Providing a diverse range of perspectives from bullish to bearish, 9 analysts have published ratings on Prudential Financial (NYSE:PRU) in the last three months.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 0 | 4 | 3 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 3 | 3 | 0 |
Analysts have recently evaluated Prudential Financial and provided 12-month price targets. The average target is $122.44, accompanied by a high estimate of $143.00 and a low estimate of $106.00. This upward trend is evident, with the current average reflecting a 5.65% increase from the previous average price target of $115.89.
Diving into Analyst Ratings: An In-Depth Exploration
The standing of Prudential Financial among financial experts is revealed through an in-depth exploration 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 |
|---|---|---|---|---|---|
| Suneet Kamath | Jefferies | Lowers | Buy | $141.00 | $143.00 |
| Suneet Kamath | Jefferies | Raises | Buy | $143.00 | $121.00 |
| John Barnidge | Piper Sandler | Lowers | Neutral | $121.00 | $125.00 |
| Thomas Gallagher | Evercore ISI Group | Raises | Underperform | $116.00 | $115.00 |
| Nigel Dally | Morgan Stanley | Raises | Equal-Weight | $117.00 | $109.00 |
| Elyse Greenspan | Wells Fargo | Raises | Underweight | $106.00 | $100.00 |
| Thomas Gallagher | Evercore ISI Group | Raises | Underperform | $115.00 | $104.00 |
| Ryan Krueger | Keefe, Bruyette & Woods | Raises | Market Perform | $118.00 | $112.00 |
| John Barnidge | Piper Sandler | Raises | Neutral | $125.00 | $114.00 |
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 Prudential Financial. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Prudential Financial compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Prudential Financial's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Prudential Financial's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Prudential Financial analyst ratings.
All You Need to Know About Prudential Financial
Prudential Financial is a large, diversified insurance company offering annuities, life insurance, retirement plan services, and asset management products. While it operates in a number of countries, the vast majority of revenue is generated in the United States and Japan. The company's investment management business, PGIM, contributes approximately 10% of its earnings and has around $1.3 trillion in assets under management. The US businesses are responsible for about 50% of earnings and can be classified into Institutional Retirement Strategies, Individual Retirement Strategies, Group Insurance, Individual Life Insurance, and Assurance IQ. Finally, the international business segment of the company contributes approximately 40% of earnings with a strong market position in Japan.
Prudential Financial's Financial Performance
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Prudential Financial's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 38.09%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Prudential Financial's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 4.77%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Prudential Financial's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 4.08%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Prudential Financial's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.16%, the company may face hurdles in achieving optimal financial returns.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.77, caution is advised due to increased financial risk.
The Basics of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.