Prudential Financial Inc (NYSE: PRU) is -6.54% lower on its value in year-to-date trading and has touched a low of $104.44 and a high of $130.55 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 PRU stock was last observed hovering at around $110.62 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $110.78, the stock is 0.76% and -2.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing 0.14% at the moment leaves the stock -6.64% off its SMA200. PRU registered -2.03% loss for a year compared to 6-month loss of -6.66%. The firm has a 50-day simple moving average (SMA 50) of $113.8164 and a 200-day simple moving average (SMA200) of $118.6643.
The stock witnessed a -0.79% gain in the last 1 month and extending the period to 3 months gives it a -8.15%, and is 5.46% up 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 2.09% over the week and 2.33% over the month.
Prudential Financial Inc (PRU) has around 38196 employees, a market worth around $39.22B and $70.41B in sales. Current P/E ratio is 14.82 and Fwd P/E is 7.30. Profit margin for the company is 3.83%. Distance from 52-week low is 6.07% and -15.14% from its 52-week high. The company has generated returns on investments over the last 12 months (5.52%).
The EPS is expected to grow by 12.90% this year
1760.0 institutions hold shares in Prudential Financial Inc (PRU), with institutional investors hold 61.66% of the company’s shares. The shares outstanding are 354.57M, and float is at 353.24M with Short Float at 1.79%. Institutions hold 61.55% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 41.64 million shares valued at $4.88 billion. The investor’s holdings represent 11.6051 of the PRU Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 31.4 million shares valued at $3.68 billion to account for 8.7523 of the shares outstanding. The other top investors are STATE STREET CORP which holds 16.96 million shares representing 4.7261 and valued at over $1.99 billion, while GEODE CAPITAL MANAGEMENT, LLC holds 2.3191 of the shares totaling 8.32 million with a market value of $972.59 million.
Prudential Financial Inc (PRU) Insider Activity
The most recent transaction is an insider purchase by PRUDENTIAL INSURANCE CO OF AME, the company’s 10% Owner. SEC filings show that PRUDENTIAL INSURANCE CO OF AME bought 87,047 shares of the company’s common stock on Mar 12 ’25 at a price of $28.72 per share for a total of $2.5 million. Following the purchase, the insider now owns 87047.0 shares.
Prudential Financial Inc disclosed in a document filed with the SEC on Mar 12 ’25 that SULLIVAN ANDREW F (Executive Vice President) sold a total of 6,000 shares of the company’s common stock. The trade occurred on Mar 12 ’25 and was made at $105.98 per share for $0.64 million. Following the transaction, the insider now directly holds 27072.0 shares of the PRU stock.
Still, SEC filings show that on Mar 12 ’25, SULLIVAN ANDREW F (Officer) Proposed Sale 6,000 shares at an average price of $105.98 for $0.64 million. The insider now directly holds shares of Prudential Financial Inc (PRU).
