People Incorporated Common Stock (NASDAQ:PPLI – Get Free Report) had its target price dropped by equities researchers at UBS Group from $56.00 to $45.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group‘s price objective suggests a potential upside of 9.73% from the company’s previous close.
Several other research firms have also recently weighed in on PPLI. TD Cowen decreased their price target on shares of People Incorporated Common Stock from $70.00 to $60.00 and set a “buy” rating on the stock in a report on Wednesday. Zacks Research lowered People Incorporated Common Stock from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Citigroup reduced their target price on People Incorporated Common Stock from $52.00 to $47.00 and set a “buy” rating for the company in a research report on Wednesday. JPMorgan Chase & Co. assumed coverage on People Incorporated Common Stock in a research note on Friday, September 11th. They issued an “overweight” rating and a $54.00 target price on the stock. Finally, Truist Financial lowered their price target on People Incorporated Common Stock from $62.00 to $59.00 and set a “buy” rating on the stock in a report on Wednesday. Nine research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $53.08.
Check Out Our Latest Research Report on People Incorporated Common Stock
People Incorporated Common Stock Price Performance
Shares of PPLI stock traded down $0.98 during trading hours on Thursday, reaching $41.01. The stock had a trading volume of 1,641,168 shares, compared to its average volume of 1,112,855. The stock’s fifty day simple moving average is $38.84 and its 200 day simple moving average is $40.44. The firm has a market capitalization of $2.82 billion, a PE ratio of -9.32 and a beta of 1.00. People Incorporated Common Stock has a 12 month low of $31.42 and a 12 month high of $48.32. The company has a current ratio of 4.01, a quick ratio of 3.69 and a debt-to-equity ratio of 0.31.
People Incorporated Common Stock (NASDAQ:PPLI – Get Free Report) last posted its earnings results on Tuesday, November 10th. The company reported ($9.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($8.92). People Incorporated Common Stock had a positive return on equity of 13.30% and a negative net margin of 17.01%. The business’s revenue for the quarter was down 3.6% on a year-over-year basis. On average, equities research analysts predict that People Incorporated Common Stock will post 6.97 EPS for the current year.
Institutional Trading of People Incorporated Common Stock
Several institutional investors and hedge funds have recently made changes to their positions in PPLI. Parallel Advisors LLC raised its holdings in shares of People Incorporated Common Stock by 61.3% during the 1st quarter. Parallel Advisors LLC now owns 613 shares of the company’s stock valued at $25,000 after buying an additional 233 shares in the last quarter. Essential Partners LLC boosted its stake in People Incorporated Common Stock by 177.1% in the first quarter. Essential Partners LLC now owns 1,607 shares of the company’s stock worth $64,000 after buying an additional 1,027 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in People Incorporated Common Stock by 242.6% in the first quarter. EverSource Wealth Advisors LLC now owns 1,607 shares of the company’s stock worth $64,000 after buying an additional 1,138 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in People Incorporated Common Stock by 251.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,937 shares of the company’s stock worth $76,000 after buying an additional 1,386 shares in the last quarter. Finally, Syon Capital LLC bought a new position in People Incorporated Common Stock during the second quarter valued at approximately $238,000. Hedge funds and other institutional investors own 88.90% of the company’s stock.
People Incorporated Common Stock News Roundup
Here are the key news stories impacting People Incorporated Common Stock this week:
- Positive Sentiment: Citizens JMP initiated coverage with a “market outperform” rating and a $47 target, indicating potential upside from the share price cited in the report. Citizens JMP rating
- Neutral Sentiment: A report noted PPLI’s shares rose despite its deep Q3 earnings loss; the headline suggests investors did not react to the earnings shortfall with an immediate selloff, though it does not establish the reason for the move. PPLI stock rises despite Q3 loss
- Negative Sentiment: Q3 results were sharply below expectations: PPLI reported a loss of $9.15 per share versus the consensus estimate of a $0.23 loss, while revenue declined 3.6% year over year. The earnings miss and falling revenue are significant headwinds. Q3 2026 earnings call transcript
- Negative Sentiment: Citigroup, TD Cowen, Goldman Sachs, Truist, and KeyCorp each reduced their price targets. All retained bullish ratings (buy or overweight), but the repeated cuts point to tempered expectations. Citigroup rating TD Cowen rating Goldman Sachs rating Truist rating KeyCorp rating
About People Incorporated Common Stock
IAC Inc, together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands.
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