Purecycle Stock Buy Hold or Sell Recommendation

PCT
 Stock
  

USD 6.35  0.10  1.60%   

Considering the 90-day investment horizon and your slightly conservative level of risk, our recommendation regarding Purecycle Technologies is 'Strong Sell'. Macroaxis provides Purecycle Technologies buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PCT positions. The advice algorithm takes into account all of Purecycle Technologies' available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Purecycle Technologies' buy-and-hold perspective. Please check Purecycle Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Purecycle and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Purecycle Technologies.

Execute Purecycle Technologies Buy or Sell Advice

The Purecycle recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Purecycle Technologies. Macroaxis does not own or have any residual interests in Purecycle Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Purecycle Technologies' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Purecycle TechnologiesBuy Purecycle Technologies
Strong Sell

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Purecycle Technologies has a Mean Deviation of 3.4, Standard Deviation of 4.39 and Variance of 19.24
We provide trade recommendations to complement the recent expert consensus on Purecycle Technologies. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Purecycle Technologies is not overpriced, please check all Purecycle Technologies fundamentals, including its ebitda, debt to equity, as well as the relationship between the Debt to Equity and earnings per share . Given that Purecycle Technologies has a shares owned by institutions of 60.55 %, we recommend you to check out Purecycle Technologies market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Purecycle Technologies Trading Alerts and Improvement Suggestions

Purecycle Technologies generated a negative expected return over the last 90 days
Purecycle Technologies has high historical volatility and very poor performance
Purecycle Technologies has high likelihood to experience some financial distress in the next 2 years
Reported Net Loss for the year was (80.81 M).
Purecycle Technologies has about 349.83 M in cash with (54.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.14.
Roughly 61.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Cowen Adjusts PureCycle Technologies Price Target to 11 From 15, Maintains Outperform Rating - Marketscreener.com

Purecycle Technologies current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Purecycle analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Purecycle analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price18.29
Target Median Price17.00
Target High Price30.00
Recommendation Mean1.60
Number Of Analyst Opinions7
Target Low Price14.00
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Purecycle Technologies Returns Distribution Density

The distribution of Purecycle Technologies' historical returns is an attempt to chart the uncertainty of Purecycle Technologies' future price movements. The chart of the probability distribution of Purecycle Technologies stock daily returns describes the distribution of returns around its average expected value. We use Purecycle Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Purecycle Technologies returns is essential to provide solid investment advice for Purecycle Technologies.
Mean Return-0.44Value At Risk-8.14
Potential Upside7.22Standard Deviation4.39
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Purecycle Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Purecycle Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Purecycle Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Purecycle Technologies backward and forwards among themselves. Purecycle Technologies' institutional investor refers to the entity that pools money to purchase Purecycle Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares12.8 K95 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares12.8 K102 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares12.8 K123 K
Zazove Associates LlcWarrants154.3 K532 K
Yong Rong Hk Asset Management LtdCommon Shares77 KM
Yong Rong Hk Asset Management LtdCommon Shares77 K1.8 M
Yong Rong Hk Asset Management LtdCommon Shares77 KM
Worth Asset Management LlcCommon Shares710K
Wolverine Trading LlcPut Options16.5 K114 K
Note, although Purecycle Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Purecycle Technologies Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Purecycle Technologies or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Purecycle Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Purecycle stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.55
β
Beta against DOW1.32
σ
Overall volatility
4.50
Ir
Information ratio -0.12

Purecycle Technologies Volatility Alert

Purecycle Technologies exhibits very low volatility with skewness of -0.02 and kurtosis of -0.43. However, we advise investors to further study Purecycle Technologies technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Purecycle Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Purecycle Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Purecycle Technologies Fundamentals Vs Peers

Comparing Purecycle Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Purecycle Technologies' direct or indirect competition across all of the common fundamentals between Purecycle Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Purecycle Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Purecycle Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Purecycle Technologies by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Purecycle Technologies to competition
FundamentalsPurecycle TechnologiesPeer Average
Return On Equity(18.41) %(0.31) %
Return On Asset(6.76) %(0.14) %
Current Valuation1.25 B16.62 B
Shares Outstanding125.03 M571.82 M
Shares Owned by Insiders33.33 %10.09 %
Shares Owned by Institutions60.55 %39.21 %
Number of Shares Shorted18.85 M4.71 M
Price to Book2.47 X9.51 X
EBITDA(81.98 M)3.9 B
Net Income(80.81 M)570.98 M
Cash and Equivalents349.83 M2.7 B
Cash per Share2.14 X5.01 X
Total Debt245.64 M5.32 B
Debt to Equity0.45 %48.70 %
Current Ratio12.85 X2.16 X
Book Value Per Share2.79 X1.93 K
Cash Flow from Operations(54.88 M)971.22 M
Short Ratio14.22 X4.00 X
Earnings Per Share(1.80) X3.12 X
Number of Employees11918.84 K
Beta0.96-0.15
Market Capitalization862.67 M19.03 B
Z Score1.88.72
   Payment of 1174 shares by Olson Dustin of Purecycle Technologies subject to Rule 16b-3 [view details]

About Purecycle Technologies Buy or Sell Advice

When is the right time to buy or sell Purecycle Technologies? Buying financial instruments such as Purecycle Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Purecycle Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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IT
IT Theme
Information Technology (IT) companies and IT service providers across different domains. The IT theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize IT Theme or any other thematic opportunities.
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Please check Purecycle Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Purecycle Technologies information on this page should be used as a complementary analysis to other Purecycle Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Purecycle Technologies price analysis, check to measure Purecycle Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Purecycle Technologies is operating at the current time. Most of Purecycle Technologies' value examination focuses on studying past and present price action to predict the probability of Purecycle Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Purecycle Technologies' price. Additionally, you may evaluate how the addition of Purecycle Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Purecycle Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Purecycle Technologies. If investors know Purecycle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Purecycle Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
B
Return On Assets
(0.06) 
Return On Equity
(0.22) 
The market value of Purecycle Technologies is measured differently than its book value, which is the value of Purecycle that is recorded on the company's balance sheet. Investors also form their own opinion of Purecycle Technologies' value that differs from its market value or its book value, called intrinsic value, which is Purecycle Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Purecycle Technologies' market value can be influenced by many factors that don't directly affect Purecycle Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Purecycle Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Purecycle Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purecycle Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.