PCT icon

PureCycle Technologies

7.38 USD
+0.55
8.05%
At close Apr 2, 4:00 PM EDT
After hours
6.80
-0.58
7.86%
1 day
8.05%
5 days
-0.81%
1 month
-21.15%
3 months
-26.71%
6 months
-18.72%
Year to date
-26.71%
1 year
26.80%
5 years
-28.07%
10 years
-28.07%
 

About: PureCycle Technologies Inc is a Florida-based corporation focused on commercializing a patented dissolution process to physically separate the polymer from other plastics, color, and contaminants (the Technology), originally developed by The Procter & Gamble Company (P&G), for restoring waste polypropylene into resin with near-virgin characteristics, called PureFive resin. PureFive resin represents the family of recycled resin products produced, including ultra-pure resin and other grades used for compounding to meet customer specifications, which has similar properties and applicability for reuse as virgin polypropylene. It has a single operating segment, which encompasses integrated business activities related to the recycling of polypropylene into resins.

Employees: 157

0
Funds holding %
of 7,398 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

157% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 21

42% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 59

14% more funds holding

Funds holding: 207 [Q3] → 236 (+29) [Q4]

7% more capital invested

Capital invested by funds: $1.2B [Q3] → $1.27B (+$78.5M) [Q4]

4.62% less ownership

Funds ownership: 76.27% [Q3] → 71.65% (-4.62%) [Q4]

13% less funds holding in top 10

Funds holding in top 10: 8 [Q3] → 7 (-1) [Q4]

54% less call options, than puts

Call options by funds: $84.9M | Put options by funds: $183M

Research analyst outlook

We haven’t received any recent analyst ratings for PCT.

Financial journalist opinion

Neutral
Accesswire
2 days ago
PureCycle and Landbell Group Collaborate to Advance Polypropylene Plastic Recycling in Europe
ORLANDO, FL / ACCESS Newswire / March 31, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced a collaboration with Landbell Group, a global operator of morethan 40 producer responsibility organizations (PROs) and a leading provider of closed-loop recycling solutions. The collaboration will help to prioritize and expand upcycling of polypropylene (PP) waste into high-purity, recycled PP that can be used in high-value and demanding applications across Europe.
PureCycle and Landbell Group Collaborate to Advance Polypropylene Plastic Recycling in Europe
Neutral
Accesswire
1 month ago
PureCycle Announces Preliminary Court Approval of Shareholder Derivative Settlement
ORLANDO, FL / ACCESS Newswire / February 28, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced that on February 18, 2025, the U.S. District Court for the District of Delaware issued an order granting preliminary approval of a settlement to resolve shareholder derivative lawsuits and certain shareholder demand letters. In accordance with the Court's order preliminarily approving the settlement, PureCycle is making disclosure of the settlement to its shareholders in the Notice of Proposed Settlement of Stockholder Derivative Matters, Hearing Thereon, and Right to Appear (Notice) attached hereto.
PureCycle Announces Preliminary Court Approval of Shareholder Derivative Settlement
Neutral
Seeking Alpha
1 month ago
PureCycle Technologies, Inc. (PCT) Q4 2024 Earnings Call Transcript
PureCycle Technologies, Inc. (NASDAQ:PCT ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Eric DeNatale - Director-Investor Relations Dustin Olson - Chief Executive Officer Jaime Vasquez - Chief Financial Officer Conference Call Participants Andres Sheppard - Cantor Fitzgerald Hassan Ahmed - Alembic Eric Stine - Craig-Hallum Aadit Shrestha - Stifel Thomas Boyes - TD Cowen Gerry Sweeney - ROTH Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to PureCycle Technologies Fourth Quarter 2024 Corporate Update Call.
PureCycle Technologies, Inc. (PCT) Q4 2024 Earnings Call Transcript
Neutral
Accesswire
1 month ago
PureCycle Technologies Fourth Quarter and Fiscal Year Ending 2024 Update
ORLANDO, FL / ACCESS Newswire / February 27, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced a corporate update for the fourth quarter and fiscal year ending December 31, 2024. Management Commentary PureCycle CEO Dustin Olson commented, "The fourth quarter was one of significant progress for the Company.
PureCycle Technologies Fourth Quarter and Fiscal Year Ending 2024 Update
Neutral
Accesswire
1 month ago
PureCycle Schedules Fourth Quarter 2024 Corporate Update
ORLANDO, FL / ACCESS Newswire / February 12, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Thursday, February 27, 2025 to provide an update on recent corporate developments. A press release discussing such developments and other activity from the fourth quarter and fiscal year ended December 31, 2024 will be provided prior to the conference call.
PureCycle Schedules Fourth Quarter 2024 Corporate Update
Positive
Benzinga
1 month ago
Top 3 Materials Stocks Which Could Rescue Your Portfolio This Quarter
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
Top 3 Materials Stocks Which Could Rescue Your Portfolio This Quarter
Neutral
Accesswire
1 month ago
Churchill Introduces "Run It Back" Line of Cups & Containers Made with Recycled PureFive(TM) Resin
ORLANDO, FL / ACCESS Newswire / February 6, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT) and Churchill Container, today, announced a new line of cups manufactured primarily with recycled PureFive™ resin. Churchill Container produces rigid plastic cups and buckets for clients in the sports, theater, and restaurant industries.
Churchill Introduces "Run It Back" Line of Cups & Containers Made with Recycled PureFive(TM) Resin
Neutral
Accesswire
1 month ago
PureCycle Announces Financing Transaction for $33 Million
ORLANDO, FL / ACCESS Newswire / February 5, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT), today, entered into a transaction anchored by Pleiad Investment Advisors Limited, with participation from Sylebra Capital Management, and Samlyn Capital, LLC to raise gross proceeds of $33 million. PureCycle anticipates that the transaction will close on February 6, 2025.
PureCycle Announces Financing Transaction for $33 Million
Neutral
Accesswire
2 months ago
Drake Purchases PureCycle Resin Following Successful Production of Continuous Filament Yarns
ORLANDO, FL / ACCESS Newswire / January 21, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), today, announced the initial sale of nearly 500,000 pounds of resin to Drake Extrusion Inc. (Drake) for the production of continuous filament yarns, which could be used to make items such as rugs, upholstery, and apparel. Drake is North America's leading manufacturer of colored filament yarn, and staple fiber.
Drake Purchases PureCycle Resin Following Successful Production of Continuous Filament Yarns
Positive
Seeking Alpha
2 months ago
PureCycle Technologies: On The Brink Of Something Incredible
PureCycle Technologies, leveraging proprietary technology licensed from Procter & Gamble, converts polypropylene waste into ultra-pure recycled resin, positioning itself as a leader in the nascent plastics recycling industry. Despite high volatility and significant risks, including operational delays and financial constraints, PCT's innovative approach and strong leadership offer substantial growth potential and environmental benefits. The company has made strategic partnerships and agreements with major brands like Nestlé and L'Oréal and aims to ramp up production significantly by 2027.
PureCycle Technologies: On The Brink Of Something Incredible
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