Palantir Technologies has moved -3.4% so far today on a volume of 24,331,939, compared to its average of 34,445,833. In contrast, the S&P 500 index moved -1.7%. Over the last 52 weeks, the stock moved -65.7%, with a high of $19.25 and a low of $6.04. During this time, the stock lagged the S&P 500 index by -47.7%. Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The large-cap Technology company has 3,712 full time employees and is based in Denver, CO. Palantir Technologies has not offered any dividends in the last year.
Snapshot of the Company's Financials:
|Gross Margins Growth||n/a||-6.73%||0.56%||15.13%|
|Operating Margins Growth||n/a||25.86%||-38.36%||75.18%|
|Earnings Per Share||$-1.17||$-1.02||$-1.2||$-0.27|
|Free Cash Flow (MM)||$-52||$-178||$-309||$321|
|Net Debt / EBITDA||1.86||1.24||1.55||4.79|
Basic Valuation Metrics Show Palantir technologies Is Overvalued:
Compared to the Technology sector's average of 26.5, Palantir Technologies has a trailing twelve month price to earnings (P/E) ratio of -24.9 and, based on its Eps guidance of 0.16, an expected P/E ratio of 39.3. The firm's price to earnings growth (PEG) is 5.93, which indicates that it is overvalued in terms of its expected rate of earnings growth. . Palantir Technologies's price to book (P/B) ratio is 5.5 compared to its sector average of 5.57.
There is Mixed market sentiment About Palantir Technologies:
13 analysts are following Palantir Technologies and have set target prices ranging from $4.5 to $15 per share. On average, they have given the company a rating of hold. At today's prices, PLTR is trading -31.12% away from its average analyst target price of $9.12 per share, implying an analyst consensus of strong upside potential for the stock. The company has an average amount of shares sold short since 7.0% of the company's shares are tied to short positions. Institutions own 35.0% of Palantir Technologies's shares, while the insider ownership rate stands at 11.33%. The biggest shareholder is the Vanguard Group, Inc. with a 7.96% stake in the company worth approximately $989,465,801.