As of close of business last night, Paragon 28 Inc’s stock clocked out at $10.39, up 1.86% from its previous closing price of $10.20. On the day, 849431 shares were traded.
Ratios:
To gain a deeper understanding of FNA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.30 and its Current Ratio is at 4.21. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.62.
On April 11, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $23.
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 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 860.68M and an Enterprise Value of 895.48M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.98 while its Price-to-Book (P/B) ratio in mrq is 4.84. Its current Enterprise Value per Revenue stands at 4.14 whereas that against EBITDA is -33.26.
Stock Price History:
Over the past 52 weeks, FNA has reached a high of $19.72, while it has fallen to a 52-week low of $7.95. The 50-Day Moving Average of the stock is 11.93, while the 200-Day Moving Average is calculated to be 12.70.
Shares Statistics:
It appears that FNA traded 530.79K shares on average per day over the past three months and 776.98k shares per day over the past ten days. A total of 82.83M shares are outstanding, with a floating share count of 36.45M. Insiders hold about 55.99% of the company’s shares, while institutions hold 36.24% stake in the company. Shares short for FNA as of Mar 15, 2024 were 1.86M with a Short Ratio of 3.51, compared to 1.59M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.25% and a Short% of Float of 4.23%.
Earnings Estimates
As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.12 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.16, while EPS last year was -$0.11. The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.08 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.31 and -$0.5 for the fiscal current year, implying an average EPS of -$0.44. EPS for the following year is -$0.31, with 7 analysts recommending between -$0.2 and -$0.41.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $58.95M. It ranges from a high estimate of $60.9M to a low estimate of $58M. As of the current estimate, Paragon 28 Inc’s year-ago sales were $52.04M, an estimated increase of 13.30% from the year-ago figure.
A total of 7 analysts have provided revenue estimates for FNA’s current fiscal year. The highest revenue estimate was $257.7M, while the lowest revenue estimate was $252.6M, resulting in an average revenue estimate of $254.44M. In the same quarter a year ago, actual revenue was $216.39M, up 17.60% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $300.39M in the next fiscal year. The high estimate is $306M and the low estimate is $295.4M. The average revenue growth estimate for next year is up 18.10% from the average revenue estimate for this year.
