Perimeter Solutions, SA (PRM) Soars 5.4%: Is Further Upside Left in the Stock?

Company Overview - Perimeter Solutions, SA (PRM) shares increased by 5.4% to close at $12.63, following a period of 7.1% loss over the past four weeks, indicating a significant recovery in trading volume [1] - The company's Specialty Products segment is experiencing strong growth due to recovery from de-stocking activities and increased purchases from high-quality specialty chemicals customers [2] Financial Performance - PRM is expected to report a quarterly loss of$ 0.10 per share, reflecting an 11.1% year-over-year decline, while revenues are projected to be $64.85 million, representing a 9.1% increase from the previous year [3] - The consensus EPS estimate for PRM has remained unchanged over the last 30 days, suggesting that the stock's price movement may not sustain without trends in earnings estimate revisions [4] Industry Context - Perimeter Solutions is part of the Zacks Chemical - Specialty industry, which is currently seeing favorable trends that are expected to drive demand for fire retardant products [2] - In comparison, Axalta Coating Systems (AXTA), another company in the same industry, has seen a 1.6% decline in its stock price and a 12.2% loss over the past month, with a consensus EPS estimate change of -4.3% [4][5]