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As of close of business last night, Palantir Technologies Inc’s stock clocked out at $82.38, up 2.09% from its previous closing price of $80.69. In other words, the price has increased by $2.09 from its previous closing price. On the day, 64.97 million shares were traded. PLTR stock price reached its highest trading level at $84.795 during the session, while it also had its lowest trading level at $81.0.
Ratios:
To gain a deeper understanding of PLTR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 41.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 195.44. For the most recent quarter (mrq), Quick Ratio is recorded 5.67 and its Current Ratio is at 5.67. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
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, UBS on December 19, 2024, initiated with a Neutral rating and assigned the stock a target price of $80.
On December 12, 2024, Robert W. Baird started tracking the stock assigning a Neutral rating and target price of $70.
Jefferies Downgraded its Hold to Underperform on November 07, 2024, while the target price for the stock was maintained at $28.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 12 ’24 when Glazer David A. sold 315,126 shares for $73.30 per share. The transaction valued at 23,099,147 led to the insider holds 293,411 shares of the business.
Cohen Stephen Andrew sold 450,000 shares of PLTR for $33,052,573 on Dec 12 ’24. The insider now owns 592 shares after completing the transaction at $73.45 per share. On Dec 11 ’24, another insider, Cohen Stephen Andrew, who serves as the insider of the company, sold 450,000 shares for $70.95 each. As a result, the insider received 31,927,184 and left with 592 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 187663286272 and an Enterprise Value of 179278069760. As of this moment, Palantir’s Price-to-Earnings (P/E) ratio for their current fiscal year is 417.11, and their Forward P/E ratio for the next fiscal year is 175.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 15.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 72.40 while its Price-to-Book (P/B) ratio in mrq is 41.57. Its current Enterprise Value per Revenue stands at 67.746 whereas that against EBITDA is 450.779.
Stock Price History:
Over the past 52 weeks, PLTR has reached a high of $82.02, while it has fallen to a 52-week low of $15.66. The 50-Day Moving Average of the stock is 36.99%, while the 200-Day Moving Average is calculated to be 131.66%.
Shares Statistics:
It appears that PLTR traded 73.67M shares on average per day over the past three months and 111496970 shares per day over the past ten days. A total of 2.17B shares are outstanding, with a floating share count of 2.06B. Insiders hold about 9.74% of the company’s shares, while institutions hold 48.81% stake in the company. Shares short for PLTR as of 1732838400 were 76144399 with a Short Ratio of 1.05, compared to 1730332800 on 85457185. Therefore, it implies a Short% of Shares Outstanding of 76144399 and a Short% of Float of 3.75.
