PLBY Group, Inc. (NASDAQ:PLBY) Given Consensus Recommendation of “Buy” by Analysts

Shares of PLBY Group, Inc. (NASDAQ:PLBYGet Rating) have received an average recommendation of “Buy” from the nine analysts that are covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $35.00.

Several analysts recently commented on the company. Canaccord Genuity Group lowered their target price on PLBY Group from $47.00 to $36.00 in a research report on Wednesday, March 2nd. Craig Hallum lowered their target price on PLBY Group from $50.00 to $30.00 in a research report on Wednesday, May 11th. Zacks Investment Research upgraded PLBY Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 4th. Loop Capital decreased their price target on PLBY Group from $26.00 to $13.00 in a research note on Monday. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a $28.00 price target (down from $36.00) on shares of PLBY Group in a research note on Wednesday, April 20th.

In other news, CEO Bernhard L. Kohn III sold 122,000 shares of the firm’s stock in a transaction on Friday, March 18th. The stock was sold at an average price of $15.64, for a total value of $1,908,080.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Lance Barton bought 2,650 shares of the firm’s stock in a transaction dated Thursday, March 24th. The stock was acquired at an average cost of $14.55 per share, with a total value of $38,557.50. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 54,280 shares of company stock valued at $833,171 and have sold 321,059 shares valued at $4,885,721. Company insiders own 30.00% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Centaurus Financial Inc. raised its holdings in shares of PLBY Group by 3.6% during the third quarter. Centaurus Financial Inc. now owns 11,189 shares of the company’s stock worth $264,000 after acquiring an additional 388 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of PLBY Group by 7.4% during the fourth quarter. The Manufacturers Life Insurance Company now owns 13,192 shares of the company’s stock worth $351,000 after acquiring an additional 910 shares in the last quarter. Legal & General Group Plc raised its holdings in shares of PLBY Group by 7.5% during the fourth quarter. Legal & General Group Plc now owns 13,501 shares of the company’s stock worth $359,000 after acquiring an additional 939 shares in the last quarter. Eidelman Virant Capital raised its holdings in shares of PLBY Group by 10.0% during the first quarter. Eidelman Virant Capital now owns 11,000 shares of the company’s stock worth $143,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Credit Suisse AG raised its holdings in shares of PLBY Group by 9.4% during the third quarter. Credit Suisse AG now owns 11,968 shares of the company’s stock worth $282,000 after acquiring an additional 1,033 shares in the last quarter.

NASDAQ PLBY traded up $0.04 on Friday, hitting $9.10. 877,615 shares of the stock traded hands, compared to its average volume of 1,372,579. The stock has a 50-day moving average of $11.35 and a 200 day moving average of $19.91. PLBY Group has a twelve month low of $7.07 and a twelve month high of $55.50. The company has a market capitalization of $411.51 million, a P/E ratio of -5.58 and a beta of 3.11. The company has a current ratio of 1.30, a quick ratio of 0.84 and a debt-to-equity ratio of 0.51.

PLBY Group (NASDAQ:PLBYGet Rating) last announced its quarterly earnings data on Tuesday, May 10th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.17. PLBY Group had a negative return on equity of 11.58% and a negative net margin of 25.31%. The firm had revenue of $69.40 million for the quarter, compared to analysts’ expectations of $68.52 million. During the same quarter in the prior year, the firm posted $0.03 earnings per share. PLBY Group’s revenue for the quarter was up 62.5% compared to the same quarter last year. As a group, equities research analysts expect that PLBY Group will post 0.3 earnings per share for the current year.

PLBY Group Company Profile (Get Rating)

PLBY Group, Inc operates as a pleasure and leisure company worldwide. The company operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. It offers sexual wellness products, such as products that enhance sexual experience, lingerie, bedroom accessories, intimates, and adult content; style and apparel products for men and women; gaming and lifestyle products, including digital casino and social games, and other home and hospitality offerings; and beauty and grooming products for men and women, such as skincare, haircare, bath and body, grooming, cosmetics, and fragrance.

Further Reading

Analyst Recommendations for PLBY Group (NASDAQ:PLBY)

Receive News & Ratings for PLBY Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PLBY Group and related companies with MarketBeat.com's FREE daily email newsletter.