FY2026 Earnings Estimate for PCT Issued By Cantor Fitzgerald

PureCycle Technologies, Inc. (NASDAQ:PCT) – Analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for PureCycle Technologies in a research note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst A. Sheppard forecasts that the company will post earnings per share of ($1.04) for the year. The consensus estimate for PureCycle Technologies’ current full-year earnings is ($1.01) per share.

Separately, TD Cowen decreased their target price on PureCycle Technologies from $15.00 to $13.00 and set a “buy” rating for the company in a research report on Thursday, May 8th.

PureCycle Technologies Stock Performance

Shares of NASDAQ:PCT opened at $11.67 on Wednesday. The stock has a market capitalization of $2.10 billion, a P/E ratio of -7.78 and a beta of 1.80. PureCycle Technologies has a 1-year low of $4.50 and a 1-year high of $15.58. The company has a current ratio of 1.74, a quick ratio of 1.63 and a debt-to-equity ratio of 1.36. The business has a 50-day moving average price of $7.94 and a two-hundred day moving average price of $9.10.

PureCycle Technologies (NASDAQ:PCT) last announced its quarterly earnings data on Wednesday, May 7th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.02). The business had revenue of $1.58 million during the quarter, compared to analysts’ expectations of $4.27 million.

Hedge Funds Weigh In On PureCycle Technologies

Institutional investors and hedge funds have recently modified their holdings of the business. Jones Financial Companies Lllp grew its position in shares of PureCycle Technologies by 286.0% in the 4th quarter. Jones Financial Companies Lllp now owns 3,092 shares of the company’s stock valued at $32,000 after purchasing an additional 2,291 shares during the period. Sterling Capital Management LLC grew its position in shares of PureCycle Technologies by 775.3% in the 4th quarter. Sterling Capital Management LLC now owns 3,230 shares of the company’s stock valued at $33,000 after purchasing an additional 2,861 shares during the period. US Bancorp DE grew its position in shares of PureCycle Technologies by 141.5% in the 4th quarter. US Bancorp DE now owns 3,446 shares of the company’s stock valued at $35,000 after purchasing an additional 2,019 shares during the period. NBC Securities Inc. acquired a new position in shares of PureCycle Technologies in the 1st quarter valued at approximately $25,000. Finally, CWM LLC grew its position in shares of PureCycle Technologies by 158.7% in the 1st quarter. CWM LLC now owns 4,960 shares of the company’s stock valued at $34,000 after purchasing an additional 3,043 shares during the period. 63.01% of the stock is currently owned by institutional investors and hedge funds.

PureCycle Technologies Company Profile

PureCycle Technologies, Inc engages in the production of recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled polypropylene resin that has multiple applications, including packaging and labeling for consumer products, piping, ropes, cabling, and plastic parts for various industries.