Planet Labs PBC (NYSE:PL) has a beta value of 1.61 and has seen 8.65 million shares traded in the last trading session. The company, currently valued at $1.61B, closed the last trade at $5.3 per share which meant it gained $0.27 on the day or 5.37%% during that session. The PL stock price is -26.6% off its 52-week high price of $6.71 and 67.36% above the 52-week low of $1.73.
The consensus among analysts is that Planet Labs PBC (PL) is Buy stock at the moment, with a recommendation rating of 1.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 7 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
Planet Labs PBC (NYSE:PL) trade information
Sporting 5.37%% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the PL stock price touched $5.3 or saw a rise of 3.46%. Year-to-date, Planet Labs PBC shares have moved 183.42%, while the 5-day performance has seen it change -1.30%. Over the past 30 days, the shares of Planet Labs PBC (NYSE:PL) have changed 42.86%.
Wall Street analysts have a consensus price target for the stock at $6.3, which means that the shares’ value could jump 15.87% from current levels. The projected low price target is $6.3 while the price target rests at a high of $6.3. In that case, then, we find that the current price level is -18.87% off the targeted high while a plunge would see the stock gain -18.87% from current levels.
Planet Labs PBC (PL) estimates and forecasts
The company’s shares have gained 26.19% 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 31.85% over the past 5 years. Earnings growth for 2025 is a modest 31.96% while over the next 5 years, the company’s earnings are expected to increase by 30.79%.
PL Dividends
Planet Labs PBC is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Planet Labs PBC (NYSE:PL)’s Major holders
The top two institutional holders are ALPHABET INC. with over 31.94 million shares worth more than $59.41 million. As of 2024-06-30, ALPHABET INC. held 11.0009% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 14.71 million shares as of 2024-06-30. The firm’s total holdings are worth over $27.36 million and represent 5.0659% of shares outstanding.
