People Incorporated Common Stock (NASDAQ:PPLI) Releases Earnings Results, Misses Expectations By $8.92 EPS

People Incorporated Common Stock (NASDAQ:PPLI) announced its quarterly earnings data on Tuesday. The company reported ($9.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($8.92), Briefing.com reports. People Incorporated Common Stock had a negative net margin of 17.01% and a positive return on equity of 13.30%. The business’s revenue for the quarter was down 3.6% compared to the same quarter last year.

People Incorporated Common Stock Stock Performance

NASDAQ PPLI traded down $0.06 on Tuesday, hitting $43.32. The stock had a trading volume of 155,561 shares, compared to its average volume of 1,110,122. The company’s 50-day moving average is $39.01 and its two-hundred day moving average is $40.48. People Incorporated Common Stock has a one year low of $31.42 and a one year high of $48.32. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of -9.85 and a beta of 1.00. The company has a quick ratio of 3.69, a current ratio of 4.01 and a debt-to-equity ratio of 0.31.

Wall Street Analysts Forecast Growth

PPLI has been the topic of a number of recent research reports. Citigroup cut their target price on shares of People Incorporated Common Stock from $52.00 to $47.00 and set a “buy” rating on the stock in a report on Wednesday, November 4th. TD Cowen lowered their target price on People Incorporated Common Stock from $70.00 to $60.00 and set a “buy” rating for the company in a report on Wednesday, November 4th. Benchmark increased their price target on People Incorporated Common Stock from $60.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Zacks Research raised People Incorporated Common Stock from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 4th. Finally, Weiss Ratings downgraded People Incorporated Common Stock from a “sell (d+)” rating to a “sell (d-)” rating in a report on Wednesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $53.08.

People Incorporated Common Stock Company Profile

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.