Planet Labs PBC (NYSE: PL) on Monday, soared 2.61% from the previous trading day, before settling in for the closing price of $2.30. Within the past 52 weeks, PL’s price has moved between $1.67 and $2.89.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 23.83%. The company achieved an average annual earnings per share of 10.84%. With a float of $195.96 million, this company’s outstanding shares have now reached $268.12 million.
The extent of productivity of a business whose workforce counts for 1180 workers is very important to gauge. In terms of profitability, gross margin is 52.46%, operating margin of -60.82%, and the pretax margin is -57.17%.
Planet Labs PBC (PL) Insider Updates
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of Planet Labs PBC is 33.23%, while institutional ownership is 25.67%. The most recent insider transaction that took place on Apr 01 ’24, was worth 2,530. In this transaction CFO & COO of this company sold 1,000 shares at a rate of $2.53, taking the stock ownership to the 1,957,012 shares. Before that another transaction happened on Mar 01 ’24, when Company’s CFO & COO sold 1,000 for $2.18, making the entire transaction worth $2,180. This insider now owns 838,882 shares in total.
Planet Labs PBC (PL) Performance Highlights and Predictions
As on 7/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.05 earnings per share (EPS) for the period topping the consensus outlook (set at -0.08) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.00% during the next five years compared to 35.30% growth over the previous five years of trading.
Planet Labs PBC (NYSE: PL) Trading Performance Indicators
Planet Labs PBC (PL) is currently performing well based on its current performance indicators. A quick ratio of 2.32 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.13 in one year’s time.
Technical Analysis of Planet Labs PBC (PL)
The latest stats from [Planet Labs PBC, PL] show that its last 5-days average volume of 1.4 million was inferior to 1.72 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 59.05%. Additionally, its Average True Range was 0.11.
During the past 100 days, Planet Labs PBC’s (PL) raw stochastic average was set at 54.31%, which indicates a significant decrease from 89.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.20% in the past 14 days, which was lower than the 88.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.29, while its 200-day Moving Average is $2.14. Now, the first resistance to watch is $2.39. This is followed by the second major resistance level at $2.43. The third major resistance level sits at $2.47. If the price goes on to break the first support level at $2.31, it is likely to go to the next support level at $2.27. Assuming the price breaks the second support level, the third support level stands at $2.23.
Planet Labs PBC (NYSE: PL) Key Stats
Market capitalization of the company is 692.61 million based on 290,772K outstanding shares. Right now, sales total 220,700 K and income totals -140,510 K. The company made 61,090 K in profit during its latest quarter, and -38,670 K in sales during its previous quarter.
