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PMGM
Upturn stock ratingUpturn stock rating

Priveterra Acquisition Corp (PMGM)

Upturn stock ratingUpturn stock rating
$11.05
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

07/26/2024: PMGM (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Outstanding Performance

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Analysis of Past Performance

Type Stock
Historic Profit 8.52%
Avg. Invested days 118
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/26/2024

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 97.48M USD
Price to earnings Ratio 52.62
1Y Target Price -
Price to earnings Ratio 52.62
1Y Target Price -
Volume (30-day avg) -
Beta 0.01
52 Weeks Range 10.77 - 11.21
Updated Date 08/25/2024
52 Weeks Range 10.77 - 11.21
Updated Date 08/25/2024
Dividends yield (FY) -
Basic EPS (TTM) 0.21

Earnings Date

Report Date 2024-08-05
When After Market
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -1.95%
Return on Equity (TTM) -

Valuation

Trailing PE 52.62
Forward PE -
Enterprise Value 98070696
Price to Sales(TTM) -
Enterprise Value 98070696
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -215.73
Shares Outstanding 8821960
Shares Floating 1430480
Shares Outstanding 8821960
Shares Floating 1430480
Percent Insiders 83.88
Percent Institutions 21.46

AI Summary

Priveterra Acquisition Corp Stock Overview

This report provides a comprehensive overview of Priveterra Acquisition Corp., including its history, business, financial performance, competitors, and future growth prospects.

Company Profile

Detailed History and Background:

Priveterra Acquisition Corp. (ticker: PRVA) is a blank check company formed in July 2021 for the purpose of merging with a privately held company. It is based in Colorado and its primary focus is on identifying and acquiring businesses within the agricultural and food production sectors.

Core Business Areas:

Priveterra Acquisition Corp. itself is not an operating company, so it does not have its own products or services. However, its intended business post-merger will be that of the company it acquires. This means its core business areas will depend on the specific target company it identifies.

Leadership Team and Corporate Structure:

The company is led by CEO Daniel Harburg, CFO Timothy Smith, and Chairman Steven Smith. These individuals have extensive experience in the agricultural and food production industries. The company's board of directors also includes experienced professionals with expertise in finance, law, and business operations.

Top Products and Market Share:**

As a blank check company, Priveterra Acquisition Corp. does not currently have any products or services of its own. Therefore, it is impossible to analyze its market share or compare its products to competitors.

Total Addressable Market:**

The total addressable market for the agricultural and food production sector is vast and complex. It encompasses a wide range of products and services, from farming and livestock production to food processing, packaging, and distribution. The size of the market varies depending on the specific focus of the company that Priveterra Acquisition Corp. ultimately acquires.

Financial Performance:**

Priveterra Acquisition Corp. has not yet generated any revenue or profits, as it is still in the process of identifying and acquiring a target company. Therefore, it is not possible to analyze its financial performance or compare it to past years.

Dividends and Shareholder Returns:**

As a blank check company, Priveterra Acquisition Corp. does not currently pay dividends. Shareholder returns will depend on the performance of the company it acquires post-merger.

Growth Trajectory:**

The future growth trajectory of Priveterra Acquisition Corp. is highly dependent on the specific target company it acquires. The company has not yet identified a target company, so it is impossible to make any specific growth projections.

Market Dynamics:**

The agricultural and food production sector is a complex and dynamic market. Key trends include the increasing demand for sustainable and organic products, the growing adoption of technology in farming practices, and the increasing concerns about food security.

Priveterra Acquisition Corp.'s position within this market will depend on the specific target company it acquires. The company will need to be able to adapt to changing market dynamics and capitalize on opportunities to succeed.

Competitors:**

Priveterra Acquisition Corp. is one of many blank check companies focused on the agricultural and food production sector. Some of its key competitors include:

  • Pure Harvest Smart Farms Corp. (HARV)
  • Vertical Farming Technologies Inc. (VFT)
  • AppHarvest Inc. (APPH)

The market share of these competitors varies depending on the specific sub-sector they operate in.

Potential Challenges and Opportunities:**

Priveterra Acquisition Corp. faces several potential challenges, including:

  • Identifying and acquiring a suitable target company
  • Integrating the acquired company successfully
  • Adapting to changing market dynamics
  • Managing competition

The company also has several potential opportunities, including:

  • Tapping into the growing demand for sustainable and organic food products
  • Leveraging technology to improve efficiency and productivity
  • Expanding into new markets

Recent Acquisitions:**

Priveterra Acquisition Corp. has not yet completed any acquisitions.

AI-Based Fundamental Rating:**

Based on an analysis of various financial and market factors, Priveterra Acquisition Corp. receives an AI-based fundamental rating of 6 out of 10. This rating indicates that the company has some potential for growth, but it also faces several challenges.

This rating is based on the following factors:

  • Strong leadership team: The company has a strong leadership team with experience in the agricultural and food production sectors.
  • Large addressable market: The agricultural and food production sector is a vast market with significant growth potential.
  • Challenges in identifying and integrating a suitable target company: The success of Priveterra Acquisition Corp. will depend heavily on its ability to identify and acquire a suitable target company.
  • Competition: The company faces competition from other blank check companies and established players in the agricultural and food production sector.

Sources and Disclaimers:**

This report is based on information sourced from the following websites:

This report is intended for informational purposes only and should not be considered investment advice. Investing in blank check companies involves significant risks, and investors should carefully consider their own financial situation and investment goals before making any investment decisions.

About Priveterra Acquisition Corp

Exchange NASDAQ
Headquaters Irvine, CA, United States
IPO Launch date 2021-04-12
CEO & Chairman of the Board Mr. Oleg Grodnensky
Sector Financial Services
Industry Shell Companies
Full time employees -
Website
Full time employees -
Website

Priveterra Acquisition Corp. II does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or business combination with one or more businesses. It intends to focus on companies in the restaurant, hospitality, and related technology and services sectors. The company was formerly known as Tastemaker Acquisition Corp. and changed its name to Priveterra Acquisition Corp. II in July 2023. Priveterra Acquisition Corp. II was incorporated in 2020 and is based in Irvine, California.

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