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The price of Penguin Solutions Inc (NASDAQ: PENG) closed at $17.14 in the last session, up 0.12% from day before closing price of $17.12. In other words, the price has increased by $0.12 from its previous closing price. On the day, 0.82 million shares were traded. PENG stock price reached its highest trading level at $17.86 during the session, while it also had its lowest trading level at $16.9.
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 2.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.98. 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 Nov 14 ’24 when JOSEPH CLARK bought 2,264 shares for $17.12 per share.
Pacheco Jack A sold 13,334 shares of PENG for $266,951 on Sep 20 ’24. The EVP, COO, Pres, Mem Solutions now owns 211,896 shares after completing the transaction at $20.02 per share. On Aug 20 ’24, another insider, Pacheco Jack A, who serves as the EVP, COO, Pres, Mem Solutions of the company, sold 13,333 shares for $21.14 each. As a result, the insider received 281,822 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 913388864 and an Enterprise Value of 1249620352. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 2.33. Its current Enterprise Value per Revenue stands at 1.067 whereas that against EBITDA is 12.253.
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 -6.27%, while the 200-Day Moving Average is calculated to be -17.87%.
Shares Statistics:
According to the various share statistics, PENG traded on average about 960.94K shares per day over the past 3-months and 1101680 shares per day over the past 10 days. A total of 53.28M shares are outstanding, with a floating share count of 51.36M. Insiders hold about 3.62% of the company’s shares, while institutions hold 108.62% stake in the company. Shares short for PENG as of 1730332800 were 7621990 with a Short Ratio of 7.93, compared to 1727654400 on 6351961. Therefore, it implies a Short% of Shares Outstanding of 7621990 and a Short% of Float of 20.77.
Earnings Estimates
The stock of Penguin Solutions Inc (PENG) is currently drawing attention from 5.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.41, with high estimates of $0.44 and low estimates of $0.35.
Analysts are recommending an EPS of between $1.85 and $1.7 for the fiscal current year, implying an average EPS of $1.76. EPS for the following year is $2.2, with 4.0 analysts recommending between $2.37 and $2.05.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $320.17M. It ranges from a high estimate of $328.68M to a low estimate of $315M. As of the current estimate, Penguin Solutions Inc’s year-ago sales were $274.25MFor the next quarter, 4 analysts are estimating revenue of $323.3M. There is a high estimate of $329M for the next quarter, whereas the lowest estimate is $315M.
A total of 4 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.
