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Paragon 28 Inc (NYSE: FNA) closed the day trading at $8.11 up 4.65% from the previous closing price of $7.75. In other words, the price has increased by $4.65 from its previous closing price. On the day, 0.76 million shares were traded. FNA stock price reached its highest trading level at $8.29 during the session, while it also had its lowest trading level at $7.75.
Ratios:
For a better understanding of FNA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.78 and its Current Ratio is at 3.57. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.67.
On April 11, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $23.
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 Mar 15 ’24 when DaCosta Albert bought 28,000 shares for $9.12 per share. The transaction valued at 255,226 led to the insider holds 5,339,110 shares of the business.
DaCosta Albert bought 30,500 shares of FNA for $259,555 on Nov 10 ’23. The insider now owns 5,311,110 shares after completing the transaction at $8.51 per share. On Jun 14 ’23, another insider, SCHNETTLER THOMAS P, who serves as the Director of the company, sold 6,900 shares for $18.54 each. As a result, the insider received 127,952 and left with 29,129 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, FNA now has a Market Capitalization of 672735808 and an Enterprise Value of 726356544. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 4.09. Its current Enterprise Value per Revenue stands at 3.222 whereas that against EBITDA is -28.164.
Stock Price History:
The Beta on a monthly basis for FNA is 1.05, which has changed by -0.5451486 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. Over the past 52 weeks, FNA has reached a high of $19.00, while it has fallen to a 52-week low of $7.61. The 50-Day Moving Average of the stock is -19.92%, while the 200-Day Moving Average is calculated to be -30.87%.
Shares Statistics:
Over the past 3-months, FNA traded about 566.02K shares per day on average, while over the past 10 days, FNA traded about 716090 shares per day. A total of 82.83M shares are outstanding, with a floating share count of 36.58M. Insiders hold about 55.90% of the company’s shares, while institutions hold 36.28% stake in the company. Shares short for FNA as of 1714435200 were 3897286 with a Short Ratio of 6.89, compared to 1711584000 on 2429800. Therefore, it implies a Short% of Shares Outstanding of 3897286 and a Short% of Float of 8.44.
Earnings Estimates
The current assessment of Paragon 28 Inc (FNA) involves the perspectives of 6.0 analysts closely monitoring its market dynamics.On average, analysts expect EPS of -$0.12 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.14, while EPS last year was -$0.11. The consensus estimate for the next quarter is -$0.17, with high estimates of -$0.15 and low estimates of -$0.19.
Analysts are recommending an EPS of between -$0.54 and -$0.65 for the fiscal current year, implying an average EPS of -$0.58. EPS for the following year is -$0.42, with 7.0 analysts recommending between -$0.32 and -$0.56.
Revenue Estimates
7 analysts predict $61.08M in revenue for the current quarter. It ranges from a high estimate of $60.98M to a low estimate of $58M. As of the current estimate, Paragon 28 Inc’s year-ago sales were $52.04MFor the next quarter, 7 analysts are estimating revenue of $60.07M. There is a high estimate of $60.6M for the next quarter, whereas the lowest estimate is $59.3M.
A total of 7 analysts have provided revenue estimates for FNA’s current fiscal year. The highest revenue estimate was $257.1M, while the lowest revenue estimate was $254M, resulting in an average revenue estimate of $255.73M. In the same quarter a year ago, actual revenue was $216.39MBased on 7 analysts’ estimates, the company’s revenue will be $301.76M in the next fiscal year. The high estimate is $305.2M and the low estimate is $299.1M.
