In the past week, PRU stock has gone up by 1.18%, with a monthly gain of 6.10% and a quarterly surge of 3.39%. The volatility ratio for the week is 1.55%, and the volatility levels for the last 30 days are 1.58% for Prudential Financial Inc. The simple moving average for the past 20 days is 1.85% for PRU’s stock, with a 9.64% simple moving average for the past 200 days.
Is It Worth Investing in Prudential Financial Inc. (NYSE: PRU) Right Now?
The price-to-earnings ratio for Prudential Financial Inc. (NYSE: PRU) is above average at 16.19x. The 36-month beta value for PRU is also noteworthy at 1.29. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”
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The public float for PRU is 356.34M, and at present, short sellers hold a 1.64% of that float. The average trading volume of PRU on October 31, 2024 was 1.54M shares.
PRU) stock’s latest price update
Prudential Financial Inc. (NYSE: PRU) has seen a rise in its stock price by 1.09 in relation to its previous close of 125.27. However, the company has experienced a 1.18% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-30 that Although the revenue and EPS for Prudential (PRU) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Analysts’ Opinion of PRU
Many brokerage firms have already submitted their reports for PRU stocks, with TD Cowen repeating the rating for PRU by listing it as a “Hold.” The predicted price for PRU in the upcoming period, according to TD Cowen is $130 based on the research report published on October 09, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see PRU reach a price target of $118. The rating they have provided for PRU stocks is “Equal Weight” according to the report published on September 05th, 2024.
Wells Fargo gave a rating of “Equal Weight” to PRU, setting the target price at $113 in the report published on August 12th of the current year.
PRU Trading at 4.89% 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 -1.47% of loss for the given period.
Volatility was left at 1.58%, however, over the last 30 days, the volatility rate increased by 1.55%, as shares surge +6.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.81% upper at present.
During the last 5 trading sessions, PRU rose by +1.18%, which changed the moving average for the period of 200-days by +23.52% in comparison to the 20-day moving average, which settled at $124.34. In addition, Prudential Financial Inc. saw 22.11% 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 PRU starting from PRUDENTIAL INSURANCE CO OF AME, who purchase 261,059 shares at the price of $27.58 back on Oct 08 ’24. After this action, PRUDENTIAL INSURANCE CO OF AME now owns 4,208,549 shares of Prudential Financial Inc., valued at $7,200,000 using the latest closing price.
Feeney Caroline, the Executive Vice President of Prudential Financial Inc., sale 1,110 shares at $119.97 during a trade that took place back on Sep 03 ’24, which means that Feeney Caroline is holding 10,175 shares at $133,167 based on the most recent closing price.
Stock Fundamentals for PRU
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 1.02 for the gross margin
The net margin for Prudential Financial Inc. stands at 0.05. The total capital return value is set at 0.0. Equity return is now at value 10.03, with 0.40 for asset returns.
Based on Prudential Financial Inc. (PRU), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.32. The debt to equity ratio resting at 1.0. The interest coverage ratio of the stock is 2.53.
Currently, EBITDA for the company is -116.0 million with net debt to EBITDA at -6.17. When we switch over and look at the enterprise to sales, we see a ratio of 0.9. The receivables turnover for the company is 2.18for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.66.
Conclusion
In summary, Prudential Financial Inc. (PRU) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
