In the last trading session, 2.14 million PureCycle Technologies Inc (NASDAQ:PCT) shares changed hands as the company’s beta touched 1.61. With the company’s per share price at $9.45 changed hands at -$0.3 or -3.08% during last session, the market valuation stood at $1.64B. PCT’s last price was a discount, traded about -64.87% off its 52-week high of $15.58. The share price had its 52-week low at $4.50, which suggests the last value was 52.38% up since then.
Analysts gave the PureCycle Technologies Inc (PCT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. 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 PCT as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. PureCycle Technologies Inc’s EPS for the current quarter is expected to be -0.21.
PureCycle Technologies Inc (NASDAQ:PCT) trade information
Instantly PCT was in red as seen at the end of in last trading. With action -13.30%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -7.80%, with the 5-day performance at -13.30% in the red. However, in the 30-day time frame, PureCycle Technologies Inc (NASDAQ:PCT) is -3.28% down.
The consensus price target for the stock as assigned by Wall Street analysts is 25.5, meaning bulls need an upside of 62.94% from its current market value. According to analyst projections, PCT’s forecast low is 14 with 37 as the target high. To hit the forecast high, the stock’s price needs a -291.53% plunge from its current level, while the stock would need to soar -48.15% for it to hit the projected low.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 7.55M. 3 analysts are of the opinion that PureCycle Technologies Inc’s revenue for the current quarter will be 12.67M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -650.29%. The 2025 estimates are for PureCycle Technologies Inc earnings to decrease by -153.88%, but the outlook for the next 5-year period is at 31.78% per year.
PCT Dividends
PureCycle Technologies Inc is expected to release its next quarterly earnings report in March.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 7.9456% or 13.06 million shares worth $77.31 million as of 2024-06-30.
