Notable companies
The most notable companies in this group are Chord Energy Corp (NASDAQ:CHRD).
Industry description
The investment seeks to outperform the Russell 2000 Index.
The fund normally invests at least 80% of its investable assets in equity and equity-related securities of small-cap companies. It primarily invests in small-cap equity and equity-related securities that the subadvisor believes are relatively undervalued and have potential for stronger earnings growth. The fund is not sponsored by or affiliated with FTSE Russell. The market capitalization within the index will vary, but as of July 31, 2024, the median market capitalization was approximately $992 million and the largest company by market capitalization was approximately $12.1 billion.
Market Cap
The average market capitalization across the PGIM Jennison Small-Cap Core Equity R6 MF is 4.2B. The market cap for tickers in the group ranges from 1.8B to 7.4B. CHRD holds the highest valuation in this group at 7.4B. The lowest valued company is CSTM at 1.8B.
Volume
The average weekly volume growth across all stocks in the PGIM Jennison Small-Cap Core Equity R6 MF was 31%. For the same stocks of the MF, the average monthly volume growth was 41% and the average quarterly volume growth was 55%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 61
P/E Growth Rating: 63
Price Growth Rating: 51
SMR Rating: 62
Profit Risk Rating: 50
Seasonality Score: 37 (-100 ... +100)