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Planet Labs PBC (NYSE: PL) closed the day trading at $3.69 down -0.54% from the previous closing price of $3.71. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 4.4 million shares were traded.
Ratios:
For a better understanding of PL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.11 and its Current Ratio is at 2.11. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.03.
On January 30, 2025, Craig Hallum Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $7.
On January 24, 2025, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $6.30.Cantor Fitzgerald initiated its Overweight rating on January 24, 2025, with a $6.30 target price.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.56 while its Price-to-Book (P/B) ratio in mrq is 2.51.
Stock Price History:
Over the past 52 weeks, PL has reached a high of $6.71, while it has fallen to a 52-week low of $1.73. The 50-Day Moving Average of the stock is 3.23%, while the 200-Day Moving Average is calculated to be 6.03%.
Shares Statistics:
A total of 278.94M shares are outstanding, with a floating share count of 208.44M. Insiders hold about 31.04% of the company’s shares, while institutions hold 33.91% stake in the company.
Earnings Estimates
The stock of Planet Labs PBC (PL) is currently drawing attention from 6.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.03 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$0.12 and -$0.19 for the fiscal current year, implying an average EPS of -$0.15. EPS for the following year is -$0.11, with 6.0 analysts recommending between -$0.06 and -$0.21.
Revenue Estimates
10 analysts predict $62.25M in revenue for the current quarter. It ranges from a high estimate of $63M to a low estimate of $61.65M. As of the current estimate, Planet Labs PBC’s year-ago sales were $60.44MFor the next quarter, 10 analysts are estimating revenue of $65.36M. There is a high estimate of $67.5M for the next quarter, whereas the lowest estimate is $63.26M.
A total of 12 analysts have provided revenue estimates for PL’s current fiscal year. The highest revenue estimate was $279.8M, while the lowest revenue estimate was $262.09M, resulting in an average revenue estimate of $270.57M. In the same quarter a year ago, actual revenue was $244.35MBased on 10 analysts’ estimates, the company’s revenue will be $330.82M in the next fiscal year. The high estimate is $361.7M and the low estimate is $309.52M.
