Pioneer Floating Rate Trust

Company Profile

Pioneer Floating Rate Trust had its IPO on 2004-12-23 under the ticker symbol PHD.

The company operates in the Financial Services sector and Asset Management industry. Pioneer Floating Rate Trust has a staff strength of 0 employees.

Stock update

Shares of Pioneer Floating Rate Trust opened at $9.15 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9.12 - $9.2, and closed at $9.2.

This is a +0.55% increase from the previous day's closing price.

A total volume of 109,526 shares were traded at the close of the day’s session.

In the last one week, shares of Pioneer Floating Rate Trust have increased by +1.21%.

Pioneer Floating Rate Trust's Key Ratios

Pioneer Floating Rate Trust has a market cap of $113.23 million, indicating a price to book ratio of 0.8234 and a price to sales ratio of 8.0234.

In the last 12-months Pioneer Floating Rate Trust’s revenue was $16.53 million with a gross profit of $13.48 million and an EBITDA of $0. The EBITDA ratio measures Pioneer Floating Rate Trust's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Pioneer Floating Rate Trust’s operating margin was 89.85% while its return on assets stood at 4.84% with a return of equity of 1.17%.

In Q1.6666666666667, Pioneer Floating Rate Trust’s quarterly earnings growth was a negative -83% while revenue growth was a positive 49.6%.

Pioneer Floating Rate Trust’s PE and PEG Ratio

Forward PE

0

Trailing PE

83.1818

PEG

0

Its diluted EPS in the last 12-months stands at $0.11 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Pioneer Floating Rate Trust’s profitability.

Pioneer Floating Rate Trust stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 8.0234.

Pioneer Floating Rate Trust stock pays annual dividends of $0.922 per share, indicating a yield of 11.4% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$186.74 million

Total Liabilities

$7.00 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Pioneer Floating Rate Trust ended 2024 with $186.74 million in total assets and $0 in total liabilities. Its intangible assets were valued at $186.74 million while shareholder equity stood at $120.81 million.

Pioneer Floating Rate Trust ended 2024 with $0 in deferred long-term liabilities, $7.00 million in other current liabilities, 207782680.00 in common stock, $-86975225.00 in retained earnings and $0 in goodwill. Its cash balance stood at $461935.00 and cash and short-term investments were $461935.00. The company’s total short-term debt was $0 while long-term debt stood at $0.

Pioneer Floating Rate Trust’s total current assets stands at $4.01 million while long-term investments were $182.72 million and short-term investments were $0. Its net receivables were $3.55 million compared to accounts payable of $7.00 million and inventory worth $0.

In 2024, Pioneer Floating Rate Trust's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Pioneer Floating Rate Trust paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$9.2

52-Week High

$9.2

52-Week Low

$7.6579

Analyst Target Price

$

Pioneer Floating Rate Trust stock is currently trading at $9.2 per share. It touched a 52-week high of $9.2 and a 52-week low of $9.2. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $8.87 and 200-day moving average was $8.44 The short ratio stood at 0.31 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 3397.9% are held by institutions.