This trade activity should not be overlooked: Permian Basin Royalty Trust (PBT)

With 0.11 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.14 million shares. During the session, the Oil & Gas Midstream company that operates in wider Energy sector, reached to the highest price of $13.38 whereas the lowest price it dropped to was $13.0. The 52-week range on PBT shows that it touched its highest point at $18.49 and its lowest point at $10.14 during that stretch. With its current market cap of 615.24 million, PBT has annualized dividend of $0.77 while the current yield stands at 5.80%. Beta for the stock currently stands at 0.66.

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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 PBT was up-trending over the past week, with a rise of 0.38%, but this was up by 16.81% over a month. Three-month performance surged to 17.23% while six-month performance rose 7.40%. The stock lost -23.74% in the past year, while it has lost -5.44% so far this year. EPS is expected to grow by 10.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.90%.

Float and Shares Shorts:

At present, 46.61 million PBT shares are outstanding with a float of 41.95 million shares on hand for trading. On 2024-06-14, short shares totaled 0.19 million, which was 42.0 higher than short shares on 1715731200.

Institutional Ownership:

Through their ownership of 0.28136998 of PBT’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, PBT reported revenue of $8420909.0 and operating income of $8053284.0. The EBITDA in the recently reported quarter was $8053284.0 and diluted EPS was $0.17.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential.

The surprise factor in the prior quarter was $0.25. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.