The price-to-earnings ratio for Palantir Technologies Inc (NYSE: PLTR) is 333.01x, which is above its average ratio. Moreover, the 36-month beta value for PLTR is 2.77. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 8 as “hold,” and 5 as “sell.”
The public float for PLTR is 2.05B and currently, short sellers hold a 4.16% of that float. On November 18, 2024, PLTR’s average trading volume was 63.32M shares.
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PLTR) stock’s latest price update
The stock of Palantir Technologies Inc (NYSE: PLTR) has increased by 11.14 when compared to last closing price of 59.18. Despite this, the company has experienced a 12.64% gain in its stock price over the last five trading sessions. fool.com reported 2024-11-17 that Investors are piling into the analytics and artificial intelligence upstart.
PLTR’s Market Performance
Palantir Technologies Inc (PLTR) has experienced a 12.64% rise in stock performance for the past week, with a 56.60% rise in the past month, and a 102.37% rise in the past quarter. The volatility ratio for the week is 5.43%, and the volatility levels for the past 30 days are at 4.34% for PLTR. The simple moving average for the last 20 days is 31.30% for PLTR stock, with a simple moving average of 123.11% for the last 200 days.
Analysts’ Opinion of PLTR
Many brokerage firms have already submitted their reports for PLTR stocks, with Jefferies repeating the rating for PLTR by listing it as a “Underperform.” The predicted price for PLTR in the upcoming period, according to Jefferies is $28 based on the research report published on November 07, 2024 of the current year 2024.
PLTR Trading at 52.30% from the 50-Day Moving Average
After a stumble in the market that brought PLTR to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 3.75% of gains for the given period.
Volatility was left at 4.34%, however, over the last 30 days, the volatility rate increased by 5.43%, as shares surge +53.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +116.85% upper at present.
During the last 5 trading sessions, PLTR rose by +12.64%, which changed the moving average for the period of 200-days by +302.76% in comparison to the 20-day moving average, which settled at $50.09. In addition, Palantir Technologies Inc saw 283.05% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PLTR starting from Karp Alexander C., who sale 4,500,000 shares at the price of $63.10 back on Nov 15 ’24. After this action, Karp Alexander C. now owns 6,432,258 shares of Palantir Technologies Inc, valued at $283,964,850 using the latest closing price.
Karp Alexander C., the of Palantir Technologies Inc, sale 1,823,602 shares at $63.12 during a trade that took place back on Nov 13 ’24, which means that Karp Alexander C. is holding 6,432,258 shares at $115,099,193 based on the most recent closing price.
Stock Fundamentals for PLTR
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.81 for the gross margin
The net margin for Palantir Technologies Inc stands at 0.18. The total capital return value is set at 0.08. Equity return is now at value 12.40, with 9.57 for asset returns.
Based on Palantir Technologies Inc (PLTR), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 20.88. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 2684.96.
Currently, EBITDA for the company is 153.32 million with net debt to EBITDA at -1.29. When we switch over and look at the enterprise to sales, we see a ratio of 56.42. The receivables turnover for the company is 3.96for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.67.
Conclusion
To wrap up, the performance of Palantir Technologies Inc (PLTR) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
