PennyMac Financial Services Inc. (NYSE:PFSI) went down by -4.88% from its latest closing price compared to the recent 1-year high of $70.99. The company’s stock price has collected -10.50% of loss in the last five trading sessions. Press Release reported on 03/03/21 that PennyMac Financial Services, Inc. Announces Appointment of President and Chief Mortgage Banking Officer
Is It Worth Investing in PennyMac Financial Services Inc. (NYSE :PFSI) Right Now?
PennyMac Financial Services Inc. (NYSE:PFSI) scored a price-to-earnings ratio above its average ratio, recording 2.84 x from its present earnings ratio. Plus, the 36-month beta value for PFSI is at 1.23. Opinions of the stock are interesting as 6 analysts out of 8 who provided ratings for PennyMac Financial Services Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $84.13, which is $24.73 above the current price. PFSI currently public float of 40.38M and currently shorts hold a 6.72% ratio of that float. Today, the average trading volume of PFSI was 980.97K shares.
PFSI’s Market Performance
PFSI stocks went down by -10.50% for the week, with a monthly drop of -2.78% and a quarterly performance of -3.70%, while its annual performance rate touched 247.25%. The volatility ratio for the week stands at 4.16% while the volatility levels for the past 30 days are set at 4.40% for PennyMac Financial Services Inc.. The simple moving average for the period of the last 20 days is -7.54% for PFSI stocks with a simple moving average of 6.31% for the last 200 days.
Analysts’ Opinion of PFSI
Many brokerage firms have already submitted their reports for PFSI stocks, with Keefe Bruyette repeating the rating for PFSI by listing it as a “Mkt Perform.” The predicted price for PFSI in the upcoming period, according to Keefe Bruyette is $73 based on the research report published on April 06th of the current year 2021.
Wells Fargo, on the other hand, stated in their research note that they expect to see PFSI reach a price target of $70, previously predicting the price at $75. The rating they have provided for PFSI stocks is “Equal Weight” according to the report published on March 19th, 2021.
Jefferies gave a rating of “Buy” to PFSI, setting the target price at $95 in the report published on December 14th of the previous year.
PFSI Trading at -4.92% from the 50-Day Moving Average
After a stumble in the market that brought PFSI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.62% of loss for the given period.
Volatility was left at 4.40%, however, over the last 30 days, the volatility rate increased by 4.16%, as shares sank -2.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.35% upper at present.
During the last 5 trading sessions, PFSI fell by -10.50%, which changed the moving average for the period of 200-days by +42.82% in comparison to the 20-day moving average, which settled at $64.70. In addition, PennyMac Financial Services Inc. saw -8.72% 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 PFSI starting from NANJI FARHAD, who purchase 94,106 shares at the price of $64.40 back on Mar 29. After this action, NANJI FARHAD now owns 1,508,743 shares of PennyMac Financial Services Inc., valued at $6,060,426 using the latest closing price.
MFN Partners, LP, the Director of PennyMac Financial Services Inc., purchase 94,106 shares at $64.40 during a trade that took place back on Mar 29, which means that MFN Partners, LP is holding 1,508,743 shares at $6,060,426 based on the most recent closing price.
Stock Fundamentals for PFSI
Current profitability levels for the company are sitting at:
- +57.25 for the present operating margin
- +85.51 for the gross margin
The net margin for PennyMac Financial Services Inc. stands at +39.04. The total capital return value is set at 20.10, while invested capital returns managed to touch 35.92. Equity return is now at value 58.60, with 6.80 for asset returns.
Based on PennyMac Financial Services Inc. (PFSI), the company’s capital structure generated 364.54 points at debt to equity in total, while total debt to capital is 78.47. Total debt to assets is 39.10, with long-term debt to equity ratio resting at 63.73. Finally, the long-term debt to capital ratio is 13.72.
When we switch over and look at the enterprise to sales, we see a ratio of 4.02, with the company’s debt to enterprise value settled at 0.73. The receivables turnover for the company is 26.08 and the total asset turnover is 0.20.