Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Perimeter Solutions Inc (NYSE: PRM) was $9.03 for the day, down -3.83% from the previous closing price of $9.39. In other words, the price has decreased by -$3.83 from its previous closing price. On the day, 0.73 million shares were traded. PRM stock price reached its highest trading level at $9.515 during the session, while it also had its lowest trading level at $8.98.
Ratios:
Our analysis of PRM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.93. For the most recent quarter (mrq), Quick Ratio is recorded 4.44 and its Current Ratio is at 6.31. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.69.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on October 11, 2023, Downgraded its rating to Neutral and sets its target price to $4.25 from $7 previously.
On June 09, 2022, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $14.
On April 14, 2022, UBS started tracking the stock assigning a Buy rating and target price of $15.UBS initiated its Buy rating on April 14, 2022, with a $15 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 22 ’24 when Cool Tracy Britt sold 50,000 shares for $12.81 per share. The transaction valued at 640,500 led to the insider holds 173,449 shares of the business.
Tracy Britt Cool bought 50,000 shares of PRM for $640,450 on Nov 22 ’24. On Nov 14 ’24, another insider, Khouri Haitham, who serves as the Chief Executive Officer of the company, sold 100,000 shares for $12.17 each. As a result, the insider received 1,217,000 and left with 329,989 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, PRM now has a Market Capitalization of 1351465856 and an Enterprise Value of 1958543232. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.41 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 3.491 whereas that against EBITDA is 31.614.
Stock Price History:
The Beta on a monthly basis for PRM is 1.92, which has changed by 0.44480002 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, PRM has reached a high of $14.44, while it has fallen to a 52-week low of $6.01. The 50-Day Moving Average of the stock is -22.72%, while the 200-Day Moving Average is calculated to be -19.31%.
Shares Statistics:
PRM traded an average of 1.20M shares per day over the past three months and 1075110 shares per day over the past ten days. A total of 147.82M shares are outstanding, with a floating share count of 141.56M. Insiders hold about 5.42% of the company’s shares, while institutions hold 87.25% stake in the company. Shares short for PRM as of 1740700800 were 3319077 with a Short Ratio of 2.76, compared to 1738281600 on 2354519. Therefore, it implies a Short% of Shares Outstanding of 3319077 and a Short% of Float of 2.87.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
