PropertyGuru (PGRU) Set to Announce Earnings on Wednesday

Posted by on May 17th, 2023

PropertyGuru (NYSE:PGRU – Get Rating) is set to release its earnings data before the market opens on Wednesday, May 24th. PropertyGuru has set its FY 2023 guidance at EPS.Parties interested in participating in the company’s conference call can do so using this link.

PropertyGuru (NYSE:PGRU – Get Rating) last posted its quarterly earnings data on Wednesday, March 1st. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $28.92 million for the quarter. PropertyGuru had a negative return on equity of 21.02% and a negative net margin of 109.32%. On average, analysts expect PropertyGuru to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PropertyGuru Price Performance

PGRU stock opened at $4.48 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.67 and a quick ratio of 3.67. The stock has a market capitalization of $728.36 million, a P/E ratio of -4.77 and a beta of 0.25. The business has a 50-day moving average of $4.67 and a 200-day moving average of $4.73. PropertyGuru has a fifty-two week low of $4.03 and a fifty-two week high of $7.77.

Hedge Funds Weigh In On PropertyGuru

Large investors have recently made changes to their positions in the company. Royal Bank of Canada bought a new position in PropertyGuru during the 1st quarter worth $42,000. Cambridge Investment Research Advisors Inc. bought a new position in PropertyGuru during the 1st quarter worth $100,000. Invesco Ltd. bought a new position in PropertyGuru during the 1st quarter worth $253,000. Finally, Jane Street Group LLC bought a new position in PropertyGuru during the 1st quarter worth $465,000. Institutional investors own 77.15% of the company’s stock.

Analysts Set New Price Targets

Separately, JMP Securities reduced their price target on PropertyGuru from $7.00 to $6.50 and set a “market outperform” rating for the company in a research report on Thursday, March 2nd.

About PropertyGuru

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PropertyGuru Limited operates online property classifieds marketplaces in Singapore, Vietnam, Malaysia, Thailand, and Indonesia. It serves agents and developers to advertise residential and commercial properties for sale or rent to property seekers. The company was incorporated in 2006 and is based in Singapore.

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