Is Wall Street High Or Low On PLBY Group Inc. (PLBY)?

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MNDY Stock
MNDY Stock

PLBY Group Inc. (NASDAQ:PLBY) traded with a subtraction of -$0.09 to $4.03 on Thursday, a downside of -2.31 percent. An average of 1,093,359 shares of common stock have been traded in the last five days. There was a fall of -$0.20 in the past week, and it reached a new high 14 times over the past 12 months. The last 20 days have seen an average of 1,203,400 shares traded, while the 50-day average volume stands at 1,330,646.

PLBY stock has decreased by -8.34% in the last month. The company shares reached their 1-month lowest point of $3.90 on 09/07/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $3.90 and a high of $43.25 in 52 weeks. It has reached a new high 1 time so far this year and lost -84.53% or -$22.63 in price. In spite of this, the price is down -90.69% from the 52-week high.


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Insider Transactions

72 days have passed since PLBY Group Inc. (PLBY) last reported insider trading activity. Beuting Florus, who is CAO & Treasurer, most recently acquired $606 shares at $6.24 per share on Jul 12. In this transaction, the insider spent $3,781. CAO & Treasurer, Beuting Florus, disposed of 626 shares at a price of $7.65 on Jun 14. The insider now owns more than $4,788 worth of shares. Prior to that, CAO & Treasurer Beuting Florus went on to Sale 1,089 shares at $8.96 each on May 26. An amount of $9,752 was transacted.

Valuation Metrics

PLBY Group Inc. (PLBY) has a trailing price-to-sales (P/S) ratio at 0.68, the price-to-book (PB) ratio at 0.46.

Financial Health

The quick ratio of PLBY Group Inc. for the three months ended March 30 was 1.20, and the current ratio was 1.70, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.59 and a total debt to equity ratio of 0.60 for the quarter ending March 30. Its gross profit as reported stood at $132.43 million compared to revenue of $246.59 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, PLBY Group Inc.’s return on assets was -7.40%.

Earnings Surprise

For the three-month period that ended March 30, PLBY Group Inc. had $224.71 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$8.32 million in the quarter, while revenues of $5.54 million were shrunk -7.21%. The analyst consensus anticipated PLBY Group Inc.’s latest quarter earnings to come in at -$0.05 per share, but it turned out to be $0.12, a 340.00% surprise. For the quarter, EBITDA amounted to -$1.55 million. Shareholders own equity worth $45.63 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at PLBY Group Inc. (PLBY) price momentum. RSI 9-day as of the close on 21 September was 32.87%, suggesting the stock is Neutral, with historical volatility in this time frame at 24.05%.

As of today, PLBY’s price is $4.08 -4.75% or -$0.20 from its 5-day moving average. PLBY is currently trading -10.29% lower than its 20-day SMA and -54.64% lower than its 100-day SMA. However, the stock’s current price level is -35.22% below the SMA50 and -87.69% below the SMA200.

The stochastic %K and %D were 20.96% and 22.45%, respectively, and the average true range (ATR) was 0.28. With the 14-day stochastic at 13.38% and the average true range at 0.31, the RSI (14) stands at 34.52%. The stock has reached -0.12 on the 9-day MACD Oscillator while the 14-day reading was at -0.15.

Analyst Ratings

Stifel downgraded PLBY Group Inc. (NASDAQ: PLBY) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for PLBY Group Inc. (PLBY) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell PLBY, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.

What is PLBY’s price target for the next 12 months?

Analysts predict a range of price targets between $5.00 and $14.00, with a median target of $9.00. Taking a look at these predictions, the average price target given by analysts for PLBY Group Inc. (PLBY) stock is $9.20.

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