Prudential Financial Inc (NYSE: PRU) is -12.23% lower on its value in year-to-date trading and has touched a low of $90.38 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 $101.59 in the last trading session, with the day’s gains setting it 2.44%.
Currently trading at $104.03, the stock is 1.17% and -3.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.68 million and changing 2.40% at the moment leaves the stock -11.22% off its SMA200. PRU registered -6.67% loss for a year compared to 6-month loss of -17.15%. The firm has a 50-day simple moving average (SMA 50) of $107.5552 and a 200-day simple moving average (SMA200) of $117.17665.
The stock witnessed a -9.03% gain in the last 1 month and extending the period to 3 months gives it a -11.00%, and is 5.49% 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 3.04% over the week and 4.36% over the month.
Prudential Financial Inc (PRU) has around 38196 employees, a market worth around $36.87B and $70.41B in sales. Current P/E ratio is 13.91 and Fwd P/E is 7.03. Profit margin for the company is 3.83%. Distance from 52-week low is 15.10% and -20.31% from its 52-week high. The company has generated returns on investments over the last 12 months (5.52%).
with sales reaching $14.56B over the same period.The EPS is expected to grow by 8.81% this year, but quarterly earnings will post -14.66% year-over-year. Quarterly sales are estimated to shrink -32.89% in year-over-year returns.
1748.0 institutions hold shares in Prudential Financial Inc (PRU), with institutional investors hold 62.06% of the company’s shares. The shares outstanding are 354.57M, and float is at 353.66M with Short Float at 1.91%. Institutions hold 61.95% 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 721,732 shares of the company’s common stock on Mar 26 ’25 at a price of $24.94 per share for a total of $18.0 million. Following the purchase, the insider now owns 5.66 million shares.
Prudential Financial Inc disclosed in a document filed with the SEC on Mar 26 ’25 that PRUDENTIAL INSURANCE CO OF AME (10% Owner) bought a total of 1,340,694 shares of the company’s common stock. The trade occurred on Mar 26 ’25 and was made at $28.53 per share for $38.25 million. Following the transaction, the insider now directly holds 1.48 million shares of the PRU stock.
Still, SEC filings show that on Mar 25 ’25, PRUDENTIAL INSURANCE CO OF AME (10% Owner) acquired 52,595 shares at an average price of $28.52 for $1.5 million. The insider now directly holds 139,987 shares of Prudential Financial Inc (PRU).
