Jefferies Financial Group Reiterates Hold Rating for PLBY Group (NASDAQ:PLBY)

PLBY Group (NASDAQ:PLBY)‘s stock had its “hold” rating reissued by equities research analysts at Jefferies Financial Group in a report released on Friday, Benzinga reports. They currently have a $0.70 price target on the stock, down from their prior price target of $1.50. Jefferies Financial Group’s price target suggests a potential upside of 15.19% from the company’s previous close.

Separately, Chardan Capital restated a “buy” rating and set a $4.00 target price on shares of PLBY Group in a research report on Wednesday, May 8th.

PLBY Group Stock Performance

NASDAQ PLBY traded down $0.18 on Friday, hitting $0.61. 1,912,320 shares of the stock were exchanged, compared to its average volume of 482,125. The business’s fifty day moving average is $0.82 and its 200 day moving average is $0.94. PLBY Group has a 52 week low of $0.43 and a 52 week high of $1.65. The company has a market capitalization of $44.25 million, a PE ratio of -0.27 and a beta of 2.40. The company has a debt-to-equity ratio of 6.53, a current ratio of 1.19 and a quick ratio of 1.00.

PLBY Group (NASDAQ:PLBY) last posted its quarterly earnings results on Thursday, May 9th. The company reported ($0.23) EPS for the quarter. The business had revenue of $28.32 million for the quarter. PLBY Group had a negative return on equity of 135.78% and a negative net margin of 124.32%. During the same period in the prior year, the firm earned ($0.52) EPS.

Insider Activity

In related news, CFO Marc Crossman sold 56,235 shares of the company’s stock in a transaction dated Tuesday, May 28th. The shares were sold at an average price of $0.87, for a total transaction of $48,924.45. Following the completion of the sale, the chief financial officer now owns 266,667 shares of the company’s stock, valued at $232,000.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders sold 193,532 shares of company stock worth $169,644. 29.00% of the stock is currently owned by company insiders.

Institutional Trading of PLBY Group

An institutional investor recently raised its position in PLBY Group stock. Sfmg LLC raised its position in PLBY Group, Inc. (NASDAQ:PLBY) by 65.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 330,000 shares of the company’s stock after acquiring an additional 130,000 shares during the period. Sfmg LLC owned approximately 0.45% of PLBY Group worth $330,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 32.46% of the company’s stock.

PLBY Group Company Profile

PLBY Group, Inc operates as a pleasure and leisure company in the United States, Australia, China, the United Kingdom, and internationally. It operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. The company offers sexual wellness products, such as lingerie, bedroom accessories, intimacy products, and other adult products; style and apparel products for men and women; digital entertainment and lifestyle products; and beauty and grooming products for men and women, such as skincare, haircare, bath and body, grooming, cosmetics, and fragrance.