Patria Investments Ltd (NASDAQ: PAX) closed the day trading at $14.48 down -0.34% from the previous closing price of $14.53. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 667312 shares were traded.
Ratios:
For a better understanding of PAX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.39. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On May 21, 2021, Itau BBA started tracking the stock assigning a Outperform rating and target price of $21.Itau BBA initiated its Outperform rating on May 21, 2021, with a $21 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PAX now has a Market Capitalization of 2.15B and an Enterprise Value of 2.12B. As of this moment, Patria’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.14, and their Forward P/E ratio for the next fiscal year is 8.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.52 while its Price-to-Book (P/B) ratio in mrq is 3.96. Its current Enterprise Value per Revenue stands at 6.91 whereas that against EBITDA is 14.80.
Stock Price History:
Over the past 52 weeks, PAX has reached a high of $16.20, while it has fallen to a 52-week low of $12.81. The 50-Day Moving Average of the stock is 14.64, while the 200-Day Moving Average is calculated to be 14.60.
Shares Statistics:
Over the past 3-months, PAX traded about 248.55K shares per day on average, while over the past 10 days, PAX traded about 364.77k shares per day. A total of 55.31M shares are outstanding, with a floating share count of 54.86M. Insiders hold about 63.00% of the company’s shares, while institutions hold 34.05% stake in the company. Shares short for PAX as of Feb 29, 2024 were 969.39k with a Short Ratio of 3.90, compared to 1.02M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.65% and a Short% of Float of 3.06%.
Dividends & Splits
PAX’s forward annual dividend rate is 1.08, up from 0.98 a year ago. Against a Trailing Annual Dividend Yield of 6.77%, it implies a Forward Annual Dividend Yield of 11.03%.
Earnings Estimates
Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of $0.35 for the current quarter, with a high estimate of $0.38 and a low estimate of $0.32, while EPS last year was $0.27. The consensus estimate for the next quarter is $0.38, with high estimates of $0.42 and low estimates of $0.35.
Analysts are recommending an EPS of between $1.64 and $1.57 for the fiscal current year, implying an average EPS of $1.61. EPS for the following year is $1.87, with 3 analysts recommending between $2.04 and $1.71.
Revenue Estimates
2 analysts predict $75.91M in revenue for the current quarter. It ranges from a high estimate of $84.01M to a low estimate of $67.8M. As of the current estimate, Patria Investments Ltd’s year-ago sales were $58.5M, an estimated increase of 29.80% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $86.66M, an increase of 10.30% less than the figure of $29.80% in the same quarter last year. There is a high estimate of $103.82M for the next quarter, whereas the lowest estimate is $69.5M.
A total of 3 analysts have provided revenue estimates for PAX’s current fiscal year. The highest revenue estimate was $410.22M, while the lowest revenue estimate was $310.5M, resulting in an average revenue estimate of $359.57M. In the same quarter a year ago, actual revenue was $327.6M, up 9.80% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $433.12M in the next fiscal year. The high estimate is $478.84M and the low estimate is $387.4M. The average revenue growth estimate for next year is up 20.50% from the average revenue estimate for this year.
