Prudential Financial Inc. (NYSE: PRU) is 13.17% higher on its value in year-to-date trading and has touched a low of $83.34 and a high of $121.39 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 $117.84 in the last trading session, with the day’s loss setting it -0.47%.
Currently trading at $117.37, the stock is -1.08% and 1.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing -0.40% at the moment leaves the stock 12.63% off its SMA200. PRU registered 38.34% gain for a year compared to 6-month gain of 17.77%.
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The stock witnessed a -0.49% loss in the last 1 month and extending the period to 3 months gives it a 5.25%, and is -1.88% 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 1.56% over the week and 1.39% over the month.
Prudential Financial Inc. (PRU) has around 40658 employees, a market worth around $42.14B and $58.91B in sales. Current P/E ratio is 19.84 and Fwd P/E is 8.01. Profit margin for the company is 3.63%. Distance from 52-week low is 40.83% and -3.32% from its 52-week high. The company has generated returns on investments over the last 12 months (4.48%).
The EPS is expected to grow by 16.38% this year.
Prudential Financial Inc. (PRU) Top Institutional Holders
The shares outstanding are 359.22M, and float is at 358.31M with Short Float at 1.26%.
Prudential Financial Inc. (PRU) Insider Activity
The most recent transaction is an insider sale by FALZON ROBERT,the company’sEVP and Vice Chairman. SEC filings show that FALZON ROBERT sold 130,092 shares of the company’s common stock on May 13 ’24 at a price of $118.57 per share for a total of $15.43 million. Following the sale, the insider now owns 0.2 million shares.
Prudential Financial Inc. disclosed in a document filed with the SEC on May 08 ’24 that SCHMIDT TIMOTHY L (Senior Vice President) sold a total of 5,189 shares of the company’s common stock. The trade occurred on May 08 ’24 and was made at $116.58 per share for $0.6 million. Following the transaction, the insider now directly holds 12236.0 shares of the PRU stock.
Still, SEC filings show that on Mar 12 ’24, SULLIVAN ANDREW F (Executive Vice President) disposed off 7,685 shares at an average price of $111.57 for $0.86 million. The insider now directly holds 13,691 shares of Prudential Financial Inc. (PRU).
