PCYO
Pure Cycle Corporation
NasdaqCMUSDEQUITY
Utilities
DELAYED
Last price
11.32
▼ 0.37 (3.17%)
MARKET · —
Price
Open
11.74
Prev close
11.69
Day high
11.74
Day low
11.22
Volume
105.15K
Market cap
$272.78M
P/E (TTM)
18.56
52W range
9.71 – 12.44
Trailing performance
Returnvs SPY
1W
+0.53%
+1.9%
1M
+6.79%
+3.1%
3M
+12.08%
+9.0%
6M
+5.40%
-5.7%
YTD
+3.00%
-9.3%
1Y
+10.44%
-9.6%
3Y
-5.67%
-79.8%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$272.78M
Enterprise value$278.47M
Revenue (TTM)$33.73M
Gross profit$20.90M
EBITDA$15.07M
Net income$14.73M
EPS (TTM)$0.61
Free cash flow$-2.42M
Total cash$8.44M
Total debt$14.13M
Book value / share$6.29
Shares outstanding24.10M
Float18.73M
Short % of float2.21%
Dividend yield—
Beta (5Y)1.23
Valuation & profitability ratios
Trailing P/E18.56
Forward P/E125.78
PEG ratio—
Price / sales—
Price / book1.80
EV / revenue8.26
EV / EBITDA18.48
Gross margin61.97%
Operating margin25.71%
Profit margin43.66%
Return on equity10.22%
Return on assets4.85%
Debt / equity9.32
Current ratio1.53
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2015 | 2014 | 2013 |
|---|---|---|---|---|
| Total revenue | $0 | $2.32M | $3.09M | $1.86M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $13.11M | -$23.13M | -$311.44K | -$4.15M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2015 | 2014 | 2013 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2015 | 2014 | 2013 |
|---|---|---|---|---|
| Net income | $13.11M | -$23.13M | -$311.44K | -$4.15M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $0 | — |
| Next year | — | — | $0 | — |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders4.87%
Held by institutions74.73%
Institutions holding165
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
1.17M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jan 14, 26 | BEIRNE PATRICK J Director |
STOCK | 2.65K | $0 | Direct |
| Jan 14, 26 | SHEETS JEFFREY G Director |
STOCK | 2.65K | $0 | Direct |
| Jan 14, 26 | FENDEL FREDERICK A. III Director |
STOCK | 2.65K | $0 | Direct |
| Jan 14, 26 | KOZLOWSKI DANIEL R Director |
STOCK | 2.65K | $0 | Direct |
| Jan 14, 26 | ABEL WANDA J Director |
STOCK | 2.65K | $0 | Direct |
| Jan 14, 26 | ROLLER DANIEL J Director and Beneficial Owner of more than 10% of a Class of Security |
STOCK | 2.65K | $0 | Direct |
| Jan 14, 26 | HEITMANN SUSAN DIANE Director |
STOCK | 2.65K | $0 | Direct |
| Jan 12, 26 | HARDING MARK W Chief Executive Officer |
STOCK | 210.00K | $0 | Indirect |
| Nov 17, 25 | BEIRNE PATRICK J Director |
CONVERSION | 10.00K | $40.50K | Direct |
| Nov 17, 25 | KOZLOWSKI DANIEL R Director and Beneficial Owner of more than 10% of a Class of Security |
SELL | 68.78K | $757.11K | Indirect |
| Sep 17, 25 | HARDING MARK W Chief Executive Officer |
STOCK | 10.00K | $0 | Direct |
| Jan 15, 25 | BEIRNE PATRICK J Director |
STOCK | 2.57K | $30.00K | Direct |
| Jan 15, 25 | SHEETS JEFFREY G Director |
STOCK | 2.57K | $30.00K | Direct |
| Jan 15, 25 | FENDEL FREDERICK A. III Director |
STOCK | 2.57K | $30.00K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
ABEL WANDA J |
Director | 13.26K | Stock Award(Grant) |
BEIRNE PATRICK J |
Director | 27.26K | Stock Award(Grant) |
FENDEL FREDERICK A. III |
Director | 15.26K | Stock Award(Grant) |
HARDING MARK W |
Chief Executive Officer | — | Stock Gift |
HEITMANN SUSAN DIANE |
Director | 6.83K | Stock Award(Grant) |
KOZLOWSKI DANIEL R |
Director | 351.21K | Stock Award(Grant) |
ROLLER DANIEL J |
Director and Beneficial Owner of more than 10% of a Class of Security | 3.55M | Stock Award(Grant) |
SHEETS JEFFREY G |
Director | 17.26K | Stock Award(Grant) |
Moving averages & technicals
SMA 10
11.37
-0.46% from price
SMA 20
11.02
+2.72% from price
SMA 50
10.89
+3.92% from price
SMA 100
10.90
+3.81% from price
SMA 200
10.96
+3.25% from price
EMA 12
11.27
+0.47% from price
EMA 26
11.07
+2.28% from price
EMA 50
10.94
+3.45% from price
RSI (14)
56.9
Neutral
MACD (12,26,9)
0.20
Hist 0.05
ATR (14)
0.32
2.81% of price
Realised vol 30D
24.1%
Annualised
Bollinger upper
11.76
20, 2σ
Bollinger lower
10.28
20, 2σ
50 / 200 cross
Death
10.89 vs 10.96
Trend bias
Above 200
+3.25%
Risk profile
Beta vs SPY
0.50
Less volatile than market
Correlation to SPY
0.21
Largely independent
Realised vol 30D
24.1%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-17.5%
Peak to trough
Max drawdown 5Y
-51.5%
Peak to trough
ATR 14
0.32
2.81% of price
Beta (reported)
1.23
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.44
Call-heavy session
Put / call open interest
0.50
Positioning, not flow
Max pain
10.00
-11.7% from spot
ATM implied vol
41.8%
Nearest strike to spot
Skew (10% OTM)
-6.6%
Calls bid over puts
Call volume
16
Contracts, this expiry
Put volume
7
Contracts, this expiry
Heaviest call OI
12.50
311 contracts
Heaviest put OI
10.00
152 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
Pure Cycle Corporation Announces Receipt of Notice to Nominate Director Candidates
GlobeNewswire · 15d ago
From Oman to Utah: When It RAINs, It Pours for Investors
IPO-Edge.com · 15d ago
Weather Tech Meets Water Scarcity: Fireside with Rain Enhancement Technologies CEO Randy Seidl
IPO-Edge.com · 18d ago
Pure Cycle Spotlights Sky Ranch Cash Flows, Lowry Upside at Investor Day
MarketBeat · 38d ago
Pure Cycle Corp (PCYO) Q3 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
GuruFocus.com · 43d ago
Pure Cycle Q3 Earnings Call Highlights
MarketBeat · 44d ago
Pure Cycle Corporation Q3 2026 Earnings Call Summary
Moby · 44d ago
Pure Cycle Q3 Earnings, Revenue Rise
MT Newswires · 45d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.