Financial Health Report: Palantir Technologies Inc (PLTR)’s Ratios Tell a Tale

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Palantir Technologies Inc (NYSE: PLTR) closed the day trading at $20.94 up 1.65% from the previous closing price of $20.60. In other words, the price has increased by $1.65 from its previous closing price. On the day, 37.32 million shares were traded. PLTR stock price reached its highest trading level at $21.19 during the session, while it also had its lowest trading level at $20.6.

Ratios:

For a better understanding of PLTR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 72.71. For the most recent quarter (mrq), Quick Ratio is recorded 5.91 and its Current Ratio is at 5.91. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.

On March 28, 2024, Monness Crespi & Hardt Downgraded its rating to Sell which previously was Neutral but kept the price unchanged to $20.

HSBC Securities Downgraded its Buy to Hold on February 14, 2024, while the target price for the stock was maintained at $22.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 10 ’24 when THIEL PETER sold 5,000,000 shares for $20.78 per share. The transaction valued at 103,920,000 led to the insider holds 15,733,625 shares of the business.

THIEL PETER sold 1,669,411 shares of PLTR for $35,491,845 on May 09 ’24. The Director now owns 62,851,188 shares after completing the transaction at $21.26 per share. On May 08 ’24, another insider, THIEL PETER, who serves as the Director of the company, sold 6,285,833 shares for $21.33 each. As a result, the insider received 134,078,704 and left with 64,520,599 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLTR now has a Market Capitalization of 46631284736 and an Enterprise Value of 43066327040. As of this moment, Palantir’s Price-to-Earnings (P/E) ratio for their current fiscal year is 165.27, and their Forward P/E ratio for the next fiscal year is 52.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.98 while its Price-to-Book (P/B) ratio in mrq is 12.35. Its current Enterprise Value per Revenue stands at 18.45 whereas that against EBITDA is 187.079.

Stock Price History:

Over the past 52 weeks, PLTR has reached a high of $27.50, while it has fallen to a 52-week low of $9.02. The 50-Day Moving Average of the stock is -9.56%, while the 200-Day Moving Average is calculated to be 9.92%.

Shares Statistics:

Over the past 3-months, PLTR traded about 57.09M shares per day on average, while over the past 10 days, PLTR traded about 70736020 shares per day. A total of 2.10B shares are outstanding, with a floating share count of 1.89B. Insiders hold about 15.07% of the company’s shares, while institutions hold 39.60% stake in the company. Shares short for PLTR as of 1714435200 were 78695395 with a Short Ratio of 1.38, compared to 1711584000 on 82366928. Therefore, it implies a Short% of Shares Outstanding of 78695395 and a Short% of Float of 3.9699999999999998.

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