P3 Health Partners Inc. (NASDAQ: PIII) is -24.01% lower on its value in year-to-date trading and has touched a low of $3.40 and a high of $16.73 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 PIII stock was last observed hovering at around $5.09 in the last trading session, with the day’s gains setting it 0.26% off its average median price target of $9.50 for the next 12 months. It is also 51.36% off the consensus price target high of $11.00 offered by 3 analysts, but current levels are 33.13% higher than the price target low of $8.00 for the same period.
Currently trading at $5.35, the stock is 8.40% and 6.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing 5.11% at the moment leaves the stock -1.54% off its SMA200. PIII registered -46.34% loss for a year compared to 6-month gain of 8.30%.
The stock witnessed a 4.90% loss in the last 1 month and extending the period to 3 months gives it a 3.68%, and is 14.56% 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 13.80% over the week and 11.14% over the month.
P3 Health Partners Inc. (PIII) has around 450 employees, a market worth around $1.36B and $584.40M in sales. Distance from 52-week low is 57.12% and -68.02% from its 52-week high. The company has generated returns on investments over the last 12 months (-254.50%).
P3 Health Partners Inc. (PIII) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for P3 Health Partners Inc. (PIII) is a “Buy”. 3 analysts offering their recommendations for the stock have an average rating of 1.70, where 0 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to shrink by -17.30% this year
P3 Health Partners Inc. (PIII) Top Institutional Holders
The shares outstanding are 243.60M, and float is at 25.59M with Short Float at 15.14%.
P3 Health Partners Inc. (PIII) Insider Activity
The most recent transaction is an insider purchase by Balkin Michael, the company’s 10% Owner. SEC filings show that Balkin Michael bought 15,000 shares of the company’s common stock on Jan 28 at a price of $4.83 per share for a total of $72450.0. Following the purchase, the insider now owns 7.55 million shares.