Permian Stock Buy Hold or Sell Recommendation

PR
 Stock
  

USD 8.92  0.15  1.65%   

Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Permian Resources Corp is 'Hold'. Macroaxis provides Permian Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PR positions. The advice algorithm takes into account all of Permian Resources' available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Permian Resources' buy-and-hold perspective. Please check Permian Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Permian and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Permian Resources Corp.

Execute Permian Resources Buy or Sell Advice

The Permian recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Permian Resources Corp. Macroaxis does not own or have any residual interests in Permian Resources Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Permian Resources' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Permian ResourcesBuy Permian Resources
Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Permian Resources Corp has a Risk Adjusted Performance of 0.1081, Jensen Alpha of 0.1517, Total Risk Alpha of 0.0877, Sortino Ratio of 0.051 and Treynor Ratio of 0.1541
We provide trade recommendations to complement the recent expert consensus on Permian Resources Corp. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Permian Resources is not overpriced, please check all Permian Resources Corp fundamentals, including its current ratio, and the relationship between the ebitda and target price . Given that Permian Resources Corp has a number of shares shorted of 41.31 M, we recommend you to check out Permian Resources Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Permian Resources Trading Alerts and Improvement Suggestions

Permian Resources has very high historical volatility over the last 90 days
Permian Resources Corp was previously known as CDEV Old and was traded on NASDAQ Exchange under the symbol CDEV.
The company reports 825.57 M of total liabilities with total debt to equity ratio (D/E) of 0.43, which is normal for its line of buisiness. Permian Resources Corp has a current ratio of 0.71, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Permian Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Permian Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Permian Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Permian to invest in growth at high rates of return. When we think about Permian Resources' use of debt, we should always consider it together with cash and equity.
Over 89.0% of Permian Resources shares are owned by institutional investors
On 29th of November 2022 Permian Resources paid $ 0.05 per share dividend to its current shareholders
Latest headline from news.google.com: Calculating The Intrinsic Value Of Permian Resources Corporation - Simply Wall St

Permian Resources Returns Distribution Density

The distribution of Permian Resources' historical returns is an attempt to chart the uncertainty of Permian Resources' future price movements. The chart of the probability distribution of Permian Resources stock daily returns describes the distribution of returns around its average expected value. We use Permian Resources Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Permian Resources returns is essential to provide solid investment advice for Permian Resources.
Mean Return0.27Value At Risk-5.5
Potential Upside6.07Standard Deviation4.03
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Permian Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Permian Resources Cash Flow Accounts

201720182019202020212022 (projected)
Net Cash Flow from Financing724.22 M294.16 M362.94 M147.74 M(297.55 M)(305.38 M)
Net Cash Flow from Investing(992.31 M)(1.07 B)(932.99 M)(326.32 M)(226.48 M)(244.36 M)
Net Cash Flow from Operations259.92 M670.01 M564.17 M171.38 M525.62 M567.12 M

Permian Resources Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Permian Resources or Energy sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Permian Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Permian stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.15
β
Beta against NYSE Composite1.71
σ
Overall volatility
4.02
Ir
Information ratio 0.0493

Permian Resources Volatility Alert

Permian Resources Corp shows above-average downside volatility for the selected time horizon. We advise investors to inspect Permian Resources Corp further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Permian Resources future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Permian Resources' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Permian Resources' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Permian Resources Fundamentals Vs Peers

Comparing Permian Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Permian Resources' direct or indirect competition across all of the common fundamentals between Permian Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Permian Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Permian Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Permian Resources by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Permian Resources to competition
FundamentalsPermian ResourcesPeer Average
Return On Equity0.18 %(0.31) %
Return On Asset0.09 %(0.14) %
Profit Margin0.35 %(1.27) %
Operating Margin0.53 %(5.51) %
Current Valuation5.21 B16.62 B
Shares Outstanding288.5 M571.82 M
Shares Owned by Insiders4.20 %10.09 %
Shares Owned by Institutions88.50 %39.21 %
Number of Shares Shorted41.31 M4.71 M
Price to Earning5.65 X28.72 X
Price to Book1.03 X9.51 X
Price to Sales3.12 X11.42 X
Revenue1.03 B9.43 B
Gross Profit770.44 M27.38 B
EBITDA484.16 M3.9 B
Net Income138.18 M570.98 M
Cash and Equivalents9.38 M2.7 B
Cash per Share0.16 X5.01 X
Total Debt825.57 M5.32 B
Debt to Equity0.43 %48.70 %
Current Ratio0.72 X2.16 X
Book Value Per Share9.79 X1.93 K
Cash Flow from Operations525.62 M971.22 M
Short Ratio6.71 X4.00 X
Earnings Per Share1.90 X3.12 X
Price to Earnings To Growth0.12 X4.89 X
Target Price11.96
Number of Employees14718.84 K
Beta4.59-0.15
Market Capitalization5.25 B19.03 B
Total Asset3.8 B29.47 B
Z Score1.28.72
Annual Yield0.0201 %
   Sale by Garrison Matthew R of 40000 shares of Permian Resources [view details]

Permian Resources Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Permian . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Permian Resources Buy or Sell Advice

When is the right time to buy or sell Permian Resources Corp? Buying financial instruments such as Permian Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Accounts Payable21.48 M5.05 M9.74 M9.99 M
Receivables101.91 M54.56 M71.3 M63.68 M

Use Investing Ideas to Build Portfolios

In addition to having Permian Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Health Management Thematic Idea Now

Health Management
Health Management Theme
Major hospitals and healthcare providers. The Health Management theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Health Management Theme or any other thematic opportunities.
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Please check Permian Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

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Is Permian Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Permian Resources. If investors know Permian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Permian Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
4.728
Market Capitalization
5.3 B
Quarterly Revenue Growth YOY
0.906
Return On Assets
0.0895
Return On Equity
0.1757
The market value of Permian Resources Corp is measured differently than its book value, which is the value of Permian that is recorded on the company's balance sheet. Investors also form their own opinion of Permian Resources' value that differs from its market value or its book value, called intrinsic value, which is Permian Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Permian Resources' market value can be influenced by many factors that don't directly affect Permian Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Permian Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Permian Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Permian Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.