PLBY Group Inc (PLBY) stock expected to gain 1508.7% in the coming months

PLBY Group Inc [PLBY] stock is trading at $1.15, up 4.55%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PLBY shares have gain 20.05% over the last week, with a monthly amount glided 37.89%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

On 27, March 2024, PLBY Group Reports Fourth Quarter & Full Year 2023 Financial Results. In a post published today on Yahoo Finance, Q4 Revenue of $39.4 Million, Net Loss of $3.8 Million & Adjusted EBITDA of $1.1 Million.

From an analyst’s perspective:

PLBY Group Inc [NASDAQ: PLBY] stock has seen the most recent analyst activity on August 10, 2023, when Stifel reiterated its Hold rating and also revised its price target to $1.50 from $2. Previously, ROTH MKM downgraded its rating to Neutral on May 11, 2023, and kept the price target unchanged to $2. On May 05, 2023, Jefferies initiated with a Buy rating and assigned a price target of $2.50 on the stock. ROTH MKM reiterated its Buy rating and decreased its price target to $5 on March 17, 2023. Stifel downgraded its rating to a Hold and reduced its price target to $7 on July 20, 2022. In a note dated March 02, 2022, Loop Capital reiterated an Buy rating on this stock and revised its target price from $50 to $26.

PLBY Group Inc [PLBY] stock has fluctuated between $0.43 and $2.01 over the past year. Currently, Wall Street analysts expect the stock to reach $18.5 within the next 12 months. PLBY Group Inc [NASDAQ: PLBY] shares were valued at $1.15 at the most recent close of the market. An investor can expect a potential return of 1508.7% based on the average PLBY price forecast.

Analyzing the PLBY fundamentals

PLBY Group Inc [NASDAQ:PLBY] reported sales of 159.19M for the trailing twelve months, which represents a drop of -42.55%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at -1.25%, Pretax Profit Margin comes in at -1.34%, and Net Profit Margin reading is -1.23%. To continue investigating profitability, this company’s Return on Assets is posted at -0.53, Equity is -2.46 and Total Capital is -0.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.3.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.0833 points at the first support level, and at 1.0167 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2033, and for the 2nd resistance point, it is at 1.2567.

PLBY Group Inc [PLBY] reported earnings per share of -$0.12 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.12/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.2 per share as compared to estimates of -$0.13 per share, a difference of -$0.07 representing a surprise of -53.80%.

Ratios To Look Out For

For context, PLBY Group Inc’s Current Ratio is 1.18. Also, the Quick Ratio is 0.96, while the Cash Ratio stands at 0.5. Considering the valuation of this stock, the price to sales ratio is 0.52, the price to book ratio is 1.82.

Transactions by insiders

Recent insider trading involved Kohn Bernhard L III, CEO & President, that happened on Nov 14 ’23 when 50000.0 shares were sold. Former CAO & Treasurer, Beuting Florus completed a deal on Nov 07 ’23 to sell 1059.0 shares. Meanwhile, CAO & Treasurer Beuting Florus sold 1763.0 shares on Aug 22 ’23.

Related Posts