Should I buy or sell PureCycle Technologies stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PureCycle Technologies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PCT shares. View PCT analyst ratings or view top-rated stocks .

What is PureCycle Technologies' stock price target for 2024?

3 analysts have issued twelve-month price targets for PureCycle Technologies' stock. Their PCT share price targets range from $6.00 to $18.00. On average, they anticipate the company's share price to reach $12.17 in the next year. This suggests a possible upside of 162.8% from the stock's current price. View analysts price targets for PCT or view top-rated stocks among Wall Street analysts .

How have PCT shares performed in 2023?

PureCycle Technologies' stock was trading at $6.76 at the beginning of the year. Since then, PCT stock has decreased by 31.5% and is now trading at $4.63. View the best growth stocks for 2023 here .

When is PureCycle Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024. View our PCT earnings forecast .

How were PureCycle Technologies' earnings last quarter?

PureCycle Technologies, Inc. (NYSE:PCT) released its earnings results on Thursday, November, 9th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.16) by $0.13.

What ETFs hold PureCycle Technologies' stock?

ETFs with the largest weight of PureCycle Technologies (NYSE:PCT) stock in their portfolio include VanEck Environmental Services ETF (EVX) , Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) and Simplify Health Care ETF (PINK) . Strategy Shares Halt Climate Change ETF (NZRO) .

Who are PureCycle Technologies' major shareholders?

PureCycle Technologies' stock is owned by a variety of institutional and retail investors. Top institutional investors include Abundance Wealth Counselors (3.40%), Northern Trust Corp (0.65%), Charles Schwab Investment Management Inc. (0.61%), Schroder Investment Management Group (0.46%), American Century Companies Inc. (0.39%) and SWS Partners (0.38%). Insiders that own company stock include Brad Kalter, Daniel M Coombs, David Warner Brenner, Dustin Olson, Fernando Musa , Jeffrey Richard Fieler, John Stewart Scott, Melissa Westerman, Michael E Dee, Michael E Dee , Michael Otworth and Steven F Bouck. View institutional ownership trends .

How do I buy shares of PureCycle Technologies?

Shares of PCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

PureCycle Technologies Stock Price, News & Analysis (NYSE:PCT)

$4.63

+0.59 (+14.60%)

(As of 12/1/2023 ET)

Compare

Today's Range: $3.97
▼
$4.66
50-Day Range: $3.06
▼
$5.96
52-Week Range: $3.05
▼
$11.89

Volume: 3.29 million shs
Average Volume: 4.53 million shs
Market Capitalization: $759.60 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.17

PureCycle Technologies MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 162.8% Upside
$12.17 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.26
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$485,444 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.69) to ($0.37) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.22 out of 5 stars

Business Services Sector

128th out of 310 stocks

Plastics Materials & Resins Industry

8th out of 11 stocks

3.3

Analyst's Opinion

Consensus Rating
PureCycle Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.17, PureCycle Technologies has a forecasted upside of 162.8% from its current price of $4.63.
Amount of Analyst Coverage
PureCycle Technologies has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for PCT.

0.0

Dividend Strength

Dividend Yield
PureCycle Technologies does not currently pay a dividend.
Dividend Growth
PureCycle Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PCT.

2.4

News and Social Media Coverage

News Sentiment
PureCycle Technologies has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for PureCycle Technologies this week, compared to 1 article on an average week.
Search Interest
17 people have searched for PCT on MarketBeat in the last 30 days. This is an increase of 31% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added PureCycle Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PureCycle Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $485,444.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
11.44% of the stock of PureCycle Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
62.23% of the stock of PureCycle Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for PureCycle Technologies are expected to grow in the coming year, from ($0.69) to ($0.37) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PureCycle Technologies is -8.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of PureCycle Technologies is -8.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
PureCycle Technologies has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PureCycle Technologies Stock (NYSE:PCT)

PureCycle Technologies, Inc. produces recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled resin. Its recycling process separates color, odor, and other contaminants from plastic waste feedstock to transform it into virgin-like resin. PureCycle Technologies, Inc. was founded in 2015 and is headquartered in Orlando, Florida.

PCT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PCT Stock News Headlines

December 1, 2023 | finance.yahoo.com

PureCycle Appoints Jeff Fieler as Interim CFO

November 29, 2023 | seekingalpha.com

PureCycle Technologies: 2024 Could See Tangible Benefits

December 2, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.

November 28, 2023 | finance.yahoo.com

12 Best Recycling Stocks To Buy Now

November 27, 2023 | markets.businessinsider.com

PureCycle 24 Hour Deadline Alert

November 16, 2023 | businesswire.com

PCT FINAL DEADLINE ALERT: ROSEN, TRUSTED NATIONAL TRIAL COUNSEL, Encourages PureCycle Technologies, Inc. Investors to Secure Counsel Before Important November 28 Deadline in ...

November 16, 2023 | finance.yahoo.com

CEO & Director of PureCycle Technologies Picks Up 31% More Stock

November 9, 2023 | benzinga.com

PURECYCLE STOCK ALERT: Don't Miss the Lead Plaintiff Deadline in the PCT Class Action, Contact Robbins LLP Today

December 2, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 9, 2023 | msn.com

Oppenheimer Downgrades PureCycle Technologies (PCT)

November 9, 2023 | finance.yahoo.com

PureCycle Technologies, Inc. (NASDAQ:PCT) Q3 2023 Earnings Call Transcript

November 8, 2023 | benzinga.com

Check Out What Whales Are Doing With PCT

November 7, 2023 | finanznachrichten.de

PureCycle Technologies, Inc.: PureCycle Makes First Commercial Shipment to Milliken to Advance Sustainability

