Let’s look at the key reasons that are pushing Prudential Financial Inc (PRU) to new highs

Prudential Financial Inc (NYSE: PRU) kicked off on Tuesday, up 0.31% from the previous trading day, before settling in for the closing price of $128.71. Over the past 52 weeks, PRU has traded in a range of $94.92-$129.69.

During the last 5-year period, the sales drop of Financial Sector giant was -1.93%. While this was happening, its average annual earnings per share was recorded 15.06%. With a float of $355.35 million, this company’s outstanding shares have now reached $359.22 million.

Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock

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 59.12%. The most recent insider transaction that took place on Nov 07 ’24, was worth 3,187,542. In this transaction Executive Vice President of this company sold 25,685 shares at a rate of $124.10, taking the stock ownership to the 15,123 shares. Before that another transaction happened on Nov 07 ’24, when Company’s Chief Executive Officer sold 95,814 for $124.52, making the entire transaction worth $11,930,964. This insider now owns 170,081 shares in total.

Prudential Financial Inc (PRU) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 15.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.28% 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 0.64. Likewise, its price to free cash flow for the trailing twelve months is 6.31.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.28, a number that is poised to hit 3.37 in the next quarter and is forecasted to reach 14.70 in one year’s time.

Technical Analysis of Prudential Financial Inc (PRU)

Looking closely at Prudential Financial Inc (NYSE: PRU), its last 5-days average volume was 1.48 million, which is a drop from its year-to-date volume of 1.5 million. As of the previous 9 days, the stock’s Stochastic %D was 87.79%. Additionally, its Average True Range was 2.54.

During the past 100 days, Prudential Financial Inc’s (PRU) raw stochastic average was set at 97.70%, which indicates a significant increase from 93.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.63% in the past 14 days, which was lower than the 28.85% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $123.72, while its 200-day Moving Average is $117.42. However, in the short run, Prudential Financial Inc’s stock first resistance to watch stands at $129.89. Second resistance stands at $130.67. The third major resistance level sits at $132.08. If the price goes on to break the first support level at $127.70, it is likely to go to the next support level at $126.29. Now, if the price goes above the second support level, the third support stands at $125.51.

Prudential Financial Inc (NYSE: PRU) Key Stats

The company with the Market Capitalisation of 45.96 billion has total of 356,000K 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 19,490 M and last quarter income was 448,000 K.