Prothena Corporation plc (PRTA)’s financial ratios: A comprehensive overview

The closing price of Prothena Corporation plc (NASDAQ: PRTA) was $25.16 for the day, up 1.66% from the previous closing price of $24.75. In other words, the price has increased by $+0.41 from its previous closing price. On the day, 612088 shares were traded.

Ratios:

Our analysis of PRTA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 11.24 and its Current Ratio is at 11.24. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on January 30, 2024, Downgraded its rating to Neutral and sets its target price to $38 from $68 previously.

On December 12, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $62.

On April 24, 2023, SVB Securities started tracking the stock assigning a Outperform rating and target price of $80.SVB Securities initiated its Outperform rating on April 24, 2023, with a $80 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 24 ’24 when Walker Karin L sold 5,000 shares for $34.00 per share. The transaction valued at 170,000 led to the insider holds 0 shares of the business.

Walker Karin L sold 5,000 shares of PRTA for $185,952 on Dec 20 ’23. The Chief Accounting Officer now owns 0 shares after completing the transaction at $37.19 per share. On Nov 30 ’23, another insider, Walker Karin L, who serves as the Chief Accounting Officer of the company, sold 5,000 shares for $34.00 each. As a result, the insider received 170,000 and left with 0 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRTA now has a Market Capitalization of 1.35B and an Enterprise Value of 743.00M. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.79 while its Price-to-Book (P/B) ratio in mrq is 2.41. Its current Enterprise Value per Revenue stands at 8.13 whereas that against EBITDA is -3.91.

Stock Price History:

Over the past 52 weeks, PRTA has reached a high of $79.65, while it has fallen to a 52-week low of $24.28. The 50-Day Moving Average of the stock is 28.38, while the 200-Day Moving Average is calculated to be 44.72.

Shares Statistics:

PRTA traded an average of 832.11K shares per day over the past three months and 683.43k shares per day over the past ten days. A total of 53.68M shares are outstanding, with a floating share count of 46.39M. Insiders hold about 13.65% of the company’s shares, while institutions hold 98.80% stake in the company. Shares short for PRTA as of Feb 29, 2024 were 6.07M with a Short Ratio of 7.51, compared to 5.75M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.29% and a Short% of Float of 16.46%.

Earnings Estimates

The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of -$1.2 for the current quarter, with a high estimate of -$1.09 and a low estimate of -$1.42, while EPS last year was -$0.89. The consensus estimate for the next quarter is -$1.21, with high estimates of -$1.12 and low estimates of -$1.44.

Analysts are recommending an EPS of between -$4.38 and -$5.82 for the fiscal current year, implying an average EPS of -$4.92. EPS for the following year is -$4.3, with 10 analysts recommending between -$0.49 and -$6.51.

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