PureCycle Technologies, Inc. (PCT)

NASDAQ: PCT · IEX Real-Time Price · USD
6.18
-0.18 (-2.83%)
At close: Sep 22, 2023, 4:00 PM
6.22
+0.04 (0.65%)
After-hours: Sep 22, 2023, 7:07 PM EDT
-2.83%
Market Cap 1.01B
Revenue (ttm) n/a
Net Income (ttm) -126.73M
Shares Out 163.99M
EPS (ttm) -0.77
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,791,136
Open 6.44
Previous Close 6.36
Day's Range 6.15 - 6.46
52-Week Range 4.44 - 11.89
Beta 1.27
Analysts Strong Buy
Price Target 14.13 (+128.64%)
Earnings Date Nov 9, 2023

About PCT

PureCycle Technologies, Inc. produces recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled resin. Its recycling process separates color, odor, and other contaminants from plastic waste feedstock to transform it into virgin-like resin. PureCycle Technologies, Inc. was founded in 2015 and is headquartered in Orlando, Florida. [Read more]

Sector Industrials
Founded 2015
Employees 177
Stock Exchange NASDAQ
Ticker Symbol PCT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for PCT stock is "Strong Buy." The 12-month stock price forecast is $14.13, which is an increase of 128.64% from the latest price.

Price Target
$14.13
(128.64% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Technologies, Inc. (PCT) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of PureCycle Technologies, Inc. (“PureCycle” or the “Company”) (NASDAQ: PCT) investors concerning th...

2 days ago - Business Wire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of PureCycle Technologies, Inc. (PCT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of PureCycle Technol...

2 days ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of PureCycle Technologies, Inc. (PCT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of PureCycle Technologies, Inc. (“PureCycle” or the “Company”) (NASDAQ: PCT) on behalf of investors concerning...

8 days ago - Business Wire

PureCycle Announces Upsize and Pricing of $215.0 Million 7.25% Green Convertible Senior Notes Due 2030

ORLANDO, FL / ACCESSWIRE / August 22, 2023 / PureCycle Technologies, Inc. ("PureCycle") (NASDAQ:PCT), today, announced the upsize and pricing of its offering of $215.0 million aggregate principal amou...

4 weeks ago - Accesswire

PureCycle Announces Private Offering of $200.0 Million of Green Convertible Senior Notes

ORLANDO, FL / ACCESSWIRE / August 21, 2023 / PureCycle Technologies, Inc. (NASDAQ:PCT), today, announced its intention to offer, subject to market conditions and other factors, $200.0 million aggregat...

4 weeks ago - Accesswire

PureCycle Technologies Provides Second Quarter 2023 Update

- Achieved first two bondholder milestones - mechanical completion and PIR pellet production -Successfully tested and validated core technologies of the PureCycle purification process at scale -Closed...

6 weeks ago - Accesswire

PureCycle Technologies Schedules Second Quarter 2023 Corporate Update Conference Call for Wednesday, August 9, 2023, at 11:00 a.m. ET

ORLANDO, FL / ACCESSWIRE / July 19, 2023 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Wednesday, August 9, 2023, ...

2 months ago - Accesswire

PureCycle's Ironton Plant Produces First Pellets

IRONTON, OH / ACCESSWIRE / June 20, 2023 / PureCycle Technologies, Inc. (Nasdaq:PCT) today successfully produced the first run of Ultra-Pure Recycled (UPR) resin from post-industrial recycled material...

3 months ago - Accesswire

PureCycle Finalizes Financing Plan With AEDA

AUGUSTA, GA / ACCESSWIRE / May 31, 2023 / PureCycle Technologies, Inc. (Nasdaq:PCT), today, announced that it has received approval from the Development Authority of Augusta, GA (AEDA) to proceed to c...

4 months ago - Accesswire

PureCycle Technologies Provides First Quarter 2023 Update

-PureCycle's flagship purification facility in Ironton, Ohio, ("Ironton") is mechanically complete, pre-startup process safety management ("PSM") processes required for solvent delivery is complete, a...

4 months ago - Accesswire

PURECYCLE RECEIVES CERTIFICATION CONFIRMING MECHANICAL COMPLETION

PureCycle's first polypropylene purification facility certified by independent construction monitor  IRONTON, Ohio , May 1, 2023 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), today, anno...

