Prudential Financial, Inc. (NYSE:PRU) went down by -2.01% from its latest closing price compared to the recent 1-year high of $97.24. The company’s stock price has collected 0.80% of gains in the last five trading sessions. Press Release reported on 09/10/20 that Scholarship Program Seeking Each U.S. State’s Top Youth Volunteers
Is It Worth Investing in Prudential Financial, Inc. (NYSE :PRU) Right Now?
Plus, the 36-month beta value for PRU is at 1.66. Opinions of the stock are interesting as 2 analysts out of 13 who provided ratings for Prudential Financial, Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 9 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $71.00, which is $3 above the current price. PRU currently public float of 394.00M and currently shorts hold a 1.98% ratio of that float. Today, the average trading volume of PRU was 2.57M shares.
PRU’s Market Performance
PRU stocks went up by 0.80% for the week, with a monthly drop of -3.16% and a quarterly performance of 3.89%, while its annual performance rate touched -23.28%. The volatility ratio for the week stands at 2.61% while the volatility levels for the past 30 days are set at 2.69% for Prudential Financial, Inc.. The simple moving average for the period of the last 20 days is -0.34% for PRU stocks with a simple moving average of -3.73% for the last 200 days.
Analysts’ Opinion of PRU
Many brokerage firms have already submitted their reports for PRU stocks, with BofA/Merrill repeating the rating for PRU by listing it as a “Underperform.” The predicted price for PRU in the upcoming period, according to BofA/Merrill is $180 based on the research report published on June 1st of the current year 2020.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see PRU reach a price target of $68, previously predicting the value of $100. The rating they have provided for PRU stocks is “Sector Perform” according to the report published on March 20th, 2020.
Citigroup gave a rating of “ Sell” to PRU, setting the target price at $86 in the report published on November 25th of the previous year.
PRU Trading at 3.27% from the 50-Day Moving Average
After a stumble in the market that brought PRU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.70% of loss for the given period.
Volatility was left at 2.69%, however, over the last 30 days, the volatility rate increased by 2.61%, as shares sank -1.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.50% upper at present.
During the last 5 trading sessions, PRU rose by +0.80%, which changed the moving average for the period of 200-days by -27.21% in comparison to the 20-day moving average, which settled at $68.54. In addition, Prudential Financial, Inc. saw -27.07% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at PRU starting from SCHMIDT TIMOTHY L, who sold 5,334 shares at the price of $69.54 back on Sep 03. After this action, SCHMIDT TIMOTHY L now owns 22,450 shares of Prudential Financial, Inc., valued at $370,926 using the latest closing price.
TODMAN MICHAEL, the Director of Prudential Financial, Inc., bought 2,500 shares at $71.08 during a trade that took place back on Aug 11, which means that TODMAN MICHAEL is holding 2,950 shares at $177,700 based on the most recent closing price.
Stock Fundamentals for PRU
Current profitability levels for the company are sitting at:
- +7.85 for the present operating margin
The net margin for Prudential Financial, Inc. stands at +6.39. The total capital return value is set at 5.81, while invested capital returns managed to touch 5.52. Equity return is now at value -0.30, with 0.00 for asset returns.
Based on Prudential Financial, Inc. (PRU), the company’s capital structure generated 49.96 points at debt to equity in total, while total debt to capital is 33.32.