Penumbra Stock Target Price
| PEN Stock | USD 243.01 9.26 3.67% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Penumbra's long-term financial health and intrinsic value.
Penumbra | Target Price | Build AI portfolio with Penumbra Stock |
Penumbra Target Price 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 Target Price 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 target price category among its peers.
Penumbra ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Penumbra's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Penumbra's managers, analysts, and investors.Environmental | Governance | Social |
Penumbra Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0751 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 9.63 B | ||||
| Shares Outstanding | 39 M | ||||
| Shares Owned By Insiders | 3.64 % | ||||
| Shares Owned By Institutions | 91.20 % | ||||
| Number Of Shares Shorted | 1.83 M | ||||
| Price To Earning | 191.13 X | ||||
| Price To Book | 7.60 X | ||||
| Price To Sales | 7.69 X | ||||
| Revenue | 1.19 B | ||||
| Gross Profit | 884.28 M | ||||
| EBITDA | 49.53 M | ||||
| Net Income | 14.01 M | ||||
| Cash And Equivalents | 324.4 M | ||||
| Cash Per Share | 5.39 X | ||||
| Total Debt | 223.39 M | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 4.93 X | ||||
| Book Value Per Share | 33.32 X | ||||
| Cash Flow From Operations | 168.48 M | ||||
| Short Ratio | 4.26 X | ||||
| Earnings Per Share | 3.78 X | ||||
| Price To Earnings To Growth | (62.27) X | ||||
| Target Price | 310.88 | ||||
| Number Of Employees | 4.5 K | ||||
| Beta | 0.47 | ||||
| Market Capitalization | 9.84 B | ||||
| Total Asset | 1.53 B | ||||
| Retained Earnings | 60 M | ||||
| Working Capital | 792.78 M | ||||
| Current Asset | 244.36 M | ||||
| Current Liabilities | 28.15 M | ||||
| Net Asset | 1.53 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.
Pair Trading with Penumbra
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Penumbra position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Penumbra will appreciate offsetting losses from the drop in the long position's value.Moving against Penumbra Stock
| 0.83 | DH | Definitive Healthcare Earnings Call This Week | PairCorr |
| 0.83 | FIGS | Figs Inc Earnings Call This Week | PairCorr |
| 0.78 | PTHL | Pheton Holdings | PairCorr |
| 0.76 | MASS | 908 Devices Earnings Call This Week | PairCorr |
| 0.73 | JYNT | Joint Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Penumbra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Penumbra when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Penumbra - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Penumbra to buy it.
The correlation of Penumbra is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Penumbra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Penumbra moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Penumbra can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Health Care Equipment & Supplies space 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 2.571 | Earnings Share 3.78 | Revenue Per Share | Quarterly Revenue Growth 0.134 | Return On Assets |
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.