PotlatchDeltic Corp (NASDAQ: PCH) is -0.64% lower on its value in year-to-date trading and has touched a low of $37.06 and a high of $49.32 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 PCH stock was last observed hovering at around $39.45 in the last trading session, with the day’s loss setting it -0.45%.
Currently trading at $39.00, the stock is -3.07% and -6.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.46 million and changing -1.14% at the moment leaves the stock -7.96% off its SMA200. PCH registered -20.68% loss for a year compared to 6-month gain of 3.37%. The firm has a 50-day simple moving average (SMA 50) of $41.735 and a 200-day simple moving average (SMA200) of $42.3733.
The stock witnessed a -11.90% loss in the last 1 month and extending the period to 3 months gives it a -10.55%, and is -0.64% down 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 2.37% over the week and 2.43% over the month.
PotlatchDeltic Corp (PCH) has around 1384 employees, a market worth around $3.07B and $1.06B in sales. Current P/E ratio is 187.77 and Fwd P/E is 51.74. Profit margin for the company is 1.56%. Distance from 52-week low is 5.23% and -20.92% from its 52-week high. The company has generated returns on investments over the last 12 months (0.56%).
The EPS is expected to shrink by -56.14% this year
430.0 institutions hold shares in PotlatchDeltic Corp (PCH), with institutional investors hold 92.06% of the company’s shares. The shares outstanding are 78.86M, and float is at 77.62M with Short Float at 1.68%. Institutions hold 89.82% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.69 million shares valued at $460.63 million. The investor’s holdings represent 14.6767 of the PCH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 10.45 million shares valued at $411.48 million to account for 13.1108 of the shares outstanding. The other top investors are NORGES BANK which holds 5.44 million shares representing 6.8295 and valued at over $214.34 million, while STATE STREET CORP holds 3.6036 of the shares totaling 2.87 million with a market value of $113.1 million.
PotlatchDeltic Corp (PCH) Insider Activity
The most recent transaction is an insider sale by Cribb Ashlee Townsend, the company’s Vice President, Wood Products. SEC filings show that Cribb Ashlee Townsend sold 4,114 shares of the company’s common stock on Jul 29 ’24 at a price of $43.11 per share for a total of $0.18 million. Following the sale, the insider now owns 29039.0 shares.
Still, SEC filings show that on Feb 12 ’24, WASECHEK WAYNE (VP and Chief Financial Officer) disposed off 1,565 shares at an average price of $45.13 for $70627.0. The insider now directly holds 21,247 shares of PotlatchDeltic Corp (PCH).
