P3 Health Partners Inc (NASDAQ: PIII): This Is The Year For Success Over The Next Few Months

In the last trading session, 7.69 million P3 Health Partners Inc (NASDAQ:PIII) shares changed hands as the company’s beta touched 0.99. With the company’s per share price at $0.21 changed hands at -$0.01 or -0.09% during last session, the market valuation stood at $77.11M. PIII’s last price was a discount, traded about -547.62% off its 52-week high of $1.36. The share price had its 52-week low at $0.18, which suggests the last value was 14.29% up since then. When we look at P3 Health Partners Inc’s average trading volume, we note the 10-day average is 0.58 million shares, with the 3-month average coming to 650.27K.

Analysts gave the P3 Health Partners Inc (PIII) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.80. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended PIII as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.

P3 Health Partners Inc (NASDAQ:PIII) trade information

Instantly PIII was in red as seen at the end of in last trading. With action -13.35%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -4.45%, with the 5-day performance at -13.35% in the red. However, in the 30-day time frame, P3 Health Partners Inc (NASDAQ:PIII) is -4.66% down. Looking at the short shares, we see there were 0.96 million shares sold at short interest cover period of 1.21 days.

P3 Health Partners Inc (PIII) estimates and forecasts

Data shows that the P3 Health Partners Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -60.12% over the past 6 months, a -6.35% in annual growth rate that is considerably lower than the industry average of 24.90%.

The 2025 estimates are for P3 Health Partners Inc earnings to increase by 11.08%.

PIII Dividends

P3 Health Partners Inc is expected to release its next quarterly earnings report in February.

P3 Health Partners Inc (NASDAQ:PIII)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 23.20% of P3 Health Partners Inc shares while 24.99% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 32.53%. There are 24.99% institutions holding the P3 Health Partners Inc stock share, with ALYESKA INVESTMENT GROUP, L.P. the top institutional holder. As of 2024-06-30, the company held 13.4152% of the shares, roughly 15.95 million PIII shares worth $7.18 million.

ARMISTICE CAPITAL, LLC holds the second largest percentage of outstanding shares, with 6.645% or 7.9 million shares worth $3.56 million as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Fidelity Extended Market Index Fund . With 1.45 shares estimated at $0.31 million under it, the former controlled 0.89% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.29% of the shares, roughly 473.5 shares worth around $0.1 million.