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.
Planet Labs PBC (NYSE: PL) closed the day trading at $3.38 down -2.31% from the previous closing price of $3.46. In other words, the price has decreased by -$2.31 from its previous closing price. On the day, 3.66 million shares were traded. PL stock price reached its highest trading level at $3.42 during the session, while it also had its lowest trading level at $3.22.
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 24, 2025, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $6.30.
Needham reiterated its Buy rating for the stock on September 06, 2024, while the target price for the stock was revised from $7 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PL now has a Market Capitalization of 1045788928 and an Enterprise Value of 821146432. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.18 while its Price-to-Book (P/B) ratio in mrq is 2.30. Its current Enterprise Value per Revenue stands at 3.361 whereas that against EBITDA is -13.785.
Stock Price History:
The Beta on a monthly basis for PL is 1.56, which has changed by 0.5648148 over the last 52 weeks, in comparison to a change of 0.077997446 over the same period for the S&P500. Over the past 52 weeks, PL has reached a high of $6.71, while it has fallen to a 52-week low of $1.67. The 50-Day Moving Average of the stock is -30.10%, while the 200-Day Moving Average is calculated to be 4.89%.
Shares Statistics:
Over the past 3-months, PL traded about 5.67M shares per day on average, while over the past 10 days, PL traded about 5207270 shares per day. A total of 278.94M shares are outstanding, with a floating share count of 202.07M. Insiders hold about 33.14% of the company’s shares, while institutions hold 31.63% stake in the company. Shares short for PL as of 1741910400 were 6590901 with a Short Ratio of 1.16, compared to 1739491200 on 5945896. Therefore, it implies a Short% of Shares Outstanding of 6590901 and a Short% of Float of 2.7199999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Investors are keenly observing as 6.0 analysts analyze and rate the current performance of Planet Labs PBC (PL) in the stock market.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.
