Palantir Technologies Inc (NYSE: PLTR) on Friday, soared 11.14% from the previous trading day, before settling in for the closing price of $59.18. Within the past 52 weeks, PLTR’s price has moved between $15.66 and $63.39.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 30.67%. The company achieved an average annual earnings per share of 51.24%. With a float of $2.05 billion, this company’s outstanding shares have now reached $2.10 billion.
Considering the fact that the conglomerate employs 3735 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 81.1%, operating margin of 13.8%, and the pretax margin is 19.46%.
Palantir Technologies Inc (PLTR) Breakdown of a Key Holders of the stock
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of Palantir Technologies Inc is 10.02%, while institutional ownership is 48.81%. The most recent insider transaction that took place on Nov 15 ’24, was worth 283,964,850. In this transaction an insider of this company sold 4,500,000 shares at a rate of $63.10, taking the stock ownership to the 6,432,258 shares. Before that another transaction happened on Nov 13 ’24, when Company’s insider sold 1,823,602 for $63.12, making the entire transaction worth $115,099,193. This insider now owns 6,432,258 shares in total.
Palantir Technologies Inc (PLTR) Recent Fiscal highlights
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.08 earnings per share (EPS) for the period topping the consensus outlook (set at 0.08) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 51.24% per share during the next fiscal year.
Palantir Technologies Inc (NYSE: PLTR) Trading Performance Indicators
Palantir Technologies Inc (PLTR) is currently performing well based on its current performance indicators. A quick ratio of 5.67 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 62.92. Likewise, its price to free cash flow for the trailing twelve months is 169.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.20, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.46 in one year’s time.
Technical Analysis of Palantir Technologies Inc (PLTR)
Compared to the last year’s volume of 58.39 million, its volume of 93.72 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 89.31%. Additionally, its Average True Range was 2.77.
During the past 100 days, Palantir Technologies Inc’s (PLTR) raw stochastic average was set at 99.49%, which indicates a significant increase from 99.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 101.98% in the past 14 days, which was higher than the 59.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.18, while its 200-day Moving Average is $29.48. Nevertheless, the first resistance level for the watch stands at $67.54 in the near term. At $69.32, the stock is likely to face the second major resistance level. The third major resistance level sits at $72.63. If the price goes on to break the first support level at $62.45, it is likely to go to the next support level at $59.14. Now, if the price goes above the second support level, the third support stands at $57.36.
Palantir Technologies Inc (NYSE: PLTR) Key Stats
Market capitalization of the company is 166.51 billion based on 2,239,454K outstanding shares. Right now, sales total 2,225 M and income totals 209,830 K. The company made 725,520 K in profit during its latest quarter, and 143,530 K in sales during its previous quarter.
