A share price of Pennymac Mortgage Investment Trust [PMT] is currently trading at $13.34, up 1.44%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PMT shares have gain 2.14% over the last week, with a monthly amount drifted -1.33%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Pennymac Mortgage Investment Trust [NYSE: PMT] stock has seen the most recent analyst activity on July 10, 2024, when Keefe Bruyette upgraded its rating to a Outperform and also boosted its price target to $15.50 from $15. On December 06, 2023, UBS initiated with a Neutral rating and assigned a price target of $13.50 on the stock. BTIG Research downgraded its rating to a Neutral. Piper Sandler downgraded its rating to a Neutral and reduced its price target to $15 on February 07, 2023. BTIG Research upgraded its rating to Buy for this stock on January 07, 2022, but kept the price target unchanged to $18.50. In a note dated November 09, 2021, Keefe Bruyette downgraded an Mkt Perform rating on this stock and revised its target price from $21 to $19.75.
Pennymac Mortgage Investment Trust experienced fluctuations in its stock price throughout the past year between $12.81 and $15.89. Currently, Wall Street analysts expect the stock to reach $16.25 within the next 12 months. Pennymac Mortgage Investment Trust [NYSE: PMT] shares were valued at $13.34 at the most recent close of the market. An investor can expect a potential return of 21.81% based on the average PMT price forecast.
Analyzing the PMT fundamentals
Trailing Twelve Months sales for Pennymac Mortgage Investment Trust [NYSE:PMT] were 1.82B which represents 168.32% growth. Gross Profit Margin for this corporation currently stands at 0.87% with Operating Profit Margin at 0.6%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.59.
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 13.21 points at the first support level, and at 13.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.41, and for the 2nd resistance point, it is at 13.49.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.64, the price to book ratio is 0.83 and price to earnings (TTM) ratio is 9.84.
Transactions by insiders
Recent insider trading involved Lynch Catherine A., Director, that happened on Oct 25 ’24 when 838.0 shares were purchased. Director, President & CMBO, Jones Doug completed a deal on Sep 03 ’24 to sell 37010.0 shares. Meanwhile, Officer Jones Doug bought 22999.0 shares on Sep 03 ’24.
