Prudential Financial Inc (PRU) is expecting 6.36% growth in the next quarter: What can investors do to maximize their returns?

Prudential Financial Inc (NYSE: PRU) kicked off on Tuesday, down -0.98% from the previous trading day, before settling in for the closing price of $128.41. Over the past 52 weeks, PRU has traded in a range of $96.87-$130.55.

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

Over the past five-year period, the drop rate of yearbook sales for the company of the Financial sector 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 $355.93 million.

Considering the fact that the conglomerate employs 40658 people, you should pay attention to its efficiency factor. 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 Activity

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 59.11%. The most recent insider transaction that took place on Nov 25 ’24, was worth 15,000,000. In this transaction 10% Owner of this company bought 537,249 shares at a rate of $27.92, taking the stock ownership to the 4,780,293 shares. Before that another transaction happened on Nov 07 ’24, when Company’s Executive Vice President sold 25,685 for $124.10, making the entire transaction worth $3,187,542. This insider now owns 15,123 shares in total.

Prudential Financial Inc (PRU) Earnings and Forecasts

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 3.22% 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 0.63. Likewise, its price to free cash flow for the trailing twelve months is 6.22.

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)

Compared to the last year’s volume of 1.5 million, its volume of 1.15 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 68.93%. Additionally, its Average True Range was 2.37.

During the past 100 days, Prudential Financial Inc’s (PRU) raw stochastic average was set at 86.97%, which indicates a significant increase from 52.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.41% in the past 14 days, which was lower than the 28.65% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $124.34, while its 200-day Moving Average is $117.85. Nevertheless, the first resistance level for the watch stands at $128.48 in the near term. At $129.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $130.89. If the price goes on to break the first support level at $126.07, it is likely to go to the next support level at $124.98. Should the price break the second support level, the third support level stands at $123.66.

Prudential Financial Inc (NYSE: PRU) Key Stats

The company with the Market Capitalisation of 45.27 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.