While Pacific Premier Bancorp, Inc. has overperformed by 1.94%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PPBI fell by -9.62%, with highs and lows ranging from $30.13 to $17.53, whereas the simple moving average jumped by 0.62% in the last 200 days.
On January 30, 2024, Raymond James Downgraded Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) to Outperform. A report published by Raymond James on July 07, 2022, Upgraded its rating to ‘Strong Buy’ for PPBI. Stephens also Downgraded PPBI shares as ‘Equal-Weight’, setting a target price of $45 on the company’s shares in a report dated January 25, 2022. Raymond James October 07, 2021d the rating to Outperform on October 07, 2021, and set its price target from $45 to $47. Wedbush initiated its ‘Neutral’ rating for PPBI, as published in its report on May 26, 2021. Stephens’s report from November 04, 2020 suggests a price prediction of $31 for PPBI shares, giving the stock a ‘Overweight’ rating. Stephens also rated the stock as ‘Overweight’.
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Analysis of Pacific Premier Bancorp, Inc. (PPBI)
A return on investment can be expected regardless of PPBI’s performance over the next quarter with the dividend set at $1.32 per share. Further, the quarter-over-quarter decrease in sales is -107.18%, showing a negative trend in the upcoming months.
To gain a thorough understanding of Pacific Premier Bancorp, Inc.’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 0.97% is sufficient for you to turn a profit off your investment.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and PPBI is recording an average volume of 530.54K. On a monthly basis, the volatility of the stock is set at 3.52%, whereas on a weekly basis, it is put at 3.60%, with a gain of 6.91% over the past seven days. Furthermore, long-term investors anticipate a median target price of $29.14, showing growth from the present price of $23.67, which can serve as yet another indication of whether PPBI is worth investing in or should be passed over.
How Do You Analyze Pacific Premier Bancorp, Inc. Shares?
A leading company in the Banks – Regional sector, Pacific Premier Bancorp, Inc. (PPBI) is based in the USA. When comparing Pacific Premier Bancorp, Inc. shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 80.59, there is a growth in quarterly earnings of -286.78%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.08%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 93.80% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
PPBI shares are owned by institutional investors to the tune of 93.80% at present.
