Permian Resources Corp (NYSE:PR): Buy, Sell Or Hold At $15.84?

In recent trading session, Permian Resources Corp (NYSE:PR) saw 1.76 million shares changing hands at last check today with its beta currently measuring 4.27. Company’s recent per share price level of $15.84 trading at $0.18 or 1.15% at last check today assigns it a market valuation of $9.23B. That most recent trading price of PR’s stock is at a discount of -14.39% from its 52-week high price of $18.12 and is indicating a premium of 43.88% from its 52-week low price of $8.89. Taking a look at company’s average trading volume volume of 10.56 million if we extend that period to 3-months.

Permian Resources Corp (NYSE:PR) trade information

Upright in the green today for gaining 1.15%, in the last five days PR remained trading in the red while hitting it’s week-highest on Monday, 05/20/24 when the stock touched $15.84 price level, adding 3.71% to its value on the day. Permian Resources Corp’s shares saw a change of 18.21% in year-to-date performance and have moved -2.52% in past 5-day. Permian Resources Corp (NYSE:PR) showed a performance of -7.81% in past 30-days.

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Permian Resources Corp (PR) estimates and forecasts

Statistics highlight that Permian Resources Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company added 22.91% of value to its shares in past 6 months, showing an annual growth rate of -4.74% while that of industry is -1.60. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 64.10% from the last financial year’s standing.

11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.27B for the same. And 11 analysts are in estimates of company making revenue of 1.3B in the next quarter. Company posted 661.85M and 758.54M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 10.57% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 29.38% while estimates for its earnings growth in next 5 years are of 12.00%.

PR Dividends

Permian Resources Corp is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.