Expert Outlook: Permian Resources Through The Eyes Of 7 Analysts

Analysts' ratings for Permian Resources PR over the last quarter vary from bullish to bearish, as provided by 7 analysts.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Analysts have set 12-month price targets for Permian Resources, revealing an average target of $18.71, a high estimate of $21.00, and a low estimate of $14.00. Highlighting a 1.53% decrease, the current average has fallen from the previous average price target of $19.00.

Breaking Down Analyst Ratings: A Detailed Examination

In examining recent analyst actions, we gain insights into how financial experts perceive Permian Resources. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Permian Resources. This information offers 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 Permian Resources compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Permian Resources's stock. This comparison reveals trends in analysts' expectations over time.

For valuable insights into Permian Resources's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Permian Resources analyst ratings.

All You Need to Know About Permian Resources

Permian Resources Corp is an independent oil and natural gas company focused on generating outsized returns to stakeholders through the responsible acquisition, optimization and development of oil and liquids-rich natural gas assets. The Company's assets and operations are primarily concentrated in the core of the Permian Basin, and its properties consist of large, contiguous acreage blocks located in West Texas and New Mexico.

Key Indicators: Permian Resources's Financial Health

Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.

Revenue Growth: Over the 3 months period, Permian Resources showcased positive performance, achieving a revenue growth rate of 60.25% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.

Net Margin: Permian Resources's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 31.79% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 4.46%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Permian Resources's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 2.41%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Permian Resources's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.48.

Understanding the Relevance of Analyst Ratings

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.