Permian Resources Corporation (PR)
NYSE: PR · IEX Real-Time Price · USD
17.66
+0.51 (2.97%)
At close: Mar 28, 2024, 4:00 PM
17.69
+0.03 (0.17%)
After-hours: Mar 28, 2024, 7:59 PM EDT
Permian Resources Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Permian Resources stock have an average target of 17.92, with a low estimate of 14 and a high estimate of 24. The average target predicts an increase of 1.47% from the current stock price of 17.66.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PR stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
Buy | 4 | 4 | 4 | 4 | 4 | 4 |
Hold | 2 | 2 | 2 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 11 | 11 | 11 | 12 | 12 | 12 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Stifel | Stifel | Strong Buy Maintains $18 → $20 | Strong Buy | Maintains | $18 → $20 | +13.25% | Mar 22, 2024 |
Mizuho | Mizuho | Strong Buy Maintains $16 → $18 | Strong Buy | Maintains | $16 → $18 | +1.93% | Mar 7, 2024 |
Piper Sandler | Piper Sandler | Buy Maintains $17 → $22 | Buy | Maintains | $17 → $22 | +24.58% | Mar 7, 2024 |
RBC Capital | RBC Capital | Buy Reiterates $17 | Buy | Reiterates | $17 | -3.74% | Mar 5, 2024 |
Benchmark | Benchmark | Strong Buy Maintains $16 → $17 | Strong Buy | Maintains | $16 → $17 | -3.74% | Mar 5, 2024 |
Financial Forecast
Revenue This Year
5.06B
from 3.12B
Increased by 62.23%
Revenue Next Year
5.45B
from 5.06B
Increased by 7.68%
EPS This Year
1.56
from 1.24
Increased by 25.79%
EPS Next Year
1.77
from 1.56
Increased by 13.72%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 5.7B | 6.7B | 6.4B |
Avg | 5.1B | 5.5B | 5.5B |
Low | 4.5B | 4.8B | 4.4B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 82.7% | 31.4% | 17.6% |
Avg | 62.2% | 7.7% | 1.4% |
Low | 44.8% | -5.5% | -18.5% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 2.40 | 2.72 | 3.10 |
Avg | 1.56 | 1.77 | 1.82 |
Low | 0.89 | 1.08 | 1.01 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 93.9% | 74.3% | 74.6% |
Avg | 25.8% | 13.7% | 2.5% |
Low | -28.1% | -30.6% | -43.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.