Prudential Financial Inc. [PRU] stock is trading at $117.95, up 1.08%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PRU shares have gain 5.98% over the last week, with a monthly amount glided 4.64%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Prudential Financial Inc. [NYSE: PRU] stock has seen the most recent analyst activity on February 09, 2024, when Raymond James downgraded its rating to a Mkt Perform. Previously, JP Morgan downgraded its rating to Neutral on January 03, 2024, and dropped its price target to $118. On October 05, 2023, Deutsche Bank initiated with a Hold rating and assigned a price target of $99 on the stock. Jefferies upgraded its rating to a Hold and increased its price target to $93 on September 14, 2023. Raymond James upgraded its rating to a Strong Buy but $125 remained the price target by the analyst firm on August 24, 2023. JP Morgan upgraded its rating to Overweight for this stock on April 04, 2023, but kept the price target unchanged to $114. In a note dated January 09, 2023, Goldman downgraded an Sell rating on this stock and revised its target price from $98 to $96.
Prudential Financial Inc. [PRU] stock has fluctuated between $77.87 and $118.69 over the past year. Currently, Wall Street analysts expect the stock to reach $107.8 within the next 12 months. Prudential Financial Inc. [NYSE: PRU] shares were valued at $117.95 at the most recent close of the market. An investor can expect a potential drop of -8.61% based on the average PRU price forecast.
Analyzing the PRU fundamentals
Prudential Financial Inc. [NYSE:PRU] reported sales of 58.91B for the trailing twelve months, which represents a growth of 37.92%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.08 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 116.93 points at the first support level, and at 115.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 118.56, and for the 2nd resistance point, it is at 119.16.
Ratios To Look Out For
For context, Prudential Financial Inc.’s Current Ratio is 3.10. Considering the valuation of this stock, the price to sales ratio is 0.72, the price to book ratio is 1.56 and price to earnings (TTM) ratio is 19.93.
Transactions by insiders
Recent insider trading involved SCHMIDT TIMOTHY L, Senior Vice President, that happened on May 08 ’24 when 5189.0 shares were sold. Executive Vice President, SULLIVAN ANDREW F completed a deal on Mar 12 ’24 to sell 7685.0 shares. Meanwhile, SVP and Controller Axel Robert sold 6436.0 shares on Mar 12 ’24.
