In the last three months, 6 analysts have published ratings on PennyMac Financial Servs PFSI, offering a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 4 | 1 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 2 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $94.67, a high estimate of $115.00, and a low estimate of $82.00. Surpassing the previous average price target of $86.00, the current average has increased by 10.08%.
Decoding Analyst Ratings: A Detailed Look
The standing of PennyMac Financial Servs among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mark Devries | Deutsche Bank | Announces | Buy | $115.00 | - |
| Henry Coffey | Wedbush | Raises | Outperform | $105.00 | $85.00 |
| George Bose | Keefe, Bruyette & Woods | Raises | Outperform | $88.00 | $83.00 |
| Douglas Harter | UBS | Announces | Neutral | $85.00 | - |
| Terence Malone | Barclays | Announces | Overweight | $82.00 | - |
| Kevin Barker | Piper Sandler | Raises | Overweight | $93.00 | $90.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to PennyMac Financial Servs. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of PennyMac Financial Servs compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for PennyMac Financial Servs's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
To gain a panoramic view of PennyMac Financial Servs's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on PennyMac Financial Servs analyst ratings.
Unveiling the Story Behind PennyMac Financial Servs
PennyMac Financial Services Inc is a United States-based financial services company primarily engaged in mortgage lending. The company operates through three segments: production, servicing, and investment management. The company's production and servicing segment together form the mortgage banking business that includes mortgage loan origination, acquisition, and sale activities; while the investment management segment includes investment manager's activities, such as performing diligence, and managing acquired assets. The company generates the majority of revenue from its mortgage banking business.
Breaking Down PennyMac Financial Servs's Financial Performance
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Challenges: PennyMac Financial Servs's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -0.38%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: PennyMac Financial Servs's net margin is impressive, surpassing industry averages. With a net margin of 16.67%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): PennyMac Financial Servs's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.63%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): PennyMac Financial Servs's ROA excels beyond industry benchmarks, reaching 0.5%. This signifies efficient management of assets and strong financial health.
Debt Management: PennyMac Financial Servs's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 3.89.
The Basics of Analyst Ratings
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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