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Perimeter Solutions Inc (NYSE: PRM) closed the day trading at $12.12 up 1.17% from the previous closing price of $11.98. In other words, the price has increased by $1.17 from its previous closing price. On the day, 0.8 million shares were traded. PRM stock price reached its highest trading level at $12.26 during the session, while it also had its lowest trading level at $12.04.
Ratios:
For a better understanding of PRM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.09. For the most recent quarter (mrq), Quick Ratio is recorded 2.95 and its Current Ratio is at 3.91. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.80.
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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 22 ’24 when Cool Tracy Britt sold 50,000 shares for $12.81 per share. The transaction valued at 640,500 led to the insider holds 173,449 shares of the business.
Tracy Britt Cool bought 50,000 shares of PRM for $640,450 on Nov 22 ’24. On Nov 14 ’24, another insider, Khouri Haitham, who serves as the Chief Executive Officer of the company, sold 100,000 shares for $12.17 each. As a result, the insider received 1,217,000 and left with 329,989 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, PRM now has a Market Capitalization of 1772283392 and an Enterprise Value of 2351102976. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.32 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 4.401 whereas that against EBITDA is -279.063.
Stock Price History:
The Beta on a monthly basis for PRM is 1.90, which has changed by 1.4549181 over the last 52 weeks, in comparison to a change of 0.2000997 over the same period for the S&P500. Over the past 52 weeks, PRM has reached a high of $14.44, while it has fallen to a 52-week low of $4.71. The 50-Day Moving Average of the stock is -5.99%, while the 200-Day Moving Average is calculated to be 12.46%.
Shares Statistics:
Over the past 3-months, PRM traded about 1.19M shares per day on average, while over the past 10 days, PRM traded about 968500 shares per day. A total of 145.24M shares are outstanding, with a floating share count of 138.03M. Insiders hold about 5.60% of the company’s shares, while institutions hold 87.68% stake in the company. Shares short for PRM as of 1736899200 were 2663789 with a Short Ratio of 2.25, compared to 1734048000 on 1535804. Therefore, it implies a Short% of Shares Outstanding of 2663789 and a Short% of Float of 2.3699999.
Earnings Estimates
The company has 2.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.09 and low estimates of -$0.1.
Analysts are recommending an EPS of between $0.76 and $0.6 for the fiscal current year, implying an average EPS of $0.68. EPS for the following year is $0.66, with 2.0 analysts recommending between $0.71 and $0.6.
Revenue Estimates
1 analysts predict $77.01M in revenue for the current quarter. It ranges from a high estimate of $77.01M to a low estimate of $77.01M. As of the current estimate, Perimeter Solutions Inc’s year-ago sales were $59.45MFor the next quarter, 1 analysts are estimating revenue of $59.68M. There is a high estimate of $59.68M for the next quarter, whereas the lowest estimate is $59.68M.
A total of 2 analysts have provided revenue estimates for PRM’s current fiscal year. The highest revenue estimate was $551.79M, while the lowest revenue estimate was $539.59M, resulting in an average revenue estimate of $545.69M. In the same quarter a year ago, actual revenue was $322.11MBased on 2 analysts’ estimates, the company’s revenue will be $511.36M in the next fiscal year. The high estimate is $530M and the low estimate is $492.72M.
