On Tuesday, Prudential Financial Inc (NYSE: PRU) opened lower -0.40% from the last session, before settling in for the closing price of $120.66. Price fluctuations for PRU have ranged from $89.90 to $128.52 over the past 52 weeks.
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Annual sales at Financial sector company slipped by -1.93% over the past five years. Company’s average yearly earnings per share was noted 14.97% at the time writing. With a float of $355.34 million, this company’s outstanding shares have now reached $359.22 million.
Let’s look at the performance matrix of the company that is accounted for 40658 employees. In terms of profitability, gross margin is 101.56%, operating margin of 5.17%, and the pretax margin is 6.84%.
Prudential Financial Inc (PRU) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Insurance – Life industry is another important factor to consider. The insider ownership of Prudential Financial Inc is 0.18%, while institutional ownership is 59.25%. The most recent insider transaction that took place on Nov 04 ’24, was worth 1,169,265. Before that another transaction happened on Oct 08 ’24, when Company’s 10% Owner bought 261,059 for $27.58, making the entire transaction worth $7,200,000. This insider now owns 4,208,549 shares in total.
Prudential Financial Inc (PRU) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 2.58 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 2.6) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.57 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.55% 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
Check out the current performance indicators for Prudential Financial Inc (PRU). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.60. Likewise, its price to free cash flow for the trailing twelve months is 5.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.28, a number that is poised to hit 3.36 in the next quarter and is forecasted to reach 14.67 in one year’s time.
Technical Analysis of Prudential Financial Inc (PRU)
Prudential Financial Inc (NYSE: PRU) saw its 5-day average volume 1.88 million, a positive change from its year-to-date volume of 1.48 million. As of the previous 9 days, the stock’s Stochastic %D was 7.00%. Additionally, its Average True Range was 2.23.
During the past 100 days, Prudential Financial Inc’s (PRU) raw stochastic average was set at 65.34%, which indicates a significant increase from 12.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.64% in the past 14 days, which was lower than the 26.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $121.13, while its 200-day Moving Average is $115.87. Nevertheless, the first resistance level for the watch stands at $121.20 in the near term. At $122.22, the stock is likely to face the second major resistance level. The third major resistance level sits at $123.28. If the price goes on to break the first support level at $119.12, it is likely to go to the next support level at $118.06. The third support level lies at $117.04 if the price breaches the second support level.
Prudential Financial Inc (NYSE: PRU) Key Stats
There are currently 356,000K shares outstanding in the company with a market cap of 42.78 billion. Presently, the company’s annual sales total 53,979 M according to its annual income of 2,488 M. Last quarter, the company’s sales amounted to 19,490 M and its income totaled 448,000 K.
