PureCycle Technologies Inc (NASDAQ:PCT) has a beta value of 1.72 and has seen 0.36 million shares traded in the recent trading session. The company, currently valued at $1.23B, closed the recent trade at $6.87 per share which meant it lost -$0.15 on the day or -2.20% during that session. The PCT stock price is -126.78% off its 52-week high price of $15.58 and 34.5% above the 52-week low of $4.50. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.8 million shares traded. The 3-month trading volume is 2.28 million shares.
The consensus among analysts is that PureCycle Technologies Inc (PCT) is Buy stock at the moment, with a recommendation rating of 1.80. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 4 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.23.
PureCycle Technologies Inc (NASDAQ:PCT) trade information
Sporting -2.20% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the PCT stock price touched $6.87 or saw a rise of 16.12%. Year-to-date, PureCycle Technologies Inc shares have moved -33.02%, while the 5-day performance has seen it change -15.55%. Over the past 30 days, the shares of PureCycle Technologies Inc (NASDAQ:PCT) have changed -33.35%. Short interest in the company has seen 45.18 million shares shorted with days to cover at 15.05.
Wall Street analysts have a consensus price target for the stock at $25.5, which means that the shares’ value could jump 73.06% from the levels at last check today.. The projected low price target is $14.0 while the price target rests at a high of $37.0. In that case, then, we find that the latest price level in today’s session is -438.57% off the targeted high while a plunge would see the stock gain -103.78% from the levels at last check today..
PureCycle Technologies Inc (PCT) estimates and forecasts
The company’s shares have lost -27.43% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.00%.
3 analysts offering their estimates for the company have set an average revenue estimate of 4.27M for the current quarter. 3 have an estimated revenue figure of 11.93M for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -514.21% over the past 5 years. Earnings growth for 2025 is a modest 58.97% while over the next 5 years, the company’s earnings are expected to increase by 41.52%.
PCT Dividends
PureCycle Technologies Inc is expected to release its next earnings report on 2025-Feb-26 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
PureCycle Technologies Inc (NASDAQ:PCT)’s Major holders
Insiders own 3.51% of the company shares, while shares held by institutions stand at 75.58% with a share float percentage of 78.32%. Investors are also buoyed by the number of investors in a company, with PureCycle Technologies Inc having a total of 304.0 institutions that hold shares in the company. The top two institutional holders are SYLEBRA CAPITAL LLC with over 29.19 million shares worth more than $172.82 million. As of 2024-06-30, SYLEBRA CAPITAL LLC held 17.7261% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 13.06 million shares as of 2024-06-30. The firm’s total holdings are worth over $77.31 million and represent 7.9456% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . As of Dec 31, 2024 , the former fund manager holds about 2.46% shares in the company for having 4.42 shares of worth $29.92 million while later fund manager owns 3.76 shares of worth $25.43 million as of Dec 31, 2024 , which makes it owner of about 2.09% of company’s outstanding stock.
