Penumbra Inc [PEN] stock is trading at $210.12, up 6.35%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PEN shares have gain 10.29% over the last week, with a monthly amount glided 10.53%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Penumbra Inc [NYSE: PEN] stock has seen the most recent analyst activity on July 31, 2024, when Wells Fargo downgraded its rating to a Equal Weight and also revised its price target to $150 from $289. Previously, Citigroup downgraded its rating to Neutral on July 31, 2024, and elevated its price target to $178. On February 23, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $250 on the stock. Morgan Stanley started tracking the stock assigning a Equal-Weight rating and suggested a price target of $265 on September 06, 2023. Robert W. Baird initiated its recommendation with a Outperform and recommended $375 as its price target on July 19, 2023. Needham downgraded its rating to Hold for this stock on March 29, 2023. In a note dated January 30, 2023, Piper Sandler initiated an Overweight rating and provided a target price of $275 on this stock.
Penumbra Inc [PEN] stock has fluctuated between $148.00 and $302.00 over the past year. Currently, Wall Street analysts expect the stock to reach $213.38 within the next 12 months. Penumbra Inc [NYSE: PEN] shares were valued at $210.12 at the most recent close of the market. An investor can expect a potential return of 1.55% based on the average PEN price forecast.
Analyzing the PEN fundamentals
Penumbra Inc [NYSE:PEN] reported sales of 1.13B for the trailing twelve months, which represents a growth of 14.49%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.
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 202.13 points at the first support level, and at 194.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 214.65, and for the 2nd resistance point, it is at 219.18.
Ratios To Look Out For
For context, Penumbra Inc’s Current Ratio is 6.25. In addition, the Quick Ratio stands at 3.77 and the Cash Ratio stands at 1.91. Considering the valuation of this stock, the price to sales ratio is 7.20, the price to book ratio is 7.03 and price to earnings (TTM) ratio is 613.67.
Transactions by insiders
Recent insider trading involved Adam Elsesser, Affiliate, that happened on Aug 22 ’24 when 60000.0 shares were purchased. EVP, Gen. Counsel & Secretary, Roberts Johanna completed a deal on Aug 13 ’24 to sell 600.0 shares. Meanwhile, CEO and President Elsesser Adam sold 15000.0 shares on Jul 17 ’24.
