Pinnacle Financial Partners Inc (PNFP) posted a 22.10% change over the last five days signaling a new trend

On Monday, Pinnacle Financial Partners Inc (NASDAQ: PNFP) opened higher 4.72% from the last session, before settling in for the closing price of $121.06. Price fluctuations for PNFP have ranged from $63.77 to $122.96 over the past 52 weeks.

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Financial Sector giant saw their annual sales surged by 20.68% over the last five years. Company’s average yearly earnings per share was noted -3.42% at the time writing. With a float of $75.89 million, this company’s outstanding shares have now reached $76.77 million.

The firm has a total of 3357 workers. Let’s measure their productivity. In terms of profitability, gross margin is 109.07%, operating margin of 18.76%, and the pretax margin is 18.58%.

Pinnacle Financial Partners Inc (PNFP) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Pinnacle Financial Partners Inc is 1.76%, while institutional ownership is 86.81%. The most recent insider transaction that took place on May 09 ’24, was worth 124,500. In this transaction Director of this company sold 1,500 shares at a rate of $83.00, taking the stock ownership to the 20,091 shares. Before that another transaction happened on Apr 25 ’24, when Company’s CHAIRMAN sold 115,249 for $81.04, making the entire transaction worth $9,340,032. This insider now owns 153,062 shares in total.

Pinnacle Financial Partners Inc (PNFP) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.68 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.6) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.74 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -3.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to 8.99% growth over the previous five years of trading.

Pinnacle Financial Partners Inc (NASDAQ: PNFP) Trading Performance Indicators

Check out the current performance indicators for Pinnacle Financial Partners Inc (PNFP). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.40. Likewise, its price to free cash flow for the trailing twelve months is 21.55.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.26, a number that is poised to hit 1.78 in the next quarter and is forecasted to reach 7.62 in one year’s time.

Technical Analysis of Pinnacle Financial Partners Inc (PNFP)

Analysing the last 5-days average volume posted by the [Pinnacle Financial Partners Inc, PNFP], we can find that recorded value of 0.88 million was better than the volume posted last year of 0.47 million. As of the previous 9 days, the stock’s Stochastic %D was 89.90%. Additionally, its Average True Range was 4.08.

During the past 100 days, Pinnacle Financial Partners Inc’s (PNFP) raw stochastic average was set at 98.61%, which indicates a significant increase from 97.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.04% in the past 14 days, which was higher than the 40.04% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $100.58, while its 200-day Moving Average is $88.00. Now, the first resistance to watch is $128.64. This is followed by the second major resistance level at $130.50. The third major resistance level sits at $133.49. If the price goes on to break the first support level at $123.78, it is likely to go to the next support level at $120.79. Now, if the price goes above the second support level, the third support stands at $118.93.

Pinnacle Financial Partners Inc (NASDAQ: PNFP) Key Stats

There are currently 77,236K shares outstanding in the company with a market cap of 9.96 billion. Presently, the company’s annual sales total 2,787 M according to its annual income of 562,150 K. Last quarter, the company’s sales amounted to 810,110 K and its income totaled 146,690 K.