People Incorporated Common Stock (NASDAQ:PPLI) Price Target Cut to $60.00 by Analysts at TD Cowen

People Incorporated Common Stock (NASDAQ:PPLI) had its price target reduced by TD Cowen from $70.00 to $60.00 in a report published on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.

Several other analysts have also issued reports on the stock. Citigroup raised their price target on shares of People Incorporated Common Stock from $48.00 to $52.00 and gave the stock a “buy” rating in a research report on Monday, August 17th. Truist Financial cut their price objective on shares of People Incorporated Common Stock from $62.00 to $59.00 and set a “buy” rating for the company in a research report on Wednesday. KeyCorp reduced their target price on shares of People Incorporated Common Stock from $50.00 to $44.00 and set an “overweight” rating for the company in a research note on Wednesday. Citizens Jmp decreased their target price on People Incorporated Common Stock from $54.00 to $47.00 and set a “market outperform” rating on the stock in a research report on Wednesday. Finally, Benchmark lifted their target price on People Incorporated Common Stock from $60.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Nine investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $53.92.

People Incorporated Common Stock Stock Up 9.1%

Shares of PPLI stock 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 quick ratio of 3.69, a current ratio of 4.01 and a debt-to-equity ratio of 0.31. The firm has a market cap of $2.88 billion, a PE ratio of -9.54 and a beta of 1.00. The stock has a 50 day moving average of $38.84 and a 200-day moving average of $40.44.

People Incorporated Common Stock (NASDAQ:PPLI) last announced its quarterly earnings data on Tuesday, November 10th. The company reported ($9.15) earnings per share (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%. The company’s revenue for the quarter was down 3.6% on a year-over-year basis. On average, equities analysts predict that People Incorporated Common Stock will post 6.97 EPS for the current year.

Institutional Trading of People Incorporated Common Stock

Institutional investors have recently made changes to their positions in the business. Empyrean Capital Partners LP increased its stake in People Incorporated Common Stock by 21.1% in the first quarter. Empyrean Capital Partners LP now owns 820,000 shares of the company’s stock valued at $32,825,000 after acquiring an additional 143,000 shares during the period. Royal Bank of Canada lifted its stake in People Incorporated Common Stock by 5.9% during the first quarter. Royal Bank of Canada now owns 458,414 shares of the company’s stock worth $18,350,000 after purchasing an additional 25,423 shares during the period. ACR Alpine Capital Research LLC lifted its stake in People Incorporated Common Stock by 4.6% during the first quarter. ACR Alpine Capital Research LLC now owns 450,788 shares of the company’s stock worth $18,045,000 after purchasing an additional 19,801 shares during the period. Principal Financial Group Inc. lifted its stake in People Incorporated Common Stock by 2.0% during the first quarter. Principal Financial Group Inc. now owns 315,957 shares of the company’s stock worth $12,648,000 after purchasing an additional 6,198 shares during the period. Finally, Whitebox Advisors LLC boosted its holdings in People Incorporated Common Stock by 71.8% during the first quarter. Whitebox Advisors LLC now owns 217,383 shares of the company’s stock valued at $8,702,000 after purchasing an additional 90,819 shares in the last quarter. 88.90% of the stock is currently owned by institutional investors and hedge funds.

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.