The price of Perimeter Solutions SA (NYSE: PRM) closed at $7.45 in the last session, down -1.32% from day before closing price of $7.55. On the day, 638486 shares were traded.
Ratios:
We take a closer look at PRM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.91 and its Current Ratio is at 4.56. In the meantime, Its Debt-to-Equity ratio is 0.69 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.
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 1.09B and an Enterprise Value of 1.72B. As of this moment, Perimeter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.94, and their Forward P/E ratio for the next fiscal year is 19.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.37 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 5.35 whereas that against EBITDA is 10.26.
Stock Price History:
Over the past 52 weeks, PRM has reached a high of $8.41, while it has fallen to a 52-week low of $2.79. The 50-Day Moving Average of the stock is 6.16, while the 200-Day Moving Average is calculated to be 5.06.
Shares Statistics:
According to the various share statistics, PRM traded on average about 804.64K shares per day over the past 3-months and 686.89k shares per day over the past 10 days. A total of 146.45M shares are outstanding, with a floating share count of 136.32M. Insiders hold about 6.46% of the company’s shares, while institutions hold 89.69% stake in the company. Shares short for PRM as of Mar 15, 2024 were 3.17M with a Short Ratio of 4.65, compared to 3.01M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.17% and a Short% of Float of 3.17%.
Earnings Estimates
The company has 2 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.13 for the current quarter, with a high estimate of -$0.12 and a low estimate of -$0.15, while EPS last year was $0.06. The consensus estimate for the next quarter is $0.06, with high estimates of $0.07 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.29 and $0.27 for the fiscal current year, implying an average EPS of $0.28. EPS for the following year is $0.38, with 2 analysts recommending between $0.39 and $0.37.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $50.67M. It ranges from a high estimate of $50.67M to a low estimate of $50.67M. As of the current estimate, Perimeter Solutions SA’s year-ago sales were $43.8M, an estimated increase of 15.70% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $104.45M, an increase of 37.20% over than the figure of $15.70% in the same quarter last year. There is a high estimate of $104.45M for the next quarter, whereas the lowest estimate is $104.45M.
A total of 2 analysts have provided revenue estimates for PRM’s current fiscal year. The highest revenue estimate was $462.5M, while the lowest revenue estimate was $444.56M, resulting in an average revenue estimate of $453.53M. In the same quarter a year ago, actual revenue was $322.11M, up 40.80% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $486.27M in the next fiscal year. The high estimate is $504.08M and the low estimate is $468.47M. The average revenue growth estimate for next year is up 7.20% from the average revenue estimate for this year.
