During the last session, Perma-Fix Environmental Services, Inc (NASDAQ:PESI)’s traded shares were 0.35 million, with the beta value of the company hitting 0.48. At the end of the trading day, the stock’s price was $14.84, reflecting an intraday gain of 10.58% or $1.42. The 52-week high for the PESI share is $15.00, that puts it down -1.08 from that peak though still a striking 56.13% gain since the share price plummeted to a 52-week low of $6.51. The company’s market capitalization is $234.48M, and the average intraday trading volume over the past 10 days was 0.1 million shares, and the average trade volume was 93.56K shares over the past three months.
Perma-Fix Environmental Services, Inc (PESI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. PESI has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.1.
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Perma-Fix Environmental Services, Inc (NASDAQ:PESI) trade information
Perma-Fix Environmental Services, Inc (PESI) registered a 10.58% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 10.58% in intraday trading to $14.84, hitting a weekly high. The stock’s 5-day price performance is 2.84%, and it has moved by 22.14% in 30 days. Based on these gigs, the overall price performance for the year is 65.44%. The short interest in Perma-Fix Environmental Services, Inc (NASDAQ:PESI) is 1.2 million shares and it means that shorts have 14.28 day(s) to cover.
The consensus price target of analysts on Wall Street is $18, which implies an increase of 17.56% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18 and $18 respectively. As a result, PESI is trading at a discount of -21.29% off the target high and -21.29% off the low.
Perma-Fix Environmental Services, Inc (PESI) estimates and forecasts
Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -600.00% this quarter and then drop -500.00% in the quarter after that. In the rating firms’ projections, revenue will decrease -26.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 17.2M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 20.9M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 21.88M and 22.72M respectively. In this case, analysts expect current quarter sales to shrink by -21.40% and then drop by -8.00% in the coming quarter.
While earnings are projected to return -1000.00% in 2024.
PESI Dividends
Perma-Fix Environmental Services, Inc is due to release its next quarterly earnings on 2024-Nov-01. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Perma-Fix Environmental Services, Inc (NASDAQ:PESI)’s Major holders
Perma-Fix Environmental Services, Inc insiders own 8.02% of total outstanding shares while institutional holders control 45.08%, with the float percentage being 49.01%. BLACKROCK INC. is the largest shareholder of the company, while 89.0 institutions own stock in it. As of 2024-06-30, the company held over 0.85 million shares (or 6.2384% of all shares), a total value of $8.64 million in shares.
The next largest institutional holding, with 0.67 million shares, is of VANGUARD GROUP INC’s that is approximately 4.8973% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $6.78 million.
