A share price of Pacific Premier Bancorp, Inc [PPBI] is currently trading at $19.71, up 2.82%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PPBI shares have gain 5.97% over the last week, with a monthly amount drifted -8.83%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Pacific Premier Bancorp, Inc [NASDAQ: PPBI] stock has seen the most recent analyst activity on January 30, 2024, when Raymond James downgraded its rating to a Outperform and also boosted its price target to $29 from $26. Previously, Raymond James upgraded its rating to Strong Buy on July 07, 2022, and dropped its price target to $35. On January 25, 2022, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $45 on the stock. Raymond James downgraded its rating to a Outperform and increased its price target to $47 on October 07, 2021. Wedbush initiated its recommendation with a Neutral and recommended $48 as its price target on May 26, 2021. In a note dated March 25, 2020, Stephens upgraded an Overweight rating on this stock but restated the target price of $25.
Pacific Premier Bancorp, Inc experienced fluctuations in its stock price throughout the past year between $18.06 and $30.28. Currently, Wall Street analysts expect the stock to reach $32.67 within the next 12 months. Pacific Premier Bancorp, Inc [NASDAQ: PPBI] shares were valued at $19.71 at the most recent close of the market. An investor can expect a potential return of 65.75% based on the average PPBI price forecast.
Analyzing the PPBI fundamentals
Trailing Twelve Months sales for Pacific Premier Bancorp, Inc [NASDAQ:PPBI] were 905.03M which represents 1358.46% growth. Gross Profit Margin for this corporation currently stands at 0.84% with Operating Profit Margin at 0.4%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.05 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.
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 19.32 points at the first support level, and at 18.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.94, and for the 2nd resistance point, it is at 20.18.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Pacific Premier Bancorp, Inc [NASDAQ:PPBI] is 0.15. Considering the valuation of this stock, the price to sales ratio is 2.11, the price to book ratio is 0.64 and price to earnings (TTM) ratio is 11.97.
Transactions by insiders
Recent insider trading involved Karr Michael S, SEVP & Chief Risk Officer, that happened on Dec 17 ’24 when 10290.0 shares were sold. Officer, Karr Family Trust UAD 2/15/05 completed a deal on Dec 17 ’24 to buy 10290.0 shares. Meanwhile, Sr.EVP, Chf Human Res. Officer Ohlhaver Margaret S. sold 9273.0 shares on Nov 07 ’24.
