Putnam Managed Municipal Stock Today

PMM Stock  USD 6.49  0.05  0.76%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 6

 
High
 
Low
Low
Putnam Managed is selling at 6.49 as of the 23rd of September 2024; that is 0.76 percent decrease since the beginning of the trading day. The stock's lowest day price was 6.46. Putnam Managed has only a 6 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. Equity ratings for Putnam Managed Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of August 2024 and ending today, the 23rd of September 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
30th of June 1989
Classification
Financials
Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. Putnam Managed Municipal Income Trust was formed on February 24, 1989 and is domiciled in the United States. Putnam Managed operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 45.74 M outstanding shares of which 33.76 K shares are at this time shorted by investors with about 0.37 days to cover. More on Putnam Managed Municipal

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Putnam Stock Highlights

ChairmanKenneth Leibler
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.970.93
Sufficiently Up
Very volatile
Total Current Liabilities19.9 M19 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total20.7 M24.1 M
Fairly Down
Slightly volatile
Total Assets427.6 M367.7 M
Fairly Up
Slightly volatile
Total Current Assets24.1 M23 M
Sufficiently Up
Slightly volatile
Debt Levels
Putnam Managed 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 Putnam Managed's financial leverage. It provides some insight into what part of Putnam Managed's total assets is financed by creditors.
Liquidity
Putnam Managed Municipal has 21.14 M in debt with debt to equity (D/E) ratio of 0.12, which may show that the company is not taking advantage of profits from borrowing. Putnam Managed Municipal has a current ratio of 0.65, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Putnam to invest in growth at high rates of return.

Other Cashflows From Financing Activities

222,528
Putnam Managed Municipal (PMM) is traded on New York Stock Exchange in USA. It is located in 100 Federal Street, Boston, MA, United States, 02110 and employs 26 people. Putnam Managed is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 299.14 M. Putnam Managed Municipal runs under Capital Markets sector within Financials industry. The entity has 45.74 M outstanding shares of which 33.76 K shares are at this time shorted by investors with about 0.37 days to cover. Putnam Managed Municipal has about 1.77 M in cash with 26.22 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Putnam Managed Probability Of Bankruptcy
Ownership Allocation
Putnam Managed owns a total of 45.74 Million outstanding shares. Roughly 82.29 pct. of Putnam Managed outstanding shares are held by general public with 0.01 % owned by insiders and only 17.7 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Putnam Ownership Details

Putnam Managed Historical Income Statement

At this time, Putnam Managed's Total Operating Expenses is very stable compared to the past year. As of the 23rd of September 2024, Income Before Tax is likely to grow to about 11.3 M, while Net Income From Continuing Ops is likely to drop about 6.4 M. View More Fundamentals

Putnam Stock Against Markets

Putnam Managed Corporate Management

CFA CFAPortfolio ManagerProfile
Susan McCormackSenior ManagerProfile
Robert PattersonIndependent TrusteeProfile
George PutnamIndependent TrusteeProfile

Additional Information and Resources on Investing in Putnam Stock

When determining whether Putnam Managed Municipal is a strong investment it is important to analyze Putnam Managed'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 Putnam Managed's future performance. For an informed investment choice regarding Putnam 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 Putnam Managed Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Asset Management & Custody Banks 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 Putnam Managed. If investors know Putnam 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 Putnam Managed 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
0.251
Dividend Share
0.286
Earnings Share
0.58
Revenue Per Share
0.422
Quarterly Revenue Growth
(0)
The market value of Putnam Managed Municipal is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam Managed's value that differs from its market value or its book value, called intrinsic value, which is Putnam Managed'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 Putnam Managed's market value can be influenced by many factors that don't directly affect Putnam Managed'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 Putnam Managed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Managed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Managed'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.