Assessing Permian Resources: Insights From 9 Financial Analysts

Analysts' ratings for Permian Resources PR over the last quarter vary from bullish to bearish, as provided by 9 analysts.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Analysts have recently evaluated Permian Resources and provided 12-month price targets. The average target is $18.89, accompanied by a high estimate of $21.00 and a low estimate of $14.00. This current average represents a 4.35% decrease from the previous average price target of $19.75.

Decoding Analyst Ratings: A Detailed Look

A clear picture of Permian Resources's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

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 Permian Resources. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Permian Resources compared to the broader market.
• Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Permian Resources's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

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.

Permian Resources: Financial Performance Dissected

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Permian Resources's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 60.25%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Energy sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Permian Resources's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 31.79%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Permian Resources's ROE excels beyond industry benchmarks, reaching 4.46%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Permian Resources's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.41%, the company showcases efficient use of assets and strong financial health.

Debt Management: Permian Resources's debt-to-equity ratio is below the industry average at 0.48, reflecting a lower dependency on debt financing and a more conservative financial approach.

Analyst Ratings: Simplified

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.

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.