Mark Harding - Pure Cycle CEO
| PCYO Stock | USD 13.78 0.27 1.92% |
CEO
Mr. Mark W. Harding is a President, Chief Executive Officer, Chief Financial Officer, Director of the Company. Mr. Harding joined the Company in April 1990 as Corporationrationrate Secretary and Chief Financial Officer. He was appointed President of the Company in April 2001, CEO in April 2005, and a member of the board of directors in February 2004. Mr. Harding brings a background in investment banking and public finance, having worked from 1988 to 1990 for Price Waterhouses management consulting services where he assisted clients in public finance and other investment banking related services. Mr. Harding is the President and a board member of both the Rangeview Metropolitan District and the Sky Ranch Metropolitan District 5, and Vice President of the South Metro WISE Authority. In determining Mr. Hardings qualifications to be on the board of directors, the board of directors considered, among other things, that Mr. Harding serves on a number of advisory boards relating to water and wastewater issues in the Denver region, including a statewide roundtable created by the Colorado legislature charged with identifying ways in which Colorado can address the water shortages facing Front Range cities including Denver and Colorado Springs since 2005.
| Age | 61 |
| Tenure | 19 years |
| Address | 34501 E. Quincy Avenue, Watkins, CO, United States, 80137 |
| Phone | 303 292 3456 |
| Web | https://www.purecyclewater.com |
Mark Harding Latest Insider Activity
Tracking and analyzing the buying and selling activities of Mark Harding against Pure Cycle stock is an integral part of due diligence when investing in Pure Cycle. Mark Harding insider activity provides valuable insight into whether Pure Cycle is net buyers or sellers over its current business cycle. Note, Pure Cycle insiders must abide by specific rules, including filing SEC forms every time they buy or sell Pure Cycle'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Mark Harding over three weeks ago Disposition of 0000 shares by Mark Harding of Pure Cycle subject to Rule 16b-3 | ||
Mark Harding over three months ago Acquisition by Mark Harding of 30000 shares of Pure Cycle at 9.0 subject to Rule 16b-3 |
Pure Cycle Management Efficiency
The company has return on total asset (ROA) of 0.0545 % which means that it generated a profit of $0.0545 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0937 %, meaning that it created $0.0937 on every $100 dollars invested by stockholders. Pure Cycle's management efficiency ratios could be used to measure how well Pure Cycle manages its routine affairs as well as how well it operates its assets and liabilities. As of the 13th of December 2024, Return On Tangible Assets is likely to grow to 0.08. Also, Return On Capital Employed is likely to grow to 0.09. At this time, Pure Cycle's Return On Assets are very stable compared to the past year. As of the 13th of December 2024, Asset Turnover is likely to grow to 0.20, while Total Assets are likely to drop about 81.3 M.Similar Executives
| Found 5 records | CEO Age | ||
| Vito Pantilione | Parke Bancorp | 72 | |
| Ron Fleming | Global Water Resources | 44 | |
| Scott Slater | Cadiz Inc | 66 | |
| Lance Sellers | Peoples Bancorp of | 61 | |
| William Sr | Peoples Bancorp of | 55 | |
Management Performance
| Return On Equity | 0.0937 | ||||
| Return On Asset | 0.0545 |
Pure Cycle Leadership Team
Elected by the shareholders, the Pure Cycle's board of directors comprises two types of representatives: Pure Cycle inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pure. The board's role is to monitor Pure Cycle's management team and ensure that shareholders' interests are well served. Pure Cycle's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Pure Cycle's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Marc Spezialy, CFO VP | ||
| Mark Harding, CEO and President CFO, Principal Accounting Officer and Director | ||
| Dirk Lashnits, Vice Development | ||
| Kevin McNeill, VP CFO |
Pure Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Pure Cycle a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0937 | ||||
| Return On Asset | 0.0545 | ||||
| Profit Margin | 0.40 % | ||||
| Operating Margin | 0.62 % | ||||
| Current Valuation | 323.18 M | ||||
| Shares Outstanding | 24.07 M | ||||
| Shares Owned By Insiders | 3.43 % | ||||
| Shares Owned By Institutions | 67.37 % | ||||
| Number Of Shares Shorted | 285.51 K | ||||
| Price To Earning | 26.55 X |
Pair Trading with Pure Cycle
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pure Cycle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pure Cycle will appreciate offsetting losses from the drop in the long position's value.Moving together with Pure Stock
Moving against Pure Stock
| 0.7 | ED | Consolidated Edison Sell-off Trend | PairCorr |
| 0.7 | ES | Eversource Energy | PairCorr |
| 0.68 | SJW | SJW Group Common | PairCorr |
| 0.66 | CWT | California Water Service | PairCorr |
| 0.66 | FE | FirstEnergy | PairCorr |
The ability to find closely correlated positions to Pure Cycle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pure Cycle when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pure Cycle - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pure Cycle to buy it.
The correlation of Pure Cycle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pure Cycle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pure Cycle moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pure Cycle can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Cycle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. To learn how to invest in Pure Stock, please use our How to Invest in Pure Cycle guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Water Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pure Cycle. If investors know Pure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pure Cycle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.767 | Earnings Share 0.47 | Revenue Per Share 1.194 | Quarterly Revenue Growth 2.729 | Return On Assets 0.0545 |
The market value of Pure Cycle is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Cycle's value that differs from its market value or its book value, called intrinsic value, which is Pure Cycle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pure Cycle's market value can be influenced by many factors that don't directly affect Pure Cycle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pure Cycle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Cycle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Cycle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.