NYSE:PRM

Perimeter Solutions (PRM) Stock Forecast, Price & News

$4.61

-0.05 (-1.07%)

(As of 11:51 AM ET)

Compare

Today's Range: $4.59
▼
$4.79
50-Day Range: $4.66
▼
$6.01
52-Week Range: $4.59
▼
$11.25

Volume: 335,273 shs
Average Volume: 878,353 shs
Market Capitalization: $724.97 million

P/E Ratio: 10.48
Dividend Yield: N/A
Price Target: $12.00

Perimeter Solutions MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 160.3% Upside
$12.00 Price Target
Short Interest: Bearish
3.61% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.36
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.02) to $0.35 Per Share

Overall MarketRank^™

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

2.34 out of 5 stars

Basic Materials Sector

91st out of 169 stocks

Chemicals & Allied Products Industry

10th out of 15 stocks

3.5

Analyst's Opinion

Consensus Rating
Perimeter Solutions has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.00, Perimeter Solutions has a forecasted upside of 160.3% from its current price of $4.61.
Amount of Analyst Coverage
Perimeter Solutions has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.61% of the float of Perimeter Solutions has been sold short.
Short Interest Ratio / Days to Cover
Perimeter Solutions has a short interest ratio ("days to cover") of 5.3.
Change versus previous month
Short interest in Perimeter Solutions has recently increased by 13.49%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Perimeter Solutions does not currently pay a dividend.
Dividend Growth
Perimeter Solutions 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 PRM.

1.9

News and Social Media Coverage

News Sentiment
Perimeter Solutions has a news sentiment score of 0.36. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Perimeter Solutions this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Perimeter Solutions insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.60% of the stock of Perimeter Solutions is held by insiders.
Percentage Held by Institutions
94.04% of the stock of Perimeter Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Perimeter Solutions are expected to grow in the coming year, from ($0.02) to $0.35 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Perimeter Solutions is 10.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Perimeter Solutions is 10.48, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 91.23.
Price to Book Value per Share Ratio
Perimeter Solutions has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Perimeter Solutions (NYSE:PRM) Stock

Perimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Specialty Products. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers. The Specialty Products segment produces and sells Phosphorus Pentasulfide, which is primarily used in the preparation of lubricant additives, including a family of compounds called Zinc Dialkyldithiophosphates. The company offers its products under the PHOS-CHEK, FIRE-TROL, AUXQUIMIA, SOLBERG. and BIOGEMA brands. Perimeter Solutions, SA was founded in 1963 and is headquartered in Clayton, Missouri.

PRM Price History

30 days | 90 days | 365 days | Advanced Chart

PRM Stock News Headlines

September 29, 2023 | finance.yahoo.com

Here’s Why Perimeter Solutions, SA (PRM) Declined in Q2

September 24, 2023 | americanbankingnews.com

Perimeter Solutions (NYSE:PRM) Reaches New 12-Month Low at $5.07

September 29, 2023 | PressReach (Ad)

Uranium Prices Surge as Nuclear Energy Becomes Key

Renewed interest in uranium and rising prices have created a favorable environment for new projects.

September 14, 2023 | usatoday.com

Escaped killer Danelo Cavalcante eludes police perimeter, manhunt intensifies: Live updates

September 13, 2023 | finance.yahoo.com

Perimeter Solutions' SOLBERG 3% MIL-SPEC SFFF is First Fluorine-Free Firefighting Foam Concentrate on DoD Qualified Products List

August 29, 2023 | markets.businessinsider.com

Introducing PermaEdge: Englert's Pre-Manufactured Perimeter System

August 21, 2023 | techrepublic.com

Perimeter 81 Review (2023): Features, Pricing and Alternatives

August 20, 2023 | finance.yahoo.com

Perimeter Solutions SA (6OL.MU)

September 29, 2023 | PressReach (Ad)

Uranium Prices Surge as Nuclear Energy Becomes Key

Renewed interest in uranium and rising prices have created a favorable environment for new projects.

August 11, 2023 | finance.yahoo.com

Perimeter Solutions, SA (NYSE:PRM) Q2 2023 Earnings Call Transcript

August 10, 2023 | msn.com

Check Point buys Perimeter 81 for $490M to enhance its security tools for hybrid and remote workers

August 10, 2023 | seekingalpha.com

Perimeter Solutions, SA 2023 Q2 - Results - Earnings Call Presentation

August 8, 2023 | finance.yahoo.com

Here’s Why Perimeter Solutions SA (PRM) Declined in Q2

August 5, 2023 | finance.yahoo.com

Need To Know: The Consensus Just Cut Its Perimeter Solutions, SA (NYSE:PRM) Estimates For 2023

August 3, 2023 | benzinga.com

Earnings Outlook For Perimeter Solutions

August 3, 2023 | finance.yahoo.com

Perimeter Solutions Reports Second Quarter 2023 Financial Results

July 24, 2023 | finanznachrichten.de

Perimeter Solutions: Perimeter Announces Date for Second Quarter 2023 Earnings Call

July 24, 2023 | finance.yahoo.com

Perimeter Announces Date for Second Quarter 2023 Earnings Call

July 11, 2023 | finance.yahoo.com

Perimeter Solutions Addresses Foam Knowledge Gap with "Know Your Foam" Training Sessions

June 29, 2023 | finance.yahoo.com

Perimeter Solutions Hosts Public Lands Commissioner Hilary Franz at Pasco, WA Manufacturing Site

June 7, 2023 | finance.yahoo.com

Perimeter Solutions (NYSE:PRM) shareholders are up 12% this past week, but still in the red over the last year

