Permian Resources Corp (NYSE: PR) is -2.99% lower on its value in year-to-date trading and has touched a low of $10.01 and a high of $16.78 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 PR stock was last observed hovering at around $13.63 in the last trading session, with the day’s gains setting it 0.32%.
Currently trading at $13.95, the stock is 14.15% and 10.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.15 million and changing 2.35% at the moment leaves the stock -0.17% off its SMA200. PR registered -16.49% loss for a year compared to 6-month loss of -6.81%.
The stock witnessed a 26.36% gain in the last 1 month and extending the period to 3 months gives it a -7.06%, and is 16.54% 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 4.14% over the week and 3.77% over the month.
Permian Resources Corp (PR) has around 482 employees, a market worth around $11.16B and $5.13B in sales. Current P/E ratio is 8.61 and Fwd P/E is 10.17. Profit margin for the company is 22.84%. Distance from 52-week low is 39.36% and -16.86% from its 52-week high. The company has generated returns on investments over the last 12 months (8.89%).
The EPS is expected to shrink by -4.18% this year.
Permian Resources Corp (PR) Top Institutional Holders
The shares outstanding are 704.87M, and float is at 536.29M with Short Float at 6.43%.
The top institutional shareholder in the company is BLACKROCK INC. with over 54.34 million shares valued at $877.59 million. The investor’s holdings represent 8.8755% of the PR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 50.39 million shares valued at $813.73 million to account for 8.2296 of the shares outstanding. The other top investors are RIVERSTONE HOLDINGS LLC which holds 39.19 million shares representing 6.4007% and valued at over $632.88 million, while POST OAK ENERGY HOLDINGS, LLC holds 3.4379 of the shares totaling 21.05 million with a market value of $339.94 million.
Permian Resources Corp (PR) Insider Activity
The most recent transaction is an insider purchase by Quinn William J, the company’s Director. SEC filings show that Quinn William J bought 250,000 shares of the company’s common stock on Mar 05 ’25 at a price of $12.10 per share for a total of $3.02 million. Following the purchase, the insider now owns 1.31 million shares.
Permian Resources Corp disclosed in a document filed with the SEC on Mar 03 ’25 that Quinn William J (Director) bought a total of 500,000 shares of the company’s common stock. The trade occurred on Mar 03 ’25 and was made at $13.07 per share for $6.54 million. Following the transaction, the insider now directly holds 0.81 million shares of the PR stock.
Still, SEC filings show that on Mar 04 ’25, Quinn William J (Director) acquired 250,000 shares at an average price of $12.34 for $3.09 million. The insider now directly holds 1,062,429 shares of Permian Resources Corp (PR).
