At the time of writing, Penumbra Inc [PEN] stock is trading at $275.84, up 2.85%. An important factor to consider is whether the stock is rising or falling in short-term value. The PEN shares have gain 9.08% over the last week, with a monthly amount glided 15.46%, 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 January 21, 2025, when UBS initiated its Buy rating and assigned the stock a price target of $305. Previously, Oppenheimer started tracking the stock with Outperform rating on December 17, 2024, and set its price target to $275. On December 11, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $275 on the stock. Stifel started tracking the stock assigning a Buy rating and suggested a price target of $238 on September 18, 2024. Leerink Partners initiated its recommendation with a Outperform and recommended $263 as its price target on September 03, 2024. Wells Fargo downgraded its rating to Equal Weight for this stock on July 31, 2024, and downed its price target to $150. In a note dated July 31, 2024, Citigroup downgraded an Neutral rating on this stock and boosted its target price from $165 to $178.
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 $275.84 at the most recent close of the market. An investor can expect a potential drop of -15.86% 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 268.75 points at the first support level, and at 261.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 280.41, and for the 2nd resistance point, it is at 284.98.
Ratios To Look Out For
It is important to note that Penumbra Inc [NYSE:PEN] has a current ratio of 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 9.10, the price to book ratio is 9.58 and price to earnings (TTM) ratio is 320.33.
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.
