In the last trading session, 4.12 million PureCycle Technologies Inc (NASDAQ:PCT) shares changed hands as the company’s beta touched 1.85. With the company’s per share price at $8.78 changed hands at -$0.51 or -5.49% during last session, the market valuation stood at $1.58B. PCT’s last price was a discount, traded about -77.45% off its 52-week high of $15.58. The share price had its 52-week low at $4.50, which suggests the last value was 48.75% up since then.
Analysts gave the PureCycle Technologies Inc (PCT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.80. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended PCT as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight.
PureCycle Technologies Inc (NASDAQ:PCT) trade information
Instantly PCT was in red as seen at the end of in last trading. With action 8.00%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -14.34%, with the 5-day performance at 8.00% in the green. However, in the 30-day time frame, PureCycle Technologies Inc (NASDAQ:PCT) is 46.58% up.
The consensus price target for the stock as assigned by Wall Street analysts is 11, meaning bulls need an upside of 20.18% from its current market value. According to analyst projections, PCT’s forecast low is 6 with 37 as the target high. To hit the forecast high, the stock’s price needs a -321.41% plunge from its current level, while the stock would need to tank 31.66% for it to hit the projected low.
PureCycle Technologies Inc (PCT) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -514.21%. The 2025 estimates are for PureCycle Technologies Inc earnings to increase by 67.60%, but the outlook for the next 5-year period is at 37.38% per year.
PureCycle Technologies Inc (NASDAQ:PCT)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 7.9294% or 13.06 million shares worth $77.31 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund. With 4.42 shares estimated at $38.8 million under it, the former controlled 2.46% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 2.09% of the shares, roughly 3.76 shares worth around $32.98 million.
