Palantir Technologies Inc (NYSE: PLTR) open the trading on Wednesday, with a bit cautious approach as it glided -1.53% to $24.51, before settling in for the price of $24.89 at the close. Taking a more long-term approach, PLTR posted a 52-week range of $7.28-$27.50.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Technology sector firm’s twelve-monthly sales growth has been 30.67% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 32.10%. This publicly-traded company’s shares outstanding now amounts to $2.10 billion, simultaneously with a float of $1.87 billion. The organization now has a market capitalization sitting at $54.23 billion. At the time of writing, stock’s 50-day Moving Average stood at $22.24, while the 200-day Moving Average is $18.08.
Palantir Technologies Inc (PLTR) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Infrastructure industry. Palantir Technologies Inc’s current insider ownership accounts for 15.29%, in contrast to 39.39% institutional ownership. According to the most recent insider trade that took place on Mar 15 ’24, this organization’s Director sold 6,000 shares at the rate of 23.68, making the entire transaction reach 142,099 in total value, affecting insider ownership by 175,830. Preceding that transaction, on Mar 12 ’24, Company’s Director sold 7,044,756 for 24.79, making the whole transaction’s value amount to 174,615,999. This particular insider is now the holder of 70,806,432 in total.
Palantir Technologies Inc (PLTR) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted $0.08 earnings per share (EPS) beating the forecaster’s viewpoint (set at $0.07) by $0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
Palantir Technologies Inc’s EPS increase for this current 12-month fiscal period is 32.10% and is forecasted to reach 0.40 in the upcoming year.
Palantir Technologies Inc (NYSE: PLTR) Trading Performance Indicators
Let’s observe the current performance indicators for Palantir Technologies Inc (PLTR). It’s Quick Ratio in the last reported quarter now stands at 5.55. The Stock has managed to achieve an average true range (ATR) of 1.09. Alongside those numbers, its PE Ratio stands at $271.43, and its Beta score is 2.80. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 24.37. Similarly, its price to free cash flow for trailing twelve months is now 77.80.
In the same vein, PLTR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.09, a figure that is expected to reach 0.08 in the next quarter, and analysts are predicting that it will be 0.40 at the market close of one year from today.
Technical Analysis of Palantir Technologies Inc (PLTR)
[Palantir Technologies Inc, PLTR] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 67.49% While, its Average True Range was 1.03.
Raw Stochastic average of Palantir Technologies Inc (PLTR) in the period of the previous 100 days is set at 74.74%, which indicates a major rise in contrast to 36.47% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 32.20% that was lower than 70.54% volatility it exhibited in the past 100-days period.
