Monthly Drifts in Prudential Financial Inc (PRU) Stock: A Closer Look

Prudential Financial Inc [PRU] stock prices are up 0.68% to $120.07 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PRU shares have gain 4.78% over the last week, with a monthly amount drifted -6.71%, and not 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 November 14, 2024, when Evercore ISI upgraded its rating to a In-line and also boosted its price target to $140 from $117. Previously, TD Cowen started tracking the stock with Hold rating on October 09, 2024, and set its price target to $130. On September 05, 2024, Barclays initiated with a Equal Weight rating and assigned a price target of $118 on the stock. Wells Fargo upgraded its rating to a Equal Weight but stick to its price target of $113 on August 12, 2024. Jefferies upgraded its rating to a Buy and raised its price target to $143 on May 22, 2024. Raymond James downgraded its rating to Mkt Perform for this stock on February 09, 2024. In a note dated January 03, 2024, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $119 to $118.

The stock price of Prudential Financial Inc [PRU] has been fluctuating between $100.60 and $130.55 over the past year. Currently, Wall Street analysts expect the stock to reach $119.67 within the next 12 months. Prudential Financial Inc [NYSE: PRU] shares were valued at $120.07 at the most recent close of the market. An investor can expect a potential drop of -0.33% based on the average PRU price forecast.

Analyzing the PRU fundamentals

The Prudential Financial Inc [NYSE:PRU] reported sales of 71.43B for trailing twelve months, representing a surge of 133.36%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.61%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.14 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.71.

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 119.12 points at the first support level, and at 118.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 120.60, and for the 2nd resistance point, it is at 121.12.

Ratios To Look Out For

It’s worth pointing out that Prudential Financial Inc [NYSE:PRU]’s Current Ratio is 2.61. Considering the valuation of this stock, the price to sales ratio is 0.60, the price to book ratio is 1.41 and price to earnings (TTM) ratio is 10.64.

Transactions by insiders

Recent insider trading involved PRUDENTIAL FINANCIAL INC, 10% Owner, that happened on Dec 18 ’24 when 1.5 million shares were purchased. 10% Owner, PRUDENTIAL INSURANCE CO OF AME completed a deal on Dec 13 ’24 to buy 71633.0 shares. Meanwhile, 10% Owner PRUDENTIAL INSURANCE CO OF AME bought 0.54 million shares on Nov 25 ’24.

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