A share price of Pinnacle Financial Partners Inc [PNFP] is currently trading at $119.96, up 1.69%. 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 PNFP shares have gain 5.07% over the last week, with a monthly amount glided 1.32%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Pinnacle Financial Partners Inc [NASDAQ: PNFP] stock has seen the most recent analyst activity on December 19, 2024, when Barclays upgraded its rating to a Overweight and also boosted its price target to $135 from $120. On December 04, 2024, downgrade downgraded it’s rating to Mkt Perform and revised its price target to $135 on the stock. Hovde Group downgraded its rating to a Market Perform but stick to its price target of $135 on November 18, 2024. Wells Fargo downgraded its rating to a Equal Weight but $100 remained the price target by the analyst firm on October 01, 2024. Hovde Group reiterated a Outperform rating for this stock on September 27, 2024, and upped its price target to $114. In a note dated July 18, 2024, Piper Sandler downgraded an Neutral rating on this stock and boosted its target price from $95 to $98.
Pinnacle Financial Partners Inc experienced fluctuations in its stock price throughout the past year between $73.62 and $131.91. Currently, Wall Street analysts expect the stock to reach $110.5 within the next 12 months. Pinnacle Financial Partners Inc [NASDAQ: PNFP] shares were valued at $119.96 at the most recent close of the market. An investor can expect a potential drop of -7.89% based on the average PNFP price forecast.
Analyzing the PNFP fundamentals
Trailing Twelve Months sales for Pinnacle Financial Partners Inc [NASDAQ:PNFP] were 2.93B which represents 14.16% growth. Gross Profit Margin for this corporation currently stands at 1.21% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.41.
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 118.13 points at the first support level, and at 116.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 122.26, and for the 2nd resistance point, it is at 124.57.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Pinnacle Financial Partners Inc [NASDAQ:PNFP] is 0.16. Considering the valuation of this stock, the price to sales ratio is 3.17, the price to book ratio is 1.51 and price to earnings (TTM) ratio is 22.79.
Transactions by insiders
Recent insider trading involved CARPENTER HAROLD R, EVP & CFO, that happened on Dec 09 ’24 when 3051.0 shares were sold. Director, INGRAM DAVID B completed a deal on Dec 06 ’24 to sell 20000.0 shares. Meanwhile, Director INGRAM DAVID B sold 3610.0 shares on Dec 09 ’24.
