Protagonist Therapeutics Stock Buy Hold or Sell Recommendation
| PTGX Stock | USD 43.17 3.33 7.16% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Protagonist Therapeutics is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Protagonist Therapeutics given historical horizon and risk tolerance towards Protagonist Therapeutics. When Macroaxis issues a 'buy' or 'sell' recommendation for Protagonist Therapeutics, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Protagonist Therapeutics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Protagonist Stock please use our How to Invest in Protagonist Therapeutics guide. In addition, we conduct extensive research on individual companies such as Protagonist and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Protagonist Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Protagonist |
Execute Protagonist Therapeutics Buy or Sell Advice
The Protagonist recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Protagonist Therapeutics. Macroaxis does not own or have any residual interests in Protagonist Therapeutics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Protagonist Therapeutics' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Protagonist Therapeutics Trading Alerts and Improvement Suggestions
| The company reported the previous year's revenue of 60 M. Net Loss for the year was (78.95 M) with profit before overhead, payroll, taxes, and interest of 26.58 M. | |
| Protagonist Therapeutics currently holds about 291.89 M in cash with (70.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.95. | |
| Protagonist Therapeutics has a frail financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Protagonist Therapeutics earnings beat by 0.04, revenue topped estimates |
Protagonist Therapeutics Returns Distribution Density
The distribution of Protagonist Therapeutics' historical returns is an attempt to chart the uncertainty of Protagonist Therapeutics' future price movements. The chart of the probability distribution of Protagonist Therapeutics daily returns describes the distribution of returns around its average expected value. We use Protagonist Therapeutics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Protagonist Therapeutics returns is essential to provide solid investment advice for Protagonist Therapeutics.
| Mean Return | 0.11 | Value At Risk | -2.9 | Potential Upside | 3.07 | Standard Deviation | 2.11 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Protagonist Therapeutics historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Protagonist Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Protagonist Therapeutics, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Protagonist Therapeutics back and forth among themselves.
| Shares | Perceptive Advisors Llc | 2024-06-30 | 1.3 M | T. Rowe Price Associates, Inc. | 2024-06-30 | 1.2 M | Cowen And Company, Llc | 2024-06-30 | 1.2 M | Millennium Management Llc | 2024-06-30 | 958.3 K | Fairmount Funds Management Llc | 2024-06-30 | 931.9 K | Point72 Asset Management, L.p. | 2024-06-30 | 909.7 K | Deutsche Bank Ag | 2024-06-30 | 908.3 K | Woodline Partners Lp | 2024-06-30 | 822.2 K | Kynam Capital Management, Lp | 2024-06-30 | 800 K | Farallon Capital Management, L.l.c. | 2024-06-30 | 5.8 M | Blackrock Inc | 2024-06-30 | 5.8 M |
Protagonist Therapeutics Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (52.7M) | (90.5M) | (14.8M) | 92.3M | 26.0M | 27.3M | |
| Change In Cash | (49.2M) | 84.4M | 6.1M | 2.1M | 61.0M | 64.0M | |
| Free Cash Flow | (42.5M) | (73.0M) | (109.0M) | (108.9M) | (70.8M) | (74.4M) | |
| Depreciation | 2.5M | 2.6M | 2.8M | 3.4M | 3.3M | 1.8M | |
| Other Non Cash Items | (557K) | 781K | 1.8M | (549K) | (7.2M) | (6.9M) | |
| Capital Expenditures | 967K | 471K | 1.1M | 795K | 609K | 678.9K | |
| Net Income | (77.2M) | (66.2M) | (125.6M) | (127.4M) | (79.0M) | (82.9M) | |
| End Period Cash Flow | 33.5M | 117.8M | 123.9M | 126.0M | 187.0M | 196.3M | |
| Change To Netincome | 8.4M | 8.5M | 18.1M | 24.2M | 27.8M | 29.2M | |
| Change To Inventory | 757K | (3.3M) | 915K | (4.2M) | (9.5M) | (9.0M) | |
