Currently, there are 703.77M common shares owned by the public and among those 538.79M shares have been available to trade.
The company’s stock has a 5-day price change of -4.71% and -18.61% over the past three months. PR shares are trading -14.26% year to date (YTD), with the 12-month market performance down to -19.12% lower. It has a 12-month low price of $11.84 and touched a high of $17.94 over the same period. PR has an average intraday trading volume of 8.10 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 -10.48%, -14.78%, and -15.96% respectively.
Institutional ownership of Permian Resources Corp (NYSE: PR) shares accounts for 85.34% of the company’s 703.77M shares outstanding.
It has a market capitalization of $9.91B and a beta (3y monthly) value of 3.91. The stock’s trailing 12-month PE ratio is 8.64, while the earnings-per-share (ttm) stands at $1.43. The company has a PEG of 1.42 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 4.67% over the week and 3.96% over the month.
Earnings per share for the fiscal year are expected to increase by 11.23%, and 6.31% over the next financial year. EPS should shrink at an annualized rate of 6.09% 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. Susquehanna stated their Positive rating for the stock in a research note on March 05, 2025, with the firm’s price target at $17-$20. Morgan Stanley coverage for the Permian Resources Corp (PR) stock in a research note released on January 10, 2025 offered a Overweight rating with a price target of $19. BMO Capital Markets on their part issued Outperform rating on July 03, 2024.
