Prudential Financial Inc. (PRU) Shares on the Rise: Short-term Analysis

Prudential Financial Inc. [PRU] stock is trading at $125.83, up 0.53%. 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 4.09% over the last week, with a monthly amount glided 6.88%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Prudential Financial Inc. [NYSE: PRU] stock has seen the most recent analyst activity on October 09, 2024, when TD Cowen initiated its Hold rating and assigned the stock a price target of $130. Previously, Barclays started tracking the stock with Equal Weight rating on September 05, 2024, and set its price target to $118. On August 12, 2024, upgrade upgraded it’s rating to Equal Weight but maintained its price target of $113 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $143 on May 22, 2024. Raymond James downgraded its rating to a Mkt Perform. JP Morgan downgraded its rating to Neutral for this stock on January 03, 2024, and downed its price target to $118. In a note dated October 05, 2023, Deutsche Bank initiated an Hold rating and provided a target price of $99 on this stock.

Prudential Financial Inc. [PRU] stock has fluctuated between $87.95 and $128.52 over the past year. Currently, Wall Street analysts expect the stock to reach $115.9 within the next 12 months. Prudential Financial Inc. [NYSE: PRU] shares were valued at $125.83 at the most recent close of the market. An investor can expect a potential drop of -7.89% based on the average PRU price forecast.

Analyzing the PRU fundamentals

Prudential Financial Inc. [NYSE:PRU] reported sales of 60.29B for the trailing twelve months, which represents a growth of 10.26%. Gross Profit Margin for this corporation currently stands at 1.02% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.1 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.0.

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 124.83 points at the first support level, and at 123.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 127.11, and for the 2nd resistance point, it is at 128.38.

Ratios To Look Out For

For context, Prudential Financial Inc.’s Current Ratio is 3.66. Considering the valuation of this stock, the price to sales ratio is 0.75, the price to book ratio is 1.61 and price to earnings (TTM) ratio is 16.09.

Transactions by insiders

Recent insider trading involved PRUDENTIAL INSURANCE CO OF AME, 10% Owner, that happened on Oct 08 ’24 when 0.26 million shares were purchased. Executive Vice President, Feeney Caroline completed a deal on Sep 03 ’24 to sell 1110.0 shares. Meanwhile, Officer Feeney Caroline bought 1110.0 shares on Sep 03 ’24.

Related Posts