Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $112.06 in the prior trading day, Palantir Technologies Inc (NASDAQ: PLTR) closed at $106.27, down -5.17%. In other words, the price has decreased by -$5.17 from its previous closing price. On the day, 241.24 million shares were traded.
Ratios:
Our goal is to gain a better understanding of PLTR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 47.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 218.40. For the most recent quarter (mrq), Quick Ratio is recorded 5.96 and its Current Ratio is at 5.96. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
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, Loop Capital on Feb-21-25, initiated with a Buy rating and assigned the stock a target price of $141.
On February 04, 2025, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $60 to $95.
Wedbush reiterated its Outperform rating for the stock on January 23, 2025, while the target price for the stock was revised from $75 to $90.
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 Feb 20 ’25 when STEPHEN A COHEN bought 405,000 shares for $103.32 per share.
SHYAM SANKAR bought 225,000 shares of PLTR for $23,247,248 on Feb 20 ’25. On Feb 20 ’25, another insider, ALEXANDER KARP, who serves as the Officer of the company, bought 585,000 shares for $102.32 each.
Valuation Measures:
As of this moment, Palantir’s Price-to-Earnings (P/E) ratio for their current fiscal year is 561.98, and their Forward P/E ratio for the next fiscal year is 156.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 18.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 86.98 while its Price-to-Book (P/B) ratio in mrq is 49.68.
Stock Price History:
Over the past 52 weeks, PLTR has reached a high of $125.41, while it has fallen to a 52-week low of $20.33. The 50-Day Moving Average of the stock is 26.02%, while the 200-Day Moving Average is calculated to be 123.73%.
Shares Statistics:
A total of 2.24B shares are outstanding, with a floating share count of 2.12B. Insiders hold about 9.59% of the company’s shares, while institutions hold 49.16% stake in the company.
