Paragon 28 Inc [FNA] stock prices are up 0.19% to $10.47 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FNA shares have gain 2.65% over the last week, with a monthly amount glided 3.46%, and seem to be holding up well over a long-time horizon.
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On 4, April 2024, Paragon 28 Announces CFO Transition, Provides Preliminary Unaudited Net Revenue for First Quarter 2024, and Reaffirms Net Revenue Guidance for Fiscal Year 2024. In a post published today on Yahoo Finance, Stephen Deitsch resigns from his position as Chief Financial Officer to pursue another opportunity; Kristina Wright appointed interim Chief Financial Officer.
From an analyst’s perspective:
Previously, Stephens started tracking the stock with Overweight rating on April 11, 2023, and set its price target to $23.
The stock price of Paragon 28 Inc [FNA] has been fluctuating between $7.95 and $19.72 over the past year. Currently, Wall Street analysts expect the stock to reach $30 within the next 12 months. Paragon 28 Inc [NYSE: FNA] shares were valued at $10.47 at the most recent close of the market. An investor can expect a potential return of 186.53% based on the average FNA price forecast.
Analyzing the FNA fundamentals
The Paragon 28 Inc [NYSE:FNA] reported sales of 216.39M for trailing twelve months, representing a surge of 17.58%. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -0.25 and Total Capital is -0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.62.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.15 points at the first support level, and at 9.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.90, and for the 2nd resistance point, it is at 11.34.
Paragon 28 Inc [FNA] reported earnings per share of -$0.23 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.09/share, meaning a difference of -$0.14 and a surprise factor of -155.60%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.1 per share as compared to estimates of -$0.1 per share, a difference of $0 representing a surprise of 0.00%.
Ratios To Look Out For
It’s worth pointing out that Paragon 28 Inc [NYSE:FNA]’s Current Ratio is 4.21. Also, the Quick Ratio is 2.30, while the Cash Ratio stands at 1.48. Considering the valuation of this stock, the price to sales ratio is 4.01, the price to book ratio is 4.88.
Transactions by insiders
Recent insider trading involved DaCosta Albert,, that happened on Mar 15 ’24 when 28000.0 shares were purchased., DaCosta Albert completed a deal on Nov 10 ’23 to buy 30500.0 shares. Meanwhile, Director SCHNETTLER THOMAS P sold 6900.0 shares on Jun 14 ’23.
