Permian Resources Corp (NYSE: PR) kicked off on Monday, down -2.43% from the previous trading day, before settling in for the closing price of $15.66. Over the past 52 weeks, PR has traded in a range of $12.04-$17.94.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 39.65%. While this was happening, its average annual earnings per share was recorded 18.74%. With a float of $538.55 million, this company’s outstanding shares have now reached $702.89 million.
Considering the fact that the conglomerate employs 461 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 43.04%, operating margin of 37.47%, and the pretax margin is 35.72%.
Permian Resources Corp (PR) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 18.74% per share during the next fiscal year.
Permian Resources Corp (NYSE: PR) Trading Performance Indicators
Take a look at Permian Resources Corp’s (PR) current performance indicators. Last quarter, stock had a quick ratio of 0.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.55. Likewise, its price to free cash flow for the trailing twelve months is 54.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.64, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 1.49 in one year’s time.
Technical Analysis of Permian Resources Corp (PR)
Compared to the last year’s volume of 9.97 million, its volume of 7.02 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 44.39%. Additionally, its Average True Range was 0.40.
During the past 100 days, Permian Resources Corp’s (PR) raw stochastic average was set at 61.43%, which indicates a significant increase from 33.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.40% in the past 14 days, which was lower than the 32.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.45, while its 200-day Moving Average is $15.45. Nevertheless, the first resistance level for the watch stands at $15.60 in the near term. At $15.93, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.10. If the price goes on to break the first support level at $15.10, it is likely to go to the next support level at $14.93. Should the price break the second support level, the third support level stands at $14.60.
Permian Resources Corp (NYSE: PR) Key Stats
The company with the Market Capitalisation of 12.33 billion has total of 803,364K Shares Outstanding. Its annual sales at the moment are 3,121 M in contrast with the sum of 476,310 K annual income. Company’s last quarter sales were recorded 1,216 M and last quarter income was 386,380 K.
