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.
The closing price of Perimeter Solutions Inc (NYSE: PRM) was $13.53 for the day, down -2.73% from the previous closing price of $13.91. In other words, the price has decreased by -$2.73 from its previous closing price. On the day, 1.41 million shares were traded. PRM stock price reached its highest trading level at $13.95 during the session, while it also had its lowest trading level at $13.455.
Ratios:
Our analysis of PRM’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 8.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.14. 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:
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 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 1978464768 and an Enterprise Value of 2557284352. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.70 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 4.787 whereas that against EBITDA is -303.535.
Stock Price History:
The Beta on a monthly basis for PRM is 1.92, which has changed by 2.07064 over the last 52 weeks, in comparison to a change of 0.24440956 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 $4.32. The 50-Day Moving Average of the stock is 4.74%, while the 200-Day Moving Average is calculated to be 28.09%.
Shares Statistics:
PRM traded an average of 1.12M shares per day over the past three months and 1777970 shares per day over the past ten days. 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 83.45% stake in the company. Shares short for PRM as of 1735603200 were 3108837 with a Short Ratio of 2.78, compared to 1732838400 on 1080209. Therefore, it implies a Short% of Shares Outstanding of 3108837 and a Short% of Float of 2.77.
Earnings Estimates
As of right now, 2.0 analysts gave their recommendation on the stock of the company. 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
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. 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.
