Perimeter Solutions SA (NYSE: PRM) is 59.35% higher on its value in year-to-date trading and has touched a low of $2.79 and a high of $8.41 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PRM stock was last observed hovering at around $7.33 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $7.33, the stock is 16.00% and 33.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.97 million and changing 0.00% at the moment leaves the stock 46.95% off its SMA200. PRM registered -5.54% loss for a year compared to 6-month gain of 53.67%. The firm has a 50-day simple moving average (SMA 50) of $5.29 and a 200-day simple moving average (SMA200) of $10.16.
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The stock witnessed a 22.17% loss in the last 1 month and extending the period to 3 months gives it a 60.75%, and is 15.43% 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 5.72% over the week and 3.88% over the month.
Perimeter Solutions SA (PRM) has around 228 employees, a market worth around $1.07B and $322.11M in sales. Current P/E ratio is 18.63 and Fwd P/E is 19.34. Profit margin for the company is 20.95%. Distance from 52-week low is 162.72% and -12.89% from its 52-week high. The company has generated returns on investments over the last 12 months (3.46%).
Perimeter Solutions SA quarterly earnings per share for the current quarter are estimated at -$0.12 with sales reaching $55.53M over the same period.The EPS is expected to grow by 874.79% this year, but quarterly earnings will post 41.60% year-over-year. Quarterly sales are estimated to grow 26.80% in year-over-year returns.
193 institutions hold shares in Perimeter Solutions SA (PRM), with institutional investors hold 95.18% of the company’s shares. The shares outstanding are 146.45M, and float is at 136.99M with Short Float at 2.31%. Institutions hold 89.88% of the Float.
The top institutional shareholder in the company is Windacre Partnership LLC with over 21.6 million shares valued at $132.84 million. The investor’s holdings represent 13.98% of the PRM Shares outstanding. As of Jun 29, 2023, the second largest holder is Select Equity Group, Inc. with 13.68 million shares valued at $84.14 million to account for 8.85% of the shares outstanding. The other top investors are Blackrock Inc. which holds 10.68 million shares representing 6.91% and valued at over $65.66 million, while Principal Financial Group, Inc. holds 6.90% of the shares totaling 10.67 million with a market value of $65.61 million.
