Should I buy or sell PureCycle Technologies stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PureCycle Technologies in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PCT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PCT, but not buy additional shares or sell existing shares. View PCT analyst ratings or view top-rated stocks .

What is PureCycle Technologies' stock price target for 2024?

5 brokerages have issued 12-month price objectives for PureCycle Technologies' stock. Their PCT share price targets range from $3.00 to $18.00. On average, they anticipate the company's stock price to reach $7.75 in the next year. This suggests a possible upside of 47.9% from the stock's current price. View analysts price targets for PCT or view top-rated stocks among Wall Street analysts .

How have PCT shares performed in 2024?

PureCycle Technologies' stock was trading at $4.05 at the beginning of the year. Since then, PCT shares have increased by 29.4% and is now trading at $5.24. View the best growth stocks for 2024 here .

When is PureCycle Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our PCT earnings forecast .

How were PureCycle Technologies' earnings last quarter?

PureCycle Technologies, Inc. (NYSE:PCT) issued its quarterly earnings data on Tuesday, March, 5th. The company reported ($0.15) earnings per share for the quarter, beating the consensus estimate of ($0.23) by $0.08.

What ETFs hold PureCycle Technologies' stock?

ETFs with the largest weight of PureCycle Technologies (NYSE:PCT) stock in their portfolio include Simplify Health Care ETF (PINK) , VanEck Environmental Services ETF (EVX) and Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) . Strategy Shares Halt Climate Change ETF (NZRO) .

Who are PureCycle Technologies' major shareholders?

PureCycle Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Abundance Wealth Counselors (4.12%) and Sanders Morris Harris LLC (0.09%). Insiders that own company stock include Brad Kalter, Daniel M Coombs, David Warner Brenner, Dustin Olson, Fernando Musa , Jeffrey Richard Fieler, John Stewart Scott, Melissa Westerman, Michael E Dee, Michael E Dee , Michael Otworth and Steven F Bouck. View institutional ownership trends .

How do I buy shares of PureCycle Technologies?

Shares of PCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:PCT

PureCycle Technologies (PCT) Stock Price, News & Analysis

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Free PCT Stock Alerts

$5.24

+0.14 (+2.75%)

(As of 04/19/2024 ET)

Compare

Today's Range: $5.05
▼
$5.25
50-Day Range: $4.51
▼
$6.22
52-Week Range: $2.38
▼
$11.89

Volume: 1.16 million shs
Average Volume: 2.60 million shs
Market Capitalization: $861.67 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.75

Get PureCycle Technologies alerts:

PureCycle Technologies MarketRank™ Stock Analysis

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 47.9% Upside
$7.75 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$99,934 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.53) to ($0.40) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.95 out of 5 stars

Business Services Sector

208th out of 305 stocks

Plastics Materials & Resins Industry

10th out of 11 stocks

3.1

Analyst's Opinion

Consensus Rating
PureCycle Technologies has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
PureCycle Technologies has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for PCT.

0.0

Dividend Strength

Dividend Yield
PureCycle Technologies does not currently pay a dividend.
Dividend Growth
PureCycle Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PCT.

1.4

News and Social Media Coverage

News Sentiment
PureCycle Technologies has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for PureCycle Technologies this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for PCT on MarketBeat in the last 30 days. This is a decrease of -82% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added PureCycle Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PureCycle Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $99,934.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
11.44% of the stock of PureCycle Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
63.01% of the stock of PureCycle Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for PureCycle Technologies are expected to grow in the coming year, from ($0.53) to ($0.40) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PureCycle Technologies is -7.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of PureCycle Technologies is -7.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
PureCycle Technologies has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About PureCycle Technologies Stock (NYSE:PCT)

PureCycle Technologies, Inc. engages in the production of recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled polypropylene resin that has multiple applications, including packaging and labeling for consumer products, piping, ropes, cabling, and plastic parts for various industries. Its recycling process separates color, odor, and other contaminants from plastic waste feedstock to transform it into virgin-like resin. The company was founded in 2015 and is headquartered in Orlando, Florida.

PCT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PCT Stock News Headlines

April 2, 2024 | investorplace.com

3 Industrial Stocks Short Sellers Are Hammering: Cracks in the Foundation?

March 28, 2024 | finanznachrichten.de

PureCycle Technologies, Inc.: Scheduled Operational Pause at Ironton Purification Facility to Begin in April

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.

March 7, 2024 | markets.businessinsider.com

Buy Rating Affirmed for PureCycle Technologies on Operational Progress and Strategic Financial Management

