In last trading session, PureCycle Technologies Inc (NASDAQ:PCT) saw 2.36 million shares changing hands with its beta currently measuring 1.62. Company’s recent per share price level of $10.46 trading at -$0.44 or -4.04% at ring of the bell on the day assigns it a market valuation of $1.82B. That closing price of PCT’s stock is at a discount of -48.95% from its 52-week high price of $15.58 and is indicating a premium of 56.98% from its 52-week low price of $4.50.
For PureCycle Technologies Inc (PCT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.40. 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 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.21 in the current quarter.
PureCycle Technologies Inc (NASDAQ:PCT) trade information
Upright in the red during last session for losing -4.04%, in the last five days PCT remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $10.46 price level, adding 9.2% to its value on the day. PureCycle Technologies Inc’s shares saw a change of 2.05% in year-to-date performance and have moved 19.41% in past 5-day. PureCycle Technologies Inc (NASDAQ:PCT) showed a performance of 9.19% in past 30-days.
Wall Street analysts have assigned a consensus price target of 25.5 to the stock, which implies a rise of 58.98% to its current value. Analysts have been projecting 14 as a low price target for the stock while placing it at a high target of 37. It follows that stock’s current price would drop -33.84% in reaching the projected high whereas dropping to the targeted low would mean a loss of -33.84% for stock’s current value.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 7.55M for the same. And 3 analysts are in estimates of company making revenue of 12.67M in the next quarter.
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 -650.29% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -140.57% while estimates for its earnings growth in next 5 years are of 11.73%.
PureCycle Technologies Inc (NASDAQ:PCT)’s Major holders
SYLEBRA CAPITAL LLC is the top institutional holder at PCT for having 29.19 million shares of worth $172.82 million. And as of 2024-06-30, it was holding 17.7261 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 13.06 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.9456 of outstanding shares, having a total worth of $77.31 million.
