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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 - $12.25
Previous CloseN/A
Volume7.30K
Average Volume (3M)46.66K
Market Cap
$269.57M
Enterprise Value$265.26M
Total Cash (Recent Filing)$17.14M
Total Debt (Recent Filing)$8.00M
Price to Earnings (P/E)19.7
Beta0.67
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 Cap0.98
Enterprise Value/Revenue9.00
Enterprise Value/Gross Profit15.27
Enterprise Value/Ebitda12.61
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
Balance Sheet StrengthExceptionally low leverage and a large equity base provide durable financial flexibility for Pure Cycle. This supports continued investment in water infrastructure, land development and share repurchases while reducing bankruptcy risk and enabling the company to fund multi-year projects without reliance on external debt.
Recurring Revenue GrowthA 22% CAGR in metered water customers strengthens the recurring revenue mix, improving predictability and supporting stable cash flows over time. Durable customer growth in utilities underpins long-term service fees and creates a base for cross-selling rentals and development-related utility services.
Significant Unused CapacityVery low utilization versus installed water capacity gives Pure Cycle scalable supply to capture new residential, commercial or industrial demand without heavy incremental capex. This latent capacity is a structural advantage that can accelerate revenue growth as regional demand or large customers materialize.
Bears Say
Cash Flow VolatilityModerate cash conversion and historical volatility in operating and free cash flow reduce confidence in earnings sustainability and the company’s ability to self-fund development. Irregular cash generation can constrain timing of capex, development milestones and limit organic funding for commercial build-outs over multi-year horizons.
Interchange Permitting DependencyA material portion of future commercial value and public‑improvement receivables depends on interchange permitting and construction. Delays or municipal setbacks would push out realization of higher‑margin commercial revenues and materially extend the timeline for value capture tied to Phase 3 development.
Industrial Water Revenue LumpinessReliance on oil & gas water deliveries creates quarter-to-quarter revenue swings and forecasting difficulty. Structural cyclicality in fracking activity can amplify volatility in margins and cash flow, complicating capital planning and reducing predictability of utility segment contributions over multi-year timelines.
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 $12.25 in the past 12 months.
What is Pure Cycle Corp.’s market cap?
Pure Cycle Corp.’s market cap is $269.57M.
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 56 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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3
4
5
6
7
8
9
10
Blogger Sentiment
Bullish
PCYO Sentiment 70%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 10.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $756.6K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
-12.58%
12-Months-Change
Fundamentals
Return on Equity
9.62%
Trailing 12-Months
Asset Growth
10.13%
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
Artesian Resources
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Cadiz
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Consolidated Water Co
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The York Water Company
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Global Water Resources
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Ownership Overview
25.81% Insiders
13.48% Mutual Funds
1.45% Other Institutional Investors
51.45% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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