The stock of Planet Labs PBC (PL) has seen a 14.29% increase in the past week, with a -33.33% drop in the past month, and a 5.32% flourish in the past quarter. The volatility ratio for the week is 7.04%, and the volatility levels for the past 30 days are at 8.68% for PL. The simple moving average for the last 20 days is -7.06% for PL stock, with a simple moving average of 33.18% for the last 200 days.
Is It Worth Investing in Planet Labs PBC (NYSE: PL) Right Now?
The 36-month beta value for PL is also noteworthy at 1.46. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for PL is 201.49M, and at present, short sellers hold a 3.08% of that float. The average trading volume of PL on March 17, 2025 was 5.81M shares.
PL) stock’s latest price update
The stock price of Planet Labs PBC (NYSE: PL) has plunged by 0.00 when compared to previous closing price of 4.16, but the company has seen a 14.29% gain in its stock price over the last five trading sessions. businesswire.com reported 2025-03-11 that SAN FRANCISCO & BASEL, Switzerland–(BUSINESS WIRE)–Farmers around the world will have comprehensive access to near-daily satellite imagery of their fields thanks to a new partnership signed between Syngenta, a leading global agriculture technology company, and Planet Labs PBC (NYSE: PL), an important provider of global, daily satellite imagery and geospatial solutions. The multi-year expansion of their strategic partnership enables farmers to remotely monitor crop health, detect pest infestat.
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 -14.09% 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 -38.00% of loss for the given period.
Volatility was left at 8.68%, however, over the last 30 days, the volatility rate increased by 7.04%, as shares sank -30.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.67% upper at present.
During the last 5 trading sessions, PL rose by +16.18%, which changed the moving average for the period of 200-days by +129.83% in comparison to the 20-day moving average, which settled at $4.48. In addition, Planet Labs PBC saw 2.97% 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.
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 4.65. 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 summary, Planet Labs PBC (PL) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
