With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.57 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $24.64 whereas the lowest price it dropped to was $23.79. The 52-week range on PPBI shows that it touched its highest point at $30.13 and its lowest point at $17.86 during that stretch. It currently has a 1-year price target of $27.71. With its current market cap of 2.36 billion, PPBI has annualized dividend of $1.32 while the current yield stands at 5.40%. Beta for the stock currently stands at 1.20.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PPBI was up-trending over the past week, with a rise of 3.65%, but this was down by -0.81% over a month. Three-month performance surged to 17.27% while six-month performance rose 8.14%. The stock gained 7.76% in the past year, while it has lost -16.01% so far this year. A look at the trailing 12-month EPS for PPBI yields -0.04 with Next year EPS estimates of 1.52. For the next quarter, that number is 0.38. This implies an EPS growth rate of -27.69% for this year and -6.91% for next year. EPS is expected to grow by 8.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -32.97%.
Float and Shares Shorts:
At present, 95.86 million PPBI shares are outstanding with a float of 94.22 million shares on hand for trading. On 2024-08-30, short shares totaled 2.4 million, which was 248.99999999999997 higher than short shares on 1722384000. In addition to Mr. Steven R. Gardner as the firm’s Chairman, President & CEO, Mr. Ronald J. Nicolas Jr. serves as its Senior EVP & CFO.
Institutional Ownership:
Through their ownership of 0.95693 of PPBI’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PPBI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
