PLBY Group, Inc. (NASDAQ:PLBY) price on Friday, Jun 04, rose 3.8% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $46.39.
A look at the stock’s price movement, the level at last check in today’s session was $44.69, moving within a range at $43.16 and $47.43. The beta value (5-Year monthly) was 0 while the PE ratio in trailing twelve months stood at 0. Turning to its 52-week performance, $63.04 and $9.85 were the 52-week high and 52-week low respectively. Overall, PLBY moved -25.02% over the past month.
PLBY Group, Inc.’s market cap currently stands at around $1.49 Billion. The company has a Forward Dividend ratio of 0, with its dividend yield at 0%. As such, investors might be keen on a downside in the stock’s price ahead of the scheduled earnings report. Analysts project the company’s earnings per share (EPS) to be $0.02, which has seen fiscal year 2021 EPS growth forecast to increase to $0.06 and about $0.45 for fiscal year 2022. Per the data, EPS growth is expected to be -1.04% for 2021 and 6.5% for the next financial year.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of none analyst(s) rate the stock as a Hold, 3 recommend PLBY as a Buy and none give it an Outperform rating. Meanwhile, none analyst(s) rate the stock as Underperform and none say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
The technical evaluation for the stock shows the PEG ratio is 0, with PLBY’s current price about 3.16% and 17.34% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 54.65, while 7-day volatility ratio is 11.02% and 11.79% in the 30-day chart. Further, PLBY Group, Inc. (PLBY) has a beta value of 0, and an average true range (ATR) of 5.2. Analysts have given the company’s stock an average 52-week price target of $47.25, forecast between a low of $32 and high of $55. Looking at the price targets, the low is -31.02% off recent price level in today’s trading while to achieve the yearly target high, it has to move +18.56%. Nonetheless, investors will most likely welcome a +9.94% jump to $51 which is the analysts’ median price.
In the market, a comparison of PLBY Group, Inc. (PLBY) and its peers suggest the former has performed considerably weaker. Data shows PLBY’s intraday price has changed +3.8% today and 0% over the past year. Comparatively, Peloton Interactive Inc (PTON) has moved +1.28% so far today and only +115.56% in the past 12 months. Looking at another peer, we see that Pool Corp (POOL) price has dipped -1.19% on the day. However, the stock is 62.68% off its price today a year ago. Moreover, Brunswick Corp (BC) is also up 3.8% in today’s trading while keeping a downtrend of 0% over the past year. If we look at the PE ratio, we find that PLBY Group, Inc.’s ratio stands at 0 compared to Peloton Interactive Inc’s 154.11 and Pool Corp’s 41.17. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are up 0.68% and 0.27% respectively on the day as seen in early trades.
If we refocus on PLBY Group, Inc. (NASDAQ:PLBY), historical trading data shows that trading volumes averaged 1.31 Million over the past 10 days and 2.49 Million over the past 3 months. The company’s latest data on shares outstanding shows there are 33.78 Million shares.
As per Thomson Reuters, 8.47% of PLBY Group, Inc.’s shares are in the hands of company insiders while institutional holders own 75.58% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.71 Million on April 14, 2021, giving us a short ratio of 1. The data shows that as of April 14, 2021 short interest in PLBY Group, Inc. (PLBY) stood at 8.08% of shares outstanding, with shares short dropping from 627.32 Million registered in March. Current price change has pushed the stock +325.21% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PLBY stock continues to rise going into the next quarter.