Putnam Managed Municipal Stock Today

PMM Stock  USD 5.89  0.01  0.17%   

Performance

0 of 100

 
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Odds Of Distress

Less than 1

 
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Putnam Managed is selling at 5.89 as of the 18th of April 2024; that is -0.17 percent down since the beginning of the trading day. The stock's lowest day price was 5.89. Putnam Managed has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Putnam Managed Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of May 2023 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
30th of June 1989
Classification
Financials
Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. Putnam Managed Municipal Income Trust was formed on February 24, 1989 and is domiciled in the United States. Putnam Managed operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 47.1 M outstanding shares of which 59.48 K shares are at this time shorted by investors with about 0.45 days to cover. More on Putnam Managed Municipal

Moving against Putnam Stock

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Putnam Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Putnam Managed's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Putnam Managed or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanJameson Baxter
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Financial Strength
Based on the measurements of operating efficiency obtained from Putnam Managed's historical financial statements, Putnam Managed Municipal is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Putnam Managed Municipal is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.70.83
Fairly Down
Pretty Stable
Total Current Liabilities19.9 M19 M
Sufficiently Up
Slightly volatile
Non Current Liabilities TotalM2.1 M
Notably Down
Pretty Stable
Total Assets427.6 M367.7 M
Fairly Up
Slightly volatile
Total Current Assets24.1 M23 M
Sufficiently Up
Slightly volatile
Putnam Managed's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Putnam Managed's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Putnam Managed's financial leverage. It provides some insight into what part of Putnam Managed's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Putnam Managed's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Putnam Managed deploys its capital and how much of that capital is borrowed.
Liquidity
Putnam Managed cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 40.57 M in debt with debt to equity (D/E) ratio of 0.12, which may show that the company is not taking advantage of profits from borrowing. Putnam Managed Municipal has a current ratio of 0.65, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Putnam Managed until it has trouble settling it off, either with new capital or with free cash flow. So, Putnam Managed's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Putnam Managed Municipal sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Putnam to invest in growth at high rates of return. When we think about Putnam Managed's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

222,528
Putnam Managed Municipal (PMM) is traded on New York Stock Exchange in USA. It is located in 100 Federal Street, Boston, MA, United States, 02110 and employs 34 people. Putnam Managed is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 277.88 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Putnam Managed's market, we take the total number of its shares issued and multiply it by Putnam Managed's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Putnam Managed Municipal runs under Capital Markets sector within Financials industry. The entity has 47.1 M outstanding shares of which 59.48 K shares are at this time shorted by investors with about 0.45 days to cover. Putnam Managed Municipal has about 1.77 M in cash with 26.22 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Putnam Managed Probability Of Bankruptcy
Ownership Allocation
Putnam Managed Municipal has a total of 47.1 Million outstanding shares. Roughly 84.0 pct. of Putnam Managed outstanding shares are held by general public with 0.01399999999999999 % owned by insiders and only 16.31 (%) by third-party entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Putnam Ownership Details

Putnam Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Putnam Managed jumping above the current price in 90 days from now is close to 99%. The Putnam Managed Municipal probability density function shows the probability of Putnam Managed stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Putnam Managed Municipal has a beta of -0.0018 indicating as returns on the benchmark increase, returns on holding Putnam Managed are expected to decrease at a much lower rate. During a bear market, however, Putnam Managed Municipal is likely to outperform the market. Additionally, putnam Managed Municipal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 5.89HorizonTargetOdds Above 5.89
0.86%90 days
 5.89 
99.09%
Based on a normal probability distribution, the odds of Putnam Managed to move above the current price in 90 days from now is close to 99 (This Putnam Managed Municipal probability density function shows the probability of Putnam Stock to fall within a particular range of prices over 90 days) .

Putnam Managed Historical Income Statement

Putnam Managed Municipal Income Statement is one of the three primary financial statements used for reporting Putnam's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Putnam Managed Municipal revenue and expense. Putnam Managed Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Putnam Managed's Income Before Tax is very stable compared to the past year. As of the 18th of April 2024, Net Income is likely to grow to about 11.7 M, while Net Income From Continuing Ops is likely to drop about 6.4 M. View More Fundamentals

Putnam Stock Against Markets

Picking the right benchmark for Putnam Managed stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Putnam Managed stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Putnam Managed is critical whether you are bullish or bearish towards Putnam Managed Municipal at a given time. Please also check how Putnam Managed's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Putnam Managed without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Putnam Stock?

Before investing in Putnam Managed, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Putnam Managed. To buy Putnam Managed stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Putnam Managed. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Putnam Managed stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Putnam Managed Municipal stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Putnam Managed Municipal stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Putnam Managed Municipal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Putnam Stock please use our How to Invest in Putnam Managed guide.

Already Invested in Putnam Managed Municipal?

The danger of trading Putnam Managed Municipal is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Putnam Managed is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Putnam Managed. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Putnam Managed Municipal is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Putnam Managed Municipal is a strong investment it is important to analyze Putnam Managed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Putnam Managed's future performance. For an informed investment choice regarding Putnam Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Managed Municipal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running Putnam Managed's price analysis, check to measure Putnam Managed's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Putnam Managed is operating at the current time. Most of Putnam Managed's value examination focuses on studying past and present price action to predict the probability of Putnam Managed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Putnam Managed's price. Additionally, you may evaluate how the addition of Putnam Managed to your portfolios can decrease your overall portfolio volatility.
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Is Putnam Managed's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Putnam Managed. If investors know Putnam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Putnam Managed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.91)
Dividend Share
0.327
Earnings Share
0.23
Revenue Per Share
0.41
Quarterly Revenue Growth
0.024
The market value of Putnam Managed Municipal is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam Managed's value that differs from its market value or its book value, called intrinsic value, which is Putnam Managed's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Putnam Managed's market value can be influenced by many factors that don't directly affect Putnam Managed's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Putnam Managed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Managed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Managed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.