Is Purecycle Technologies Stock a Good Investment?
Purecycle Technologies Investment Advice | PCTTU |
- Examine Purecycle Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Purecycle Technologies' leadership team and their track record. Good management can help Purecycle Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Purecycle Technologies' business and its evolving consumer preferences.
- Compare Purecycle Technologies' performance and market position to its competitors. Analyze how Purecycle Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Purecycle Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Purecycle Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Purecycle Technologies Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Purecycle Technologies Holdings is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Good | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Purecycle Technologies Stock
Researching Purecycle Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company recorded a loss per share of 0.62. Purecycle Technologies had not issued any dividends in recent years.
To determine if Purecycle Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Purecycle Technologies' research are outlined below:
| Purecycle Technologies is way too risky over 90 days horizon | |
| Purecycle Technologies appears to be risky and price may revert if volatility continues | |
| Purecycle Technologies has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (101.72 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Purecycle Technologies Holdings has accumulated about 349.83 M in cash with (94.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.14. | |
| Purecycle Technologies has a frail financial position based on the latest SEC disclosures |
Purecycle Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.10) | (0.10) | |
| Return On Capital Employed | (0.12) | (0.12) | |
| Return On Assets | (0.10) | (0.10) | |
| Return On Equity | (0.24) | (0.25) |
Determining Purecycle Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Purecycle Technologies is a good buy. For example, gross profit margin measures Purecycle Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Purecycle Technologies' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Purecycle Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Purecycle Technologies Holdings. Check Purecycle Technologies' Beneish M Score to see the likelihood of Purecycle Technologies' management manipulating its earnings.
Evaluate Purecycle Technologies' management efficiency
The company has return on total asset (ROA) of (0.1119) % which means that it has lost $0.1119 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.4252) %, meaning that it generated substantial loss on money invested by shareholders. Purecycle Technologies' management efficiency ratios could be used to measure how well Purecycle Technologies manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.1 in 2024. Return On Capital Employed is likely to drop to -0.12 in 2024. Non Current Liabilities Total is likely to gain to about 591.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 33.2 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.56 | 1.78 | |
| Tangible Book Value Per Share | 2.56 | 1.78 | |
| Enterprise Value Over EBITDA | (11.31) | (11.88) | |
| Price Book Value Ratio | 1.58 | 1.50 | |
| Enterprise Value Multiple | (11.31) | (11.88) | |
| Price Fair Value | 1.58 | 1.50 |
Understanding the operational decisions made by Purecycle Technologies management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 1.603 |
Basic technical analysis of Purecycle Stock
As of the 22nd of November, Purecycle Technologies holds the Risk Adjusted Performance of 0.1027, coefficient of variation of 805.39, and Semi Deviation of 4.82. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Purecycle Technologies, as well as the relationship between them.Purecycle Technologies' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Purecycle Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Purecycle Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Purecycle Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Dee Michael E over two months ago Acquisition by Dee Michael E of 3000 shares of Purecycle Technologies subject to Rule 16b-3 | ||
Bouck Steven F over six months ago Acquisition by Bouck Steven F of 8000 shares of Purecycle Technologies at 3.9 subject to Rule 16b-3 |
Purecycle Technologies' Outstanding Corporate Bonds
Purecycle Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Purecycle Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Purecycle bonds can be classified according to their maturity, which is the date when Purecycle Technologies Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Purecycle Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Purecycle Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1027 | |||
| Market Risk Adjusted Performance | (1.04) | |||
| Mean Deviation | 5.39 | |||
| Semi Deviation | 4.82 | |||
| Downside Deviation | 7.73 | |||
| Coefficient Of Variation | 805.39 | |||
| Standard Deviation | 9.24 | |||
| Variance | 85.42 | |||
| Information Ratio | 0.1138 | |||
| Jensen Alpha | 1.23 | |||
| Total Risk Alpha | 0.0897 | |||
| Sortino Ratio | 0.1361 | |||
| Treynor Ratio | (1.05) | |||
| Maximum Drawdown | 49.07 | |||
| Value At Risk | (9.33) | |||
| Potential Upside | 17.41 | |||
| Downside Variance | 59.79 | |||
| Semi Variance | 23.23 | |||
| Expected Short fall | (12.26) | |||
| Skewness | 2.1 | |||
| Kurtosis | 7.87 |
| Risk Adjusted Performance | 0.1027 | |||
| Market Risk Adjusted Performance | (1.04) | |||
| Mean Deviation | 5.39 | |||
| Semi Deviation | 4.82 | |||
| Downside Deviation | 7.73 | |||
| Coefficient Of Variation | 805.39 | |||
| Standard Deviation | 9.24 | |||
| Variance | 85.42 | |||
| Information Ratio | 0.1138 | |||
| Jensen Alpha | 1.23 | |||
| Total Risk Alpha | 0.0897 | |||
| Sortino Ratio | 0.1361 | |||
| Treynor Ratio | (1.05) | |||
| Maximum Drawdown | 49.07 | |||
| Value At Risk | (9.33) | |||
| Potential Upside | 17.41 | |||
| Downside Variance | 59.79 | |||
| Semi Variance | 23.23 | |||
| Expected Short fall | (12.26) | |||
| Skewness | 2.1 | |||
| Kurtosis | 7.87 |
Consider Purecycle Technologies' intraday indicators
Purecycle Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Purecycle Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Purecycle Technologies Corporate Filings
| 20th of November 2024 Other Reports | ViewVerify | |
10Q | 15th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 13th of November 2024 Other Reports | ViewVerify | |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Purecycle Stock media impact
Far too much social signal, news, headlines, and media speculation about Purecycle Technologies that are available to investors today. That information is available publicly through Purecycle media outlets and privately through word of mouth or via Purecycle internal channels. However, regardless of the origin, that massive amount of Purecycle data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Purecycle Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Purecycle Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Purecycle Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Purecycle Technologies alpha.
Purecycle Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Purecycle Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Purecycle Technologies Corporate Management
| Matt Cripe | Director Sales | Profile | |
| Jaime Vasquez | Chief Officer | Profile | |
| Dustin Olson | Chief Officer | Profile | |
| Brad JD | General Secretary | Profile |
Additional Tools for Purecycle Stock Analysis
When running Purecycle Technologies' price analysis, check to measure Purecycle Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Purecycle Technologies is operating at the current time. Most of Purecycle Technologies' value examination focuses on studying past and present price action to predict the probability of Purecycle Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Purecycle Technologies' price. Additionally, you may evaluate how the addition of Purecycle Technologies to your portfolios can decrease your overall portfolio volatility.