Pure Cycle (PCYO) Scheduled to Post Earnings on Wednesday

Pure Cycle (NASDAQ:PCYO - Get Free Report) will be issuing its quarterly earnings data after the market closes on Wednesday, April 10th.

Pure Cycle (NASDAQ:PCYO - Get Free Report) last released its earnings results on Friday, January 12th. The utilities provider reported $0.09 earnings per share for the quarter. Pure Cycle had a return on equity of 5.63% and a net margin of 35.45%. The company had revenue of $5.39 million during the quarter.

Pure Cycle Trading Up 1.3 %

NASDAQ:PCYO traded up $0.12 during mid-day trading on Thursday, reaching $9.47. 71,128 shares of the company's stock traded hands, compared to its average volume of 45,190. Pure Cycle has a 12-month low of $9.10 and a 12-month high of $13.07. The firm has a market capitalization of $228.04 million, a price-to-earnings ratio of 33.82 and a beta of 0.97. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.32 and a quick ratio of 3.07. The company has a 50 day moving average price of $9.78 and a 200-day moving average price of $9.89.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PCYO. Advisor Group Holdings Inc. lifted its holdings in shares of Pure Cycle by 4,685.7% in the 4th quarter. Advisor Group Holdings Inc. now owns 3,350 shares of the utilities provider's stock valued at $35,000 after acquiring an additional 3,280 shares during the last quarter. FMR LLC grew its holdings in Pure Cycle by 218.4% in the second quarter. FMR LLC now owns 3,697 shares of the utilities provider's stock worth $39,000 after purchasing an additional 2,536 shares during the last quarter. BNP Paribas Arbitrage SNC grew its holdings in Pure Cycle by 69.3% in the first quarter. BNP Paribas Arbitrage SNC now owns 4,250 shares of the utilities provider's stock worth $40,000 after purchasing an additional 1,740 shares during the last quarter. Lazard Asset Management LLC purchased a new position in Pure Cycle in the fourth quarter worth $45,000. Finally, Barclays PLC grew its holdings in Pure Cycle by 533.1% in the fourth quarter. Barclays PLC now owns 5,229 shares of the utilities provider's stock worth $55,000 after purchasing an additional 4,403 shares during the last quarter. Hedge funds and other institutional investors own 51.39% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Pure Cycle from a "sell" rating to a "hold" rating in a research report on Monday, January 15th.

Pure Cycle Company Profile

Pure Cycle Corporation designs, constructs, operates, and maintains water and wastewater systems in the Denver metropolitan area and Colorado Front Range in the United States. It operates in two segments, Wholesale Water and Wastewater Services, and Land Development. The company engages in the wholesale water production, storage, treatment, and distribution systems; wastewater collection and treatment systems; development of 930-acre master-planned community; oil and gas leasing business; and construction and leasing of single-family homes.