Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Perimeter Solutions Inc (NYSE: PRM) closed at $10.25 up 2.50% from its previous closing price of $10.00. In other words, the price has increased by $2.50 from its previous closing price. On the day, 1.48 million shares were traded.
Ratios:
For a deeper understanding of Perimeter Solutions Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.87. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.87 while its Price-to-Book (P/B) ratio in mrq is 1.49.
Stock Price History:
Over the past 52 weeks, PRM has reached a high of $14.44, while it has fallen to a 52-week low of $5.51. The 50-Day Moving Average of the stock is -18.22%, while the 200-Day Moving Average is calculated to be -7.38%.
Shares Statistics:
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 89.28% stake in the company.
Earnings Estimates
The market rating for Perimeter Solutions Inc (PRM) is a result of the insights provided by 1.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.14, with high estimates of $0.14 and low estimates of $0.14.
Analysts are recommending an EPS of between $0.6 and $0.6 for the fiscal current year, implying an average EPS of $0.6. EPS for the following year is $0.68, with 2.0 analysts recommending between $0.86 and $0.5.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $71.66M this quarter.It ranges from a high estimate of $71.66M to a low estimate of $71.66M. As of the current estimate, Perimeter Solutions Inc’s year-ago sales were $59.04MFor the next quarter, 1 analysts are estimating revenue of $120.42M. There is a high estimate of $120.42M for the next quarter, whereas the lowest estimate is $120.42M.
A total of 1 analysts have provided revenue estimates for PRM’s current fiscal year. The highest revenue estimate was $541.43M, while the lowest revenue estimate was $541.43M, resulting in an average revenue estimate of $541.43M. In the same quarter a year ago, actual revenue was $560.97MBased on 2 analysts’ estimates, the company’s revenue will be $562.56M in the next fiscal year. The high estimate is $562.95M and the low estimate is $562.18M.
