With 1.45 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.74 million shares. During the session, the Beverages – Non-Alcoholic company that operates in wider Consumer Defensive sector, reached to the highest price of $33.41 whereas the lowest price it dropped to was $32.48. The 52-week range on PRMB shows that it touched its highest point at $33.65 and its lowest point at $13.66 during that stretch. It currently has a 1-year price target of $36.83. With its current market cap of 12.60 billion, PRMB has annualized dividend of $0.36 while the current yield stands at 1.08%. 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 2.00%, but this was up by 6.65% over a month. Three-month performance surged to 26.58% while six-month performance rose 57.01%. The stock gained 129.22% in the past year, while it has gained 7.96% so far this year. For the next quarter, that number is 0.22. This implies an EPS growth rate of 62.33% for this year and 14.05% 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.
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 35.0, the average target price over the next 12 months is 37.6. Based on these targets, PRMB could surge 20.41% to reach the target high and rise by 5.36% to reach the target low. Reaching the average price target will result in a growth of 13.18% from current levels.
Analysts have provided yearly estimates in a range of $1.0562 being high and $0.9466 being low. For PRMB, this leads to a yearly average estimate of $1.00638. 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.
