In the past week, PL stock has gone down by -21.97%, with a monthly decline of -0.24% and a quarterly surge of 48.70%. The volatility ratio for the week is 9.63%, and the volatility levels for the last 30 days are 9.52% for Planet Labs PBC The simple moving average for the past 20 days is -19.34% for PL’s stock, with a 59.83% simple moving average for the past 200 days.
Is It Worth Investing in Planet Labs PBC (NYSE: PL) Right Now?
Company’s 36-month beta value is 1.43.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for PL is 201.50M, and currently, short sellers hold a 2.97% ratio of that floaft. The average trading volume of PL on February 24, 2025 was 6.50M shares.
PL) stock’s latest price update
Planet Labs PBC (NYSE: PL)’s stock price has dropped by -4.85 in relation to previous closing price of 4.97. Nevertheless, the company has seen a loss of -21.97% in its stock price over the last five trading days. fool.com reported 2025-02-08 that Planet Labs (PL -2.91%) stock is on a roll.
Analysts’ Opinion of PL
Many brokerage firms have already submitted their reports for PL stocks, with Craig Hallum repeating the rating for PL by listing it as a “Buy.” The predicted price for PL in the upcoming period, according to Craig Hallum is $7 based on the research report published on January 30, 2025 of the current year 2025.
Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see PL reach a price target of $6.30. The rating they have provided for PL stocks is “Overweight” according to the report published on January 24th, 2025.
Needham gave a rating of “Buy” to PL, setting the target price at $5 in the report published on September 06th of the previous year.
PL Trading at -1.85% from the 50-Day Moving Average
After a stumble in the market that brought PL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.53% of loss for the given period.
Volatility was left at 9.52%, however, over the last 30 days, the volatility rate increased by 9.63%, as shares sank -11.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.18% upper at present.
During the last 5 trading sessions, PL fell by -20.54%, which changed the moving average for the period of 200-days by +154.76% in comparison to the 20-day moving average, which settled at $5.87. In addition, Planet Labs PBC saw 17.05% 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 PL starting from Johnson Ashley F., who sale 1,000 shares at the price of $2.53 back on Apr 01 ’24. After this action, Johnson Ashley F. now owns 1,957,012 shares of Planet Labs PBC, valued at $2,530 using the latest closing price.
Johnson Ashley F., the CFO & COO of Planet Labs PBC, sale 1,000 shares at $2.18 during a trade that took place back on Mar 01 ’24, which means that Johnson Ashley F. is holding 838,882 shares at $2,180 based on the most recent closing price.
Stock Fundamentals for PL
Current profitability levels for the company are sitting at:
- -0.54 for the present operating margin
- 0.56 for the gross margin
The net margin for Planet Labs PBC stands at -0.49. The total capital return value is set at -0.26. Equity return is now at value -23.67, with -17.57 for asset returns.
Based on Planet Labs PBC (PL), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at -0.65. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is -7.92.
Currently, EBITDA for the company is -92.06 million with net debt to EBITDA at 1.4. When we switch over and look at the enterprise to sales, we see a ratio of 5.38. The receivables turnover for the company is 6.22for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.32.
Conclusion
In a nutshell, Planet Labs PBC (PL) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
