Pacific Premier Bancorp, Inc (NASDAQ: PPBI) is -20.91% lower on its value in year-to-date trading and has touched a low of $18.06 and a high of $30.28 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 PPBI stock was last observed hovering at around $19.17 in the last trading session, with the day’s gains setting it 0.54%.
Currently trading at $19.71, the stock is -1.55% and -10.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing 2.82% at the moment leaves the stock -20.34% off its SMA200. PPBI registered -7.51% loss for a year compared to 6-month loss of -27.99%. The firm has a 50-day simple moving average (SMA 50) of $21.9648 and a 200-day simple moving average (SMA200) of $24.74365.
The stock witnessed a -8.83% gain in the last 1 month and extending the period to 3 months gives it a -20.01%, and is 5.97% 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 2.99% over the week and 4.95% over the month.
Pacific Premier Bancorp, Inc (PPBI) has around 1325 employees, a market worth around $1.91B and $905.03M in sales. Current P/E ratio is 11.97 and Fwd P/E is 12.91. Profit margin for the company is 17.23%. Distance from 52-week low is 9.14% and -34.91% from its 52-week high. The company has generated returns on investments over the last 12 months (4.77%).
with sales reaching $143.25M over the same period.The EPS is expected to shrink by -21.11% this year, but quarterly earnings will post -4.60% year-over-year. Quarterly sales are estimated to shrink -16.18% in year-over-year returns.
Pacific Premier Bancorp, Inc (PPBI) Top Institutional Holders
352.0 institutions hold shares in Pacific Premier Bancorp, Inc (PPBI), with institutional investors hold 97.86% of the company’s shares. The shares outstanding are 96.44M, and float is at 94.76M with Short Float at 1.81%. Institutions hold 95.90% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 14.0 million shares valued at $321.53 million. The investor’s holdings represent 14.7926% of the PPBI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 11.24 million shares valued at $258.07 million to account for 11.8731 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 5.64 million shares representing 5.9822% and valued at over $129.65 million, while STATE STREET CORP holds 5.3844 of the shares totaling 5.1 million with a market value of $117.03 million.
Pacific Premier Bancorp, Inc (PPBI) Insider Activity
The most recent transaction is an insider sale by Karr Michael S, the company’s SEVP & Chief Risk Officer. SEC filings show that Karr Michael S sold 10,290 shares of the company’s common stock on Dec 17 ’24 at a price of $26.87 per share for a total of $0.28 million. Following the sale, the insider now owns 79474.0 shares.
Still, SEC filings show that on Nov 07 ’24, Ohlhaver Margaret S. (Sr.EVP, Chf Human Res. Officer) disposed off 9,273 shares at an average price of $27.96 for $0.26 million. The insider now directly holds 25,475 shares of Pacific Premier Bancorp, Inc (PPBI).
