Perenti (PRN.AX) Stock Price
Perenti Price
Over the last 19 years Perenti grew revenue by 12.3% annually, reaching 3.34 B AUD. Earnings per share have declined at 3.3% per year over the last 19 years. For Perenti, the net margin of 2.5% is broadly stable versus 1.7% a few years ago. At today's price the dividend yield works out to roughly 3.41%. The payout ratio is around 72% of earnings. The consensus 12-month price target for Perenti is 2.70 AUD, about 22.9% above where the stock trades today. Of 11 analysts, 8 rate the stock a buy — an overall Buy consensus.
Perenti stock price
Perenti business model & stock analysis
Frequently asked questions about Perenti
Perenti Global Ltd's business model revolves around providing specialized services and solutions in the resources sector. As a diversified mining services company, it offers a comprehensive range of mining, earthmoving, and underground mining services to clients worldwide. Perenti focuses on delivering innovative and efficient solutions throughout the mining lifecycle, including exploration, development, production, and closure. With its diverse portfolio of capabilities and expertise, Perenti aims to support the extraction of resources by offering a range of services such as drilling, blasting, open-pit mining, underground mining, and mineral analysis. Perenti Global Ltd is committed to delivering value and maintaining strong relationships with its clients through its reliable and efficient business model.
Perenti Global Ltd is primarily active in the industries of mining services, underground mining, surface mining, and civil construction.
The main competitors of Perenti Global Ltd in the market are companies like CIMIC Group Limited, NRW Holdings Limited, and Downer EDI Limited.
Perenti Global Ltd, formerly known as Ausdrill Ltd, is a leading global mining services company based in Australia. With a rich history spanning over three decades, Perenti Global has grown to become a prominent name in the mining industry. Established in 1987, the company initially focused on providing drilling services. Over the years, it expanded its operations to encompass a comprehensive range of mining services like exploration, blasting, geotechnical engineering, and more. Today, Perenti Global is known for its expertise in delivering innovative and sustainable solutions for the mining sector across various regions worldwide.
Perenti Global Ltd, a leading diversified global mining services company, has achieved several significant milestones. It successfully completed the transformational acquisition of Ausdrill Limited in 2019, enhancing its market position and expanding its diversified service offerings. Perenti Global Ltd has a strong track record of securing major mining contracts worldwide and has established a solid reputation for delivering innovative and cost-effective solutions to clients. The company's commitment to safety and operational excellence has been recognized through various industry awards. Perenti Global Ltd's continuous growth and expansion into new markets demonstrate its resilience and ability to adapt to changing market conditions.
Perenti Global Ltd is primarily present in Australia, Africa, and the Americas. As a leading global mining services company, Perenti operates in various countries within these regions. With its strong presence in Australia, Perenti caters to the nation's mining industry by offering specialized services and innovative solutions. It also has a significant footprint in Africa, where it works on projects across different countries, contributing to the development of the continent's mining sector. Additionally, Perenti operates in the Americas, particularly in Canada and the United States, delivering comprehensive mining services to clients in these regions.
Perenti Global Ltd represents a strong set of values and a clear corporate philosophy. The company focuses on delivering safe and innovative solutions for their clients in the mining and resources industry. Perenti prioritizes operational excellence, teamwork, and trust as key values that drive their success. They strive to provide sustainable outcomes, ensuring the long-term viability of their business and creating value for their stakeholders. With a commitment to safety, integrity, and customer satisfaction, Perenti Global Ltd aims to be a trusted partner in the industry while driving performance and growth.
Analysts currently set an average price target of 2.76 AUD for the Perenti stock (median: 2.70 AUD), implying +25.4 % versus the latest price. The consensus is based on 11 analyst ratings.
11 analysts currently rate the Perenti stock: 8 recommend buying, 3 holding and 0 selling.
Converted at the current exchange rate, the Perenti share trades at 1.37 EUR (2.20 AUD).
The Perenti share (PRN.AX) is listed on 6 stock exchanges, including: ASX (PRN.AX), Frankfurt (FWG.F), München (FWG.MU), Düsseldorf (FWG.DU), Hamburg (FWG.HM).
Perenti Global Ltd is an Australian company that was founded in 1987. The company offers innovative and efficient solutions for the resources industry worldwide. Based in Perth, Western Australia, the company operates in 12 countries on five continents. The company operates in three main areas: mining, mining, and technology.
The revenue of Perenti is 3.34 B AUD. This figure is based on current financial data and reflects the company's business performance.
The profit of Perenti is 83.12 M AUD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Perenti is currently 24.74. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Perenti stock.
The price-to-sales ratio (P/S) of Perenti is currently 0.62. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Perenti stock.
The Eulerpool Quality Score for Perenti is 5/10.
The ISIN of Perenti is AU0000061897. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Perenti is A2PUD0. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Perenti is PRN.AX. The ticker symbol is used to trade Perenti shares on the stock exchange.
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All fundamentals and in-depth analysis of Perenti
Our stock analysis for Perenti stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Perenti. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.