Technical Analysis
PRI is currently showing a bullish trend with strong momentum. The stock has formed higher highs and higher lows since early February 2025. Key technical indicators suggest:
- RSI indicates neutral territory around 50, providing room for upward movement
- MACD shows positive momentum with recent bullish crossover
- Support level at $280-282 range
- Resistance level at $290-292 range
News Analysis & Recent Events
- Positive dividend news: PRI announced a 15.6% dividend increase to $1.04/share and a $450M share repurchase program for 2025
- Strong Q4 2024 results: Reported EPS of $5.03 vs consensus $4.96, revenue of $788.1M beating estimates of $767.2M
- Insider sentiment is negative with increased selling activity, notably the President sold 1,500 shares in November 2024
Analyst Consensus
Current analyst consensus shows:
- Average price target: $316.80
- High target: $345.00
- Low target: $300.00
- Most analysts maintain "Market Perform" or neutral ratings
Price Prediction for Next Week
Based on technical analysis, news sentiment, and analyst targets:
- Base case (60% probability): $285-290
- Bullish case (25% probability): $290-295
- Bearish case (15% probability): $275-280
Trading Recommendation: SELL
Rationale:
- Current price near resistance level
- Negative insider sentiment
- Technical indicators suggesting potential short-term pullback
- Stock has gained significantly since early February
Target exit price: $290-292
Stop loss: $275
Technical Analysis
PRI is currently showing a bullish trend with strong momentum. The stock has formed higher highs and higher lows since early February 2025. Key technical indicators suggest:
- RSI indicates neutral territory around 50, providing room for upward movement
- MACD shows positive momentum with recent bullish crossover
- Support level at $280-282 range
- Resistance level at $290-292 range
News Analysis & Recent Events
- Positive dividend news: PRI announced a 15.6% dividend increase to $1.04/share and a $450M share repurchase program for 2025
- Strong Q4 2024 results: Reported EPS of $5.03 vs consensus $4.96, revenue of $788.1M beating estimates of $767.2M
- Insider sentiment is negative with increased selling activity, notably the President sold 1,500 shares in November 2024
Analyst Consensus
Current analyst consensus shows:
- Average price target: $316.80
- High target: $345.00
- Low target: $300.00
- Most analysts maintain "Market Perform" or neutral ratings
Price Prediction for Next Week
Based on technical analysis, news sentiment, and analyst targets:
- Base case (60% probability): $285-290
- Bullish case (25% probability): $290-295
- Bearish case (15% probability): $275-280
Trading Recommendation: SELL
Rationale:
- Current price near resistance level
- Negative insider sentiment
- Technical indicators suggesting potential short-term pullback
- Stock has gained significantly since early February
Target exit price: $290-292
Stop loss: $275