Positive. Perimeter Solutions, SA (PRM) saw a 10% rally in shares with analyst upgrade to "Buy".

From Nasdaq: 2025-03-27 03:28:00

Perimeter Solutions, SA (PRM) saw a 10% rally in shares, closing at $10.02, attributed to higher trading volume. UBS analysts upgraded PRM to “Buy” from “Neutral” with a $14 price target. PRM is expected to post a quarterly loss of $0.09 per share, a 52.6% year-over-year change, with revenues of $63.38 million.

Earnings and revenue growth estimates for PRM show potential strength in the stock. Consensus EPS estimate for the quarter has remained unchanged, indicating stability. PRM currently holds a Zacks Rank #3 (Hold) in the Chemical – Specialty industry. Another industry stock, PPG Industries (PPG), closed 0.2% higher at $111.93.

PPG Industries’ consensus EPS estimate for the upcoming report decreased by -0.2% to $1.62 over the past month, showing a -12.9% change from the previous year. PPG Industries currently holds a Zacks Rank #4 (Sell). Zacks Investment Research offers 30-day access to all stock picks for just $1, providing insight into their portfolio services and successful stock picks in 2024.

For more in-depth analysis and stock reports, you can access a free stock analysis report for Perimeter Solutions, SA (PRM) and PPG Industries, Inc. (PPG) on Zacks Investment Research’s website. This article was originally published on Zacks Investment Research (zacks.com), offering valuable insights into stock performance and trends in the market.



Read more at Nasdaq: Perimeter Solutions, SA (PRM) Surges 10.0%: Is This an Indication of Further Gains?