Pinnacle Financial Partners Inc. (NASDAQ: PNFP) started the day on March 16, 2023, with a price increase of 1.76% at $57.19. During the day, the stock rose to $58.59 and sunk to $55.20 before settling in for the price of $56.20 at the close. Taking a more long-term approach, PNFP posted a 52-week range of $52.28-$99.35.
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It was noted that the giant of the Financial sector posted annual sales growth of 16.60% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 17.50%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.20%. This publicly-traded company’s shares outstanding now amounts to $75.77 million, simultaneously with a float of $74.78 million. The organization now has a market capitalization sitting at $4.55 billion. At the time of writing, stock’s 50-day Moving Average stood at $73.50, while the 200-day Moving Average is $77.82.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 3242 workers. For the Profitability, stocks operating margin was +33.57 and Pretax Margin of +42.42.
Pinnacle Financial Partners Inc. (PNFP) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Banks – Regional Industry. Pinnacle Financial Partners Inc.’s current insider ownership accounts for 2.21%, in contrast to 85.60% institutional ownership. According to the most recent insider trade that took place on Mar 01, this organization’s CHAIRMAN sold 24,168 shares at the rate of 73.38, making the entire transaction reach 1,773,539 in total value, affecting insider ownership by 302,071. Preceding that transaction, on Feb 08, Company’s CHAIRMAN sold 3 for 82.26, making the whole transaction’s value amount to 247. This particular insider is now the holder of 306,249 in total.
Pinnacle Financial Partners Inc. (PNFP) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2022, the organization reported $1.76 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $2.04) by -$0.28. This company achieved a net margin of +34.10 while generating a return on equity of 10.36. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.82 per share during the current fiscal year.
Pinnacle Financial Partners Inc.’s EPS increase for this current 12-month fiscal period is 6.20% and is forecasted to reach 7.92 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 32.20% through the next 5 years, which can be compared against the 17.50% growth it accomplished over the previous five years trading on the market.
Pinnacle Financial Partners Inc. (NASDAQ: PNFP) Trading Performance Indicators
Let’s observe the current performance indicators for Pinnacle Financial Partners Inc. (PNFP). The Stock has managed to achieve an average true range (ATR) of 3.40. Alongside those numbers, its PE Ratio stands at $7.98, and its Beta score is 1.15. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.31. Similarly, its price to free cash flow for trailing twelve months is now 9.62.
In the same vein, PNFP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 7.17, a figure that is expected to reach 1.78 in the next quarter, and analysts are predicting that it will be 7.92 at the market close of one year from today.
Technical Analysis of Pinnacle Financial Partners Inc. (PNFP)
If we take a close look at the recent performances of Pinnacle Financial Partners Inc. (NASDAQ: PNFP), its last 5-days Average volume was 2.08 million that shows progress from its year to date volume of 0.74 million. During the previous 9 days, stock’s Stochastic %D was recorded 18.32% While, its Average True Range was 3.88.
Raw Stochastic average of Pinnacle Financial Partners Inc. (PNFP) in the period of the previous 100 days is set at 13.79%, which indicates a major fall in contrast to 20.73% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 41.83% that was higher than 38.87% volatility it exhibited in the past 100-days period.