PureCycle Technologies Inc (NASDAQ:PCT) has a beta value of 64.94% and has seen 3.31 shares traded in the last trading session. The company, currently valued at $2.34B, closed the last trade at $13.69 per share which meant it lost -$0.31 on the day or 13.03% during that session. The PCT stock price is -13.81% off its 52-week high price of $15.58 and 67.13% above the 52-week low of $4.50.
The consensus among analysts is that PureCycle Technologies Inc (PCT) is Buy stock at the moment, with a recommendation rating of 68.99. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 4 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight.
PureCycle Technologies Inc (NASDAQ:PCT) trade information
Sporting 13.03% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PCT stock price touched $13.69 or saw a rise of 11.51%. Year-to-date, PureCycle Technologies Inc shares have moved 117.89%, while the 5-day performance has seen it change 11.65%. Over the past 30 days, the shares of PureCycle Technologies Inc (NASDAQ:PCT) have changed 48.74%.
Wall Street analysts have a consensus price target for the stock at $11, which means that the shares’ value could drop -24.45% from current levels. The projected low price target is $6.0 while the price target rests at a high of $37.0. In that case, then, we find that the current price level is -170.27% off the targeted high while a plunge would see the stock lose 56.17% from current levels.
PureCycle Technologies Inc (PCT) estimates and forecasts
The company’s shares have gained 9.68% over the past 6 months.
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 -32.41% -514.21% over the past 5 years. Earnings growth for 2025 is a modest 69.74% while over the next 5 years, the company’s earnings are expected to increase by 32.30%.
PCT Dividends
PureCycle Technologies Inc is expected to release its next earnings report on 2025-May-07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
PureCycle Technologies Inc (NASDAQ:PCT)’s Major holders
The top two institutional holders are SYLEBRA CAPITAL LLC with over 29.19 million shares worth more than $172.82 million. As of 2024-06-30, SYLEBRA CAPITAL LLC held 17.7261% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 13.06 million shares as of 2024-06-30. The firm’s total holdings are worth over $77.31 million and represent 7.9294% of shares outstanding.
