With 0.91 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.97 million shares. The 52-week range on PPBI shows that it touched its highest point at $30.28 and its lowest point at $18.06 during that stretch. It currently has a 1-year price target of $25.25. With its current market cap of 2.01 billion, PPBI has annualized dividend of $1.32 while the current yield stands at 6.38%. Beta for the stock currently stands at 1.14.
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 -3.36%, but this was down by -0.05% over a month. Three-month performance dropped to -7.76% while six-month performance fell -26.43%. The stock lost -5.27% in the past year, while it has lost -17.01% so far this year. A look at the trailing 12-month EPS for PPBI yields 1.53 with Next year EPS estimates of 1.53. For the next quarter, that number is 0.32. This implies an EPS growth rate of -16.77% for this year and 11.70% for next year.
Float and Shares Shorts:
At present, 97.07 million PPBI shares are outstanding with a float of 94.76 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 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.
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.
