Analyzing PLBY Group Inc (NASDAQ: PLBY)’s Stock Performance and Future Prospects

In the last trading session, 1.78 million PLBY Group Inc (NASDAQ:PLBY) shares changed hands as the company’s beta touched 2.07. With the company’s per share price at $1.08 changed hands at $0.18 or 19.99% during last session, the market valuation stood at $96.76M. PLBY’s last price was a discount, traded about -43.52% off its 52-week high of $1.55. The share price had its 52-week low at $0.43, which suggests the last value was 60.19% up since then. When we look at PLBY Group Inc’s average trading volume, we note the 10-day average is 15.65 million shares, with the 3-month average coming to 2.69 million.

Analysts gave the PLBY Group Inc (PLBY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended PLBY as a Hold, 3 felt it is a Buy and 1 rated the stock as Underweight. PLBY Group Inc’s EPS for the current quarter is expected to be -0.13.

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PLBY Group Inc (NASDAQ:PLBY) trade information

Instantly PLBY was in green as seen at the end of in last trading. With action -10.74%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 8.00%, with the 5-day performance at -10.74% in the red. However, in the 30-day time frame, PLBY Group Inc (NASDAQ:PLBY) is 51.05% up. Looking at the short shares, we see there were 3.63 million shares sold at short interest cover period of 17.98 days.

The consensus price target for the stock as assigned by Wall Street analysts is 18.5, meaning bulls need an upside of 94.16% from its current market value. According to analyst projections, PLBY’s forecast low is 9 with 28 as the target high. To hit the forecast high, the stock’s price needs a -2492.59% plunge from its current level, while the stock would need to soar -733.33% for it to hit the projected low.

PLBY Group Inc (PLBY) estimates and forecasts

Year-over-year growth is forecast to reach -16.30% down from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 29.1M. 1 analysts are of the opinion that PLBY Group Inc’s revenue for the current quarter will be 37.3M. The company’s revenue for the corresponding quarters a year ago was 33.28M and 39.36M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -12.60%. The estimates for the next quarter sales put growth at -5.20%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -1171.57%. The 2024 estimates are for PLBY Group Inc earnings to increase by 73.46%, but the outlook for the next 5-year period is at 30.00% per year.

PLBY Dividends

PLBY Group Inc is expected to release its next quarterly earnings report in December.

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

If we look at who the major shareholders are, we find that insiders hold 4.43% of PLBY Group Inc shares while 29.20% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 30.56%. There are 29.20% institutions holding the PLBY Group Inc stock share, with FORTRESS INVESTMENT GROUP LLC the top institutional holder. As of 2024-06-30, the company held 3.5516% of the shares, roughly 2.58 million PLBY shares worth $2.01 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 3.3201% or 2.41 million shares worth $1.88 million as of 2024-06-30.