Is Pioneer Floating Rate stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Pioneer Floating Rate pays dividends. Last time was Thursday 31st of October 2024 where the investors holding the stock on Friday 18th of October 2024 were paid $0.0925 per share. Over the last 238 times between 2005 and 2024, Pioneer Floating Rate has paid $20.1068 with an average of $0.08 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Pioneer Floating Rate 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was $10.52, you would have made a loss of $-0.570 per share or -5.42%
No, the average daily trading liquidity for Pioneer Floating Rate is $54 226 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Pioneer Floating Rate has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.06, the company's ability to pay off the debt is limited. Pioneer Floating Rate has a very good net profit margin of 90.74% and should have very high tolerances against inflation.
We have calculated the inflation risk for Pioneer Floating Rate to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.