May 14, 2023 | seekingalpha.com

Perimeter Solutions, SA (PRM) Q1 2023 Earnings Call Transcript

May 10, 2023 | finance.yahoo.com

Perimeter Solutions, SA (PRM) Reports Q1 Loss, Tops Revenue Estimates

May 10, 2023 | finance.yahoo.com

Perimeter Solutions Reports First Quarter 2023 Financial Results

April 28, 2023 | finance.yahoo.com

Perimeter Announces Date for First Quarter 2023 Earnings Call

April 25, 2023 | finance.yahoo.com

Perimeter Solutions Adds Shur-Sales as Marketing Partner to Represent Company in Western US

April 21, 2023 | benzinga.com

Perimeter Solutions Stock (NYSE:PRM), Dividends

See More Headlines

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PRM Company Calendar

Last Earnings: 8/03/2023
Today: 9/29/2023
Next Earnings (Estimated): 11/03/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Chemicals & allied products
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:PRM
CUSIP: N/A
CIK: 1880319
Web: www.perimeter-solutions.com
Phone: 314-396-7343
Fax: N/A
Employees: 226
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $12.00
High Stock Price Forecast: $12.00
Low Stock Price Forecast: $12.00
Forecasted Upside/Downside: +157.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.44
Trailing P/E Ratio: 10.59
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $91.76 million
Net Margins: 24.80%
Pretax Margin: 34.69%
Return on Equity: -5.18%
Return on Assets: -2.47%

Debt

Debt-to-Equity Ratio: 0.57
Current Ratio: 3.94
Quick Ratio: 1.49

Sales & Book Value

Annual Sales: $360.51 million
Price / Sales: 2.03
Cash Flow: $0.76 per share
Price / Cash Flow: 6.11
Book Value: $7.24 per share
Price / Book: 0.64

Miscellaneous

Outstanding Shares: 157,260,000
Free Float: 150,027,000
Market Cap: $732.83 million
Optionable: Not Optionable
Beta: 1.37

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Key Executives

Mr. Haitham R. Khouri (Age 42)
CEO & Director

Mr. Charles Kropp (Age 50)
CFO & Principal Accounting Officer
Comp: $663.44k

Ms. Noriko Yokozuka (Age 46)
Gen. Counsel, Corp. Sec. & Compliance Officer
Comp: $573.14k

Mr. Kyle Sable
VP of Strategy & Corp. Devel.

Mr. Stephen Cornwall (Age 58)
Pres of Specialty Products

Mr. Jeffrey Emery (Age 48)
Pres of Global Fire Safety

Ms. Melissa Kim
VP of R&D

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PRM Stock - Frequently Asked Questions

Should I buy or sell Perimeter Solutions stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Perimeter Solutions in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PRM shares.
View PRM analyst ratings or view top-rated stocks.
What is Perimeter Solutions' stock price forecast for 2023?: 1 analysts have issued 12 month price objectives for Perimeter Solutions' stock. Their PRM share price forecasts range from $12.00 to $12.00. On average, they predict the company's stock price to reach $12.00 in the next year. This suggests a possible upside of 157.5% from the stock's current price.
View analysts price targets for PRM or view top-rated stocks among Wall Street analysts.
How have PRM shares performed in 2023?: Perimeter Solutions' stock was trading at $9.14 on January 1st, 2023. Since then, PRM stock has decreased by 49.0% and is now trading at $4.66.
View the best growth stocks for 2023 here.
Are investors shorting Perimeter Solutions?: Perimeter Solutions saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 4,670,000 shares, a decline of 33.0% from the August 15th total of 6,970,000 shares. Based on an average daily trading volume, of 1,090,000 shares, the short-interest ratio is presently 4.3 days. Approximately 3.2% of the shares of the company are short sold.
View Perimeter Solutions' Short Interest.
When is Perimeter Solutions' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our PRM earnings forecast.
How were Perimeter Solutions' earnings last quarter?: Perimeter Solutions, SA (NYSE:PRM) announced its quarterly earnings results on Thursday, August, 3rd. The company reported ($0.05) EPS for the quarter, meeting the consensus estimate of ($0.05). The company had revenue of $76.14 million for the quarter, compared to analysts' expectations of $94.20 million. Perimeter Solutions had a negative trailing twelve-month return on equity of 5.18% and a net margin of 24.80%.

What ETFs hold Perimeter Solutions' stock?: ETFs with the largest weight of Perimeter Solutions (NYSE:PRM) stock in their portfolio include Procure Disaster Recovery Strategy ETF (FIXT), Procure Disaster Recovery Strategy ETF (FEMA) and MFAM Small-Cap Growth ETF (MFMS).Motley Fool Small-Cap Growth ETF (TMFS).
What is Perimeter Solutions' stock symbol?: Perimeter Solutions trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRM."
How do I buy shares of Perimeter Solutions?: Shares of PRM 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.
What is Perimeter Solutions' stock price today?: One share of PRM stock can currently be purchased for approximately $4.66.
How much money does Perimeter Solutions make?: Perimeter Solutions (NYSE:PRM) has a market capitalization of $732.83 million and generates $360.51 million in revenue each year. The company earns $91.76 million in net income (profit) each year or $0.44 on an earnings per share basis.
How many employees does Perimeter Solutions have?: The company employs 226 workers across the globe.
How can I contact Perimeter Solutions?: Perimeter Solutions' mailing address is 8000 Maryland Avenue Suite 350, Clayton MO, 63105. The official website for the company is www.perimeter-solutions.com. The company can be reached via phone at 314-396-7343 or via email at ir@perimeter-solutions.com.

This page (NYSE:PRM) was last updated on 9/29/2023 by MarketBeat.com Staff

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