5 months ago - PRNewsWire

PureCycle Technologies Schedules First Quarter 2023 Corporate Update Conference Call for Tuesday, May 9, 2023, at 4:00 p.m. ET

ORLANDO, Fla. , April 26, 2023 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Tuesday, May 9, 2023, ...

5 months ago - PRNewsWire

PURECYCLE'S FLAGSHIP POLYPROPYLENE PURIFICATION PLANT REACHES MECHANICAL COMPLETION

Ironton, Ohio Recycling Facility Will Now Begin Steps Toward Pellet Production IRONTON, Ohio , April 25, 2023 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), today, announced it has reache...

5 months ago - PRNewsWire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating PureCycle Technologies, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK , March 23, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty clai...

6 months ago - PRNewsWire

PURECYCLE, MITSUI SIGN HEADS OF AGREEMENT

Next step in bringing polypropylene recycling plant to Japan ORLANDO, Fla. , March 17, 2023 /PRNewswire/ --  PureCycle Technologies (NASDAQ: PCT) and Mitsui & Co. Ltd.

6 months ago - PRNewsWire

PURECYCLE, FORMERRA ANNOUNCE STRATEGIC DISTRIBUTION PARTNERSHIP

PureCycle resin augments Formerra's sustainable materials portfolio ORLANDO, Fla. , March 16, 2023 /PRNewswire/ -- PureCycle Technologies (NASDAQ: PCT) today announced a new partnership with Formerra ...

6 months ago - PRNewsWire

PureCycle Technologies Provides Fourth Quarter 2022 Update

-PureCycle's flagship purification facility in Ironton, Ohio, ("Ironton") is nearly mechanically complete with the final systems expected to be complete in April. -PureCycle executed a mutually agreea...

6 months ago - PRNewsWire

PureCycle Technologies Schedules Fourth Quarter 2022 Corporate Update Conference Call for Thursday, March 16, 2023, at 10:00 a.m. ET

ORLANDO, Fla. , March 10, 2023 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Thursday, March 16, 20...

7 months ago - PRNewsWire

Top 5 Materials Stocks That Could Lead To Your Biggest Gains In March - Intl Flavors & Fragrances (NYSE:IFF), Golden Minerals (AMEX:AUMN)

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: AUMNIFFMYE
7 months ago - Benzinga

PURECYCLE, PORT OF ANTWERP-BRUGES ANNOUNCE NEXTGEN DISTRICT AS LOCATION FOR PURECYCLE'S FIRST PLASTIC RECYCLING PLANT IN EUROPE

PureCycle Selected as NextGen District Concessionaire in Competitive Bid Process ORLANDO, Fla. , Jan. 17, 2023 /PRNewswire/ -- PureCycle Technologies , Inc. (NASDAQ: PCT) and the Port of Antwerp-Bruge...

8 months ago - PRNewsWire

KraussMaffei Delivers Final Extruder for PureCycle's Flagship Purification Plant Ahead of Schedule

PureCycle's Ironton, OH Facility is on Track to Start Producing Pellets Q1 2023 ORLANDO, Fla. , Dec. 19, 2022 /PRNewswire/ --  PureCycle Technologies ' (NASDAQ: PCT) Munich-based partner KraussMaffei ...

9 months ago - PRNewsWire

PureCycle Technologies Provides Third Quarter 2022 Update

-PureCycle's flagship purification facility in Ironton, Ohio, ("Ironton") targeting mechanical completion and pellet production in the first quarter of 2023. -Closed on offtake agreements representing...

11 months ago - PRNewsWire

Orlando Magic Advance Sustainability Efforts with PureCycle's PureZero™ Program

ORLANDO, Fla. , Nov. 2, 2022 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT) and the Orlando Magic are teaming up to divert thousands of pieces of plastic waste from being landfilled or flo...

11 months ago - PRNewsWire

PureCycle, League of Women Voters Partner in Nonpartisan Effort to Clean Up and Recycle Campaign Signs

Over 15,000 election signs will be collected and recycled in Volusia, Seminole, and Orange Counties diverting 10,000 pounds of plastic waste from Florida landfills and waterways ORLANDO, Fla. , Nov. 1...

11 months ago - PRNewsWire

Milliken and PureCycle advance circularity by launching new concentrate using recycled PP resin

Release of first fully sustainable, odorless concentrate for polypropylene (PP) based on a recycled resin carrier Dedicated to developing a "no-compromise" solution that promises high quality and no a...

1 year ago - PRNewsWire