In the last trading session, 2.14 million PureCycle Technologies Inc (NASDAQ:PCT) shares changed hands as the company’s beta touched 1.94. With the company’s per share price at $13.7 changed hands at $0.0 or 0.00% during last session, the market valuation stood at $2.46B. PCT’s last price was a discount, traded about -13.72% 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 67.15% up since then. When we look at PureCycle Technologies Inc’s average trading volume, we note the 10-day average is 6.11 million shares, with the 3-month average coming to 3.62 million.
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
The company’s shares are showing year-to-date upside of 126.45%, with the 5-day performance at 4.50% in the green. However, in the 30-day time frame, PureCycle Technologies Inc (NASDAQ:PCT) is 40.51% up. Looking at the short shares, we see there were 47.87 million shares sold at short interest cover period of 14.53 days.
The consensus price target for the stock as assigned by Wall Street analysts is 11, meaning bulls need a downside of -24.55% 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 -170.07% plunge from its current level, while the stock would need to tank 56.2% for it to hit the projected low.
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 65.39%, but the outlook for the next 5-year period is at 30.67% per year.
PCT Dividends
PureCycle Technologies Inc is expected to release its next quarterly earnings report on 2025-May-07.
PureCycle Technologies Inc (NASDAQ:PCT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.80% of PureCycle Technologies Inc shares while 80.49% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 82.81%. There are 80.49% institutions holding the PureCycle Technologies Inc stock share, with SYLEBRA CAPITAL LLC the top institutional holder. As of 2024-06-30, the company held 17.7261% of the shares, roughly 29.19 million PCT shares worth $172.82 million.
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 Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 4.81 shares estimated at $65.89 million under it, the former controlled 2.68% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 2.17% of the shares, roughly 3.89 shares worth around $53.32 million.
