15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 19 firms covering Permian Resources Corporation, 17 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets span $16.00 to $29.00, a moderate spread. The average target of $23.72 is roughly in line with the current $23.66. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.58 next quarter toward $2.23 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS19 ratings
Strong Buy
Strong Buy15%
Buy1684%
Hold211%
Sell00%
Strong Sell00%
Based on 19 analysts giving stock ratings to Permian Resources Corporation.
As of Sep, 17 of 19 firms rate PR a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
PR EPS & revenue forecast
EPS · NEXT QUARTER
$0.58
Range $0.45 – $0.71 · 16 analysts · +56% YoY
Next period, 16 analysts expect Permian Resources Corporation to earn $0.58 a share (range $0.45 – $0.71), versus $0.37 a year earlier. Full-year consensus is $2.21, growing to $2.23 the year after.
REVENUE · NEXT QUARTER
$1.7B
Range $1.6B – $1.9B · 16 analysts · +47% YoY
Revenue is expected to reach $1.7B (range $1.6B – $1.9B), +47.3% year-over-year. Full-year consensus is $6.6B, rising to $6.7B next year.
Top analysts covering Permian Resources Corporation
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on PR.
#1
Devin McDermott
Morgan Stanley · Rank #52
Buy
$25.00+5.7% to target
Overall win rate
51%
+ Follow
#2
Neil Mehta
Goldman Sachs · Rank #78
Buy
$22.00-7.0% to target
Overall win rate
42%
+ Follow
#3
Mark Lear
Piper Sandler · Rank #161
Buy
$27.00+14.1% to target
Overall win rate
47%
+ Follow
#4
Nitin Kumar
Mizuho · Rank #164
Buy
$27.00+14.1% to target
Overall win rate
46%
+ Follow
#5
John Freeman
Raymond James · Rank #189
Buy
$26.00+9.9% to target
Overall win rate
39%
+ Follow
PR stock forecast FAQ
What is PR's average 12-month price target?+
The 18 analysts with a live target average $23.72 for Permian Resources Corporation over the next 12 months, ranging from a $29.00 high to a $16.00 low.
Is PR stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 19 analyst ratings, 17 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for PR?+
The Street-high target is $29.00 (Seaport Global), and the Street-low is $16.00 (B of A Securities). The average of all 18 active targets is $23.72.
How many Wall Street analysts cover PR?+
19 analysts have an active rating on Permian Resources Corporation, and 18 firms carry a live 12-month price target.
Who is the most accurate analyst covering PR?+
Among analysts who currently cover PR, Devin McDermott of Morgan Stanley has the strongest overall Quantellect track record (Rank #52). Their current call is Buy with a $25.00 target.
What is Permian Resources Corporation's projected EPS for next quarter?+
The consensus estimate is $0.58 per share (range $0.45 – $0.71) across 16 analysts. Full-year EPS is projected at $2.21, rising to $2.23 the following year.
How much revenue is Permian Resources Corporation expected to report next quarter?+
Consensus revenue is $1.7B (range $1.6B – $1.9B). Full-year revenue is projected at $6.6B, growing to $6.7B next year.
Have analysts been upgrading or downgrading PR lately?+
As of Sep, 17 of 19 firms rate PR a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their PR calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.