EPS (Earnings Per Share) (ttm): -0.12
Insider Ownership: 0.60%
Shares Outstanding: 2.11 billion
Market Cap: $39.62 billion
Forward P/E: 74.29
EPS next year: $0.24
Insider Transaction: -35.22%
Shares Float: 1.75 billion
Performance Week: 2.19%
Performance Month: 20.29%
Performance Quarter: 146.61%
Performance Half Year: 102.45%
Performance Year-to-Date (YTD): 183.49%
Performance Year: 62.50%
Target Price: $12.54 SMA20: 5.29% SMA50: 15.07% SMA200: 84.03%
Looking at the historical price data, the stock has experienced significant volatility over time, with sharp fluctuations in both directions. The 52-week low for PLTR was $5.84, and the 52-week high was $20.24. As of the current date, the stock's price is $18.20.
Considering the recent performance, the stock has had an impressive year-to-date return of 183.49%. However, it's essential to note that past performance is not indicative of future results, and PLTR's price history suggests that it can be subject to wide swings.
As for the financial data, PLTR has a negative P/E ratio due to its negative earnings per share (EPS). The stock's EPS for the trailing twelve months is -0.12. The forward P/E ratio is quite high at 74.29, which indicates higher expectations for future earnings.
Given the volatility and high valuation, it's crucial to exercise caution when entering a position in PLTR. Limit orders can be helpful in managing the risk and achieving the desired entry and exit points.
For a conservative entry point, you may consider setting a limit order around the stock's current price, say $18.00. This allows you to enter the position at a slightly discounted price in case of a short-term pullback.
For an exit point, given the stock's historical volatility, it's wise to set a conservative target price. Considering the current price and historical performance, you might set a limit order to sell at around $20.00, which would lock in a profit and potentially avoid potential price retracements.
However, it's essential to conduct further research and consider your risk tolerance, investment goals, and market sentiment before placing any trades. The stock market is inherently unpredictable, and there can be unforeseen events that affect the stock's price in the short term. Always consider consulting with a financial advisor or conducting thorough due diligence before making any investment decisions.
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