The stock of Pinnacle Financial Partners Inc (NASDAQ: PNFP) has increased by 0.34 when compared to last closing price of 125.50.Despite this, the company has seen a gain of 2.93% in its stock price over the last five trading days. zacks.com reported 2025-01-27 that Does Pinnacle Financial (PNFP) have what it takes to be a top stock pick for momentum investors? Let’s find out.
Is It Worth Investing in Pinnacle Financial Partners Inc (NASDAQ: PNFP) Right Now?
Pinnacle Financial Partners Inc (NASDAQ: PNFP) has a price-to-earnings ratio of 21.03x that is above its average ratio. Additionally, the 36-month beta value for PNFP is 1.09. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The public float for PNFP is 75.86M and currently, short sellers hold a 2.07% ratio of that float. The average trading volume of PNFP on January 31, 2025 was 501.14K shares.
PNFP’s Market Performance
PNFP stock saw an increase of 2.93% in the past week, with a monthly gain of 10.26% and a quarterly increase of 21.14%. The volatility ratio for the week is 2.26%, and the volatility levels for the last 30 days are 2.62% for Pinnacle Financial Partners Inc (PNFP). The simple moving average for the past 20 days is 5.92% for PNFP’s stock, with a 28.64% simple moving average for the past 200 days.
Analysts’ Opinion of PNFP
Many brokerage firms have already submitted their reports for PNFP stocks, with Barclays repeating the rating for PNFP by listing it as a “Overweight.” The predicted price for PNFP in the upcoming period, according to Barclays is $135 based on the research report published on December 19, 2024 of the previous year 2024.
Keefe Bruyette gave a rating of “Mkt Perform” to PNFP, setting the target price at $135 in the report published on December 04th of the previous year.
PNFP Trading at 4.97% from the 50-Day Moving Average
After a stumble in the market that brought PNFP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.53% of loss for the given period.
Volatility was left at 2.62%, however, over the last 30 days, the volatility rate increased by 2.26%, as shares surge +10.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.04% upper at present.
During the last 5 trading sessions, PNFP rose by +2.93%, which changed the moving average for the period of 200-days by +57.51% in comparison to the 20-day moving average, which settled at $118.89. In addition, Pinnacle Financial Partners Inc saw 10.09% 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 PNFP starting from DAVID B INGRAM, who proposed sale 10,309 shares at the price of $126.00 back on Jan 30 ’25. After this action, DAVID B INGRAM now owns shares of Pinnacle Financial Partners Inc, valued at $1,298,934 using the latest closing price.
CARPENTER HAROLD R, the EVP & CFO of Pinnacle Financial Partners Inc, sale 3,051 shares at $125.57 during a trade that took place back on Dec 09 ’24, which means that CARPENTER HAROLD R is holding 60,805 shares at $383,114 based on the most recent closing price.
Stock Fundamentals for PNFP
Current profitability levels for the company are sitting at:
- 0.42 for the present operating margin
- 1.21 for the gross margin
The net margin for Pinnacle Financial Partners Inc stands at 0.19. The total capital return value is set at 0.02. Equity return is now at value 7.62, with 0.94 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 3.72. The receivables turnover for the company is 11.8for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.44.
Conclusion
In conclusion, Pinnacle Financial Partners Inc (PNFP) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
