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Pure Cycle Corp. (PCYO)
NASDAQ:PCYO
PCYO Stock Chart & Stats
$11.40
-$0.11(-0.91%)
At close: 4:00 PM EST
$11.40
-$0.11(-0.91%)
Day’s Range― - ―
52-Week Range$9.65 - $12.16
Previous CloseN/A
Volume7.30K
Average Volume (3M)46.66K
Market Cap
$242.83M
Enterprise Value$233.70M
Total Cash (Recent Filing)$17.14M
Total Debt (Recent Filing)$8.00M
Price to Earnings (P/E)14.7
Beta0.69
Next Earnings
Apr 15, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.19
Shares Outstanding24,090,605
10 Day Avg. Volume55,734
30 Day Avg. Volume46,656
Financial Highlights & Ratios
PEG Ratio1.48
Price to Book (P/B)1.70
Price to Sales (P/S)9.32
P/FCF Ratio65.88
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue7.93
Enterprise Value/Gross Profit13.46
Enterprise Value/Ebitda11.11
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Very Low Leverage / Strong Balance SheetExtremely low leverage and a large equity base give Pure Cycle durable financial flexibility to fund infrastructure buildouts, support phased development, and absorb timing volatility. This reduces refinancing risk, preserves liquidity for capex or buybacks, and supports multi-year execution.
Recurring Water Customer Growth And Large Unused CapacityA 22% CAGR in metered customers plus materially underutilized water capacity creates a durable runway for recurring revenue expansion without immediate large incremental supply investment. This structural volume opportunity supports long-term revenue scaling and resilience versus one-off lot sales.
Consistent Land Development Execution And Rental ExpansionConcrete progress on multiple development phases, new builder partners, and an expanding rental portfolio demonstrates repeatable execution. This steadily converts infrastructure capacity into monetizable lots and recurring rental cash flows, reducing timing risk across the medium term.
Bears Say
Volatile Cash Flow And Moderate Cash ConversionModerate cash conversion and historical swings in operating and free cash flow weaken confidence in the sustainability of reported profits. This limits internal funding capacity for large infrastructure or commercial build-outs and increases reliance on timing-sensitive financing or equity actions over the next 2–6 months.
Value Realization Tied To Interchange Permitting And ConstructionA material portion of future commercial value and public‑improvement receivables depends on multi‑stage permitting and a multi‑year construction timetable. Municipal approvals and construction timing create execution and timing risk that can defer or compress expected commercial revenue into 2028 or later.
Lumpy Oil & Gas Industrial Water DemandHeavy reliance on episodic industrial water deliveries introduces significant quarter-to-quarter revenue volatility and forecasting difficulty. This cyclicality undermines predictability of earnings and cash flow, forcing wider guidance ranges and complicating capital allocation over the medium term.
Pure Cycle News
PCYO FAQ
What was Pure Cycle Corp.’s price range in the past 12 months?
Pure Cycle Corp. lowest stock price was $9.65 and its highest was $12.15 in the past 12 months.
What is Pure Cycle Corp.’s market cap?
Pure Cycle Corp.’s market cap is $242.83M.
When is Pure Cycle Corp.’s upcoming earnings report date?
Pure Cycle Corp.’s upcoming earnings report date is Apr 15, 2026 which is in 35 days.
How were Pure Cycle Corp.’s earnings last quarter?
Pure Cycle Corp. released its earnings results on Nov 30, 2025. The company reported $0.189 earnings per share for the quarter, beating the consensus estimate of N/A by $0.189.
Is Pure Cycle Corp. overvalued?
According to Wall Street analysts Pure Cycle Corp.’s price is currently Overvalued.
Does Pure Cycle Corp. pay dividends?
Pure Cycle Corp. does not currently pay dividends.
What is Pure Cycle Corp.’s EPS estimate?
Pure Cycle Corp.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Pure Cycle Corp. have?
Pure Cycle Corp. has 24,090,605 shares outstanding.
What happened to Pure Cycle Corp.’s price movement after its last earnings report?
Pure Cycle Corp. reported an EPS of $0.189 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -1.603%.
Which hedge fund is a major shareholder of Pure Cycle Corp.?
Currently, no hedge funds are holding shares in PCYO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Pure Cycle Stock Smart Score
Underperform
1
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4
5
6
7
8
9
10
Blogger Sentiment
Bullish
PCYO Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 74.0K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
-12.58%
12-Months-Change
Fundamentals
Return on Equity
9.79%
Trailing 12-Months
Asset Growth
12.28%
Trailing 12-Months
Company Description
Pure Cycle Corp.
Pure Cycle Corporation designs, constructs, operates, and maintains water and wastewater systems in the Denver metropolitan area and Colorado Front Range in the United States. It operates in two segments, Wholesale Water and Wastewater Services, and Land Development. The company engages in the wholesale water production, storage, treatment, and distribution systems; wastewater collection and treatment systems; development of master-planned community; and oil and gas leasing business. It serves domestic, commercial, and industrial customers in the Denver metropolitan region. Pure Cycle Corporation was founded in 1976 and is based in Watkins, Colorado.
PCYO Company Deck
PCYO Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed predominantly positive operational and financial progress: a record and profitable Q1 (>$9M revenue, ~$6.2M gross profit), accelerated land development (Phase 2D ahead of schedule), strong recurring water customer growth (22% CAGR), and expansion of single-family rentals. Management reiterated FY2026 guidance ($26M–$30M revenue; $0.43–$0.52 EPS) and highlighted substantial unused water capacity and strategic opportunities (commercial parcels, data center interest). Notable risks include quarter-to-quarter volatility in industrial water (oil & gas) revenues, reliance on interchange permitting/construction to unlock larger commercial value, and some near-term guidance uncertainty for FY2027. Overall, the positive operating execution and visibility on key value drivers materially outweigh the timing and execution risks discussed.View all PCYO earnings summariesTechnical Analysis
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The York Water Company
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Global Water Resources
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Ownership Overview
17.11% Insiders
13.49% Mutual Funds
26.53% Other Institutional Investors
35.01% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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