Perimeter Solutions Inc (NYSE: PRM) is -15.34% lower on its value in year-to-date trading and has touched a low of $5.51 and a high of $14.44 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 $11.76 in the last trading session, with the day’s loss setting it -0.94%.
Currently trading at $10.82, the stock is -11.51% and -14.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.89 million and changing -7.99% at the moment leaves the stock -1.98% off its SMA200. PRM registered 89.16% gain for a year compared to 6-month gain of 0.65%.
The stock witnessed a -21.59% loss in the last 1 month and extending the period to 3 months gives it a -11.02%, and is -8.31% 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 5.01% over the week and 3.52% over the month.
Perimeter Solutions Inc (PRM) has around 228 employees, a market worth around $1.58B and $534.19M in sales. Fwd P/E is 15.96. Profit margin for the company is -30.57%. Distance from 52-week low is 96.37% and -25.07% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.08%).
with sales reaching $59.68M over the same period.The EPS is expected to shrink by -40.83% this year, but quarterly earnings will post -8.84% year-over-year. Quarterly sales are estimated to grow 1.08% in year-over-year returns.
The shares outstanding are 145.24M, and float is at 137.87M with Short Float at 1.71%.
The top institutional shareholder in the company is WINDACRE PARTNERSHIP LLC with over 21.6 million shares valued at $169.13 million. The investor’s holdings represent 14.863 of the PRM Shares outstanding. As of 2024-06-30, the second largest holder is PRINCIPAL FINANCIAL GROUP INC with 10.58 million shares valued at $82.86 million to account for 7.2821 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.41 million shares representing 7.1666 and valued at over $81.55 million, while JPMORGAN CHASE & CO holds 6.1896 of the shares totaling 8.99 million with a market value of $70.39 million.
Perimeter Solutions Inc (PRM) Insider Activity
The most recent transaction is an insider sale by Cool Tracy Britt, the company’s Director. SEC filings show that Cool Tracy Britt sold 50,000 shares of the company’s common stock on Nov 22 ’24 at a price of $12.81 per share for a total of $0.64 million. Following the sale, the insider now owns 0.17 million shares.
Still, SEC filings show that on Nov 14 ’24, Khouri Haitham (Chief Executive Officer) disposed off 100,000 shares at an average price of $12.17 for $1.22 million. The insider now directly holds 329,989 shares of Perimeter Solutions Inc (PRM).
