What's Happening with PRU
Prudential Financial Inc (PRU) is scheduled to report Quarter 2 numbers after the market close on August 3. Analysts forecast earnings of $0.20 per share for the quarter. During the same period last year the company earned $0.14, and the stock is up 28.4% on the year.
Technical Analysis
PRU was recently trading at $100.28 down $8.89 from its 12-month high and $40.12 above its 12-month low. InvestorsObserver gives PRU a 72 long-term technical score and a 84 short-term technical score. The stock has recent support above $95.71 and recent resistance below $108.51. Of the 8 analysts who cover the stock 0 rate it Strong Buy, 0 rate it Buy, 8 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell, PRU gets an overall score of 74 from InvestorsObserver.
Analysts' Thoughts
PRU has shown annual earnings growth of 7.06% over the last five years, and looking ahead analysts expect the company to grow profits 10.65% per annum the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects $0.20 EPS. PRU is currently trading at $100.28 with an average price target of $107.17.