Prudential Financial Inc. (NYSE: PRU) is 4.48% higher on its value in year-to-date trading and has touched a low of $77.22 and a high of $118.69 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PRU stock was last observed hovering at around $109.69 in the last trading session, with the day’s loss setting it -1.33%.
Currently trading at $108.36, the stock is -5.60% and -2.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing -1.21% at the moment leaves the stock 8.46% off its SMA200. PRU registered 27.68% gain for a year compared to 6-month gain of 15.22%.
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The stock witnessed a -3.02% loss in the last 1 month and extending the period to 3 months gives it a 4.97%, and is -6.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.20% over the week and 1.51% over the month.
Prudential Financial Inc. (PRU) has around 40658 employees, a market worth around $38.90B and $52.45B in sales. Current P/E ratio is 16.10 and Fwd P/E is 7.42. Profit margin for the company is 4.69%. Distance from 52-week low is 40.33% and -8.70% from its 52-week high. The company has generated returns on investments over the last 12 months (5.09%).
The EPS is expected to grow by 16.51% this year.
Prudential Financial Inc. (PRU) Top Institutional Holders
The shares outstanding are 359.22M, and float is at 358.21M with Short Float at 1.37%.
Prudential Financial Inc. (PRU) Insider Activity
The most recent transaction is an insider sale by SULLIVAN ANDREW F,the company’sExecutive Vice President. SEC filings show that SULLIVAN ANDREW F sold 7,685 shares of the company’s common stock on Mar 12 ’24 at a price of $111.57 per share for a total of $0.86 million. Following the sale, the insider now owns 13691.0 shares.
Prudential Financial Inc. disclosed in a document filed with the SEC on Mar 12 ’24 that Axel Robert (SVP and Controller) sold a total of 6,436 shares of the company’s common stock. The trade occurred on Mar 12 ’24 and was made at $111.86 per share for $0.72 million. Following the transaction, the insider now directly holds 7901.0 shares of the PRU stock.
Still, SEC filings show that on Mar 11 ’24, Feeney Caroline (Executive Vice President) disposed off 11,197 shares at an average price of $110.53 for $1.24 million. The insider now directly holds 11,285 shares of Prudential Financial Inc. (PRU).
