In last trading session, PureCycle Technologies Inc (NASDAQ:PCT) saw 2.71 million shares changing hands with its beta currently measuring 1.70. Company’s recent per share price level of $7.66 trading at $0.25 or 3.37% at ring of the bell on the day assigns it a market valuation of $1.37B. That closing price of PCT’s stock is at a discount of -103.39% from its 52-week high price of $15.58 and is indicating a premium of 41.25% from its 52-week low price of $4.50. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.38 million shares which gives us an average trading volume of 2.31 million if we extend that period to 3-months.
For PureCycle Technologies Inc (PCT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.67. 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 -0.23 in the current quarter.
PureCycle Technologies Inc (NASDAQ:PCT) trade information
Upright in the green during last session for gaining 3.37%, in the last five days PCT remained trading in the red while hitting it’s week-highest on Thursday, 03/06/25 when the stock touched $7.66 price level, adding 18.51% to its value on the day. PureCycle Technologies Inc’s shares saw a change of -25.27% in year-to-date performance and have moved -17.55% in past 5-day. PureCycle Technologies Inc (NASDAQ:PCT) showed a performance of -9.62% in past 30-days. Number of shares sold short was 41.81 million shares which calculate 16.63 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 25.5 to the stock, which implies a rise of 69.96% 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 -82.77% in reaching the projected high whereas dropping to the targeted low would mean a loss of -82.77% for stock’s current value.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 4.27M for the same. And 3 analysts are in estimates of company making revenue of 11.93M 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 -514.21% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 55.33% while estimates for its earnings growth in next 5 years are of 41.52%.
PureCycle Technologies Inc (NASDAQ:PCT)’s Major holders
Insiders are in possession of 3.51% of company’s total shares while institution are holding 75.58 percent of that, with stock having share float percentage of 78.33%. Investors also watch the number of corporate investors in a company very closely, which is 75.58% institutions for PureCycle Technologies Inc that are currently holding shares of the company. 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.
