In the last trading session, 7.2 million Permian Resources Corp (NYSE:PR) shares changed hands as the company’s beta touched 4.32. With the company’s per share price at $17.55 changed hands at $0.18 or 1.04% during last session, the market valuation stood at $9.49B. PR’s last price was a discount, traded about -4.16% off its 52-week high of $18.28. The share price had its 52-week low at $8.80, which suggests the last value was 49.86% up since then. When we look at Permian Resources Corp’s average trading volume, we note the 3-month average coming to 9.63 million.
Permian Resources Corp (NYSE:PR) trade information
Instantly PR was in green as seen at the end of in last trading. With action 4.78%, the performance over the past five days has been green. The jump to weekly highs of 17.62 added 1.04% to the stock’s daily price. The company’s shares are showing year-to-date upside of 29.85%, with the 5-day performance at 4.78% in the green. However, in the 30-day time frame, Permian Resources Corp (NYSE:PR) is -1.29% down.
Permian Resources Corp (PR) estimates and forecasts
Data shows that the Permian Resources Corp share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 19.65% over the past 6 months, a -12.63% in annual growth rate that is considerably lower than the industry average of -0.40%. Year-over-year growth is forecast to reach 60.40% up from the last financial year.
Consensus estimates given by 14 financial analysts project the company’s revenue in the current quarter to hit an average of 1.2B. 14 analysts are of the opinion that Permian Resources Corp’s revenue for the current quarter will be 1.23B. The company’s revenue for the corresponding quarters a year ago was 616.27M and 661.85M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 95.40%. The estimates for the next quarter sales put growth at 85.30%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 10.57%. The 2024 estimates are for Permian Resources Corp earnings to increase by 32.03%, but the outlook for the next 5-year period is at 12.00% per year.
PR Dividends
Permian Resources Corp is expected to release its next quarterly earnings report in June. The 1.14% annual yield figure for the share gives it an annual dividend of 0.20. It is important to note, however, that the 1.14% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
