Prudential Financial Inc. (PRU): What is the Risk Factor?

Prudential Financial Inc. (NYSE:PRU) saw an upside of 0.33% to close Monday at $110.08 after adding $0.36 on the day. The 5-day average trading volume is 1,604,780 shares of the company’s common stock. It has gained $111.91 in the past week. An average of 2,009,885 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,816,056.

PRU’s 1-month performance is 6.10% or $6.33 on its low of $97.05 reached on 09/20/21. The company’s shares have touched a 52-week low of $60.39 and high of $110.12, with the stock’s rally to the 52-week high happening on 10/11/21. YTD, PRU has achieved 41.00% or $32.01. However, the current price is down -0.04%% from the 52-week high price.


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Insider Transactions

On Aug 24, 49 days have gone by since the last insider trading activity for Prudential Financial Inc. (PRU). SCHMIDT TIMOTHY L (Senior Vice President) most recently sold 6,579 shares at $104.91 per share on Aug 24. This transaction cost the insider $690,203. EVP and CFO, TANJI KENNETH, sold 29,285 shares at a price of $90.94 on Mar 22. Then, on Mar 08, Senior Vice President SCHMIDT TIMOTHY L sold 5,000 shares at a price of $94.11 per share. This transaction amounted to $470,550.

Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 16.47 and a low of 3.859. PRU stock has a beta of 1.67. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.65 while the price-to-book (PB) in the most recent quarter is 0.68.

It is projected that Prudential Financial Inc.’s next ex-dividend date will be on 24-Nov. PRU is expected to distribute $1.15 as its next dividend.

As well, the company’s long term debt to equity for the quarter ending June 29 was 0.32, while the total debt to equity was 0.33 while for the period ending June 29; Prudential Financial Inc.’s operating margin was 13.30%. The firm’s gross profit as reported stood at -$227.0 million against revenue of $57.03 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected PRU to announce $3.11 per share in earnings in its latest quarter, but it posted $3.79, representing a 21.90% surprise. EBITDA for the quarter stood at more than $2.79 billion. PRU stock balance sheet for the quarter ending June 29 shows that, with total debt at $34.85 billion. Shareholders hold equity totaling $386.0 million

Technical Picture

Let’s look briefly at Prudential Financial Inc. (PRU) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 71.81% to suggest the stock is trending Overbought, with historical volatility in this time period at 12.97%.

The stock’s 5-day moving average is $108.88, reflecting a +4.13% or $4.37 change from its current price. PRU is currently trading +4.43% above its 20-day SMA, +3.41% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +9.77% and +43.35% respectively.

Stochastic %K and %D was 91.12% and 93.38% and the average true range (ATR) pointed at 2.34. The RSI (14) points at 65.57%, while the 14-day stochastic is at 85.41% with the period’s ATR at 2.34. The stock’s 9-day MACD Oscillator is pointing at 1.94 and 3.25 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Prudential Financial Inc. (NYSE: PRU), UBS launched coverage with a Neutral rating. Analysts offering their rating for PRU stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate PRU as a “sell,”, while 12 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.

What is PRU’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $101.00 and a high of $131.00, with their median price target at $110.00. Looking at these predictions, the average price target given by analysts is for Prudential Financial Inc. (PRU) stock is $110.09.

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