PLBY Group Inc (NASDAQ:PLBY) Climbs 73.46% In 2024; Are Investors Attracted By Its $1.13 Price?

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In last trading session, PLBY Group Inc (NASDAQ:PLBY) saw 1.18 million shares changing hands with its beta currently measuring 2.19. Company’s recent per share price level of $1.13 trading at -$0.08 or -6.61% at ring of the bell on the day assigns it a market valuation of $83.50M. That closing price of PLBY’s stock is at a discount of -37.17% from its 52-week high price of $1.55 and is indicating a premium of 61.95% from its 52-week low price of $0.43. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 15.35 million shares which gives us an average trading volume of 2.66 million if we extend that period to 3-months.

For PLBY Group Inc (PLBY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.13 in the current quarter.

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PLBY Group Inc (NASDAQ:PLBY) trade information

Upright in the red during last session for losing -6.61%, in the last five days PLBY remained trading in the green while hitting it’s week-highest on Thursday, 10/31/24 when the stock touched $1.13 price level, adding 22.6% to its value on the day. PLBY Group Inc’s shares saw a change of 13.00% in year-to-date performance and have moved 36.41% in past 5-day. PLBY Group Inc (NASDAQ:PLBY) showed a performance of 58.22% in past 30-days. Number of shares sold short was 3.63 million shares which calculate 17.98 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 18.5 to the stock, which implies a rise of 93.89% to its current value. Analysts have been projecting 9 as a low price target for the stock while placing it at a high target of 28. It follows that stock’s current price would drop -696.46% in reaching the projected high whereas dropping to the targeted low would mean a loss of -696.46% for stock’s current value.

PLBY Group Inc (PLBY) estimates and forecasts

This year revenue growth is estimated to fall -16.30% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 29.1M for the same. And 1 analysts are in estimates of company making revenue of 37.3M in the next quarter. Company posted 33.28M and 39.36M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -1171.57% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 73.46% while estimates for its earnings growth in next 5 years are of 30.00%.

PLBY Group Inc (NASDAQ:PLBY)’s Major holders

Insiders are in possession of 5.31% of company’s total shares while institution are holding 35.03 percent of that, with stock having share float percentage of 37.00%. Investors also watch the number of corporate investors in a company very closely, which is 35.03% institutions for PLBY Group Inc that are currently holding shares of the company. FORTRESS INVESTMENT GROUP LLC is the top institutional holder at PLBY for having 2.58 million shares of worth $2.01 million. And as of 2024-06-30, it was holding 3.5516 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 2.41 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.3201 of outstanding shares, having a total worth of $1.88 million.