For PropertyGuru Group Ltd [PGRU], Analyst sees a rise to $7. What next?

ETSY Stock

PropertyGuru Group Ltd [NYSE: PGRU] stock went on a downward path that fall over 0.00% on Friday, amounting to a one-week price increase of more than 0.31%.

Over the last 12 months, PGRU stock rose by 57.55%. The one-year PropertyGuru Group Ltd stock forecast points to a potential downside of -3.14. The average equity rating for PGRU stock is currently 2.50, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $1.08 billion, with 163.95 million shares outstanding and 27.20 million shares in the current float. Compared to the average trading volume of 576.23K shares, PGRU stock reached a trading volume of 11849295 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on PropertyGuru Group Ltd [PGRU]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PGRU shares is $6.37 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PGRU stock is a recommendation set at 2.50. 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.

Citigroup have made an estimate for PropertyGuru Group Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 03, 2022. While these analysts kept the previous recommendation, JMP Securities raised their target price to Mkt Outperform. The new note on the price target was released on June 30, 2022, representing the official price target for PropertyGuru Group Ltd stock. Previously, the target price had yet another raise to $8.40, while HSBC Securities analysts kept a Buy rating on PGRU stock.

The Average True Range (ATR) for PropertyGuru Group Ltd is set at 0.25, with the Price to Sales ratio for PGRU stock in the period of the last 12 months amounting to 9.43. The Price to Book ratio for the last quarter was 2.41, with the Price to Cash per share for the same quarter was set at 1.35. Price to Free Cash Flow for PGRU in the course of the last twelve months was 43.42 with Quick ratio for the last quarter at 3.48.

PGRU Stock Performance Analysis:

PropertyGuru Group Ltd [PGRU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.31. With this latest performance, PGRU shares gained by 1.86% in over the last four-week period, additionally plugging by 95.25% over the last 6 months – not to mention a rise of 57.55% 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 PGRU stock in for the last two-week period is set at 66.87, with the RSI for the last a single of trading hit 71.29, and the three-weeks RSI is set at 65.29 for PropertyGuru Group Ltd [PGRU]. The present Moving Average for the last 50 days of trading for this stock 5.79, while it was recorded at 6.56 for the last single week of trading, and 4.21 for the last 200 days.

Insight into PropertyGuru Group Ltd Fundamentals:

PropertyGuru Group Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.48 and a Current Ratio set at 3.48.

PGRU Stock EPS

With the latest financial reports released by the company, PropertyGuru Group Ltd posted -0.03/share EPS, while the average EPS was predicted by analysts to be reported at -0.04/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. 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 PGRU.

PropertyGuru Group Ltd [PGRU] Institutonal Ownership Details

The top three institutional holders of PGRU stocks are: TPG GP A, LLC with ownership of 48.5 million shares, which is approximately 30.8314%. KOHLBERG KRAVIS ROBERTS & CO. L.P., holding 43.48 million shares of the stock with an approximate value of $$210.85 million in PGRU stocks shares; and KOHLBERG KRAVIS ROBERTS & CO. L.P., currently with $$27.27 million in PGRU stock with ownership which is approximately 3.574%.