2 weeks Ago By ABMN Staff
Perimeter Solutions, SA ( NYSE:PRM – Get Free Report )’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $13.67 and last traded at $13.
45, with a volume of 1120288 shares. The stock had previously closed at $13.24.
Analyst Upgrades and Downgrades Several equities research analysts have commented on PRM shares. UBS Group boosted their price objective on Perimeter Solutions from $8.75 to $11.
00 and gave the stock a “neutral” rating in a research note on Friday, August 16th. Morgan Stanley boosted their price objective on Perimeter Solutions from $14.00 to $18.
00 and gave the stock an “overweight” rating in a research note on Monday, September 16th. Get Our Latest Report on PRM Perimeter Solutions Trading Up 1.6 % Perimeter Solutions ( NYSE:PRM – Get Free Report ) last issued its earnings results on Thursday, August 1st.
The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.
11. The business had revenue of $127.28 million for the quarter, compared to analysts’ expectations of $113.
41 million. Perimeter Solutions had a positive return on equity of 2.94% and a negative net margin of 14.
12%. During the same period in the previous year, the firm posted ($0.05) EPS.
As a group, research analysts forecast that Perimeter Solutions, SA will post 0.49 earnings per share for the current fiscal year. Institutional Inflows and Outflows A number of large investors have recently added to or reduced their stakes in the business.
Principal Financial Group Inc. lifted its holdings in Perimeter Solutions by 0.5% in the first quarter.
Principal Financial Group Inc. now owns 10,573,592 shares of the company’s stock valued at $78,456,000 after acquiring an additional 54,626 shares during the last quarter. Pennant Investors LP lifted its holdings in Perimeter Solutions by 43.
8% in the fourth quarter. Pennant Investors LP now owns 2,300,000 shares of the company’s stock valued at $10,580,000 after acquiring an additional 700,000 shares during the last quarter. Senator Investment Group LP lifted its stake in Perimeter Solutions by 0.
5% during the second quarter. Senator Investment Group LP now owns 2,125,000 shares of the company’s stock worth $16,639,000 after purchasing an additional 10,700 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Perimeter Solutions by 59.
2% during the second quarter. Dimensional Fund Advisors LP now owns 1,878,518 shares of the company’s stock worth $14,708,000 after purchasing an additional 698,622 shares in the last quarter. Finally, Wellington Management Group LLP lifted its stake in Perimeter Solutions by 6.
7% during the fourth quarter. Wellington Management Group LLP now owns 1,551,489 shares of the company’s stock worth $7,137,000 after purchasing an additional 97,372 shares in the last quarter. 89.
93% of the stock is currently owned by institutional investors and hedge funds. Perimeter Solutions Company Profile ( Get Free Report ) 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. Recommended Stories Receive News & Ratings for Perimeter Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perimeter Solutions and related companies with MarketBeat.com's FREE daily email newsletter .
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