Is PennantPark Floating Stock a Good Investment?
PennantPark Floating Investment Advice | PFLT |
- Examine PennantPark Floating's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research PennantPark Floating's leadership team and their track record. Good management can help PennantPark Floating navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Asset Management & Custody Banks space and any emerging trends that could impact PennantPark Floating's business and its evolving consumer preferences.
- Compare PennantPark Floating's performance and market position to its competitors. Analyze how PennantPark Floating is positioned in terms of product offerings, innovation, and market share.
- Check if PennantPark Floating pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about PennantPark Floating's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in PennantPark Floating Rate stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if PennantPark Floating Rate is a good investment.
Sell | Buy |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine PennantPark Floating Stock
Researching PennantPark Floating's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 23.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.99. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. PennantPark Floating Rate has Price/Earnings To Growth (PEG) ratio of 0.27. The entity last dividend was issued on the 16th of October 2024.
To determine if PennantPark Floating is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding PennantPark Floating's research are outlined below:
| PennantPark Floating has a strong financial position based on the latest SEC filings | |
| On 1st of November 2024 PennantPark Floating paid $ 0.1025 per share dividend to its current shareholders | |
| Latest headline from globenewswire.com: PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of 0.1025 per Share |
PennantPark Floating Quarterly Accounts Payable |
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PennantPark Floating uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in PennantPark Floating Rate. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to PennantPark Floating's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact PennantPark Floating's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises PennantPark Floating's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2017-08-08 | 2017-06-30 | 0.28 | 0.25 | -0.03 | 10 | ||
2013-02-07 | 2012-12-31 | 0.27 | 0.3 | 0.03 | 11 | ||
2011-11-17 | 2011-09-30 | 0.21 | 0.18 | -0.03 | 14 | ||
2018-08-08 | 2018-06-30 | 0.27 | 0.31 | 0.04 | 14 | ||
2014-05-08 | 2014-03-31 | 0.29 | 0.25 | -0.04 | 13 | ||
2022-02-09 | 2021-12-31 | 0.28 | 0.33 | 0.05 | 17 | ||
2013-08-08 | 2013-06-30 | 0.26 | 0.31 | 0.05 | 19 | ||
2013-05-09 | 2013-03-31 | 0.29 | 0.24 | -0.05 | 17 |
Know PennantPark Floating's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as PennantPark Floating is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PennantPark Floating Rate backward and forwards among themselves. PennantPark Floating's institutional investor refers to the entity that pools money to purchase PennantPark Floating's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Newedge Wealth, Llc | 2024-06-30 | 304.1 K | Trexquant Investment Lp | 2024-06-30 | 280.9 K | Lpl Financial Corp | 2024-06-30 | 259.9 K | Advisors Asset Management | 2024-06-30 | 257.8 K | Blackrock Inc | 2024-06-30 | 206.7 K | Ubs Group Ag | 2024-06-30 | 198.7 K | Cubist Systematic Strategies, Llc | 2024-06-30 | 153.3 K | Hudson Bay Capital Management Lp | 2024-06-30 | 150 K | Jpmorgan Chase & Co | 2024-06-30 | 145.9 K | Sound Income Strategies | 2024-09-30 | 3 M | Altshuler Shaham Ltd | 2024-06-30 | 1.6 M |
PennantPark Floating's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 814.97 M.Market Cap |
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PennantPark Floating's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.04 | 0.07 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.07 | 0.07 |
Determining PennantPark Floating's profitability involves analyzing its financial statements and using various financial metrics to determine if PennantPark Floating is a good buy. For example, gross profit margin measures PennantPark Floating's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of PennantPark Floating's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in PennantPark Floating's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of PennantPark Floating Rate. Check PennantPark Floating's Beneish M Score to see the likelihood of PennantPark Floating's management manipulating its earnings.
