At the time of writing, Penumbra Inc [PEN] stock is trading at $261.77, up 3.51%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PEN shares have gain 3.78% over the last week, with a monthly amount glided 3.77%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Penumbra Inc [NYSE: PEN] stock has seen the most recent analyst activity on December 17, 2024, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $275. Previously, Wells Fargo upgraded its rating to Overweight on December 11, 2024, and elevated its price target to $275. On September 18, 2024, Stifel initiated with a Buy rating and assigned a price target of $238 on the stock. Leerink Partners started tracking the stock assigning a Outperform rating and suggested a price target of $263 on September 03, 2024. Wells Fargo downgraded its rating to a Equal Weight and reduced its price target to $150 on July 31, 2024. Citigroup downgraded its rating to Neutral for this stock on July 31, 2024, and upped its price target to $178. In a note dated February 23, 2024, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $284 to $250.
For the past year, the stock price of Penumbra Inc fluctuated between $148.00 and $277.34. Currently, Wall Street analysts expect the stock to reach $232.09 within the next 12 months. Penumbra Inc [NYSE: PEN] shares were valued at $261.77 at the most recent close of the market. An investor can expect a potential drop of -11.34% based on the average PEN price forecast.
Analyzing the PEN fundamentals
According to Penumbra Inc [NYSE:PEN], the company’s sales were 1.16B for trailing twelve months, which represents an 11.11% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.21.
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 256.22 points at the first support level, and at 250.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 265.03, and for the 2nd resistance point, it is at 268.29.
Ratios To Look Out For
It is important to note that Penumbra Inc [NYSE:PEN] has a current ratio of 5.82. Also, the Quick Ratio is 3.25, while the Cash Ratio stands at 1.83. Considering the valuation of this stock, the price to sales ratio is 8.63, the price to book ratio is 9.09 and price to earnings (TTM) ratio is 303.99.
Transactions by insiders
Recent insider trading involved Grewal Harpreet, Director, that happened on Jan 03 ’25 when 167.0 shares were sold. Director, Kassing Don W. completed a deal on Jan 02 ’25 to sell 170.0 shares. Meanwhile, Director Grewal Harpreet bought 167.0 shares on Jan 03 ’25.
