With 2.65 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.62 million shares. During the session, the Beverages – Non-Alcoholic company that operates in wider Consumer Defensive sector, reached to the highest price of $32.19 whereas the lowest price it dropped to was $31.0. The 52-week range on PRMB shows that it touched its highest point at $32.40 and its lowest point at $13.62 during that stretch. It currently has a 1-year price target of $35.50. With its current market cap of 12.19 billion, PRMB has annualized dividend of $0.36 while the current yield stands at 1.12%. PRMB paid its most recent dividend on 1732233600, while the ex-dividend date for that was 1732233600. Beta for the stock currently stands at 1.09.
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 PRMB was up-trending over the past week, with a rise of 1.39%, but this was up by 1.23% over a month. Three-month performance surged to 26.30% while six-month performance rose 58.01%. The stock gained 123.95% in the past year, while it has gained 4.42% so far this year. For the next quarter, that number is 0.20. This implies an EPS growth rate of 56.95% for this year and 17.56% for next year.
Float and Shares Shorts:
At present, 379.01 million PRMB shares are outstanding with a float of 159.24 million shares on hand for trading. In addition to Mr. Robbert E. Rietbroek as the firm’s CEO & Director, Mr. Joey Bergstein serves as its President & Chief Commercial Officer.
Institutional Ownership:
Through their ownership of 0.96331 of PRMB’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. The EBITDA in the recently reported quarter was $245300000.0 and diluted EPS was $0.140628.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With PRMB analysts setting a high price target of 40.0 and a low target of 32.0, the average target price over the next 12 months is 36.0. Based on these targets, PRMB could surge 24.49% to reach the target high and fall by -0.4% to reach the target low. Reaching the average price target will result in a growth of 12.04% from current levels.
Analysts have provided yearly estimates in a range of $1.02123 being high and $0.91525 being low. For PRMB, this leads to a yearly average estimate of $0.97306. Based on analyst estimates, the high estimate for the next quarter is $0.23 and the low estimate is $0.2. The average estimate for the next quarter is thus $0.21.
