PermRock Royalty Trust (NYSE: PRT) is one of 179 publicly-traded companies in the “Crude petroleum & natural gas” industry, but how does it compare to its rivals? We will compare PermRock Royalty Trust to similar companies based on the strength of its risk, valuation, institutional ownership, earnings, dividends, analyst recommendations and profitability.
Institutional & Insider Ownership
53.6% of PermRock Royalty Trust shares are owned by institutional investors. Comparatively, 60.2% of shares of all “Crude petroleum & natural gas” companies are owned by institutional investors. 10.2% of shares of all “Crude petroleum & natural gas” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
PermRock Royalty Trust pays an annual dividend of $0.87 per share and has a dividend yield of 10.8%. PermRock Royalty Trust pays out 68.0% of its earnings in the form of a dividend. As a group, “Crude petroleum & natural gas” companies pay a dividend yield of 3.0% and pay out 44.7% of their earnings in the form of a dividend.
Volatility & Risk
PermRock Royalty Trust has a beta of 1.85, indicating that its stock price is 85% more volatile than the S&P 500. Comparatively, PermRock Royalty Trust’s rivals have a beta of 1.80, indicating that their average stock price is 80% more volatile than the S&P 500.
This table compares PermRock Royalty Trust and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|PermRock Royalty Trust||N/A||19.20%||18.96%|
|PermRock Royalty Trust Competitors||-7.54%||4.01%||6.85%|
This is a breakdown of recent ratings and target prices for PermRock Royalty Trust and its rivals, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|PermRock Royalty Trust||0||1||0||0||2.00|
|PermRock Royalty Trust Competitors||2095||8454||12149||397||2.47|
PermRock Royalty Trust presently has a consensus price target of $10.00, indicating a potential upside of 24.53%. As a group, “Crude petroleum & natural gas” companies have a potential upside of 47.18%. Given PermRock Royalty Trust’s rivals stronger consensus rating and higher probable upside, analysts plainly believe PermRock Royalty Trust has less favorable growth aspects than its rivals.
Earnings and Valuation
This table compares PermRock Royalty Trust and its rivals gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|PermRock Royalty Trust||$16.24 million||$15.59 million||6.27|
|PermRock Royalty Trust Competitors||$11.08 billion||$793.47 million||11.25|
PermRock Royalty Trust’s rivals have higher revenue and earnings than PermRock Royalty Trust. PermRock Royalty Trust is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
PermRock Royalty Trust rivals beat PermRock Royalty Trust on 10 of the 15 factors compared.
About PermRock Royalty Trust
PermRock Royalty Trust owns 80% net profits interest in the oil and natural gas production properties acquired by Boaz Energy II, LLC in the Permian Basin, Texas. The company was founded in 2017 and is based in Fort Worth, Texas.
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