An Analysis Of Prosperity Bancshares Inc. (PB)’s Weekly Performance


As of Wednesday close, Prosperity Bancshares Inc.’s (NYSE:PB) stock was down -$0.02, moving down -0.03 percent to $75.49. The average number of shares traded per day over the past five days has been 374,820 shares. 5 times new highs have been achieved over the past 5 days, with a $1.65 gain in that time frame. In the last twenty days, the average volume was 422,240, while in the previous 50 days, it was 483,770.

Since last month, PB stock rose 1.96%. Shares of the company fell to $69.37 on 11/03/22, the lowest level in the past month. A 52-week high of $80.46 was reached on 01/19/22 after having rallying from a 52-week low of $64.69. Since the beginning of this year, PB’s stock price has risen by 4.41% or $3.19, and marked a new high 9 times. However, the stock has declined by -6.18% since its 52-week high.

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PB stock investors should be aware that Prosperity Bancshares Inc. (PB) stock had its last reported insider trading activity 149 days ago on Jun 28. Fisk George A., the Director of the company, disposed of 1,100 shares for $70.38 on Jun 28. It resulted in a $77,418 divestment by the insider. Fisk George A. sold 1,200 shares at an average price of $69.50 on Jun 27. The insider now owns 93,611 shares following the transaction. On Jun 16, Chairman TIMANUS H E JR bought 2,000 shares at $65.60 apiece. The transaction was valued at $131,200.

Valuation Metrics

Right now, Prosperity Bancshares Inc. (PB) has a P/E ratio of about 13.50. The stock’s beta is 1.02. Besides these, the trailing price-to-sales (P/S) ratio of 6.56, the price-to-book (PB) ratio of 1.04, and the price-to-cash flow ratio of 19.32 may also be considered.

The latest dividend of $0.55 per share was paid out, which is 5.77% more than last year’s $0.52. On Wednesday October 19 2022, a $0.03 dividend increase was announced.

Financial Health

In the year ended September 29, operating margins totaled 95.60%. Based on annual data, PB earned $993.31 million in gross profit and brought in $1.05 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.30%. Return on equity (ROE) for the past 12 months was 7.90%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Prosperity Bancshares Inc. to report $1.49 quarterly earnings, the actual figure was $1.49 per share. The value of shareholders’ equity is $91.31 million.

Technical Picture

This quick technical analysis looks at Prosperity Bancshares Inc.’s (PB) price momentum. With a historical volatility rate of 15.48%, the RSI 9-day stood at 66.36% on 23 November.

With respect to its five-day moving average, the current Prosperity Bancshares Inc. price is up by +2.23% percent or $1.65. At present, PB shares trade +5.32% above its 20-day simple moving average and +8.62% percent above its 100-day simple moving average. However, the stock is currently trading approximately +7.49% above its SMA50 and -0.70% below its SMA200.

Stochastic coefficient K was 86.63% and Stochastic coefficient D was 78.89%, while ATR was 1.42. Given the Stochastic reading of 85.16% for the 14-day period, the RSI (14) reading has been calculated as 61.84%. As of today, the MACD Oscillator reading stands at 0.92, while the 14-day reading stands at 1.36.


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