Perimeter Solutions SA (NYSE: PRM) is 128.26% higher on its value in year-to-date trading and has touched a low of $2.79 and a high of $11.38 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 $10.41 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $10.50, the stock is 9.65% and 23.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.69 million and changing 0.86% at the moment leaves the stock 66.42% off its SMA200. PRM registered 81.35% gain for a year compared to 6-month gain of 100.76%.
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The stock witnessed a 22.81% loss in the last 1 month and extending the period to 3 months gives it a 30.43%, and is 0.86% 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 3.39% over the week and 5.79% over the month.
Perimeter Solutions SA (PRM) has around 228 employees, a market worth around $1.52B and $388.43M in sales. Fwd P/E is 24.86. Profit margin for the company is -14.13%. Distance from 52-week low is 276.34% and -7.72% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.93%).
Perimeter Solutions SA quarterly earnings per share for the current quarter are estimated at 0.42 with sales reaching $192.61M over the same period.The EPS is expected to grow by 1047.16% this year, but quarterly earnings will post 39.20% year-over-year. Quarterly sales are estimated to grow 35.00% in year-over-year returns.
208.0 institutions hold shares in Perimeter Solutions SA (PRM), with institutional investors hold 94.76% of the company’s shares. The shares outstanding are 146.45M, and float is at 136.88M with Short Float at 2.21%. Institutions hold 87.65% of the Float.
The top institutional shareholder in the company is WINDACRE PARTNERSHIP LLC with over 21.6 million shares valued at $$160.27 million. The investor’s holdings represent 14.3204 of the PRM Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 11.19 million shares valued at $$83.0 million to account for 7.4164 of the shares outstanding. The other top investors are PRINCIPAL FINANCIAL GROUP INC which holds 10.57 million shares representing 7.0101 and valued at over $$78.46 million, while JPMORGAN CHASE & CO holds 6.1961 of the shares totaling 9.35 million with a market value of $$69.35 million.
Perimeter Solutions SA (PRM) Insider Activity
The most recent transaction is an insider purchase by Valladares Jorge, the company’s Director. SEC filings show that Valladares Jorge bought 42,000 shares of the company’s common stock on Jun 11 ’24 at a price of $7.15 per share for a total of $0.3 million. Following the purchase, the insider now owns 14000.0 shares.
