In the last trading session, 1.01 million shares of the PLBY Group Inc (NASDAQ:PLBY) were traded, and its beta was 2.22. Most recently the company’s share price was $2.10, and it changed around $0.1 or 5.00% from the last close, which brings the market valuation of the company to $196.85M. PLBY currently trades at a discount to its 52-week high of $2.44, offering almost -16.19% off that amount. The share price’s 52-week low was $0.52, which indicates that the current value has risen by an impressive 75.24% since then. We note from PLBY Group Inc’s average daily trading volume that its 10-day average is 1.31 million shares, with the 3-month average coming to 856.40K.
PLBY Group Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended PLBY as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. PLBY Group Inc is expected to report earnings per share of -0.11 for the current quarter.
PLBY Group Inc (NASDAQ:PLBY) trade information
Instantly PLBY has showed a green trend with a performance of 5.00% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.13 on recent trading dayincreased the stock’s daily price by 1.41%. The company’s shares are currently up 43.84% year-to-date, but still up 6.60% over the last five days. On the other hand, PLBY Group Inc (NASDAQ:PLBY) is 53.28% up in the 30-day period. We can see from the shorts that 2.09 million shares have been sold at a short interest cover period of 2.85 day(s).
The consensus price target as assigned by Wall Street analysts is $0.9, which translates to bulls needing to decrease their stock price by -133.33% from its current value. Analyst projections state that PLBY is forecast to be at a low of $0.9 and a high of $0.9.
PLBY Group Inc (PLBY) estimates and forecasts
The year-over-year growth rate is expected to be -44.42%, down from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 13.4M in revenue for the current quarter. 1 analysts expect PLBY Group Inc to make 30.5M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 39.36M and 28.32M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -65.96%. Forecasts for the next quarter put sales growth at 7.70%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -1171.57%.
PLBY Dividends
PLBY Group Inc’s next quarterly earnings report is expected to be released in March.
PLBY Group Inc (NASDAQ:PLBY)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 17.99% of PLBY Group Inc shares, and 34.55% of them are in the hands of institutional investors. The stock currently has a share float of 42.13%. PLBY Group Inc stock is held by 62.0 institutions, with FORTRESS INVESTMENT GROUP LLC being the largest institutional investor. By 2024-06-30, it held 3.5516% of the shares, which is about 2.58 million shares worth $2.01 million.
VANGUARD GROUP INC, with 3.3201% or 2.41 million shares worth $1.88 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 1.58 shares worth $3.32 million, making up 1.69% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 781.21 shares worth around $1.64 million, which represents about 0.83% of the total shares outstanding.
