PennyMac Financial Services, In (NYSE:PFSI).
On September 28 the stock rating was downgraded to “Neutral” from “Buy” in a statement from Bank of America. September 9 investment analysts at Citigroup held the stock rating at “Buy” and moved up the price target from $15.00 to $20.00.
On September 9, 2016 PiperJaffray starting coverage on PFSI with a rating of “Overweight” and setting a price target of $20.00. On July 12 the company was upgraded from “” to “Buy” in an announcement from Bank of America.
On February 5 Barclays made no change to the stock rating of “Overweight” and lowered the price expectation to $16.00 from $20.00.
The company is so far trading down by -2.19% since yesterday’s close of $17.35. Shares of the company are trading at $16.97 just above $16.63, the 50 day moving average and just a bit higher than the 200 day moving average of $13.76. The 50 day moving average went up by +1.3689% whereas the 200 day average was up by +22.5128%.
PennyMac Financial Services, In’s P/E ratio is 8.2058 and market cap is 374.06M. As of the latest earnings report the EPS was $2.05 and is projected to be $2.39 for the current year with 22,193,000 shares now outstanding. Analysts expect next quarter’s EPS to be $0.67 and the next full year EPS is projected to be $2.81.