People Incorporated Common Stock (NASDAQ:PPLI – Get Free Report) had its price target dropped by investment analysts at UBS Group from $56.00 to $45.00 in a research note issued on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group‘s price target would indicate a potential upside of 9.73% from the company’s previous close.
PPLI has been the topic of several other reports. JPMorgan Chase & Co. assumed coverage on People Incorporated Common Stock in a research report on Friday, September 11th. They set an “overweight” rating and a $54.00 price target on the stock. Weiss Ratings downgraded People Incorporated Common Stock from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 23rd. Wall Street Zen upgraded People Incorporated Common Stock from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Benchmark increased their price objective on People Incorporated Common Stock from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Finally, Citizens Jmp assumed coverage on shares of People Incorporated Common Stock in a report on Wednesday. They issued a “market outperform” rating and a $47.00 target price on the stock. Nine analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $53.08.
Check Out Our Latest Stock Analysis on PPLI
People Incorporated Common Stock Trading Down 2.3%
NASDAQ PPLI traded down $0.98 during trading on Thursday, hitting $41.01. 1,641,168 shares of the company’s stock traded hands, compared to its average volume of 1,112,855. The stock has a fifty day moving average of $38.84 and a two-hundred day moving average of $40.44. People Incorporated Common Stock has a 12-month low of $31.42 and a 12-month high of $48.32. The firm has a market cap of $2.82 billion, a P/E ratio of -9.32 and a beta of 1.00. The company has a debt-to-equity ratio of 0.31, a current ratio of 4.01 and a quick ratio of 3.69.
People Incorporated Common Stock (NASDAQ:PPLI – Get Free Report) last released its quarterly earnings data on Tuesday, November 10th. The company reported ($9.15) EPS for the quarter, missing the consensus estimate 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%. People Incorporated Common Stock’s revenue was down 3.6% on a year-over-year basis. As a group, sell-side analysts expect that People Incorporated Common Stock will post 6.97 EPS for the current year.
Institutional Trading of People Incorporated Common Stock
A number of institutional investors have recently modified their holdings of PPLI. Parallel Advisors LLC grew its stake in shares of People Incorporated Common Stock by 61.3% in the first quarter. Parallel Advisors LLC now owns 613 shares of the company’s stock worth $25,000 after purchasing an additional 233 shares during the last quarter. Essential Partners LLC increased its holdings in People Incorporated Common Stock by 177.1% during the 1st quarter. Essential Partners LLC now owns 1,607 shares of the company’s stock valued at $64,000 after purchasing an additional 1,027 shares during the period. EverSource Wealth Advisors LLC raised its position in People Incorporated Common Stock by 242.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,607 shares of the company’s stock valued at $64,000 after purchasing an additional 1,138 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in People Incorporated Common Stock by 251.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,937 shares of the company’s stock valued at $76,000 after purchasing an additional 1,386 shares during the last quarter. Finally, Syon Capital LLC purchased a new stake in People Incorporated Common Stock in the 2nd quarter worth approximately $238,000. 88.90% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting People Incorporated Common Stock
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
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.
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