In last trading session, Planet Labs PBC (NYSE:PL) saw 6.72 million shares changing hands with its beta currently measuring 1.40. Company’s recent per share price level of $5.45 trading at -$0.18 or -3.20% at ring of the bell on the day assigns it a market valuation of $1.63B. That closing price of PL’s stock is at a discount of -23.12% from its 52-week high price of $6.71 and is indicating a premium of 69.36% from its 52-week low price of $1.67.
For Planet Labs PBC (PL), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.18. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.02 in the current quarter.
Planet Labs PBC (NYSE:PL) trade information
Upright in the red during last session for losing -3.20%, in the last five days PL remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $5.45 price level, adding 17.42% to its value on the day. Planet Labs PBC’s shares saw a change of 34.90% in year-to-date performance and have moved -10.80% in past 5-day. Planet Labs PBC (NYSE:PL) showed a performance of 16.70% in past 30-days.
Wall Street analysts have assigned a consensus price target of 5.65 to the stock, which implies a rise of 3.54% to its current value. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 6.3. It follows that stock’s current price would jump 8.26% in reaching the projected high whereas dropping to the targeted low would mean a gain of 8.26% for stock’s current value.
Planet Labs PBC (PL) estimates and forecasts
This year revenue growth is estimated to rise 10.88% from the last financial year’s standing.
11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 61.88M for the same. And 10 analysts are in estimates of company making revenue of 64.56M in the next quarter. Company posted 58.85M and 60.44M 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 35.30% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 37.08% while estimates for its earnings growth in next 5 years are of 45.94%.
Planet Labs PBC (NYSE:PL)’s Major holders
ALPHABET INC. is the top institutional holder at PL for having 31.94 million shares of worth $59.41 million. And as of 2024-06-30, it was holding 11.0009 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 14.71 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.1027 of outstanding shares, having a total worth of $27.36 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 6.39 shares of worth $34.82 million or 2.30% of the total outstanding shares. The later fund manager was in possession of 5.93 shares on Nov 30, 2024 , making its stake of worth around $32.32 million in the company or a holder of 2.13% of company’s stock.