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The price of Penguin Solutions Inc (NASDAQ: PENG) closed at $16.51 in the last session, down -1.08% from day before closing price of $16.69. In other words, the price has decreased by -$1.08 from its previous closing price. On the day, 0.78 million shares were traded. PENG stock price reached its highest trading level at $16.79 during the session, while it also had its lowest trading level at $16.25.
Ratios:
We take a closer look at PENG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.35. For the most recent quarter (mrq), Quick Ratio is recorded 2.19 and its Current Ratio is at 2.65. In the meantime, Its Debt-to-Equity ratio is 1.85 whereas as Long-Term Debt/Eq ratio is at 1.83.
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, Goldman on November 01, 2024, initiated with a Buy rating and assigned the stock a target price of $21.
On October 16, 2024, Needham reiterated its Buy rating and also upped its target price recommendation from $35 to $25.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 20 ’24 when Pacheco Jack A sold 13,334 shares for $20.02 per share. The transaction valued at 266,951 led to the insider holds 211,896 shares of the business.
Pacheco Jack A sold 13,333 shares of PENG for $281,822 on Aug 20 ’24. The EVP, COO, Pres, Mem Solutions now owns 211,896 shares after completing the transaction at $21.14 per share. On Jul 26 ’24, another insider, Pacheco Jack A, who serves as the EVP, COO, Pres, Mem Solutions of the company, sold 13,333 shares for $23.16 each. As a result, the insider received 308,835 and left with 211,896 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, PENG now has a Market Capitalization of 879816256 and an Enterprise Value of 1216047744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 2.25. Its current Enterprise Value per Revenue stands at 1.039 whereas that against EBITDA is 11.924.
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 $14.47. The 50-Day Moving Average of the stock is -11.28%, while the 200-Day Moving Average is calculated to be -21.42%.
Shares Statistics:
According to the various share statistics, PENG traded on average about 964.28K shares per day over the past 3-months and 923090 shares per day over the past 10 days. A total of 53.28M shares are outstanding, with a floating share count of 51.35M. Insiders hold about 3.65% of the company’s shares, while institutions hold 105.05% stake in the company. Shares short for PENG as of 1728950400 were 6246860 with a Short Ratio of 6.48, compared to 1726185600 on 5597918. Therefore, it implies a Short% of Shares Outstanding of 6246860 and a Short% of Float of 17.02.
Earnings Estimates
The current assessment of Penguin Solutions Inc (PENG) involves the perspectives of 5.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.4, with high estimates of $0.44 and low estimates of $0.35.
Analysts are recommending an EPS of between $1.85 and $1.69 for the fiscal current year, implying an average EPS of $1.75. EPS for the following year is $2.2, with 4.0 analysts recommending between $2.37 and $2.05.
Revenue Estimates
For the next quarter, 5 analysts are estimating revenue of $325.52M. There is a high estimate of $334.4M for the next quarter, whereas the lowest estimate is $315M.
A total of 5 analysts have provided revenue estimates for PENG’s current fiscal year. The highest revenue estimate was $1.35B, while the lowest revenue estimate was $1.33B, resulting in an average revenue estimate of $1.34B. In the same quarter a year ago, actual revenue was $1.17BBased on 4 analysts’ estimates, the company’s revenue will be $1.48B in the next fiscal year. The high estimate is $1.55B and the low estimate is $1.45B.
