People Incorporated Common Stock (NASDAQ:PPLI – Get Free Report) posted its earnings results on Tuesday. The company reported ($9.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($8.92), Briefing.com reports. People Incorporated Common Stock had a negative net margin of 17.01% and a positive return on equity of 13.30%. The firm’s revenue was down 3.6% compared to the same quarter last year.
People Incorporated Common Stock Stock Down 0.5%
NASDAQ PPLI traded down $0.21 on Wednesday, reaching $43.58. The company had a trading volume of 128,241 shares, compared to its average volume of 1,112,319. The firm has a market capitalization of $3.02 billion, a price-to-earnings ratio of -9.90 and a beta of 1.00. The company has a debt-to-equity ratio of 0.31, a quick ratio of 4.01 and a current ratio of 4.01. People Incorporated Common Stock has a 1-year low of $31.42 and a 1-year high of $48.32. The company’s fifty day moving average is $39.12 and its 200-day moving average is $40.50.
Analysts Set New Price Targets
PPLI has been the topic of several recent analyst reports. UBS Group cut their price objective on People Incorporated Common Stock from $56.00 to $45.00 and set a “neutral” rating on the stock in a report on Thursday, November 5th. Wall Street Zen upgraded People Incorporated Common Stock from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Benchmark increased their target price on People Incorporated Common Stock from $60.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Weiss Ratings downgraded shares of People Incorporated Common Stock from a “sell (d+)” rating to a “sell (d-)” rating in a report on Wednesday, November 4th. Finally, JPMorgan Chase & Co. began coverage on shares of People Incorporated Common Stock in a report on Friday, September 11th. They set an “overweight” rating and a $54.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $53.08.
View Our Latest Stock Report on People Incorporated Common Stock
People Incorporated Common Stock Company Profile
IAC Inc., together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands.
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