Pure Cycle (PCYO) to Release Earnings on Wednesday

Pure Cycle (NASDAQ:PCYO – Get Rating) will be posting its quarterly earnings results after the market closes on Wednesday, April 12th. Investors that are interested in registering for the company’s conference call can do so using this link.

Pure Cycle (NASDAQ:PCYO – Get Rating) last issued its quarterly earnings data on Monday, January 9th. The utilities provider reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $1.34 million during the quarter. Pure Cycle had a return on equity of 7.51% and a net margin of 41.17%.

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Pure Cycle Price Performance

Shares of NASDAQ PCYO opened at $9.31 on Monday. The firm has a market cap of $223.35 million, a P/E ratio of 27.38 and a beta of 0.93. The business’s 50 day moving average is $9.06 and its 200-day moving average is $9.28. The company has a current ratio of 3.51, a quick ratio of 3.51 and a debt-to-equity ratio of 0.03. Pure Cycle has a 1-year low of $7.77 and a 1-year high of $12.27.

Institutional Trading of Pure Cycle

Institutional investors have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. boosted its position in shares of Pure Cycle by 3.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 52,944 shares of the utilities provider’s stock worth $555,000 after acquiring an additional 1,631 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Pure Cycle by 9.0% in the 2nd quarter. Rhumbline Advisers now owns 22,752 shares of the utilities provider’s stock valued at $240,000 after purchasing an additional 1,884 shares in the last quarter. BNP Paribas Arbitrage SNC increased its stake in shares of Pure Cycle by 35.4% in the 3rd quarter. BNP Paribas Arbitrage SNC now owns 7,602 shares of the utilities provider’s stock valued at $63,000 after purchasing an additional 1,987 shares during the last quarter. FMR LLC raised its holdings in shares of Pure Cycle by 218.4% during the 2nd quarter. FMR LLC now owns 3,697 shares of the utilities provider’s stock worth $39,000 after buying an additional 2,536 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its holdings in shares of Pure Cycle by 99.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,615 shares of the utilities provider’s stock worth $59,000 after buying an additional 2,798 shares in the last quarter. 56.45% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Pure Cycle from a “sell” rating to a “hold” rating in a report on Tuesday, March 14th.

About Pure Cycle

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Pure Cycle Corp. engages in the development of diversified land and water resource. It operates through the Water and Wastewater Resource Development and Land Resource Development segments. The Water and Wastewater Resource Development segment offers water and wastewater services to customers for fees.

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