Penumbra Stock Short Ratio
| PEN Stock | USD 204.50 0.79 0.38% |
Penumbra fundamentals help investors to digest information that contributes to Penumbra's financial success or failures. It also enables traders to predict the movement of Penumbra Stock. The fundamental analysis module provides a way to measure Penumbra's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Penumbra stock.
Penumbra | Short Ratio |
Penumbra Company Short Ratio Analysis
Penumbra's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Penumbra Short Ratio | 5.22 X |
Most of Penumbra's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Penumbra is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Penumbra Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Penumbra is extremely important. It helps to project a fair market value of Penumbra Stock properly, considering its historical fundamentals such as Short Ratio. Since Penumbra's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Penumbra's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Penumbra's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Penumbra Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Penumbra has a Short Ratio of 5.22 times. This is 33.85% higher than that of the Health Care Equipment & Supplies sector and 38.46% higher than that of the Health Care industry. The short ratio for all United States stocks is 30.5% lower than that of the firm.
Penumbra Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Penumbra's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Penumbra could also be used in its relative valuation, which is a method of valuing Penumbra by comparing valuation metrics of similar companies.Penumbra is currently under evaluation in short ratio category among related companies.
Penumbra Current Valuation Drivers
We derive many important indicators used in calculating different scores of Penumbra from analyzing Penumbra's financial statements. These drivers represent accounts that assess Penumbra's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Penumbra's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.4B | 5.7B | 10.6B | 8.4B | 9.7B | 10.1B | |
| Enterprise Value | 4.3B | 5.7B | 10.7B | 8.6B | 9.7B | 10.2B |
Penumbra Institutional Holders
Institutional Holdings refers to the ownership stake in Penumbra that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Penumbra's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Penumbra's value.| Shares | Capital World Investors | 2023-12-31 | 543.3 K | Rock Springs Capital Management Lp | 2023-12-31 | 537.5 K | Champlain Investment Partners, Llc | 2023-12-31 | 467.9 K | Amvescap Plc. | 2023-12-31 | 378.7 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 365 K | Eagle Asset Management, Inc. | 2023-12-31 | 350.1 K | Norges Bank | 2023-12-31 | 338.8 K | Bank Of New York Mellon Corp | 2023-12-31 | 336.9 K | Northern Trust Corp | 2023-12-31 | 271.9 K | Fmr Inc | 2023-12-31 | 5.8 M | Blackrock Inc | 2023-12-31 | 4 M |
Penumbra Fundamentals
| Return On Equity | 0.0835 | ||||
| Return On Asset | 0.0392 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 7.55 B | ||||
| Shares Outstanding | 38.76 M | ||||
| Shares Owned By Insiders | 3.82 % | ||||
| Shares Owned By Institutions | 89.40 % | ||||
| Number Of Shares Shorted | 1.94 M | ||||
| Price To Earning | 191.13 X | ||||
| Price To Book | 7.14 X | ||||
| Price To Sales | 7.95 X | ||||
| Revenue | 1.06 B | ||||
| Gross Profit | 535.21 M | ||||
| EBITDA | 126.86 M | ||||
| Net Income | 90.95 M | ||||
| Cash And Equivalents | 69.86 M | ||||
| Cash Per Share | 5.39 X | ||||
| Total Debt | 234.34 M | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 4.93 X | ||||
| Book Value Per Share | 30.48 X | ||||
| Cash Flow From Operations | 97.33 M | ||||
| Short Ratio | 5.22 X | ||||
| Earnings Per Share | 2.32 X | ||||
| Price To Earnings To Growth | (62.27) X | ||||
| Target Price | 277.38 | ||||
| Number Of Employees | 4.2 K | ||||
| Beta | 0.53 | ||||
| Market Capitalization | 7.65 B | ||||
| Total Asset | 1.56 B | ||||
| Retained Earnings | 134.86 M | ||||
| Working Capital | 764.26 M | ||||
| Current Asset | 244.36 M | ||||
| Current Liabilities | 28.15 M | ||||
| Net Asset | 1.56 B |
About Penumbra Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Penumbra's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Penumbra using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Penumbra based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Penumbra Piotroski F Score and Penumbra Altman Z Score analysis. To learn how to invest in Penumbra Stock, please use our How to Invest in Penumbra guide.Note that the Penumbra information on this page should be used as a complementary analysis to other Penumbra's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Penumbra Stock analysis
When running Penumbra's price analysis, check to measure Penumbra'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 Penumbra is operating at the current time. Most of Penumbra's value examination focuses on studying past and present price action to predict the probability of Penumbra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Penumbra's price. Additionally, you may evaluate how the addition of Penumbra to your portfolios can decrease your overall portfolio volatility.
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Is Penumbra'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 Penumbra. If investors know Penumbra 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 Penumbra 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 12.519 | Earnings Share 2.32 | Revenue Per Share 27.565 | Quarterly Revenue Growth 0.287 | Return On Assets 0.0392 |
The market value of Penumbra is measured differently than its book value, which is the value of Penumbra that is recorded on the company's balance sheet. Investors also form their own opinion of Penumbra's value that differs from its market value or its book value, called intrinsic value, which is Penumbra'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 Penumbra's market value can be influenced by many factors that don't directly affect Penumbra'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 Penumbra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penumbra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penumbra'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.