Perimeter Solutions SA (NYSE: PRM) is -22.10% lower on its value in year-to-date trading and has touched a low of $7.92 and a high of $15.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PRM stock was last observed hovering at around $10.63 in the last trading session, with the day’s gains setting it 0.19% off its average median price target of $14.25 for the next 12 months. It is also 25.38% off the consensus price target high of $14.50 offered by 2 analysts, but current levels are 22.71% higher than the price target low of $14.00 for the same period.
Currently trading at $10.82, the stock is 1.47% and 2.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.69 million and changing 1.79% at the moment leaves the stock -7.86% off its SMA200. PRM registered a loss of -17.02% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $5.76 and a 200-day simple moving average (SMA200) of $15.54.
The stock witnessed a -7.91% gain in the last 1 month and extending the period to 3 months gives it a -2.35%, and is 7.13% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.71% over the week and 4.40% over the month.
Perimeter Solutions SA (PRM) has around 226 employees, a market worth around $1.75B and $362.34M in sales. Current P/E ratio is 24.76. Distance from 52-week low is 36.62% and -28.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-32.80%).
Perimeter Solutions SA (PRM) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Perimeter Solutions SA (PRM) is a “Buy”. 2 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Perimeter Solutions SA is expected to release its quarterly report on 12/13/2022.
Perimeter Solutions SA (PRM) Top Institutional Holders
The shares outstanding are 160.25M, and float is at 154.51M with Short Float at 3.25%.
Perimeter Solutions SA (PRM) Insider Activity
A total of 7 insider transactions have happened at Perimeter Solutions SA (PRM) in the last six months, with sales accounting for 0 and purchases happening 7 times. The most recent transaction is an insider purchase by WindAcre Partnership Master Fu,the company’s10% Owner. SEC filings show that WindAcre Partnership Master Fu bought 1,600,000 shares of the company’s common stock on May 09 at a price of $8.65 per share for a total of $13.84 million. Following the purchase, the insider now owns 21.6 million shares.