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
$248.37M
Enterprise Value$239.24M
Total Cash (Recent Filing)$17.14M
Total Debt (Recent Filing)$8.00M
Price to Earnings (P/E)14.7
Beta0.69
Next Earnings
Apr 08, 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/Revenue8.12
Enterprise Value/Gross Profit13.78
Enterprise Value/Ebitda11.37
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 Conservative Balance SheetExtremely low leverage and a large equity base provide durable financial flexibility to fund utility and development capex, support share repurchases, and absorb timing shocks. This reduces refinancing risk and preserves optionality for multi‑year infrastructure projects and permitting delays.
Recurring Water Demand Growth And Unused CapacityA 22% CAGR in metered customers underpins increasingly sticky, volumetric revenue that compounds over time. Coupled with roughly 2,800 acre‑feet capacity and very low current utilization, the utility can serve substantial additional residential or industrial demand without immediate large new supply investments.
High-margin Tap Fees And Active Land DevelopmentRising tap fees and high pretax margins on lot monetization drive attractive cash-on-cash returns from development activity. Progress on Phase 2 build‑out and new homebuilder partners convert infrastructure capacity into high‑margin revenue streams over multiple years, supporting long‑term profitability.
Bears Say
Moderate And Volatile Cash ConversionOnly moderate cash conversion and historical swings in operating and free cash flow weaken confidence in sustained internal funding for capex and development. Volatility increases reliance on timing of lot sales, tap fees, or external financing, which can strain execution on multi‑year infrastructure projects.
Value Dependent On Interchange Permitting And ConstructionA material portion of future commercial value (and ~ $50M public‑improvement receivable) hinges on multi‑stage permitting and a 2027–2028 construction timeline. Municipal approvals, bids and build schedules create execution and timing risk that could delay revenue and cash realizations for years.
Lumpy Industrial (oil & Gas) Water RevenuesHigh‑margin industrial deliveries can materially swing results quarter to quarter, undermining predictability of cash flow and earnings. Dependence on a cyclical fracking cadence means durable revenue assumptions require conservative modeling and diversifying end‑markets to stabilize long‑term cash generation.
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 $248.37M.
When is Pure Cycle Corp.’s upcoming earnings report date?
Pure Cycle Corp.’s upcoming earnings report date is Apr 08, 2026 which is in 6 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
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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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Ownership Overview
17.11% Insiders
13.23% Mutual Funds
26.53% Other Institutional Investors
35.30% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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