November 7, 2023 | finance.yahoo.com

PureCycle Makes First Commercial Shipment to Milliken to Advance Sustainability

November 7, 2023 | finance.yahoo.com

PureCycle Technologies Provides Third Quarter 2023 Update

November 5, 2023 | markets.businessinsider.com

ROSEN, Leading Investor Counsel, Encourages PureCycle Technologies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - PCT, PCTTW, PCTTU

November 3, 2023 | finance.yahoo.com

PureCycle Makes First Commercial Shipment to Formerra

November 2, 2023 | markets.businessinsider.com

PureCycle Investor Deadline Approaching

October 25, 2023 | barrons.com

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in PureCycle Technologies, Inc. with Losses of $100,000 to Contact the Firm

October 25, 2023 | stockhouse.com

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Shareholders of PureCycle Technologies, Inc. (PCT) of a Class Action Lawsuit and an Upcoming Deadline

October 24, 2023 | finance.yahoo.com

Enterprise Growth Engine Innventure Enters Agreement With Learn CW as It Heads Towards IPO

October 21, 2023 | barrons.com

SHAREHOLDER ALERT: Levi & Korsinsky Notifies PureCycle Technologies, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - PCT

October 19, 2023 | markets.businessinsider.com

PureCycle Ongoing Investor Deadline Alert

October 15, 2023 | markets.businessinsider.com

PureCycle Ongoing Deadline Alert

October 14, 2023 | markets.businessinsider.com

ROSEN, A TOP RANKED LAW FIRM, Encourages PureCycle Technologies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - PCT, PCTTW, PCTTU

October 12, 2023 | stockhouse.com

PureCycle Technologies, Inc. (PCT) Securities Fraud: Contact Berger Montague To Discuss Your Rights

October 10, 2023 | businesswire.com

PureCycle Technologies, Inc. (PCT) Class Action Alert: Robbins LLP Reminds Shareholders of Lead Plaintiff Deadline in PureCycle Technologies, Inc. Securities Class Action

See More Headlines

Receive PCT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for PureCycle Technologies and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 11/09/2023
Today: 12/02/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/20/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Plastics materials & resins
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NYSE:PCT
CUSIP: N/A
CIK: 1830033
Web: purecycletech.com
Phone: 877-648-3565
Fax: N/A
Employees: 177
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $12.17
High Stock Price Target: $18.00
Low Stock Price Target: $6.00
Potential Upside/Downside: +162.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.56)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-84,750,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -23.35%
Return on Assets: -11.82%

Debt

Debt-to-Equity Ratio: 1.15
Current Ratio: 4.95
Quick Ratio: 4.95

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.69 per share
Price / Book: 1.72

Miscellaneous

Outstanding Shares: 164,060,000
Free Float: 145,291,000
Market Cap: $759.60 million
Optionable: Not Optionable
Beta: 1.38

12 Stocks Corporate Insiders are Abandoning

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

Mr. Dustin Olson (Age 46)
CEO & Director
Comp: $1.1M
Mr. Lawrence C. Somma (Age 56)
Chief Financial Officer
Comp: $840.85k
Mr. Brad Stewart Kalter J.D. (Age 55)
General Counsel & Corporate Secretary
Comp: $668.68k
Mr. Charles W. Place
Director of Investor Relations
Mr. Matt Cripe
Director of Sales
Mr. Thomas Cripe
Head of Business Development
Ms. Tamsin Ettefagh
Chief Sustainability Officer
Ms. Amy Simpson
Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PCT Stock Analysis - Frequently Asked Questions

Should I buy or sell PureCycle Technologies stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PureCycle Technologies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PCT shares.
View PCT analyst ratings or view top-rated stocks.
What is PureCycle Technologies' stock price target for 2024?: 3 analysts have issued twelve-month price targets for PureCycle Technologies' stock. Their PCT share price targets range from $6.00 to $18.00. On average, they anticipate the company's share price to reach $12.17 in the next year. This suggests a possible upside of 162.8% from the stock's current price.
View analysts price targets for PCT or view top-rated stocks among Wall Street analysts.
How have PCT shares performed in 2023?: PureCycle Technologies' stock was trading at $6.76 at the beginning of the year. Since then, PCT stock has decreased by 31.5% and is now trading at $4.63.
View the best growth stocks for 2023 here.
When is PureCycle Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024.
View our PCT earnings forecast.

How were PureCycle Technologies' earnings last quarter?: PureCycle Technologies, Inc. (NYSE:PCT) released its earnings results on Thursday, November, 9th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.16) by $0.13.
What ETFs hold PureCycle Technologies' stock?: ETFs with the largest weight of PureCycle Technologies (NYSE:PCT) stock in their portfolio include VanEck Environmental Services ETF (EVX), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) and Simplify Health Care ETF (PINK).Strategy Shares Halt Climate Change ETF (NZRO).
Who are PureCycle Technologies' major shareholders?: PureCycle Technologies' stock is owned by a variety of institutional and retail investors. Top institutional investors include Abundance Wealth Counselors (3.40%), Northern Trust Corp (0.65%), Charles Schwab Investment Management Inc. (0.61%), Schroder Investment Management Group (0.46%), American Century Companies Inc. (0.39%) and SWS Partners (0.38%). Insiders that own company stock include Brad Kalter, Daniel M Coombs, David Warner Brenner, Dustin Olson, Fernando Musa, Jeffrey Richard Fieler, John Stewart Scott, Melissa Westerman, Michael E Dee, Michael E Dee, Michael Otworth and Steven F Bouck.
View institutional ownership trends.
How do I buy shares of PureCycle Technologies?: Shares of PCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:PCT) was last updated on 12/2/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

PureCycle Technologies Stock Price, News & Analysis (NYSE:PCT)

PureCycle Technologies MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About PureCycle Technologies Stock (NYSE:PCT)

PCT Stock Price History

PCT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

PCT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™