| Change Receivables | (2.2M) | 4.3M | 860K | 1.6M | 1.8M | 1.9M |
Protagonist Therapeutics Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Protagonist Therapeutics or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Protagonist Therapeutics' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Protagonist stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 1.26 | |
σ | Overall volatility | 2.15 | |
Ir | Information ratio | -0.03 |
Protagonist Therapeutics Volatility Alert
Protagonist Therapeutics currently demonstrates below-average downside deviation. It has Information Ratio of -0.03 and Jensen Alpha of -0.1. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Protagonist Therapeutics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Protagonist Therapeutics' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Protagonist Therapeutics Fundamentals Vs Peers
Comparing Protagonist Therapeutics' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Protagonist Therapeutics' direct or indirect competition across all of the common fundamentals between Protagonist Therapeutics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Protagonist Therapeutics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Protagonist Therapeutics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Protagonist Therapeutics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Protagonist Therapeutics to competition |
| Fundamentals | Protagonist Therapeutics | Peer Average |
| Return On Equity | 0.41 | -0.31 |
| Return On Asset | 0.2 | -0.14 |
| Profit Margin | 0.53 % | (1.27) % |
| Operating Margin | (8.87) % | (5.51) % |
| Current Valuation | 2.31 B | 16.62 B |
| Shares Outstanding | 59.6 M | 571.82 M |
| Shares Owned By Insiders | 1.17 % | 10.09 % |
| Shares Owned By Institutions | 98.83 % | 39.21 % |
| Number Of Shares Shorted | 3.28 M | 4.71 M |
| Price To Earning | (4.81) X | 28.72 X |
| Price To Book | 5.21 X | 9.51 X |
| Price To Sales | 8.56 X | 11.42 X |
| Revenue | 60 M | 9.43 B |
| Gross Profit | 26.58 M | 27.38 B |
| EBITDA | (90.34 M) | 3.9 B |
| Net Income | (78.95 M) | 570.98 M |
| Cash And Equivalents | 291.89 M | 2.7 B |
| Cash Per Share | 5.95 X | 5.01 X |
| Total Debt | 1.14 M | 5.32 B |
| Debt To Equity | 0.02 % | 48.70 % |
| Current Ratio | 7.59 X | 2.16 X |
| Book Value Per Share | 8.94 X | 1.93 K |
| Cash Flow From Operations | (70.24 M) | 971.22 M |
| Short Ratio | 4.19 X | 4.00 X |
| Earnings Per Share | 2.74 X | 3.12 X |
| Target Price | 54.38 | |
| Number Of Employees | 126 | 18.84 K |
| Beta | 2.16 | -0.15 |
| Market Capitalization | 2.77 B | 19.03 B |
| Total Asset | 357.95 M | 29.47 B |
| Retained Earnings | (615.71 M) | 9.33 B |
| Working Capital | 334.3 M | 1.48 B |
| Current Asset | 83.24 M | 9.34 B |
Note: Disposition of 4150 shares by Suneel Gupta of Protagonist Therapeutics at 26.07 subject to Rule 16b-3 [view details]
Protagonist Therapeutics Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Protagonist . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 51653.2 | |||
| Daily Balance Of Power | (0.90) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 44.8 | |||
| Day Typical Price | 44.25 | |||
| Price Action Indicator | (3.29) | |||
| Period Momentum Indicator | (3.33) | |||
| Relative Strength Index | 44.13 |
About Protagonist Therapeutics Buy or Sell Advice
When is the right time to buy or sell Protagonist Therapeutics? Buying financial instruments such as Protagonist Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Protagonist Stock Analysis
When running Protagonist Therapeutics' price analysis, check to measure Protagonist Therapeutics' 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 Protagonist Therapeutics is operating at the current time. Most of Protagonist Therapeutics' value examination focuses on studying past and present price action to predict the probability of Protagonist Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Protagonist Therapeutics' price. Additionally, you may evaluate how the addition of Protagonist Therapeutics to your portfolios can decrease your overall portfolio volatility.