Pacific Premier Bancorp, Inc [NASDAQ: PPBI] surged by $0.08 during the normal trading session on Monday and reaching a high of $24.97 during the day while it closed the day at $24.49.
Pacific Premier Bancorp, Inc stock has also gained 0.76% of its value over the past 7 days. However, PPBI stock has inclined by 15.52% in the 3 months of the year. Over the past six months meanwhile, it has gained 2.51% and lost -3.66% year-on date.
The market cap for PPBI stock reached $2.38 billion, with 97.02 million shares outstanding and 94.62 million shares in the current float. Compared to the average trading volume of 1.03M shares, PPBI reached a trading volume of 19563967 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 Pacific Premier Bancorp, Inc [PPBI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PPBI shares is $24.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PPBI stock is a recommendation set at 3.00. 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.
Raymond James have made an estimate for Pacific Premier Bancorp, Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 30, 2024. While these analysts kept the previous recommendation, Raymond James dropped their target price from $41 to $35. The new note on the price target was released on July 07, 2022, representing the official price target for Pacific Premier Bancorp, Inc stock. Previously, the target price had yet another drop from $50 to $45, while Stephens kept a Equal-Weight rating on PPBI stock. On October 07, 2021, analysts increased their price target for PPBI shares from 45 to 47.
The Price to Book ratio for the last quarter was 0.80. Price to Free Cash Flow for PPBI in the course of the last twelve months was 13.36.
PPBI stock trade performance evaluation
Pacific Premier Bancorp, Inc [PPBI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.76. With this latest performance, PPBI shares gained by 13.01% in over the last four-week period, additionally plugging by 2.51% over the last 6 months – not to mention a drop of -1.73% 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 PPBI stock in for the last two-week period is set at 66.48, with the RSI for the last a single of trading hit 0.59, and the three-weeks RSI is set at 0.61 for Pacific Premier Bancorp, Inc [PPBI]. The present Moving Average for the last 50 days of trading for this stock 22.38, while it was recorded at 24.44 for the last single week of trading, and 23.20 for the last 200 days.
Pacific Premier Bancorp, Inc [PPBI]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Pacific Premier Bancorp, Inc [PPBI] shares currently have an operating margin of 22.12%. Pacific Premier Bancorp, Inc’s Net Margin is presently recorded at 15.82%.
Pacific Premier Bancorp, Inc (PPBI) Capital Structure & Debt Analysis
According to recent financial data for Pacific Premier Bancorp, Inc. ( PPBI), the Return on Equity (ROE) stands at 4.59%, suggesting modest shareholder returns. The Return on Assets (ROA) is 0.75%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Pacific Premier Bancorp, Inc’s Return on Invested Capital (ROIC) is 4.31%, showcasing its effectiveness in deploying capital for earnings.
Pacific Premier Bancorp, Inc (PPBI) Efficiency & Liquidity Metrics
Based on Pacific Premier Bancorp, Inc’s (PPBI) latest financial statements, the Debt-to-Equity Ratio is 0.06%, indicating its reliance on debt financing relative to shareholder equity.
Pacific Premier Bancorp, Inc (PPBI) Efficiency & Liquidity Metrics
Earnings per share (EPS) analysis for Pacific Premier Bancorp, Inc [PPBI] stock
With the latest financial reports released by the company, Pacific Premier Bancorp, Inc posted 0.37/share EPS, while the average EPS was predicted by analysts to be reported at 0.38/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0. 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 PPBI.
Pacific Premier Bancorp, Inc [PPBI]: Institutional Ownership
There are presently around $95.47%, or 97.50%% of PPBI stock, in the hands of institutional investors. The top three institutional holders of PPBI stocks are: BLACKROCK INC. with ownership of 14.0 million shares, which is approximately 14.7926%. VANGUARD GROUP INC, holding 11.24 million shares of the stock with an approximate value of $$258.07 million in PPBI stocks shares; and VANGUARD GROUP INC, currently with $$129.65 million in PPBI stock with ownership which is approximately 5.9646%.
