Currently, Penumbra Inc [PEN] is trading at $233.30, up 1.94%. An important factor to consider is whether the stock is rising or falling in short-term value. The PEN shares have gain 13.97% over the last week, with a monthly amount glided 19.65%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Penumbra Inc [NYSE: PEN] stock has seen the most recent analyst activity on September 18, 2024, when Stifel initiated its Buy rating and assigned the stock a price target of $238. Previously, Leerink Partners started tracking the stock with Outperform rating on September 03, 2024, and set its price target to $263. On July 31, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $150 on the stock. Citigroup downgraded its rating to a Neutral and increased its price target to $178 on July 31, 2024. JP Morgan downgraded its rating to a Neutral and reduced its price target to $250 on February 23, 2024. Morgan Stanley started tracking with a Equal-Weight rating for this stock on September 06, 2023, and assigned it a price target of $265. In a note dated July 19, 2023, Robert W. Baird initiated an Outperform rating and provided a target price of $375 on this stock.
This stock has fluctuated between a low of $148.00 and a high of $277.34 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $224.85 within the next 12 months. Penumbra Inc [NYSE: PEN] shares were valued at $233.30 at the most recent close of the market. An investor can expect a potential drop of -3.62% based on the average PEN price forecast.
Analyzing the PEN fundamentals
Trailing Twelve Months sales for Penumbra Inc [NYSE:PEN] were 1.16B which represents 11.11% growth. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.
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 228.63 points at the first support level, and at 223.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 237.26, and for the 2nd resistance point, it is at 241.23.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Penumbra Inc [NYSE:PEN] is 5.82. On the other hand, the Quick Ratio is 3.25, and the Cash Ratio is 1.83. Considering the valuation of this stock, the price to sales ratio is 7.84, the price to book ratio is 8.10 and price to earnings (TTM) ratio is 270.93.
Transactions by insiders
Recent insider trading involved Elsesser Adam, CEO and President, that happened on Oct 21 ’24 when 15000.0 shares were sold. Director, Grewal Harpreet completed a deal on Oct 02 ’24 to sell 166.0 shares. Meanwhile, EVP, Gen. Counsel & Secretary Roberts Johanna sold 600.0 shares on Oct 01 ’24.
