PLBY Group Inc [PLBY] stock is trading at $1.97, up 18.67%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PLBY shares have gain 8.54% over the last week, with a monthly amount glided 32.21%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Stifel reaffirmed its Hold rating on August 10, 2023, and dropped its price target to $1.50. On May 11, 2023, downgrade downgraded it’s rating to Neutral but maintained its price target of $2 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $2.50 on May 05, 2023. ROTH MKM reiterated its recommendation of a Buy and reduced its price target to $5 on March 17, 2023. Stifel downgraded its rating to Hold for this stock on July 20, 2022, and downed its price target to $7.
PLBY Group Inc [PLBY] stock has fluctuated between $0.52 and $1.99 over the past year. Currently, Wall Street analysts expect the stock to reach $0.9 within the next 12 months. PLBY Group Inc [NASDAQ: PLBY] shares were valued at $1.97 at the most recent close of the market. An investor can expect a potential drop of -54.31% based on the average PLBY price forecast.
Analyzing the PLBY fundamentals
PLBY Group Inc [NASDAQ:PLBY] reported sales of 105.43M for the trailing twelve months, which represents a drop of -61.35%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at -0.39%, Pretax Profit Margin comes in at -0.73%, and Net Profit Margin reading is -0.73%. To continue investigating profitability, this company’s Return on Assets is posted at -0.28, Equity is -4.06 and Total Capital is -0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -13.39.
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 1.6867 points at the first support level, and at 1.4033 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.3467, and for the 2nd resistance point, it is at 2.7233.
Ratios To Look Out For
For context, PLBY Group Inc’s Current Ratio is 1.44. As well, the Quick Ratio is 1.44, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 1.68.
Transactions by insiders
Recent insider trading involved Kohn Bernhard L III, CEO & President, that happened on Aug 20 ’24 when 79330.0 shares were sold. CEO & President, Kohn Bernhard L III completed a deal on Aug 19 ’24 to sell 69871.0 shares. Meanwhile, CEO & President Kohn Bernhard L III sold 71323.0 shares on Aug 21 ’24.
