A share price of PLBY Group Inc [PLBY] is currently trading at $1.55, up 32.48%. An important factor to consider is whether the stock is rising or falling in short-term value. The PLBY shares have gain 40.91% over the last week, with a monthly amount glided 58.88%, 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 experienced fluctuations in its stock price throughout the past year between $0.52 and $2.44. Currently, Wall Street analysts expect the stock to reach $12.63 within the next 12 months. PLBY Group Inc [NASDAQ: PLBY] shares were valued at $1.55 at the most recent close of the market. An investor can expect a potential return of 714.84% based on the average PLBY price forecast.
Analyzing the PLBY fundamentals
Trailing Twelve Months sales for PLBY Group Inc [NASDAQ:PLBY] were 149.94M which represents 1.96% growth. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at -0.33%, Pretax Profit Margin comes in at -0.47%, and Net Profit Margin reading is -0.48%. To continue investigating profitability, this company’s Return on Assets is posted at -0.27, Equity is 286.25 and Total Capital is -0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.65.
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 1.3000 points at the first support level, and at 1.0500 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6850, and for the 2nd resistance point, it is at 1.8200.
Ratios To Look Out For
To put it in perspective, the Current Ratio for PLBY Group Inc [NASDAQ:PLBY] is 0.84. On the other hand, the Quick Ratio is 0.69, and the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 0.97.
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.
