34,672 shares after completing the transaction at $13.76 per share. On Apr 26 ’24, another insider, Lynch Catherine A., who serves as the Director of the company, bought 715 shares for $14.19 each. As a result, the insider paid 10,138 and bolstered with 33,915 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, PMT now has a Market Capitalization of 1192601472 and an Enterprise Value of 11313865728. As of this moment, Pennymac’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.07, and their Forward P/E ratio for the next fiscal year is 9.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 20.806.
Stock Price History:
Over the past 52 weeks, PMT has reached a high of $15.89, while it has fallen to a 52-week low of $10.52. The 50-Day Moving Average of the stock is -1.55%, while the 200-Day Moving Average is calculated to be -1.87%.
Shares Statistics:
For the past three months, PMT has traded an average of 906.51K shares per day and 1041580 over the past ten days. A total of 86.62M shares are outstanding, with a floating share count of 85.72M. Insiders hold about 1.29% of the company’s shares, while institutions hold 67.77% stake in the company. Shares short for PMT as of 1721001600 were 4969577 with a Short Ratio of 5.48, compared to 1718323200 on 4106217. Therefore, it implies a Short% of Shares Outstanding of 4969577 and a Short% of Float of 8.1499994.
Dividends & Splits
According to the company, the forward annual dividend rate for PMT is 1.60, from 1.6 in the trailing year. Against a Trailing Annual Dividend Yield of 0.11730205The stock’s 5-year Average Dividend Yield is 11.12.
