With 0.75 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.56 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $21.94 whereas the lowest price it dropped to was $21.085. The 52-week range on PPBI shows that it touched its highest point at $30.28 and its lowest point at $20.52 during that stretch. It currently has a 1-year price target of $29.20. With its current market cap of 2.08 billion, PPBI has annualized dividend of $1.32 while the current yield stands at 6.11%. PPBI paid its most recent dividend on 1738540800, while the ex-dividend date for that was 1738540800. Beta for the stock currently stands at 1.13.
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 down-trending over the past week, with a drop of -4.42%, but this was down by -15.52% over a month. Three-month performance dropped to -22.18% while six-month performance fell -8.39%. The stock lost -8.66% in the past year, while it has lost -13.28% so far this year. A look at the trailing 12-month EPS for PPBI yields 1.65 with Next year EPS estimates of 1.54. For the next quarter, that number is 0.30. This implies an EPS growth rate of -20.81% for this year and 18.11% for next year.
Float and Shares Shorts:
At present, 96.44 million PPBI shares are outstanding with a float of 94.38 million shares on hand for trading. On 2025-02-28, short shares totaled 1.53 million, which was 158.00001 higher than short shares on 1738281600. 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 0.96803004 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 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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. With PPBI analysts setting a high price target of 31.0 and a low target of 25.0, the average target price over the next 12 months is 28.42857. Based on these targets, PPBI could surge 43.45% to reach the target high and rise by 15.69% to reach the target low. Reaching the average price target will result in a growth of 31.55% from current levels.
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 $1.61418 being high and $1.53447 being low. For PPBI, this leads to a yearly average estimate of $1.58429. Based on analyst estimates, the high estimate for the next quarter is $0.35 and the low estimate is $0.27. The average estimate for the next quarter is thus $0.32.
