PureCycle Technologies (PCT) to Release Earnings on Thursday

Key Points

• PureCycle Technologies (PCT) is set to announce its Q2 2025 earnings results on August 7th, with analysts predicting a loss of ($0.23) per share and revenue of $4.10 million.
• The company recently reported Q1 earnings that fell short of estimates, with a revenue of $1.58 million, significantly below the expected $4.27 million.
• Institutional investors hold 63.01% of PureCycle Technologies' stock, indicating significant institutional interest, including major increases by Royal Bank of Canada and AQR Capital Management.

PureCycle Technologies (NASDAQ:PCT - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data after the market closes on Thursday, August 7th. Analysts expect the company to announce earnings of ($0.23) per share and revenue of $4.10 million for the quarter.

PureCycle Technologies (NASDAQ:PCT - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported ($0.27) earnings per share for the quarter, missing analysts' consensus estimates of ($0.25) by ($0.02). The business had revenue of $1.58 million for the quarter, compared to analyst estimates of $4.27 million. On average, analysts expect PureCycle Technologies to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

PureCycle Technologies Trading Up 3.8%

PCT stock traded up $0.48 during mid-day trading on Monday, reaching $13.10. 1,224,067 shares of the stock traded hands, compared to its average volume of 3,079,019. The stock has a market capitalization of $2.36 billion, a PE ratio of -11.20 and a beta of 1.94. PureCycle Technologies has a one year low of $4.50 and a one year high of $17.37. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.45 and a current ratio of 0.55. The business has a 50-day moving average price of $13.20 and a two-hundred day moving average price of $9.83.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Wall Street Zen lowered shares of PureCycle Technologies from a "hold" rating to a "sell" rating in a research note on Monday, July 21st. Cantor Fitzgerald reissued an "overweight" rating and set a $16.00 target price (up from $12.00) on shares of PureCycle Technologies in a research note on Tuesday, June 24th. Finally, TD Cowen raised shares of PureCycle Technologies to a "strong-buy" rating in a research note on Monday, June 23rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $12.50.

Institutional Trading of PureCycle Technologies

A number of hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its stake in PureCycle Technologies by 62.4% in the first quarter. Royal Bank of Canada now owns 1,042,338 shares of the company's stock worth $7,213,000 after acquiring an additional 400,520 shares during the period. Millennium Management LLC purchased a new stake in PureCycle Technologies in the first quarter worth about $3,770,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in PureCycle Technologies by 9.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 284,860 shares of the company's stock worth $1,971,000 after acquiring an additional 23,609 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in PureCycle Technologies by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,249 shares of the company's stock worth $507,000 after acquiring an additional 3,161 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its stake in PureCycle Technologies by 4.3% in the first quarter. Integrated Wealth Concepts LLC now owns 36,571 shares of the company's stock worth $253,000 after acquiring an additional 1,516 shares during the period. 63.01% of the stock is owned by hedge funds and other institutional investors.

PureCycle Technologies Company Profile

PureCycle Technologies, Inc engages in the production of recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled polypropylene resin that has multiple applications, including packaging and labeling for consumer products, piping, ropes, cabling, and plastic parts for various industries.