Prudential Financial Inc. (NYSE: PRU) kicked off on Tuesday, down -1.44% from the previous trading day, before settling in for the closing price of $121.10. Over the past 52 weeks, PRU has traded in a range of $87.95-$128.52.
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A company in the Financial sector has dropped its sales by -1.93% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 15.76%. With a float of $356.34 million, this company’s outstanding shares have now reached $359.22 million.
In an organization with 40658 employees, it is important to assess its efficiency.
Prudential Financial Inc. (PRU) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Insurance – Life Industry. The insider ownership of Prudential Financial Inc. is 0.18%, while institutional ownership is 59.13%. The most recent insider transaction that took place on Sep 03 ’24, was worth 133,167. In this transaction Executive Vice President of this company sold 1,110 shares at a rate of $119.97, taking the stock ownership to the 10,175 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Officer proposed sale 1,110 for $119.98, making the entire transaction worth $133,177.
Prudential Financial Inc. (PRU) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 3.44 earnings per share (EPS), higher than consensus estimate (set at 3.13) by 0.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.50% during the next five years compared to -6.62% drop over the previous five years of trading.
Prudential Financial Inc. (NYSE: PRU) Trading Performance Indicators
Take a look at Prudential Financial Inc.’s (PRU) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.71. Likewise, its price to free cash flow for the trailing twelve months is 4.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.82, a number that is poised to hit 3.50 in the next quarter and is forecasted to reach 14.62 in one year’s time.
Technical Analysis of Prudential Financial Inc. (PRU)
Let’s dig in a bit further. During the last 5-days, its volume was 1.21 million. That was inferior than the volume of 1.5 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 55.69%. Additionally, its Average True Range was 2.19.
During the past 100 days, Prudential Financial Inc.’s (PRU) raw stochastic average was set at 61.94%, which indicates a significant decrease from 68.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.51% in the past 14 days, which was lower than the 25.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $117.18, while its 200-day Moving Average is $113.36. However, in the short run, Prudential Financial Inc.’s stock first resistance to watch stands at $120.58. Second resistance stands at $121.80. The third major resistance level sits at $123.12. If the price goes on to break the first support level at $118.04, it is likely to go to the next support level at $116.73. Assuming the price breaks the second support level, the third support level stands at $115.51.
Prudential Financial Inc. (NYSE: PRU) Key Stats
The company with the Market Capitalisation of 42.61 billion has total of 359,000K Shares Outstanding. Its annual sales at the moment are 53,979 M in contrast with the sum of 2,488 M annual income. Company’s last quarter sales were recorded 14,883 M and last quarter income was 1,198 M.
