On November 20, 2023, Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) opened at $22.67, higher 3.29% from the last session. During the day, the shares moved up to $23.34 and dropped to $22.60 before settling in for the closing price of $22.46. Price fluctuations for PPBI have ranged from $17.53 to $37.22 over the past 52 weeks.
It was noted that within the last five years, the titan of the Financial sector saw sales topped by 24.51%. Company’s average yearly earnings per share was noted -25.84% at the time writing. With a float of $93.89 million, this company’s outstanding shares have now reached $95.02 million.
The extent of productivity of a business whose workforce counts for 1430 workers is very important to gauge.
Pacific Premier Bancorp, Inc. (PPBI) Insider Updates
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Pacific Premier Bancorp, Inc. is 2.10%, while institutional ownership is 92.76%. The most recent insider transaction that took place on Nov 01, was worth 140,250. In this transaction Director of this company sold 7,500 shares at a rate of $18.70, taking the stock ownership to the 85,426 shares. Before that another transaction happened on May 23, when Company’s SEVP & Chief Risk Officer sold 12,848 for $20.53, making the entire transaction worth $263,769. This insider now owns 30,439 shares in total.
Pacific Premier Bancorp, Inc. (PPBI) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/29/2023, the company posted $0.48 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.55) by -$0.07. This company achieved a net margin of +32.70 while generating a return on equity of 9.86. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -25.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to 13.81% growth over the previous five years of trading.
Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) Trading Performance Indicators
Check out the current performance indicators for Pacific Premier Bancorp, Inc. (PPBI). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.30. Likewise, its price to free cash flow for the trailing twelve months is 6.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.51, a number that is poised to hit 0.45 in the next quarter and is forecasted to reach 1.97 in one year’s time.
Technical Analysis of Pacific Premier Bancorp, Inc. (PPBI)
The latest stats from [Pacific Premier Bancorp, Inc., PPBI] show that its last 5-days average volume of 0.61 million was superior to 0.56 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 89.52%. Additionally, its Average True Range was 0.84.
During the past 100 days, Pacific Premier Bancorp, Inc.’s (PPBI) raw stochastic average was set at 66.42%, which indicates a significant decrease from 97.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.50% in the past 14 days, which was higher than the 37.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.16, while its 200-day Moving Average is $23.23. Now, the first resistance to watch is $23.49. This is followed by the second major resistance level at $23.79. The third major resistance level sits at $24.23. If the price goes on to break the first support level at $22.75, it is likely to go to the next support level at $22.31. Assuming the price breaks the second support level, the third support level stands at $22.01.
Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) Key Stats
There are currently 95,900K shares outstanding in the company with a market cap of 2.22 billion. Presently, the company’s annual sales total 857,330 K according to its annual income of 283,740 K. Last quarter, the company’s sales amounted to 242,610 K and its income totaled 46,030 K.