PLBY Group (NASDAQ:PLBY - Get Free Report)'s stock had its "buy" rating reiterated by analysts at Chardan Capital in a research note issued on Wednesday, Benzinga reports. They currently have a $4.00 price objective on the stock. Chardan Capital's price objective suggests a potential upside of 284.62% from the company's current price.
PLBY Group Price Performance
NASDAQ:PLBY traded up $0.03 during mid-day trading on Wednesday, hitting $1.04. The company's stock had a trading volume of 164,512 shares, compared to its average volume of 586,953. The company has a current ratio of 1.18, a quick ratio of 0.96 and a debt-to-equity ratio of 4.14. The stock has a fifty day moving average of $0.96 and a 200-day moving average of $0.91. The company has a market capitalization of $75.72 million, a price-to-earnings ratio of -0.40 and a beta of 2.49. PLBY Group has a fifty-two week low of $0.43 and a fifty-two week high of $2.01.
PLBY Group (NASDAQ:PLBY - Get Free Report) last issued its earnings results on Wednesday, March 27th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.15) by $0.02. The business had revenue of $39.36 million during the quarter, compared to analysts' expectations of $34.80 million. PLBY Group had a negative return on equity of 93.57% and a negative net margin of 119.60%. As a group, equities analysts forecast that PLBY Group will post -0.14 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Sfmg LLC lifted its holdings in PLBY Group by 65.0% during the 4th quarter. Sfmg LLC now owns 330,000 shares of the company's stock valued at $330,000 after purchasing an additional 130,000 shares during the last quarter. P.A.W. Capital Corp raised its stake in shares of PLBY Group by 233.3% in the fourth quarter. P.A.W. Capital Corp now owns 200,000 shares of the company's stock valued at $200,000 after acquiring an additional 140,000 shares during the last quarter. Finally, Kure Advisory LLC bought a new position in shares of PLBY Group in the fourth quarter valued at approximately $69,000. 32.46% of the stock is owned by institutional investors.
About PLBY Group
(
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PLBY Group, Inc operates as a pleasure and leisure company in the United States, Australia, China, the United Kingdom, and internationally. It operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. The company offers sexual wellness products, such as lingerie, bedroom accessories, intimacy products, and other adult products; style and apparel products for men and women; digital entertainment and lifestyle products; and beauty and grooming products for men and women, such as skincare, haircare, bath and body, grooming, cosmetics, and fragrance.
Further Reading
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