Pure Cycle Corporation

Company Profile

Pure Cycle Corporation had its IPO on 1997-01-02 under the ticker symbol PCYO.

The company operates in the Utilities sector and Utilities-Regulated Water industry. Pure Cycle Corporation has a staff strength of 35 employees.

Stock update

Shares of Pure Cycle Corporation opened at $9.35 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $9.16 - $9.36, and closed at $9.34.

This is a +0.21% increase from the previous day's closing price.

A total volume of 64,138 shares were traded at the close of the day’s session.

In the last one week, shares of Pure Cycle Corporation have increased by +3.09%.

Pure Cycle Corporation's Key Ratios

Pure Cycle Corporation has a market cap of $225.98 million, indicating a price to book ratio of 2.2289 and a price to sales ratio of 10.8968.

In the last 12-months Pure Cycle Corporation’s revenue was $20.07 million with a gross profit of $18.11 million and an EBITDA of $9.31 million. The EBITDA ratio measures Pure Cycle Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Pure Cycle Corporation’s operating margin was 35.51% while its return on assets stood at 3.65% with a return of equity of 7.6%.

In Q3.6666666666667, Pure Cycle Corporation’s quarterly earnings growth was a negative -89% while revenue growth was a negative 68.6%.

Pure Cycle Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

26.6286

PEG

0

Its diluted EPS in the last 12-months stands at $0.35 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Pure Cycle Corporation’s profitability.

Pure Cycle Corporation stock is trading at a EV to sales ratio of 9.6102 and a EV to EBITDA ratio of 14.8166. Its price to sales ratio in the trailing 12-months stood at 10.8968.

Pure Cycle Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$128.04 million

Total Liabilities

$9.56 million

Operating Cash Flow

$-17179000.00

Capital Expenditure

$76000

Dividend Payout Ratio

0%

Pure Cycle Corporation ended 2023 with $128.04 million in total assets and $0 in total liabilities. Its intangible assets were valued at $128.04 million while shareholder equity stood at $113.25 million.

Pure Cycle Corporation ended 2023 with $1.24 million in deferred long-term liabilities, $9.56 million in other current liabilities, 80000.00 in common stock, $-61075000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $16.84 million and cash and short-term investments were $31.96 million. The company’s total short-term debt was $10,000 while long-term debt stood at $3.95 million.

Pure Cycle Corporation’s total current assets stands at $33.51 million while long-term investments were $19.73 million and short-term investments were $15.11 million. Its net receivables were $1.24 million compared to accounts payable of $1.04 million and inventory worth $0.

In 2023, Pure Cycle Corporation's operating cash flow was $-17179000.00 while its capital expenditure stood at $76000.

Comparatively, Pure Cycle Corporation paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$9.34

52-Week High

$12.29

52-Week Low

$7.77

Analyst Target Price

$6.55

Pure Cycle Corporation stock is currently trading at $9.34 per share. It touched a 52-week high of $12.29 and a 52-week low of $12.29. Analysts tracking the stock have a 12-month average target price of $6.55.

Its 50-day moving average was $9.04 and 200-day moving average was $9.65 The short ratio stood at 3.27 indicating a short percent outstanding of 0%.

Around 340% of the company’s stock are held by insiders while 5949.7% are held by institutions.