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PureCycle Gains From First-Mover Advantage And Unique Recycling Technology, Analyst Highlights Expansionary Moves

PureCycle Gains From First-Mover Advantage And Unique Recycling Technology, Analyst Highlights Expansionary Moves

PureCycle受益于先行者优势和独特的回收技术,分析师强调拓展性举措
Benzinga ·  10/18 14:36

Cantor Fitzgerald analyst Andres Sheppard initiates coverage on PureCycle Technologies, Inc. (NASDAQ:PCT) with an Overweight rating and a price forecast of $14.

坎特菲茨杰分析师Andres Sheppard开始对PureCycle Technologies, Inc.(纳斯达克:PCT)进行覆盖,评级为超配,预测价为14美元。

According to the analyst, the company enjoys a differentiated technology and first-mover advantage, along with a large total addressable market (TAM) and the ability to scale up. It also benefits from a globally patented purification polypropylene recycling technology developed in partnership with Procter & Gamble Company.

根据分析师的说法,该公司拥有与众不同的技术和先发优势,以及庞大的可寻址市场(TAM)和扩展能力。它还受益于与宝洁公司合作开发的全球专利净化聚丙烯回收技术。

This FDA-approved technology employs a unique process that effectively removes odor and color from plastic waste, the analyst notes.

该经过FDA批准的技术采用了一种独特的过程,可以有效去除塑料废物中的气味和颜色,分析师指出。

The analyst highlights that PureCycle plans to sell its UPR resin to a diverse array of customers across various industries, including consumer goods manufacturers and food and beverage producers.

分析师强调,PureCycle计划向各行各业的多样化客户出售其UPR树脂,包括消费品制造商和食品饮料生产商。

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六位分析师表示,奈飞的第三季度业绩应该会继续表现强劲。

Sheppard sees that the company's first production line will reach near full capacity by 2025, with revenue reporting expected to begin in the second half of 2024.

Sheppard认为,该公司的第一条生产线将在2025年达到接近全产能,预计2024年下半年开始报告营业收入。

The analyst mentions that the company is currently focused on expanding its second purification facility in Augusta, Georgia, which is expected to feature up to eight purification lines, each capable of producing approximately 130 million pounds annually.

分析师提到,该公司目前专注于扩建位于乔治亚州奥古斯塔的第二座净化设施,预计将拥有多达八条净化线,每条线每年可生产约13000万磅。

The facility is projected to be operational by 2027, and Sheppard sees this will serve as a significant catalyst for growth.

该设施预计将在2027年投入运营,Sheppard认为这将成为增长的重要推动力。

Additionally, on September 11, the company strengthened its balance sheet by raising $90 million in gross proceeds.

此外,公司于9月11日通过发行获得了9000万美元的总收益,从而增强了其资产负债表。

Price Action: PCT shares are trading higher by 5.26% to $10.51 at last check Friday.

价格走势:PCt股票在上周五最后一次交易时以10.51美元上涨5.26%。

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