On Friday, Permian Resources Corp (NYSE: PR) opened higher 1.38% from the last session, before settling in for the closing price of $15.99. Price fluctuations for PR have ranged from $12.04 to $17.94 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Energy sector saw sales topped by 39.65%. Company’s average yearly earnings per share was noted 18.70% at the time writing. With a float of $538.55 million, this company’s outstanding shares have now reached $540.79 million.
The extent of productivity of a business whose workforce counts for 461 workers is very important to gauge. In terms of profitability, gross margin is 56.02%, operating margin of 37.47%, and the pretax margin is 35.72%.
Permian Resources Corp (PR) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Permian Resources Corp is 23.39%, while institutional ownership is 82.84%. The most recent insider transaction that took place on Sep 10 ’24, was worth 3,199,875. In this transaction Director of this company bought 250,000 shares at a rate of $12.80, taking the stock ownership to the 250,000 shares. Before that another transaction happened on Sep 11 ’24, when Company’s Director bought 62,429 for $12.73, making the entire transaction worth $794,946. This insider now owns 312,429 shares in total.
Permian Resources Corp (PR) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.45 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.36) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 18.70% per share during the next fiscal year.
Permian Resources Corp (NYSE: PR) Trading Performance Indicators
Check out the current performance indicators for Permian Resources Corp (PR). In the past quarter, the stock posted a quick ratio of 0.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.73. Likewise, its price to free cash flow for the trailing twelve months is 57.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.64, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.50 in one year’s time.
Technical Analysis of Permian Resources Corp (PR)
The latest stats from [Permian Resources Corp, PR] show that its last 5-days average volume of 8.26 million was inferior to 10.04 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 96.40%. Additionally, its Average True Range was 0.40.
During the past 100 days, Permian Resources Corp’s (PR) raw stochastic average was set at 82.91%, which indicates a significant decrease from 98.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.19% in the past 14 days, which was lower than the 33.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.28, while its 200-day Moving Average is $15.41. Now, the first resistance to watch is $16.33. This is followed by the second major resistance level at $16.46. The third major resistance level sits at $16.68. If the price goes on to break the first support level at $15.99, it is likely to go to the next support level at $15.78. The third support level lies at $15.65 if the price breaches the second support level.
Permian Resources Corp (NYSE: PR) Key Stats
There are currently 803,364K shares outstanding in the company with a market cap of 13.20 billion. Presently, the company’s annual sales total 3,121 M according to its annual income of 476,310 K. Last quarter, the company’s sales amounted to 1,216 M and its income totaled 386,380 K.
