Upward Trajectory: Palantir Technologies Inc (PLTR) Posts a Slidee, Closing at 59.18

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The closing price of Palantir Technologies Inc (NYSE: PLTR) was $59.18 for the day, down -2.50% from the previous closing price of $60.70. In other words, the price has decreased by -$2.50 from its previous closing price. On the day, 58.38 million shares were traded. PLTR stock price reached its highest trading level at $61.17 during the session, while it also had its lowest trading level at $58.53.

Ratios:

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 29.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 137.52. For the most recent quarter (mrq), Quick Ratio is recorded 5.67 and its Current Ratio is at 5.67. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.

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 13 ’24 when ALEXANDER C KARP bought 1,823,602 shares for $59.85 per share.

Stat Lauren Elaina Friedman sold 8,860 shares of PLTR for $514,412 on Nov 08 ’24. The Director now owns 121,390 shares after completing the transaction at $58.06 per share. On Nov 08 ’24, another insider, DAVID STAT, who serves as the Director of the company, bought 8,860 shares for $55.88 each.

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 134813229056 and an Enterprise Value of 130596757504. As of this moment, Palantir’s Price-to-Earnings (P/E) ratio for their current fiscal year is 299.65, and their Forward P/E ratio for the next fiscal year is 127.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 50.94 while its Price-to-Book (P/B) ratio in mrq is 29.86. Its current Enterprise Value per Revenue stands at 49.35 whereas that against EBITDA is 328.374.

Stock Price History:

Over the past 52 weeks, PLTR has reached a high of $63.39, while it has fallen to a 52-week low of $15.66. The 50-Day Moving Average of the stock is 39.33%, while the 200-Day Moving Average is calculated to be 102.45%.

Shares Statistics:

PLTR traded an average of 63.17M shares per day over the past three months and 94230500 shares per day over the past ten days. A total of 2.10B shares are outstanding, with a floating share count of 2.05B. Insiders hold about 10.02% of the company’s shares, while institutions hold 46.47% stake in the company. Shares short for PLTR as of 1730332800 were 85457185 with a Short Ratio of 1.35, compared to 1727654400 on 97631384. Therefore, it implies a Short% of Shares Outstanding of 85457185 and a Short% of Float of 4.21.

Earnings Estimates

The current assessment of Palantir Technologies Inc (PLTR) involves the perspectives of 14.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.11, with high estimates of $0.12 and low estimates of $0.08.

Analysts are recommending an EPS of between $0.41 and $0.34 for the fiscal current year, implying an average EPS of $0.38. EPS for the following year is $0.47, with 19.0 analysts recommending between $0.57 and $0.4.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 13 analysts. It ranges from a high estimate of $821M to a low estimate of $768.5M. As of the current estimate, Palantir Technologies Inc’s year-ago sales were $608.35MFor the next quarter, 13 analysts are estimating revenue of $796.66M. There is a high estimate of $822.65M for the next quarter, whereas the lowest estimate is $765.37M.

A total of 19 analysts have provided revenue estimates for PLTR’s current fiscal year. The highest revenue estimate was $2.86B, while the lowest revenue estimate was $2.65B, resulting in an average revenue estimate of $2.79B. In the same quarter a year ago, actual revenue was $2.23BBased on 19 analysts’ estimates, the company’s revenue will be $3.47B in the next fiscal year. The high estimate is $3.8B and the low estimate is $3.26B.

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