Premier Financial Corp (NASDAQ: PFC) is -3.32% lower on its value in year-to-date trading and has touched a low of $18.63 and a high of $29.63 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PFC stock was last observed hovering at around $24.94 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $24.72, the stock is -6.10% and -8.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.39 million and changing -0.88% at the moment leaves the stock 6.47% off its SMA200. PFC registered 5.37% gain for a year compared to 6-month gain of 19.02%. The firm has a 50-day simple moving average (SMA 50) of $26.8858 and a 200-day simple moving average (SMA200) of $23.2181.
The stock witnessed a -13.75% loss in the last 1 month and extending the period to 3 months gives it a 8.23%, and is -3.32% 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 2.54% over the week and 2.78% over the month.
Premier Financial Corp (PFC) has around 1023 employees, a market worth around $885.99M and $446.91M in sales. Current P/E ratio is 12.56 and Fwd P/E is 11.58. Profit margin for the company is 15.76%. Distance from 52-week low is 32.69% and -16.57% from its 52-week high. The company has generated returns on investments over the last 12 months (6.27%).
The EPS is expected to shrink by -38.26% this year
236.0 institutions hold shares in Premier Financial Corp (PFC), with institutional investors hold 70.50% of the company’s shares. The shares outstanding are 35.84M, and float is at 35.03M with Short Float at 1.42%. Institutions hold 69.02% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.41 million shares valued at $90.27 million. The investor’s holdings represent 12.3707 of the PFC Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 2.24 million shares valued at $45.88 million to account for 6.2879 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.94 million shares representing 5.4261 and valued at over $39.59 million, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 3.6913 of the shares totaling 1.32 million with a market value of $26.93 million.
Premier Financial Corp (PFC) Insider Activity
The most recent transaction is an insider sale by Rose Dennis E Jr, the company’s EVP, Chief Strategy Officer. SEC filings show that Rose Dennis E Jr sold 2,000 shares of the company’s common stock on Nov 18 ’24 at a price of $27.98 per share for a total of $55969.0. Following the sale, the insider now owns 36144.0 shares.
Premier Financial Corp disclosed in a document filed with the SEC on Nov 15 ’24 that Hileman Donald P. (Director) sold a total of 1,500 shares of the company’s common stock. The trade occurred on Nov 15 ’24 and was made at $28.31 per share for $42465.0. Following the transaction, the insider now directly holds 26811.0 shares of the PFC stock.
Still, SEC filings show that on Nov 18 ’24, Rose Dennis E Jr (Officer) Proposed Sale 2,000 shares at an average price of $27.98 for $55969.0. The insider now directly holds shares of Premier Financial Corp (PFC).
