Pioneer Natural Resources Co. [NYSE: PXD] closed the trading session at $267.66.
The stocks have a year to date performance of 19.69 percent and weekly performance of -2.85 percent. The stock has been moved at 13.60 percent over the last six months. The stock has performed -0.66 percent around the most recent 30 days and changed 17.11 percent over the most recent 3-months.
If compared to the average trading volume of 1.96M shares, PXD reached to a volume of 5911157 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Pioneer Natural Resources Co. [PXD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PXD shares is $276.87 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PXD stock is a recommendation set at 2.76. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Argus have made an estimate for Pioneer Natural Resources Co. shares, keeping their opinion on the stock as Sell, with their previous recommendation back on November 24, 2023. While these analysts kept the previous recommendation, Bernstein dropped their target price from $273 to $246. The new note on the price target was released on October 17, 2023, representing the official price target for Pioneer Natural Resources Co. stock. On August 16, 2023, analysts increased their price target for PXD shares from 251 to 264.
The Average True Range (ATR) for Pioneer Natural Resources Co. is set at 5.32, with the Price to Sales ratio for PXD stock in the period of the last 12 months amounting to 3.23. The Price to Book ratio for the last quarter was 2.70, with the Price to Cash per share for the same quarter was set at 1.62. Price to Free Cash Flow for PXD in the course of the last twelve months was 16.90 with Quick ratio for the last quarter at 0.72.
PXD stock trade performance evaluation
Pioneer Natural Resources Co. [PXD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.85. With this latest performance, PXD shares dropped by -0.66% in over the last four-week period, additionally plugging by 13.60% over the last 6 months – not to mention a rise of 26.66% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PXD stock in for the last two-week period is set at 51.59, with the RSI for the last a single of trading hit 44.57, and the three-weeks RSI is set at 56.01 for Pioneer Natural Resources Co. [PXD]. The present Moving Average for the last 50 days of trading for this stock 256.91, while it was recorded at 270.92 for the last single week of trading, and 237.74 for the last 200 days.
Pioneer Natural Resources Co. [PXD]: An insightful look at the core fundamentals
Pioneer Natural Resources Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.72 and a Current Ratio set at 0.88.
Earnings per share (EPS) analysis for Pioneer Natural Resources Co. [PXD] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PXD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Pioneer Natural Resources Co. go to 2.00%.
Pioneer Natural Resources Co. [PXD]: Institutional Ownership
The top three institutional holders of PXD stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in PXD stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in PXD stock with ownership which is approximately 5.8386%.
