Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of PureCycle Technologies Inc (NASDAQ: PCT) closed at $5.99 in the last session, down -1.96% from day before closing price of $6.11. In other words, the price has decreased by -$1.96 from its previous closing price. On the day, 1.87 million shares were traded. PCT stock price reached its highest trading level at $6.28 during the session, while it also had its lowest trading level at $5.915.
Ratios:
We take a closer look at PCT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.59. In the meantime, Its Debt-to-Equity ratio is 2.24 whereas as Long-Term Debt/Eq ratio is at 2.09.
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 this company, TD Cowen on November 20, 2024, Reiterated its Buy rating but revised its target price to $15 from $10 previously.
On October 18, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $14.
TD Cowen reiterated its Buy rating for the stock on August 09, 2024, while the target price for the stock was revised from $7.50 to $10.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 06 ’25 when SYLEBRA CAPITAL LLC bought 619,925 shares for $8.06 per share. The transaction valued at 4,996,596 led to the insider holds 34,077,574 shares of the business.
SYLEBRA CAPITAL LLC bought 4,264,393 shares of PCT for $20,000,003 on Sep 13 ’24. The 10% Owner now owns 33,050,456 shares after completing the transaction at $4.69 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PCT now has a Market Capitalization of 1074677888 and an Enterprise Value of 1481393280.
Stock Price History:
The Beta on a monthly basis for PCT is 1.73, which has changed by 0.18849206 over the last 52 weeks, in comparison to a change of 0.05430484 over the same period for the S&P500. Over the past 52 weeks, PCT has reached a high of $15.58, while it has fallen to a 52-week low of $4.50. The 50-Day Moving Average of the stock is -25.17%, while the 200-Day Moving Average is calculated to be -32.96%.
Shares Statistics:
According to the various share statistics, PCT traded on average about 2.54M shares per day over the past 3-months and 3238690 shares per day over the past 10 days. A total of 164.28M shares are outstanding, with a floating share count of 164.18M. Insiders hold about 8.49% of the company’s shares, while institutions hold 70.38% stake in the company. Shares short for PCT as of 1743379200 were 46737319 with a Short Ratio of 18.39, compared to 1740700800 on 41814085. Therefore, it implies a Short% of Shares Outstanding of 46737319 and a Short% of Float of 43.6.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
A detailed examination of PureCycle Technologies Inc (PCT) is currently in progress, with 4.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.2, with high estimates of -$0.19 and low estimates of -$0.22.
Analysts are recommending an EPS of between -$0.7 and -$0.93 for the fiscal current year, implying an average EPS of -$0.79. EPS for the following year is -$0.59, with 4.0 analysts recommending between -$0.31 and -$1.02.
Revenue Estimates
For the next quarter, 3 analysts are estimating revenue of $11.93M. There is a high estimate of $14M for the next quarter, whereas the lowest estimate is $9M.
Based on 4 analysts’ estimates, the company’s revenue will be $141.66M in the next fiscal year. The high estimate is $171.2M and the low estimate is $114.7M.
