With 0.96 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.16 million shares. The 52-week range on PRM shows that it touched its highest point at $14.44 and its lowest point at $6.01 during that stretch. It currently has a 1-year price target of $16.00. Beta for the stock currently stands at 1.95.
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 PRM was down-trending over the past week, with a drop of -7.05%, but this was down by -19.70% over a month. Three-month performance dropped to -24.84% while six-month performance fell -17.85%. The stock gained 54.17% in the past year, while it has lost -24.73% so far this year. A look at the trailing 12-month EPS for PRM yields -0.15 with Next year EPS estimates of 0.68. For the next quarter, that number is -0.09. This implies an EPS growth rate of -41.07% for this year and 3.96% for next year. EPS is expected to decline by -18.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 44.83%.
Float and Shares Shorts:
At present, 147.82 million PRM shares are outstanding with a float of 141.37 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PRM since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.68051 being high and $0.68009 being low. For PRM, this leads to a yearly average estimate of $0.6803. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is $0.14. The average estimate for the next quarter is thus $0.14.
