The stock of Permian Resources Corp (NYSE: PR) has increased by 1.07 when compared to last closing price of 15.83. Despite this, the company has experienced a 5.68% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-16 that Permian Resources: It’s All In The Name
Is It Worth Investing in Permian Resources Corp (NYSE: PR) Right Now?
The price-to-earnings ratio for Permian Resources Corp (NYSE: PR) is above average at 9.73x. The 36-month beta value for PR is also noteworthy at 4.30. There are mixed opinions on the stock, with 12 analysts rating it as a “buy,” 7 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for PR is 538.81M, and at present, short sellers hold a 6.31% of that float. The average trading volume of PR on January 20, 2025 was 8.41M shares.
PR’s Market Performance
PR’s stock has seen a 5.68% increase for the week, with a 13.07% rise in the past month and a 14.45% gain in the past quarter. The volatility ratio for the week is 2.05%, and the volatility levels for the past 30 days are at 2.66% for Permian Resources Corp The simple moving average for the past 20 days is 9.22% for PR’s stock, with a 5.79% simple moving average for the past 200 days.
Analysts’ Opinion of PR
Many brokerage firms have already submitted their reports for PR stocks, with Morgan Stanley repeating the rating for PR by listing it as a “Overweight.” The predicted price for PR in the upcoming period, according to Morgan Stanley is $19 based on the research report published on January 10, 2025 of the current year 2025.
Goldman, on the other hand, stated in their research note that they expect to see PR reach a price target of $19. The rating they have provided for PR stocks is “Buy” according to the report published on September 30th, 2024.
PR Trading at 7.32% from the 50-Day Moving Average
After a stumble in the market that brought PR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.82% of loss for the given period.
Volatility was left at 2.66%, however, over the last 30 days, the volatility rate increased by 2.05%, as shares surge +14.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.53% upper at present.
During the last 5 trading sessions, PR rose by +5.68%, which changed the moving average for the period of 200-days by -8.73% in comparison to the 20-day moving average, which settled at $14.65. In addition, Permian Resources Corp saw 11.27% 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 PR starting from Oliphint Guy M, who sale 8,761 shares at the price of $15.30 back on Jan 03 ’25. After this action, Oliphint Guy M now owns 134,617 shares of Permian Resources Corp, valued at $134,017 using the latest closing price.
Oliphint Guy M, the Officer of Permian Resources Corp, proposed sale 8,761 shares at $15.30 during a trade that took place back on Jan 06 ’25, which means that Oliphint Guy M is holding shares at $134,017 based on the most recent closing price.
Stock Fundamentals for PR
Current profitability levels for the company are sitting at:
- 0.37 for the present operating margin
- 0.43 for the gross margin
The net margin for Permian Resources Corp stands at 0.21. The total capital return value is set at 0.12. Equity return is now at value 16.24, with 7.96 for asset returns.
Based on Permian Resources Corp (PR), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.79. The debt to equity ratio resting at 0.48. The interest coverage ratio of the stock is 6.21.
Currently, EBITDA for the company is 2.22 billion with net debt to EBITDA at 1.1. When we switch over and look at the enterprise to sales, we see a ratio of 3.5. The receivables turnover for the company is 10.99for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.68.
Conclusion
In summary, Permian Resources Corp (PR) 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.
