In the last trading session, 1.53 million shares of the PureCycle Technologies Inc (NASDAQ:PCT) were traded, and its beta was 1.73. Most recently the company’s share price was $6.56, and it changed around -$0.13 or -1.94% from the last close, which brings the market valuation of the company to $1.18B. PCT currently trades at a discount to its 52-week high of $15.58, offering almost -137.5% off that amount. The share price’s 52-week low was $4.50, which indicates that the current value has risen by an impressive 31.4% since then.
PureCycle Technologies Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.80. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended PCT as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. PureCycle Technologies Inc is expected to report earnings per share of -0.23 for the current quarter.
PureCycle Technologies Inc (NASDAQ:PCT) trade information
Instantly PCT has showed a red trend with a performance of -1.94% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 7.01 on recent trading dayincreased the stock’s daily price by 6.42%. The company’s shares are currently down -36.00% year-to-date, but still down -5.75% over the last five days. On the other hand, PureCycle Technologies Inc (NASDAQ:PCT) is 9.52% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $11, which translates to bulls needing to increase their stock price by 40.36% from its current value. Analyst projections state that PCT is forecast to be at a low of $6 and a high of $37.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 4.27M in revenue for the current quarter. 3 analysts expect PureCycle Technologies Inc to make 11.93M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 0.00%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -514.21%. PureCycle Technologies Inc earnings are expected to increase by 55.59% in 2025, but the outlook is positive 41.57% per year for the next five years.
PCT Dividends
PureCycle Technologies Inc’s next quarterly earnings report is expected to be released in June.
VANGUARD GROUP INC, with 7.9294% or 13.06 million shares worth $77.31 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 4.42 shares worth $28.99 million, making up 2.46% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held roughly 3.76 shares worth around $24.64 million, which represents about 2.09% of the total shares outstanding.
