Perimeter Solutions (PRM) Stock Price, News & Analysis

Company Overview

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, and SOLBERG brands. Perimeter Solutions, SA was founded in 1963 and is headquartered in Clayton, Missouri.

Key Stats

• Today's Range: $11.98 to $12.60
• 50-Day Range: $11.11 to $14.08
• 52-Week Range: $3.84 to $14.44
• Volume: 1.59 million shs
• Average Volume: 812,930 shs
• Market Capitalization: $1.78 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $14.50
• Consensus Rating: Moderate Buy

Perimeter Solutions Stock Analysis - MarketRank™

Perimeter Solutions scored higher than 40% of companies evaluated by MarketBeat, and ranked 155th out of 190 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Perimeter Solutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Perimeter Solutions has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: -33.33%

Earnings Growth

Earnings for Perimeter Solutions are expected to decrease by -33.33% in the coming year, from $0.60 to $0.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Perimeter Solutions is -10.76, 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 Perimeter Solutions is -10.76, 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

Perimeter Solutions has a P/B Ratio of 1.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.59% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Perimeter Solutions has recently decreased by 4.41%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Perimeter Solutions does not currently pay a dividend.

Dividend Growth

Perimeter Solutions does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.59% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Perimeter Solutions has recently decreased by 4.41%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.50

News Sentiment

Perimeter Solutions has a news sentiment score of 0.50. 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 13 news articles for Perimeter Solutions this week, compared to 2 articles on an average week.

Search Interest

14 people have searched for PRM on MarketBeat in the last 30 days. This is an increase of 56% compared to the previous 30 days.

MarketBeat Follows

5 people have added Perimeter Solutions to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Perimeter Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,938,697.00 in company stock.

Percentage Held by Insiders

Only 8.70% of the stock of Perimeter Solutions is held by insiders.

Percentage Held by Institutions

89.93% of the stock of Perimeter Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PRM Stock Analysis - Frequently Asked Questions

How have PRM shares performed this year?

Perimeter Solutions' stock was trading at $4.60 at the beginning of 2024. Since then, PRM stock has increased by 164.3% and is now trading at $12.16.
View the best growth stocks for 2024 here.

How were Perimeter Solutions' earnings last quarter?

Perimeter Solutions, SA (NYSE:PRM) posted its quarterly earnings data on Tuesday, November, 12th. The company reported ($0.61) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.61 by $1.22. The business had revenue of $288.42 million for the quarter, compared to analyst estimates of $265.30 million. Perimeter Solutions had a negative net margin of 30.57% and a negative trailing twelve-month return on equity of 10.08%.

Who are Perimeter Solutions' major shareholders?

Top institutional shareholders of Perimeter Solutions include Principal Financial Group Inc. (7.25%), Matrix Capital Management Company LP (4.60%), Brown Brothers Harriman & Co. (2.55%) and State Street Corp (2.24%). Insiders that own company stock include Windacre Partnership Master Fu, Khouri Haitham and Haitham Khouri.
View institutional ownership trends.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Perimeter Solutions own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Perimeter Solutions investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), Palo Alto Networks (PANW) and Broadcom (AVGO).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/16/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Chemicals & allied products
• Sub-Industry: Chemicals
• Current Symbol: NYSE:PRM
• CUSIP: N/A
• CIK: 1880319
• Web: www.perimeter-solutions.com
• Phone: 314-396-7343
• Fax: N/A
• Employees: 240
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $14.50
• High Stock Price Target: $18.00
• Low Stock Price Target: $11.00
• Potential Upside/Downside: +19.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.13)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 20.27
• P/E Growth: N/A
• Net Income: $67.49 million
• Net Margins: -30.57%
• Pretax Margin: -21.36%
• Return on Equity: -10.08%
• Return on Assets: -4.60%

Debt

• Debt-to-Equity Ratio: 0.67
• Current Ratio: 3.91
• Quick Ratio: 1.87

Sales & Book Value

• Annual Sales: $388.43 million
• Price / Sales: 4.58
• Cash Flow: $0.56 per share
• Price / Cash Flow: 21.82
• Book Value: $6.84 per share
• Price / Book: 1.78

Miscellaneous

• Outstanding Shares: 146,228,000
• Free Float: 132,587,000
• Market Cap: $1.78 billion
• Optionable: Not Optionable
• Beta: 2.02