Prosperity Bancshares Inc (PB) concluded trading on Thursday at a closing price of $65.80, with 0.47 million shares of worth about $30.77 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -9.78% during that period and on April 17, 2025 the price saw a gain of about 0.24%. Currently the company’s common shares owned by public are about 95.28M shares, out of which, 91.23M shares are available for trading.
Stock saw a price change of 2.51% in past 5 days and over the past one month there was a price change of -7.66%. Year-to-date (YTD), PB shares are showing a performance of -12.67% which increased to 11.09% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $57.16 but also hit the highest price of $86.75 during that period. The average intraday trading volume for Prosperity Bancshares Inc shares is 620.05K. The stock is currently trading -3.21% below its 20-day simple moving average (SMA20), while that difference is down -8.90% for SMA50 and it goes to -10.80% lower than SMA200.
Prosperity Bancshares Inc (NYSE: PB) currently have 95.28M outstanding shares and institutions hold larger chunk of about 83.53% of that.
The stock has a current market capitalization of $6.27B and its 3Y-monthly beta is at 0.73. PE ratio of stock for trailing 12 months is 13.04, while it has posted earnings per share of $5.05 in the same period. Its PEG reads 0.93 while making debt-to-equity ratio of 0.47. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PB, volatility over the week remained 2.68% while standing at 3.47% over the month.
Stock’s fiscal year EPS is expected to rise by 15.00% while it is estimated to increase by 11.59% in next year. EPS is likely to grow at an annualized rate of 13.96% for next 5-years, compared to annual growth of 2.21% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on January 07, 2025 offering a Neutral rating for the stock and assigned a target price of $80 to it. On October 15, 2024, DA Davidson Downgrade their recommendations, while on September 24, 2024, Wedbush Upgrade their ratings for the stock with a price target of $90. Stock get a Hold rating from Truist on September 20, 2024.
