Prudential Financial Inc (NYSE: PRU) has a price-to-earnings ratio that is above its average at 10.65x. The stock has a 36-month beta value of 1.28. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 2 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for PRU is 355.34M, and at present, short sellers hold a 1.64% of that float. On November 06, 2024, the average trading volume of PRU was 1.49M shares.
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PRU) stock’s latest price update
The stock of Prudential Financial Inc (NYSE: PRU) has decreased by -0.40 when compared to last closing price of 120.66.Despite this, the company has seen a loss of -4.06% in its stock price over the last five trading days. businesswire.com reported 2024-11-05 that NEWARK, N.J.–(BUSINESS WIRE)–Prudential Financial, Inc. (NYSE: PRU) announced today the declaration of a quarterly dividend of $1.30 per share of Common Stock, payable on December 12, 2024, to shareholders of record at the close of business on November 19, 2024. Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.6 trillion in assets under management as of September 30, 2024, has operations in the United.
PRU’s Market Performance
Prudential Financial Inc (PRU) has seen a -4.06% fall in stock performance for the week, with a -0.23% decline in the past month and a 12.57% surge in the past quarter. The volatility ratio for the week is 2.21%, and the volatility levels for the past 30 days are at 1.63% for PRU. The simple moving average for the last 20 days is -3.40% for PRU’s stock, with a simple moving average of 3.72% for the last 200 days.
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 -0.79% 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 -6.49% of loss for the given period.
Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 2.21%, as shares sank -0.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.84% upper at present.
During the last 5 trading sessions, PRU fell by -4.06%, which changed the moving average for the period of 200-days by +15.09% in comparison to the 20-day moving average, which settled at $124.40. In addition, Prudential Financial Inc saw 15.88% 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 GOODMAN STACEY, who proposed sale 9,649 shares at the price of $121.18 back on Nov 04 ’24. After this action, GOODMAN STACEY now owns shares of Prudential Financial Inc, valued at $1,169,265 using the latest closing price.
PRUDENTIAL INSURANCE CO OF AME, the 10% Owner of Prudential Financial Inc, purchase 261,059 shares at $27.58 during a trade that took place back on Oct 08 ’24, which means that PRUDENTIAL INSURANCE CO OF AME is holding 4,208,549 shares at $7,200,000 based on the most recent closing price.
Stock Fundamentals for PRU
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 1.02 for the gross margin
The net margin for Prudential Financial Inc stands at 0.06. The total capital return value is set at 0.01. Equity return is now at value 14.53, with 0.57 for asset returns.
Based on Prudential Financial Inc (PRU), the company’s capital structure generated 0.97 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at 35.76. The interest coverage ratio of the stock is 8.59.
Currently, EBITDA for the company is -116.0 million with net debt to EBITDA at 1.08. When we switch over and look at the enterprise to sales, we see a ratio of 0.58. The receivables turnover for the company is 2.48for trailing twelve months and the total asset turnover is 0.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.61.
Conclusion
To sum up, Prudential Financial Inc (PRU) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
