Currently, there are 703.77M common shares owned by the public and among those 539.53M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -7.97% and -17.26% over the past three months. PR shares are trading -10.01% year to date (YTD), with the 12-month market performance down to -14.52% lower. It has a 12-month low price of $12.49 and touched a high of $17.94 over the same period. PR has an average intraday trading volume of 7.52 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -9.37%, -11.29%, and -12.37% respectively.
Institutional ownership of Permian Resources Corp (NYSE: PR) shares accounts for 85.27% of the company’s 703.77M shares outstanding.
It has a market capitalization of $10.40B and a beta (3y monthly) value of 4.31. The stock’s trailing 12-month PE ratio is 9.07, while the earnings-per-share (ttm) stands at $1.43. The company has a PEG of 1.70 and a Quick Ratio of 0.84 with the debt-to-equity ratio at 0.47. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.30% over the week and 3.74% over the month.
Earnings per share for the fiscal year are expected to increase by 7.62%, and 5.85% over the next financial year. EPS should shrink at an annualized rate of 5.33% over the next five years, compared to 90.07% over the past 5-year period.
Looking at the support for the PR, a number of firms have released research notes about the stock. Morgan Stanley stated their Overweight rating for the stock in a research note on January 10, 2025, with the firm’s price target at $19. Goldman coverage for the Permian Resources Corp (PR) stock in a research note released on September 30, 2024 offered a Buy rating with a price target of $19. Wolfe Research was of a view on July 18, 2024 that the stock is Peer Perform, while BMO Capital Markets gave the stock Outperform rating on July 03, 2024, issuing a price target of $21. BofA Securities on their part issued Buy rating on June 14, 2024.
