PureCycle Technologies (PCT) to Release Quarterly 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 projected to announce its Q2 2025 earnings results 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 released its quarterly earnings data on Wednesday, May 7th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.25) by ($0.02). The company 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 Price Performance

PCT stock traded down $0.79 during trading on Friday, reaching $12.62. 4,412,230 shares of the company were exchanged, compared to its average volume of 3,451,929. The company has a 50-day moving average of $13.20 and a two-hundred day moving average of $9.83. The company has a market capitalization of $2.27 billion, a price-to-earnings ratio of -10.79 and a beta of 1.94. PureCycle Technologies has a twelve month low of $4.50 and a twelve month high of $17.37. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.55 and a quick ratio of 0.45.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on PCT shares. Cantor Fitzgerald reiterated an "overweight" rating and set a $16.00 price objective (up from $12.00) on shares of PureCycle Technologies in a research report on Tuesday, June 24th. Wall Street Zen cut shares of PureCycle Technologies from a "hold" rating to a "sell" rating in a research report on Monday, July 21st. Finally, TD Cowen upgraded shares of PureCycle Technologies to a "strong-buy" rating in a research report on Monday, June 23rd. One 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, PureCycle Technologies currently has an average rating of "Moderate Buy" and an average price target of $12.50.

Institutional Investors Weigh In On PureCycle Technologies

Large investors have recently modified their holdings of the company. Royal Bank of Canada increased its position in shares of PureCycle Technologies by 62.4% during the first quarter. Royal Bank of Canada now owns 1,042,338 shares of the company's stock worth $7,213,000 after buying an additional 400,520 shares during the period. Millennium Management LLC bought a new position in PureCycle Technologies during the first quarter worth $3,770,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in PureCycle Technologies by 9.0% during 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in PureCycle Technologies by 4.5% during 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 in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in PureCycle Technologies by 4.3% during 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 in the last quarter. 63.01% of the stock is currently owned by institutional investors and hedge funds.

About PureCycle Technologies

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.