Unusual Options Activity Insight: PennyMac Financial Servs
Shares of PennyMac Financial Servs (NYSE:PFSI) saw some unusual options activity on Monday. Following the unusual option alert, the stock price moved down to $69.05.
Credit Suisse Maintains Outperform on PennyMac Financial Servs, Raises Price Target to $84
Credit Suisse analyst Douglas Harter maintains PennyMac Financial Servs (NYSE:PFSI) with a Outperform and raises the price target from $72 to $84.
Barclays Maintains Overweight on PennyMac Financial Servs, Raises Price Target to $103
Barclays analyst Mark Devries maintains PennyMac Financial Servs (NYSE:PFSI) with a Overweight and raises the price target from $89 to $103.
Recap: PennyMac Financial Servs Q2 Earnings
Shares of PennyMac Financial Servs (NYSE:PFSI) were flat in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were down 33.03% over the past year to $2.94, which missed the estimate of $3.54.
PennyMac Financial Servs Q2 EPS $2.94 Misses $3.54 Estimate, Sales $742.25M Miss $812.75M Estimate
PennyMac Financial Servs (NYSE:PFSI) reported quarterly earnings of $2.94 per share which missed the analyst consensus estimate of $3.54 by 16.95 percent. This is a 33.03 percent decrease over earnings of $4.39 per share
Earnings Scheduled For August 5, 2021
Companies Reporting Before The Bell
• OneSpaWorld Holdings (NASDAQ:OSW) is projected to report quarterly loss at $0.20 per share on revenue of $6.42 million.
Unusual Options Activity Insight: PennyMac Financial Servs
On Friday, shares of PennyMac Financial Servs (NYSE:PFSI) saw unusual options activity. After the option alert, the stock price moved up to $63.12.
Barclays Maintains Overweight on PennyMac Financial Servs, Raises Price Target to $89
Barclays analyst Mark Devries maintains PennyMac Financial Servs (NYSE:PFSI) with a Overweight and raises the price target from $87 to $89.
Last Week’s Notable Insider Buys: Lululemon Athletica, Opendoor Technologies And More
Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs.
A SPAC, a REIT and some tech companies saw notable insider buying this past week.
Chief executive officers were among last week's insiders adding to their stakes as well.
JMP Securities Maintains Market Outperform on PennyMac Financial Servs, Lowers Price Target to $75
JMP Securities analyst Trevor Cranston maintains PennyMac Financial Servs (NYSE:PFSI) with a Market Outperform and lowers the price target from $85 to $75.