On Friday, Prosperity Bancshares Inc (NYSE: PB) opened higher 1.15% from the last session, before settling in for the closing price of $77.97. Price fluctuations for PB have ranged from $57.16 to $86.75 over the past 52 weeks.
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Annual sales at Financial sector company grew by 14.88% over the past five years. Company’s average yearly earnings per share was noted 11.28% at the time writing. With a float of $91.22 million, this company’s outstanding shares have now reached $95.26 million.
Let’s look at the performance matrix of the company that is accounted for 3850 employees. In terms of profitability, gross margin is 99.96%, operating margin of 32.52%, and the pretax margin is 32.41%.
Prosperity Bancshares Inc (PB) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Prosperity Bancshares Inc is 4.25%, while institutional ownership is 82.66%. The most recent insider transaction that took place on Jan 15 ’25, was worth 47,078. In this transaction Director of this company sold 600 shares at a rate of $78.46, taking the stock ownership to the 47,500 shares. Before that another transaction happened on Jan 15 ’25, when Company’s Director sold 500 for $78.43, making the entire transaction worth $39,213. This insider now owns 108,815 shares in total.
Prosperity Bancshares Inc (PB) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.28% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.30% during the next five years compared to -0.42% drop over the previous five years of trading.
Prosperity Bancshares Inc (NYSE: PB) Trading Performance Indicators
Check out the current performance indicators for Prosperity Bancshares Inc (PB). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.29. Likewise, its price to free cash flow for the trailing twelve months is 11.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.70, a number that is poised to hit 1.34 in the next quarter and is forecasted to reach 5.79 in one year’s time.
Technical Analysis of Prosperity Bancshares Inc (PB)
Prosperity Bancshares Inc (NYSE: PB) saw its 5-day average volume 0.5 million, a positive change from its year-to-date volume of 0.46 million. As of the previous 9 days, the stock’s Stochastic %D was 84.19%. Additionally, its Average True Range was 1.83.
During the past 100 days, Prosperity Bancshares Inc’s (PB) raw stochastic average was set at 55.74%, which indicates a significant decrease from 88.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.77% in the past 14 days, which was lower than the 25.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $79.36, while its 200-day Moving Average is $70.01. Nevertheless, the first resistance level for the watch stands at $79.32 in the near term. At $79.77, the stock is likely to face the second major resistance level. The third major resistance level sits at $80.46. If the price goes on to break the first support level at $78.18, it is likely to go to the next support level at $77.49. The third support level lies at $77.04 if the price breaches the second support level.
Prosperity Bancshares Inc (NYSE: PB) Key Stats
There are currently 95,265K shares outstanding in the company with a market cap of 7.51 billion. Presently, the company’s annual sales total 1,598 M according to its annual income of 419,320 K. Last quarter, the company’s sales amounted to 459,000 K and its income totaled 127,280 K.
