During the last session, Planet Labs PBC (NYSE:PL)’s traded shares were 5.42 million, with the beta value of the company hitting 1.62. At the end of the trading day, the stock’s price was $5.11, reflecting an intraday gain of 0.20% or $0.01. The 52-week high for the PL share is $6.71, that puts it down -31.31 from that peak though still a striking 66.14% gain since the share price plummeted to a 52-week low of $1.73. The company’s market capitalization is $1.55B, and the average intraday trading volume over the past 10 days was 17.51 million shares, and the average trade volume was 6.09 million shares over the past three months.
Planet Labs PBC (PL) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.33. PL has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it.
Planet Labs PBC (NYSE:PL) trade information
Planet Labs PBC (PL) registered a 0.20% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.20% in intraday trading to $5.11, hitting a weekly high. The stock’s 5-day price performance is -5.89%, and it has moved by 33.42% in 30 days. Based on these gigs, the overall price performance for the year is 176.22%. The short interest in Planet Labs PBC (NYSE:PL) is 10.86 million shares and it means that shorts have 3.24 day(s) to cover.
The consensus price target of analysts on Wall Street is $6.3, which implies an increase of 18.89% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6.3 and $6.3 respectively. As a result, PL is trading at a discount of -23.29% off the target high and -23.29% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 31.85%. While earnings are projected to return 32.83% in 2025, the next five years will return 32.92% per annum.
PL Dividends
Planet Labs PBC is due to release its next quarterly earnings on 2025-Jun-04. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 14.71 million shares, is of VANGUARD GROUP INC’s that is approximately 5.0659% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $27.36 million.
