Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) has a beta value of 1.43 and has seen 0.5 million shares traded in the recent trading session. The company, currently valued at $489.01M, closed the recent trade at $1.04 per share which meant it lost -$0.01 on the day or -0.48% during that session. The PSNY stock price is -86.54% off its 52-week high price of $1.94 and 41.35% above the 52-week low of $0.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.02 million shares traded. The 3-month trading volume is 5.05 million shares.
The consensus among analysts is that Polestar Automotive Holding UK PLC ADR (PSNY) is Hold stock at the moment, with a recommendation rating of 3.60. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 4 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.13.
Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) trade information
Sporting -0.48% 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 PSNY stock price touched $1.04 or saw a rise of 7.14%. Year-to-date, Polestar Automotive Holding UK PLC ADR shares have moved -0.48%, while the 5-day performance has seen it change -6.70%. Over the past 30 days, the shares of Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) have changed -3.24%. Short interest in the company has seen 41.44 million shares shorted with days to cover at 7.42.
Wall Street analysts have a consensus price target for the stock at $3, which means that the shares’ value could jump 65.33% from the levels at last check today. The projected low price target is $1.5 while the price target rests at a high of $10.0. In that case, then, we find that the latest price level in today’s session is -861.54% off the targeted high while a plunge would see the stock gain -44.23% from the levels at last check today.
Polestar Automotive Holding UK PLC ADR (PSNY) estimates and forecasts
The company’s shares have lost -39.24% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -16.17%. 2 have an estimated revenue figure of 572.13M 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 10.12% over the past 5 years. Earnings growth for 2025 is a modest 28.87% while over the next 5 years, the company’s earnings are expected to increase by 13.12%.
PSNY Dividends
Polestar Automotive Holding UK PLC ADR is expected to release its next earnings report on 2025-Jan-15 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY)’s Major holders
Insiders own 81.43% of the company shares, while shares held by institutions stand at 4.07% with a share float percentage of 21.91%. Investors are also buoyed by the number of investors in a company, with Polestar Automotive Holding UK PLC ADR having a total of 142.0 institutions that hold shares in the company. The top two institutional holders are AMF TJANSTEPENSION AB with over 21.97 million shares worth more than $17.28 million. As of 2024-06-30, AMF TJANSTEPENSION AB held 1.041% of shares outstanding.
The other major institutional holder is SWEDBANK AB, with the holding of over 11.74 million shares as of 2024-06-30. The firm’s total holdings are worth over $9.24 million and represent 0.5563% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core MSCI EAFE ETF and iShares Trust-iShares MSCI EAFE Small-Cap ETF. As of Feb 28, 2025, the former fund manager holds about 0.55% shares in the company for having 2.59 shares of worth $2.71 million while later fund manager owns 1.32 shares of worth $1.38 million as of Feb 28, 2025, which makes it owner of about 0.28% of company’s outstanding stock.
