Taking a Fresh Look at Prudential Financial, Inc. (PRU)

Prudential Financial, Inc. (PRU) is an interesting player in the Financial space, with a focus on Life Insurance. The stock has been active on the tape, currently trading at $102.96, down from yesterday’s close by -1.66%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Prudential Financial, Inc. (PRU) currently trades with a market capitalization of $44.53 Billion. That value represents a market adjusting for revenues that have been growing by 25.21 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $13.45 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $2.97 on a per share basis this quarter. Perhaps, that suggests something about why 0.43% of the outstanding share supply is held by institutional investors.



Technical Analysis

It’s important to check the technicals to get a sense of how PRU has been acting. Looking at the stock’s movement on the chart, Prudential Financial, Inc. recorded a 52-week high of $127.14. It is now trading 24.18% off that level. The stock is trading $107.74 its 50-day moving average by 4.78%. The stock carved out a 52-week low down at $97.88.

In recent action, Prudential Financial, Inc. (PRU) has made a move of -6.06% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.08, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.25% with $420.41 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of PRU.

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