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After finishing at $16.96 in the prior trading day, Penguin Solutions Inc (NASDAQ: PENG) closed at $16.62, down -1.98%. In other words, the price has decreased by -$1.98 from its previous closing price. On the day, 0.74 million shares were traded.
Ratios:
Our goal is to gain a better understanding of PENG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.75. For the most recent quarter (mrq), Quick Ratio is recorded 1.75 and its Current Ratio is at 2.33. In the meantime, Its Debt-to-Equity ratio is 1.79 whereas as Long-Term Debt/Eq ratio is at 1.79.
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 this company, Loop Capital on January 07, 2025, initiated with a Buy rating and assigned the stock a target price of $30.
On November 18, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $23.
On November 01, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $21.Goldman initiated its Buy rating on November 01, 2024, with a $21 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 20 ’25 when Pacheco Jack A sold 6,667 shares for $22.14 per share. The transaction valued at 147,594 led to the insider holds 231,548 shares of the business.
Clark Joseph Gates sold 2,131 shares of PENG for $44,615 on Jan 23 ’25. The SVP and Pres, Optimized LED now owns 89,469 shares after completing the transaction at $20.94 per share. On Jan 23 ’25, another insider, JOSEPH CLARK, who serves as the Officer of the company, bought 2,131 shares for $21.34 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 2.22.
Stock Price History:
Over the past 52 weeks, PENG has reached a high of $29.81, while it has fallen to a 52-week low of $14.87. The 50-Day Moving Average of the stock is -16.78%, while the 200-Day Moving Average is calculated to be -17.53%.
Shares Statistics:
A total of 53.44M shares are outstanding, with a floating share count of 45.39M. Insiders hold about 14.83% of the company’s shares, while institutions hold 110.12% stake in the company.