Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, Penguin Solutions Inc’s stock clocked out at $19.46, down -1.02% from its previous closing price of $19.66. In other words, the price has decreased by -$1.02 from its previous closing price. On the day, 1.32 million shares were traded. PENG stock price reached its highest trading level at $19.89 during the session, while it also had its lowest trading level at $19.28.
Ratios:
To gain a deeper understanding of PENG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.28. 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, JMP Securities on November 18, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $23.
On November 01, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $21.
Needham reiterated its Buy rating for the stock on October 16, 2024, while the target price for the stock was revised from $35 to $25.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 14 ’24 when Clark Joseph Gates sold 2,264 shares for $17.50 per share. The transaction valued at 39,620 led to the insider holds 95,999 shares of the business.
JOSEPH CLARK bought 2,264 shares of PENG for $38,760 on Nov 14 ’24. On Sep 20 ’24, another insider, Pacheco Jack A, who serves as the EVP, COO, Pres, Mem Solutions of the company, sold 13,334 shares for $20.02 each. As a result, the insider received 266,951 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 1037021376 and an Enterprise Value of 1373252864. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 2.65. Its current Enterprise Value per Revenue stands at 1.173 whereas that against EBITDA is 13.466.
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 8.29%, while the 200-Day Moving Average is calculated to be -5.80%.
Shares Statistics:
It appears that PENG traded 957.76K shares on average per day over the past three months and 766080 shares per day over the past ten 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 106.60% stake in the company. Shares short for PENG as of 1731628800 were 7072976 with a Short Ratio of 7.38, compared to 1728950400 on 6246860. Therefore, it implies a Short% of Shares Outstanding of 7072976 and a Short% of Float of 19.27.
