Perma-Fix Environmental Services, Inc (NASDAQ: PESI)’s Stock Is Up 24.33%, A Prediction For What Could Come Next

During the last session, Perma-Fix Environmental Services, Inc (NASDAQ:PESI)’s traded shares were 0.37 million, with the beta value of the company hitting 0.16. At the end of the trading day, the stock’s price was $8.26, reflecting an intraday gain of 7.55% or $0.58. The 52-week high for the PESI share is $16.25, that puts it down -96.73 from that peak though still a striking 24.33% gain since the share price plummeted to a 52-week low of $6.25. The company’s market capitalization is $152.22M, and the average intraday trading volume over the past 10 days was 0.23 million shares, and the average trade volume was 161.85K shares over the past three months.

Perma-Fix Environmental Services, Inc (PESI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. PESI has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.14.

Perma-Fix Environmental Services, Inc (NASDAQ:PESI) trade information

Perma-Fix Environmental Services, Inc (PESI) registered a 7.55% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 7.55% in intraday trading to $8.26, hitting a weekly high. The stock’s 5-day price performance is 12.53%, and it has moved by 11.62% in 30 days. Based on these gigs, the overall price performance for the year is -26.25%. The short interest in Perma-Fix Environmental Services, Inc (NASDAQ:PESI) is 1.06 million shares and it means that shorts have 5.82 day(s) to cover.

The consensus price target of analysts on Wall Street is $18, which implies an increase of 54.11% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18 and $18 respectively. As a result, PESI is trading at a discount of -117.92% off the target high and -117.92% off the low.

Perma-Fix Environmental Services, Inc (PESI) estimates and forecasts

In the rating firms’ projections, revenue will increase 35.49% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 15.3M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 17.7M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 13.62M and 13.99M respectively. In this case, analysts expect current quarter sales to grow by 12.36% and then jump by 26.56% in the coming quarter.

PESI Dividends

Perma-Fix Environmental Services, Inc is due to release its next quarterly earnings on 2025-Mar-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Perma-Fix Environmental Services, Inc (NASDAQ:PESI)’s Major holders

Perma-Fix Environmental Services, Inc insiders own 7.31% of total outstanding shares while institutional holders control 52.09%, with the float percentage being 56.20%. BLACKROCK INC. is the largest shareholder of the company, while 106.0 institutions own stock in it. As of 2024-06-30, the company held over 0.85 million shares (or 5.8464% of all shares), a total value of $8.64 million in shares.

The next largest institutional holding, with 0.67 million shares, is of VANGUARD GROUP INC’s that is approximately 4.8973% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $6.78 million.

Also, the Mutual Funds coming in first place with the largest holdings of Perma-Fix Environmental Services, Inc (PESI) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 537.92 shares. This amounts to just over 2.92 percent of the company’s overall shares, with a $4.44 million market value. The same data shows that the other fund manager holds slightly less at 414.11, or about 2.25% of the stock, which is worth about $3.42 million.