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As of close of business last night, Penumbra Inc’s stock clocked out at $189.26, up 3.36% from its previous closing price of $183.10. In other words, the price has increased by $3.36 from its previous closing price. On the day, 0.52 million shares were traded. PEN stock price reached its highest trading level at $192.02 during the session, while it also had its lowest trading level at $184.19.
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 21.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 66.42. For the most recent quarter (mrq), Quick Ratio is recorded 3.77 and its Current Ratio is at 6.25. In the meantime, Its Debt-to-Equity ratio is 0.20 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, Wells Fargo on July 31, 2024, Downgraded its rating to Equal Weight and sets its target price to $150 from $289 previously.
On July 31, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $165 to $178.
JP Morgan Downgraded its Overweight to Neutral on February 23, 2024, whereas the target price for the stock was revised from $284 to $250.
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 Aug 13 ’24 when Roberts Johanna sold 600 shares for $175.98 per share. The transaction valued at 105,587 led to the insider holds 61,688 shares of the business.
Elsesser Adam sold 15,000 shares of PEN for $3,037,744 on Jul 17 ’24. The CEO and President now owns 927,582 shares after completing the transaction at $202.52 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 7351596544 and an Enterprise Value of 7001447936. As of this moment, Penumbra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 552.75, and their Forward P/E ratio for the next fiscal year is 52.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 16.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.48 while its Price-to-Book (P/B) ratio in mrq is 6.33. Its current Enterprise Value per Revenue stands at 6.176 whereas that against EBITDA is 66.307.
Stock Price History:
The Beta on a monthly basis for PEN is 0.52, which has changed by -0.27115673 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, PEN has reached a high of $302.00, while it has fallen to a 52-week low of $148.00. The 50-Day Moving Average of the stock is 3.93%, while the 200-Day Moving Average is calculated to be -12.65%.
Shares Statistics:
It appears that PEN traded 425.86K shares on average per day over the past three months and 581640 shares per day over the past ten days. A total of 38.68M shares are outstanding, with a floating share count of 37.45M. Insiders hold about 3.60% of the company’s shares, while institutions hold 93.33% stake in the company. Shares short for PEN as of 1722384000 were 2288134 with a Short Ratio of 5.37, compared to 1719532800 on 2512315. Therefore, it implies a Short% of Shares Outstanding of 2288134 and a Short% of Float of 8.3000004.
Earnings Estimates
The performance of Penumbra Inc (PEN) in the stock market is under the watchful eye of 15.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.86, with high estimates of $1.12 and low estimates of $0.73.
Analysts are recommending an EPS of between $3.02 and $2.51 for the fiscal current year, implying an average EPS of $2.62. EPS for the following year is $3.58, with 16.0 analysts recommending between $3.94 and $2.97.
Revenue Estimates
For the next quarter, 14 analysts are estimating revenue of $312.17M. There is a high estimate of $318.95M for the next quarter, whereas the lowest estimate is $307M.
A total of 15 analysts have provided revenue estimates for PEN’s current fiscal year. The highest revenue estimate was $1.2B, while the lowest revenue estimate was $1.18B, resulting in an average revenue estimate of $1.19B. In the same quarter a year ago, actual revenue was $1.06BBased on 15 analysts’ estimates, the company’s revenue will be $1.36B in the next fiscal year. The high estimate is $1.41B and the low estimate is $1.33B.
