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As of close of business last night, Penumbra Inc’s stock clocked out at $178.38, down -0.03% from its previous closing price of $178.43. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 0.67 million shares were traded. PEN stock price reached its highest trading level at $181.75 during the session, while it also had its lowest trading level at $174.05.
Ratios:
To gain a deeper understanding of PEN’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 22.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 65.62. For the most recent quarter (mrq), Quick Ratio is recorded 3.51 and its Current Ratio is at 6.12. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.18.
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 the company, JP Morgan on February 23, 2024, Downgraded its rating to Neutral and sets its target price to $250 from $284 previously.
On September 06, 2023, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $265.
On July 19, 2023, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $375.Robert W. Baird initiated its Outperform rating on July 19, 2023, with a $375 target price.
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 Jul 17 ’24 when Elsesser Adam sold 15,000 shares for $202.52 per share. The transaction valued at 3,037,744 led to the insider holds 927,582 shares of the business.
Roberts Johanna sold 600 shares of PEN for $107,519 on Jul 01 ’24. The EVP, Gen. Counsel & Secretary now owns 62,288 shares after completing the transaction at $179.20 per share. On Jul 01 ’24, another insider, Kassing Don W., who serves as the Director of the company, sold 170 shares for $179.99 each. As a result, the insider received 30,598 and left with 1,005 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, PEN now has a Market Capitalization of 6914883072 and an Enterprise Value of 6832846848. As of this moment, Penumbra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 75.02, and their Forward P/E ratio for the next fiscal year is 46.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.31 while its Price-to-Book (P/B) ratio in mrq is 5.74. Its current Enterprise Value per Revenue stands at 6.236 whereas that against EBITDA is 56.117.
Stock Price History:
Over the past 52 weeks, PEN has reached a high of $310.51, while it has fallen to a 52-week low of $170.59. The 50-Day Moving Average of the stock is -5.05%, while the 200-Day Moving Average is calculated to be -18.45%.
Shares Statistics:
It appears that PEN traded 353.45K shares on average per day over the past three months and 426360 shares per day over the past ten days. A total of 38.68M shares are outstanding, with a floating share count of 37.37M. Insiders hold about 3.60% of the company’s shares, while institutions hold 88.91% stake in the company. Shares short for PEN as of 1721001600 were 2507377 with a Short Ratio of 7.09, compared to 1718323200 on 2374934. Therefore, it implies a Short% of Shares Outstanding of 2507377 and a Short% of Float of 9.120000000000001.
Earnings Estimates
The current rating of Penumbra Inc (PEN) reflects the combined expertise of 15.0 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of $0.56 for the current quarter, with a high estimate of $0.61 and a low estimate of $0.51, while EPS last year was $0.43. The consensus estimate for the next quarter is $0.88, with high estimates of $0.95 and low estimates of $0.83.
Analysts are recommending an EPS of between $3.04 and $2.69 for the fiscal current year, implying an average EPS of $2.87. EPS for the following year is $3.84, with 16.0 analysts recommending between $4.11 and $3.43.
Revenue Estimates
In the current quarter, 15 analysts expect revenue to total $298.36M. It ranges from a high estimate of $304M to a low estimate of $294.3M. As of the current estimate, Penumbra Inc’s year-ago sales were $253.22MFor the next quarter, 15 analysts are estimating revenue of $321.2M. There is a high estimate of $327.3M for the next quarter, whereas the lowest estimate is $314.8M.
A total of 16 analysts have provided revenue estimates for PEN’s current fiscal year. The highest revenue estimate was $1.25B, while the lowest revenue estimate was $1.24B, resulting in an average revenue estimate of $1.24B. In the same quarter a year ago, actual revenue was $1.06BBased on 16 analysts’ estimates, the company’s revenue will be $1.44B in the next fiscal year. The high estimate is $1.48B and the low estimate is $1.41B.