Evaluate PennantPark Floating's management efficiency
PennantPark Floating Rate has return on total asset (ROA) of 0.0544 % which means that it generated a profit of $0.0544 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1383 %, meaning that it created $0.1383 on every $100 dollars invested by stockholders. PennantPark Floating's management efficiency ratios could be used to measure how well PennantPark Floating manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.07 in 2024, whereas Return On Tangible Assets are likely to drop 0.04 in 2024. Change To Liabilities is likely to gain to about 2 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 21.3 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 14.79 | 16.37 | |
| Tangible Book Value Per Share | 14.79 | 16.37 | |
| Enterprise Value Over EBITDA | 28.57 | 26.52 | |
| Price Book Value Ratio | 0.75 | 0.66 | |
| Enterprise Value Multiple | 28.57 | 26.52 | |
| Price Fair Value | 0.75 | 0.66 | |
| Enterprise Value | 843.6 M | 500.7 M |
The decision-making processes within PennantPark Floating are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Dividend Yield 0.1108 | Forward Dividend Yield 0.1108 | Forward Dividend Rate 1.23 | Beta 1.672 |
Basic technical analysis of PennantPark Stock
As of the 6th of November, PennantPark Floating holds the Coefficient Of Variation of 706.34, risk adjusted performance of 0.0971, and Semi Deviation of 0.9587. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of PennantPark Floating, as well as the relationship between them.PennantPark Floating's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific PennantPark Floating insiders, such as employees or executives, is commonly permitted as long as it does not rely on PennantPark Floating's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases PennantPark Floating insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Jose Briones over three months ago Acquisition by Jose Briones of 1745 shares of PennantPark Floating at 11.3995 subject to Rule 16b-3 | ||
Allorto Richard T Jr over three months ago Acquisition by Allorto Richard T Jr of 10000 shares of PennantPark Floating at 11.3 subject to Rule 16b-3 | ||
Jose Briones over three months ago Acquisition by Jose Briones of 885 shares of PennantPark Floating at 11.3298 subject to Rule 16b-3 | ||
Flug Jeffrey over a year ago PennantPark Floating exotic insider transaction detected |
PennantPark Floating's Outstanding Corporate Bonds
PennantPark Floating issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. PennantPark Floating Rate uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most PennantPark bonds can be classified according to their maturity, which is the date when PennantPark Floating Rate has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand PennantPark Floating's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing PennantPark Floating's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0971 | |||
| Market Risk Adjusted Performance | 0.7182 | |||
| Mean Deviation | 0.6349 | |||
| Semi Deviation | 0.9587 | |||
| Downside Deviation | 1.16 | |||
| Coefficient Of Variation | 706.34 | |||
| Standard Deviation | 0.894 | |||
| Variance | 0.7992 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0961 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.7082 | |||
| Maximum Drawdown | 6.15 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.31 | |||
| Downside Variance | 1.35 | |||
| Semi Variance | 0.9191 | |||
| Expected Short fall | (0.63) | |||
| Skewness | (1.27) | |||
| Kurtosis | 4.7 |
| Risk Adjusted Performance | 0.0971 | |||
| Market Risk Adjusted Performance | 0.7182 | |||
| Mean Deviation | 0.6349 | |||
| Semi Deviation | 0.9587 | |||
| Downside Deviation | 1.16 | |||
| Coefficient Of Variation | 706.34 | |||
| Standard Deviation | 0.894 | |||
| Variance | 0.7992 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0961 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.7082 | |||
| Maximum Drawdown | 6.15 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.31 | |||
| Downside Variance | 1.35 | |||
| Semi Variance | 0.9191 | |||
| Expected Short fall | (0.63) | |||
| Skewness | (1.27) | |||
| Kurtosis | 4.7 |
Consider PennantPark Floating's intraday indicators
PennantPark Floating intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of PennantPark Floating stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
PennantPark Floating Corporate Filings
8K | 4th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 17th of July 2024 Prospectus used primarily for registering securities for public sale. | ViewVerify | |
| 15th of July 2024 Other Reports | ViewVerify | |
F4 | 11th of June 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
PennantPark Stock media impact
Far too much social signal, news, headlines, and media speculation about PennantPark Floating that are available to investors today. That information is available publicly through PennantPark media outlets and privately through word of mouth or via PennantPark internal channels. However, regardless of the origin, that massive amount of PennantPark data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of PennantPark Floating news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of PennantPark Floating relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to PennantPark Floating's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive PennantPark Floating alpha.
PennantPark Floating Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards PennantPark Floating can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
PennantPark Floating Rate Historical Investor Sentiment
Investor biases related to PennantPark Floating's public news can be used to forecast risks associated with an investment in PennantPark. The trend in average sentiment can be used to explain how an investor holding PennantPark can time the market purely based on public headlines and social activities around PennantPark Floating Rate. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
PennantPark Floating's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for PennantPark Floating and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average PennantPark Floating news discussions. The higher the estimate score, the more favorable the investor's outlook on PennantPark Floating.
PennantPark Floating Corporate Management
| Allorto CPA | CFO Treasurer | Profile | |
| Richard Houten | Senior Houston | Profile | |
| Matthew Visgilio | Manager Operations | Profile | |
| Salvatore III | Partner | Profile |
Additional Tools for PennantPark Stock Analysis
When running PennantPark Floating's price analysis, check to measure PennantPark Floating'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 PennantPark Floating is operating at the current time. Most of PennantPark Floating's value examination focuses on studying past and present price action to predict the probability of PennantPark Floating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Floating's price. Additionally, you may evaluate how the addition of PennantPark Floating to your portfolios can decrease your overall portfolio volatility.