Palatin Technologies, Inc. [NYSE:PTN]: Analyst Rating and Earnings
Expert stock traders often make certain they pay attention what leading Wall Street analysts think regarding a potential stock purchase. As it relates to Palatin Technologies, Inc. [PTN] currently, the latest ratings from Wall St. experts that can be seen publicly is related to the fiscal quarter that’s scheduled to end in June. On average, stock market experts give PTN an Buy rating. Its stock price has been found in the range of 0.59 to 1.74. This is compared to its latest closing price of $1.64.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Palatin Technologies, Inc. [PTN] is sitting at 1.33. This is compared to 1 month ago, when its average rating was 1.33.
Pay attention to the next-scheduled financial results for this company to be released, which is slated for Thu 12 Sep (In 118 Days).
Fundamental Analysis of Palatin Technologies, Inc. [PTN]
Now let’s turn to look at profitability: with a current Operating Margin for Palatin Technologies, Inc. [PTN] sitting at +38.62, this company’s Net Margin is now 1.20%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 122.87, and its Return on Invested Capital has reached 76.30%. Its Return on Equity is 226.63, and its Return on Assets is 51.54. These metrics suggest that this Palatin Technologies, Inc. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, Palatin Technologies, Inc. [PTN] has generated a Total Debt to Total Equity ratio of 23.30. Similarly, its Total Debt to Total Capital is 18.89, while its Total Debt to Total Assets stands at 16.10. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 1.23, and its Long-Term Debt to Total Capital is 1.00. This company has a healthy balance between its debt and its current holdings, suggesting it is a reliable investment due to its ability to leverage debt in an efficient way.
What about valuation? This company’s Enterprise Value to EBITDA is 9.88 and its Total Debt to EBITDA Value is 0.24. The Enterprise Value to Sales for this firm is now 12.43, and its Total Debt to Enterprise Value stands at 0.04. Palatin Technologies, Inc. [PTN] has a Price to Book Ratio of 7.21, a Price to Cash Flow Ratio of 117.88.
Shifting the focus to workforce efficiency, Palatin Technologies, Inc. [PTN] earns $3,533,408 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 8.88 and its Total Asset Turnover is 1.40. This publicly-traded organization’s liquidity data is also interesting: its Current Ratio is 3.58.
Palatin Technologies, Inc. [PTN] has 200.21M shares outstanding, amounting to a total market cap of $328.34M. Its stock price has been found in the range of 0.59 to 1.74. At its current price, it has moved by -1.15% from its 52-week high, and it has moved 191.53% from its 52-week low.
This stock’s Beta value is currently 1.97, which indicates that it is more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 90.00. This RSI suggests that Palatin Technologies, Inc. is currently Overbought.
Conclusion: Is Palatin Technologies, Inc. [PTN] a Reliable Buy?
Palatin Technologies, Inc. [PTN] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.