PennyMac Financial Services, In (NYSE:PFSI).
On September 9 analysts at PiperJaffray issued its first research report on the stock giving it an initial rating of “Overweight” and setting a price target of $20.00. On September 9 Citigroup made no change to the company rating of “Buy” but raised the price expectation to $20.00 from $15.00.
On July 12 the stock rating was upgraded from “” to “Buy” in a report issued by Bank of America. February 5 investment analysts at Barclays made no change to the stock rating of “Overweight” and moved down the price target from $20.00 to $16.00.
On February 4 Citigroup left the company rating at “Buy” and lowered the price expectation to $15.00 from $21.00.
The company is trading down from yesterday’s close of $17.44. It is currently trading at $17.35 a tad above the 50 day moving average of $16.63 and barely above the 200 day moving average of $13.76. The 50 day moving average went up by +4.35% and the 200 day average went up $3.59 or +26.11%.
The most current P/E ratio is 8.45 and the market value is 385.05M. In the last earnings report the EPS was $2.05 and is projected to be $2.39 for the current year with 22,193,000 shares currently outstanding. Next quarter’s EPS is expected be $0.67 with next year’s EPS anticipated to be $2.81.