P3 Health Partners Stock Today

PIII Stock  USD 0.48  0.04  9.09%   

Performance

0 of 100

 
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Odds Of Distress

Over 55

 
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P3 Health is trading at 0.48 as of the 24th of October 2024. This is a 9.09 percent increase since the beginning of the trading day. The stock's open price was 0.44. P3 Health has over 55 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for P3 Health Partners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2024 and ending today, the 24th of October 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
6th of April 2021
Category
Healthcare
Classification
Health Care
P3 Health Partners Inc., a patient-centered and physician-led population health management company, provides superior care services in the United States. P3 Health operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. The company has 161.76 M outstanding shares of which 1.08 M shares are at this time shorted by private and institutional investors with about 1.59 trading days to cover. More on P3 Health Partners

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PIII Stock Highlights

CEO PresidentAric MD
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, Health Care, Health Care Equipment & Supplies, Medical Care Facilities, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.41.4709
Notably Down
Pretty Stable
Total Current Liabilities194.7 M299.4 M
Way Down
Slightly volatile
Non Current Liabilities Total91.5 M127.9 M
Way Down
Slightly volatile
Total Assets938.8 M861 M
Significantly Up
Slightly volatile
Total Current Assets132.7 M166 M
Significantly Down
Slightly volatile
Debt Levels
P3 Health can leverage 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 P3 Health's financial leverage. It provides some insight into what part of P3 Health's total assets is financed by creditors.
Liquidity
P3 Health Partners currently holds 124.64 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. P3 Health Partners has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about P3 Health's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

(73.96 Million)
P3 Health Partners (PIII) is traded on NASDAQ Exchange in USA. It is located in 2370 Corporate Circle, Henderson, NV, United States, 89074 and employs 400 people. P3 Health is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 264.4 M. P3 Health Partners conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 161.76 M outstanding shares of which 1.08 M shares are at this time shorted by private and institutional investors with about 1.59 trading days to cover. P3 Health Partners currently holds about 63.15 M in cash with (76.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.52, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check P3 Health Probability Of Bankruptcy
Ownership Allocation
P3 Health Partners secures a total of 161.76 Million outstanding shares. P3 Health Partners shows tangible amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company retains, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check PIII Ownership Details

PIII Stock Institutional Holders

InstituionRecorded OnShares
Northern Trust Corp2024-06-30
243.8 K
Gsa Capital Partners Llp2024-06-30
201.5 K
Y-intercept (hong Kong) Ltd2024-06-30
197.6 K
State Street Corp2024-06-30
126.8 K
Blair William & Co2024-06-30
125.8 K
Smh Capital Inc.2024-09-30
123 K
Moneta Group Investment Advisors Inc2024-06-30
112.8 K
Renaissance Technologies Corp2024-06-30
111.8 K
Walleye Trading Advisors, Llc2024-06-30
83.8 K
Alyeska Investment Group, L.p.2024-06-30
15.9 M
Armistice Capital, Llc2024-06-30
7.9 M
View P3 Health Diagnostics

P3 Health Historical Income Statement

As of now, P3 Health's Reconciled Depreciation is increasing as compared to previous years. The P3 Health's current Income Tax Expense is estimated to increase to about 2.8 M, while Net Interest Income is forecasted to increase to (14.2 M). View More Fundamentals

PIII Stock Against Markets

P3 Health Corporate Management

BSN CRNIChief StaffProfile
Leslie FisherGeneral AffairsProfile
Kassi APRCulture CommunicationsProfile
Todd MHAChief OfficerProfile
James IIChief OfficerProfile
FACEP FACPCEO CoFounderProfile
When determining whether P3 Health Partners is a strong investment it is important to analyze P3 Health'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 P3 Health's future performance. For an informed investment choice regarding PIII 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 P3 Health Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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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 P3 Health. If investors know PIII 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 P3 Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.64)
Revenue Per Share
11.552
Quarterly Revenue Growth
0.152
Return On Assets
(0.12)
Return On Equity
(0.41)
The market value of P3 Health Partners is measured differently than its book value, which is the value of PIII that is recorded on the company's balance sheet. Investors also form their own opinion of P3 Health's value that differs from its market value or its book value, called intrinsic value, which is P3 Health'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 P3 Health's market value can be influenced by many factors that don't directly affect P3 Health'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 P3 Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if P3 Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, P3 Health'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.