People Incorporated Common Stock (NASDAQ:PPLI) Stock Price Target Lowered at Truist Financial

People Incorporated Common Stock (NASDAQ:PPLI) had its target price cut by Truist Financial from $62.00 to $59.00 in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other research analysts also recently commented on PPLI. JPMorgan Chase & Co. started coverage on People Incorporated Common Stock in a report on Friday, September 11th. They issued an “overweight” rating and a $54.00 price objective on the stock. Benchmark boosted their target price on People Incorporated Common Stock from $60.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Zacks Research cut People Incorporated Common Stock from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. TD Cowen reaffirmed a “buy” rating on shares of People Incorporated Common Stock in a report on Tuesday, August 4th. Finally, Citigroup increased their price target on shares of People Incorporated Common Stock from $48.00 to $52.00 and gave the company a “buy” rating in a research note on Monday, August 17th. Nine analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $53.92.

People Incorporated Common Stock Stock Performance

NASDAQ:PPLI opened at $41.99 on Wednesday. People Incorporated Common Stock has a 12 month low of $31.42 and a 12 month high of $48.32. The company has a debt-to-equity ratio of 0.31, a current ratio of 4.01 and a quick ratio of 3.69. The firm has a market capitalization of $2.88 billion, a PE ratio of -9.54 and a beta of 1.00. The business’s fifty day moving average price is $38.84 and its 200 day moving average price is $40.44.

People Incorporated Common Stock (NASDAQ:PPLI) last announced its quarterly earnings results on Tuesday, November 10th. The company reported ($9.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 quarterly revenue was down 3.6% compared to the same quarter last year. On average, sell-side analysts anticipate that People Incorporated Common Stock will post 6.97 earnings per share for the current fiscal year.

Hedge Funds Weigh In On People Incorporated Common Stock

Several large investors have recently bought and sold shares of PPLI. Fulcrum Asset Management LLP increased its position in shares of People Incorporated Common Stock by 1,746.9% during the third quarter. Fulcrum Asset Management LLP now owns 15,255 shares of the company’s stock worth $621,000 after purchasing an additional 14,429 shares in the last quarter. Nilsine Partners LLC purchased a new stake in shares of People Incorporated Common Stock in the 2nd quarter valued at about $1,492,000. Syon Capital LLC purchased a new stake in shares of People Incorporated Common Stock in the 2nd quarter valued at about $238,000. Essential Partners LLC boosted its position in shares of People Incorporated Common Stock by 177.1% in 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. Finally, Amundi boosted its position in shares of People Incorporated Common Stock by 397.4% in the 1st quarter. Amundi now owns 152,304 shares of the company’s stock valued at $6,097,000 after purchasing an additional 121,681 shares during the period. Institutional investors and hedge funds own 88.90% of the company’s stock.

Trending Headlines about People Incorporated Common Stock

Here are the key news stories impacting People Incorporated Common Stock this week:

• Neutral Sentiment: Several analysts lowered their price targets but kept favorable ratings. Citigroup and Citizens JMP cut targets to $47, TD Cowen to $60, Goldman Sachs to $56, Truist to $59, and KeyCorp to $44. All remain above the $41.99 reference price, but the reductions signal more cautious expectations. Citigroup recommendation TD Cowen recommendation Goldman Sachs recommendation Truist recommendation Citizens JMP recommendation KeyCorp recommendation
• Negative Sentiment: Q3 results were substantially weaker than expected: PPLI reported a loss of $9.15 per share versus the $0.23 loss analysts forecast, while revenue fell 3.6% year over year. These results could weigh on sentiment despite the stock’s rise. Q3 2026 earnings call transcript

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.