For Permian Resources Corp [PR], Analyst sees a rise to $20. What next?

Permian Resources Corp [NYSE: PR] stock went on an upward path that rose over 3.18% on Friday, amounting to a one-week price increase of more than 9.86%.

Over the last 12 months, PR stock dropped by -4.06%. The one-year Permian Resources Corp stock forecast points to a potential upside of 17.29. The average equity rating for PR stock is currently 1.12, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $11.94 billion, with 704.87 million shares outstanding and 536.03 million shares in the current float. Compared to the average trading volume of 10.18M shares, PR stock reached a trading volume of 15815537 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Permian Resources Corp [PR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PR shares is $18.05 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PR stock is a recommendation set at 1.12. 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.

Susquehanna have made an estimate for Permian Resources Corp shares, keeping their opinion on the stock as Positive, with their previous recommendation back on March 05, 2025. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Overweight. The new note on the price target was released on January 10, 2025, representing the official price target for Permian Resources Corp stock. Previously, the target price had yet another raise to $19, while Goldman analysts kept a Buy rating on PR stock.

The Average True Range (ATR) for Permian Resources Corp is set at 0.47, with the Price to Sales ratio for PR stock in the period of the last 12 months amounting to 2.33. The Price to Book ratio for the last quarter was 1.12, with the Price to Cash per share for the same quarter was set at 0.88. Price to Free Cash Flow for PR in the course of the last twelve months was 19.71 with Quick ratio for the last quarter at 0.86.

PR Stock Performance Analysis:

Permian Resources Corp [PR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.86. With this latest performance, PR shares gained by 8.19% in over the last four-week period, additionally plugging by 1.08% over the last 6 months – not to mention a drop of -4.06% in the past year of trading.

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Insight into Permian Resources Corp Fundamentals:

Permian Resources Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.86 and a Current Ratio set at 0.86.

PR Stock EPS

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 PR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Permian Resources Corp go to 7.11%.

Permian Resources Corp [PR] Institutonal Ownership Details

The top three institutional holders of PR stocks are: BLACKROCK INC. with ownership of 54.34 million shares, which is approximately 8.8755%. VANGUARD GROUP INC, holding 50.39 million shares of the stock with an approximate value of $$813.73 million in PR stocks shares; and VANGUARD GROUP INC, currently with $$632.88 million in PR stock with ownership which is approximately 6.4007%.

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