Roth Capital Upgrades PLBY Group (NASDAQ:PLBY) to “Strong-Buy”

PLBY Group (NASDAQ:PLBY) was upgraded by analysts at Roth Capital to a “strong-buy” rating in a note issued to investors on Friday,Zacks.com reports. Roth Capital also issued estimates for PLBY Group’s Q4 2024 earnings at ($0.11) EPS, Q1 2025 earnings at ($0.10) EPS, Q2 2025 earnings at ($0.05) EPS, Q3 2025 earnings at ($0.01) EPS, Q4 2025 earnings at ($0.01) EPS, FY2025 earnings at ($0.17) EPS and FY2026 earnings at $0.00 EPS.

Separately, Roth Mkm began coverage on PLBY Group in a research report on Friday. They issued a “buy” rating and a $3.00 target price for the company.

PLBY Group Stock Performance

NASDAQ:PLBY opened at $1.97 on Friday. The firm’s 50-day moving average is $1.57 and its 200-day moving average is $1.06. The company has a market cap of $177.20 million, a price-to-earnings ratio of -2.05 and a beta of 2.24. The company has a debt-to-equity ratio of 12.49, a quick ratio of 1.44 and a current ratio of 1.44. PLBY Group has a 52-week low of $0.52 and a 52-week high of $2.44.

PLBY Group (NASDAQ:PLBY) last issued its quarterly earnings results on Tuesday, November 12th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.32). PLBY Group had a negative net margin of 66.97% and a negative return on equity of 406.14%. The firm had revenue of $12.86 million for the quarter.

Hedge Funds Weigh In On PLBY Group

A hedge fund recently raised its stake in PLBY Group stock. Sfmg LLC boosted its holdings in shares of PLBY Group, Inc. (NASDAQ:PLBY) by 21.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 500,000 shares of the company’s stock after purchasing an additional 89,000 shares during the period. Sfmg LLC owned 0.56% of PLBY Group worth $379,000 as of its most recent SEC filing. Hedge funds and other institutional investors 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.