At the time of writing, Permian Resources Corp [PR] stock is trading at $15.48, up 0.58%. 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 PR shares have gain 3.61% over the last week, with a monthly amount glided 3.06%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Permian Resources Corp [NYSE: PR] stock has seen the most recent analyst activity on January 10, 2025, when Morgan Stanley initiated its Overweight rating and assigned the stock a price target of $19. Previously, Goldman started tracking the stock with Buy rating on September 30, 2024, and set its price target to $19. On July 18, 2024, Wolfe Research initiated with a Peer Perform rating. BMO Capital Markets upgraded its rating to a Outperform but stick to its price target of $21 on July 03, 2024. Raymond James started tracking with a Strong Buy rating for this stock on April 09, 2024, and assigned it a price target of $24. In a note dated January 05, 2024, BofA Securities initiated an Neutral rating and provided a target price of $15 on this stock.
For the past year, the stock price of Permian Resources Corp fluctuated between $12.28 and $17.94. Currently, Wall Street analysts expect the stock to reach $19.6 within the next 12 months. Permian Resources Corp [NYSE: PR] shares were valued at $15.48 at the most recent close of the market. An investor can expect a potential return of 26.61% based on the average PR price forecast.
Analyzing the PR fundamentals
According to Permian Resources Corp [NYSE:PR], the company’s sales were 4.83B for trailing twelve months, which represents an 60.25% jump. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.36%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.13 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.48.
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 15.30 points at the first support level, and at 15.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.62, and for the 2nd resistance point, it is at 15.77.
Ratios To Look Out For
It is important to note that Permian Resources Corp [NYSE:PR] has a current ratio of 0.68. Further, the Quick Ratio stands at 0.68, while the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 2.58, the price to book ratio is 1.21 and price to earnings (TTM) ratio is 9.41.
Transactions by insiders
Recent insider trading involved Oliphint Guy M, EVP, Chief Financial Officer, that happened on Jan 03 ’25 when 8761.0 shares were sold. Officer, Oliphint Guy M completed a deal on Jan 06 ’25 to buy 8761.0 shares. Meanwhile, Director Quinn William J bought 0.25 million shares on Sep 10 ’24.
