The stock of Primerica Inc (PRI) has seen a 0.72% increase in the past week, with a 4.32% gain in the past month, and a 16.53% flourish in the past quarter. The volatility ratio for the week is 1.14%, and the volatility levels for the past 30 days are at 1.53% for PRI. The simple moving average for the past 20 days is 3.29% for PRI’s stock, with a 13.64% simple moving average for the past 200 days.
Is It Worth Investing in Primerica Inc (NYSE: PRI) Right Now?
Primerica Inc (NYSE: PRI) has a higher price-to-earnings ratio of 21.08x compared to its average ratio. PRI has 36-month beta value of 1.09. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
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The public float for PRI is 33.61M, and currently, short sellers hold a 0.93% ratio of that float. The average trading volume of PRI on September 02, 2024 was 155.79K shares.
PRI) stock’s latest price update
The stock price of Primerica Inc (NYSE: PRI) has jumped by 0.63 compared to previous close of 261.57. Despite this, the company has seen a gain of 0.72% in its stock price over the last five trading days. zacks.com reported 2024-08-23 that Primerica’s (PRI) strong licensed sales force, ensuring sales growth and policy persistency, and its decision to exit the senior health market poise it for growth.
Analysts’ Opinion of PRI
Many brokerage firms have already submitted their reports for PRI stocks, with Piper Sandler repeating the rating for PRI by listing it as a “Neutral.” The predicted price for PRI in the upcoming period, according to Piper Sandler is $283 based on the research report published on August 30, 2024 of the current year 2024.
Raymond James gave a rating of “Strong Buy” to PRI, setting the target price at $244 in the report published on April 13th of the previous year.
PRI Trading at 6.29% from the 50-Day Moving Average
After a stumble in the market that brought PRI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.77% of loss for the given period.
Volatility was left at 1.53%, however, over the last 30 days, the volatility rate increased by 1.14%, as shares surge +6.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.34% upper at present.
During the last 5 trading sessions, PRI rose by +0.72%, which changed the moving average for the period of 200-days by +27.71% in comparison to the 20-day moving average, which settled at $255.64. In addition, Primerica Inc saw 27.93% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PRI starting from Schneider Peter W., who sale 1,500 shares at the price of $261.11 back on Aug 26 ’24. After this action, Schneider Peter W. now owns 10,259 shares of Primerica Inc, valued at $391,662 using the latest closing price.
PETER W SCHNEIDER, the Officer of Primerica Inc, proposed sale 1,500 shares at $261.34 during a trade that took place back on Aug 26 ’24, which means that PETER W SCHNEIDER is holding shares at $392,010 based on the most recent closing price.
Stock Fundamentals for PRI
Current profitability levels for the company are sitting at:
- 0.37 for the present operating margin
- 0.88 for the gross margin
The net margin for Primerica Inc stands at 0.15. The total capital return value is set at 0.1. Equity return is now at value 21.32, with 3.77 for asset returns.
Based on Primerica Inc (PRI), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.39. The debt to equity ratio resting at 0.92. The interest coverage ratio of the stock is 42.71.
Currently, EBITDA for the company is 31.96 million with net debt to EBITDA at -14.88. When we switch over and look at the enterprise to sales, we see a ratio of 3.41. The receivables turnover for the company is 0.88for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.01.
Conclusion
To put it simply, Primerica Inc (PRI) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
