While Pacific Premier Bancorp, Inc. has underperformed by -3.32%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PPBI rose by 32.82%, with highs and lows ranging from $30.13 to $17.86, whereas the simple moving average jumped by 3.94% 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)
PPBI currently pays a dividend of $1.32 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter decrease in sales is -8.02%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Pacific Premier Bancorp, Inc.’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -0.12% is sufficient for you to turn a profit off your investment.
An average volume of 571.66K can be a very valuable indicator of volatility for PPBI stock. On a monthly basis, the volatility of the stock is set at 2.97%, whereas on a weekly basis, it is put at 3.32%, with a loss of -8.62% over the past seven days. Furthermore, long-term investors anticipate a median target price of $27.43, showing growth from the present price of $25.01, 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?
In addition to the fundamentals, you should also consider how many employees own shares in the company. 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 2.25%. 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 94.22% 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 94.22% at present.