March 7, 2024 | finance.yahoo.com

PureCycle Technologies Inc Reports Progress and Challenges in Q4 2023

March 7, 2024 | insidermonkey.com

PureCycle Technologies, Inc. (NASDAQ:PCT) Q4 2023 Earnings Call Transcript

March 6, 2024 | ca.finance.yahoo.com

PCT Jun 2024 3.500 put

March 6, 2024 | investorplace.com

PCT Stock Earnings: PureCycle Technologies Beats EPS for Q4 2023

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

March 4, 2024 | finance.yahoo.com

PCT Mar 2024 4.000 call

March 3, 2024 | ca.finance.yahoo.com

PCT Mar 2024 7.000 call

March 2, 2024 | ca.finance.yahoo.com

PCT Apr 2024 8.000 call

March 2, 2024 | ca.finance.yahoo.com

PCT Apr 2024 4.500 put

March 1, 2024 | ca.finance.yahoo.com

PCT Apr 2024 7.000 call

February 26, 2024 | ca.finance.yahoo.com

PCT Mar 2024 7.000 put

February 24, 2024 | finance.yahoo.com

PCT Mar 2024 3.000 put

February 21, 2024 | msn.com

Top 2 Materials Stocks That May Fall Off A Cliff This Quarter

February 20, 2024 | msn.com

PureCycle appoints Jaime Vasquez as CFO

February 20, 2024 | seekingalpha.com

PureCycle: Where There's Muck There's Money

February 18, 2024 | finance.yahoo.com

PCT Feb 2024 6.000 put

February 17, 2024 | finance.yahoo.com

PCT Feb 2024 3.000 put

February 13, 2024 | ca.finance.yahoo.com

PCT Feb 2024 8.000 put

February 13, 2024 | finance.yahoo.com

PCT Feb 2024 2.000 call

February 5, 2024 | finanznachrichten.de

PureCycle Technologies, Inc.: PureCycle Provides Notice of Agreement in Principle to Purchase Ironton Bonds

February 5, 2024 | finance.yahoo.com

PureCycle Provides Notice of Agreement in Principle to Purchase Ironton Bonds

January 27, 2024 | ca.finance.yahoo.com

PCT Feb 2024 3.500 call

January 18, 2024 | seekingalpha.com

PureCycle Is Struggling To Get Ironton To Scale

See More Headlines

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Company Calendar

Last Earnings: 3/05/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Business Services
Industry: Plastics materials & resins
Sub-Industry: N/A
Current Symbol: NYSE:PCT
CUSIP: N/A
CIK: 1830033
Web: purecycletech.com
Phone: 877-648-3565
Fax: N/A
Employees: 146
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $7.75
High Stock Price Target: $18.00
Low Stock Price Target: $3.00
Potential Upside/Downside: +47.9%
Consensus Rating: Hold
Rating Score (0-4): 2.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.66)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-101,710,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -27.86%
Return on Assets: -12.81%

Debt

Debt-to-Equity Ratio: 1.21
Current Ratio: 2.92
Quick Ratio: 2.92

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.56 per share
Price / Book: 2.05

Miscellaneous

Outstanding Shares: 164,440,000
Free Float: 145,632,000
Market Cap: $861.67 million
Optionable: Not Optionable
Beta: 1.51

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Key Executives

Mr. Dustin Olson (Age 47)
CEO & Director
Comp: $1.1M
Mr. Brad Stewart Kalter J.D. (Age 56)
General Counsel & Corporate Secretary
Comp: $668.68k
Mr. Jaime Vasquez (Age 61)
Chief Financial Officer
Mr. Charles W. Place
Director of Investor Relations
Christian Bruey
Manager of Corporate Communications
Mr. Matt Cripe
Director of Sales
Mr. Thomas Cripe
Head of Business Development
Ms. Tamsin Ettefagh
Chief Sustainability Officer
Ms. Amy Simpson
Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PCT Stock Analysis - Frequently Asked Questions

Should I buy or sell PureCycle Technologies stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PureCycle Technologies in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PCT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PCT, but not buy additional shares or sell existing shares.
View PCT analyst ratings or view top-rated stocks.
What is PureCycle Technologies' stock price target for 2024?: 5 brokerages have issued 12-month price objectives for PureCycle Technologies' stock. Their PCT share price targets range from $3.00 to $18.00. On average, they anticipate the company's stock price to reach $7.75 in the next year. This suggests a possible upside of 47.9% from the stock's current price.
View analysts price targets for PCT or view top-rated stocks among Wall Street analysts.
How have PCT shares performed in 2024?: PureCycle Technologies' stock was trading at $4.05 at the beginning of the year. Since then, PCT shares have increased by 29.4% and is now trading at $5.24.
View the best growth stocks for 2024 here.
When is PureCycle Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our PCT earnings forecast.

How were PureCycle Technologies' earnings last quarter?: PureCycle Technologies, Inc. (NYSE:PCT) issued its quarterly earnings data on Tuesday, March, 5th. The company reported ($0.15) earnings per share for the quarter, beating the consensus estimate of ($0.23) by $0.08.
What ETFs hold PureCycle Technologies' stock?: ETFs with the largest weight of PureCycle Technologies (NYSE:PCT) stock in their portfolio include Simplify Health Care ETF (PINK), VanEck Environmental Services ETF (EVX) and Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ).Strategy Shares Halt Climate Change ETF (NZRO).
Who are PureCycle Technologies' major shareholders?: PureCycle Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Abundance Wealth Counselors (4.12%) and Sanders Morris Harris LLC (0.09%). Insiders that own company stock include Brad Kalter, Daniel M Coombs, David Warner Brenner, Dustin Olson, Fernando Musa, Jeffrey Richard Fieler, John Stewart Scott, Melissa Westerman, Michael E Dee, Michael E Dee, Michael Otworth and Steven F Bouck.
View institutional ownership trends.
How do I buy shares of PureCycle Technologies?: Shares of PCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PCT) was last updated on 4/19/2024 by MarketBeat.com Staff

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PureCycle Technologies (PCT) Stock Price, News & Analysis

PureCycle Technologies MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About PureCycle Technologies Stock (NYSE:PCT)

PCT Stock Price History

PCT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

PCT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™