Ratios Revealed: Decoding Palantir Technologies Inc (PLTR)’s Financial Health

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The closing price of Palantir Technologies Inc (NYSE: PLTR) was $25.83 for the day, down -0.19% from the previous closing price of $25.88. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 31.61 million shares were traded. PLTR stock price reached its highest trading level at $26.43 during the session, while it also had its lowest trading level at $25.75.


Our analysis of PLTR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 89.69. For the most recent quarter (mrq), Quick Ratio is recorded 5.91 and its Current Ratio is at 5.91. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.

On June 17, 2024, Argus started tracking the stock assigning a Buy rating and target price of $29.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 18 ’24 when Woersching Eric H. sold 3,000 shares for $26.00 per share. The transaction valued at 78,000 led to the insider holds 32,843 shares of the business.

Stat Lauren Elaina Friedman sold 6,000 shares of PLTR for $146,747 on Jun 17 ’24. The Director now owns 169,830 shares after completing the transaction at $24.46 per share. On Jun 17 ’24, another insider, Stat Lauren Elaina Friedman, who serves as the Director of the company, sold 3,050 shares for $24.45 each. As a result, the insider received 74,558 and left with 71,039 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 57632153600 and an Enterprise Value of 53955850240. As of this moment, Palantir’s Price-to-Earnings (P/E) ratio for their current fiscal year is 203.87, and their Forward P/E ratio for the next fiscal year is 65.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.64 while its Price-to-Book (P/B) ratio in mrq is 15.24. Its current Enterprise Value per Revenue stands at 23.116 whereas that against EBITDA is 234.383.

Stock Price History:

The Beta on a monthly basis for PLTR is 2.71, which has changed by 0.6452229 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. Over the past 52 weeks, PLTR has reached a high of $27.50, while it has fallen to a 52-week low of $13.68. The 50-Day Moving Average of the stock is 14.21%, while the 200-Day Moving Average is calculated to be 27.69%.

Shares Statistics:

PLTR traded an average of 42.10M shares per day over the past three months and 42358020 shares per day over the past ten days. A total of 2.10B shares are outstanding, with a floating share count of 1.91B. Insiders hold about 14.37% of the company’s shares, while institutions hold 40.06% stake in the company. Shares short for PLTR as of 1718323200 were 71534078 with a Short Ratio of 1.70, compared to 1715731200 on 77780738. Therefore, it implies a Short% of Shares Outstanding of 71534078 and a Short% of Float of 3.61.

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