Planet Labs PBC [NYSE: PL] closed the trading session at $4.14.
The stocks have a year to date performance of 65.99 percent and weekly performance of -2.38 percent. The stock has been moved at 120.43 percent over the last six months. The stock has performed 16.81 percent around the most recent 30 days and changed 88.07 percent over the most recent 3-months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If compared to the average trading volume of 3.71M shares, PL reached to a volume of 2370726 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Planet Labs PBC [PL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PL shares is $4.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PL stock is a recommendation set at 1.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for Planet Labs PBC shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 06, 2024. The new note on the price target was released on December 08, 2023, representing the official price target for Planet Labs PBC stock. Previously, the target price had yet another raise to $5.50, while JMP Securities analysts kept a Mkt Outperform rating on PL stock.
The Average True Range (ATR) for Planet Labs PBC is set at 0.33, with the Price to Sales ratio for PL stock in the period of the last 12 months amounting to 5.23. The Price to Book ratio for the last quarter was 2.64, with the Price to Cash per share for the same quarter was set at 0.81.
PL stock trade performance evaluation
Planet Labs PBC [PL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.38. With this latest performance, PL shares gained by 16.81% in over the last four-week period, additionally plugging by 120.43% over the last 6 months – not to mention a rise of 74.47% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PL stock in for the last two-week period is set at 59.84, with the RSI for the last a single of trading hit 58.86, and the three-weeks RSI is set at 62.00 for Planet Labs PBC [PL]. The present Moving Average for the last 50 days of trading for this stock 3.19, while it was recorded at 3.99 for the last single week of trading, and 2.38 for the last 200 days.
Planet Labs PBC [PL]: An insightful look at the core fundamentals
Planet Labs PBC’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.32 and a Current Ratio set at 2.32.
Earnings per share (EPS) analysis for Planet Labs PBC [PL] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Planet Labs PBC go to 25.00%.
Planet Labs PBC [PL]: Institutional Ownership
There are presently around $54.50%, or 56.03%% of PL stock, in the hands of institutional investors. The top three institutional holders of PL stocks are: ALPHABET INC. with ownership of 31.94 million shares, which is approximately 11.0809%. VANGUARD GROUP INC, holding 14.71 million shares of the stock with an approximate value of $$27.36 million in PL stocks shares; and VANGUARD GROUP INC, currently with $$23.38 million in PL stock with ownership which is approximately 4.3604%.
