Penumbra Inc (PEN) concluded trading on Wednesday at a closing price of $257.81, with 0.45 million shares of worth about $114.79 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 43.66% during that period and on January 08, 2025 the price saw a gain of about 2.21%. Currently the company’s common shares owned by public are about 38.36M shares, out of which, 37.05M shares are available for trading.
Stock saw a price change of 8.56% in past 5 days and over the past one month there was a price change of 8.68%. Year-to-date (YTD), PEN shares are showing a performance of 8.56% which increased to 4.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $148.00 but also hit the highest price of $277.34 during that period. The average intraday trading volume for Penumbra Inc shares is 360.20K. The stock is currently trading 5.67% above its 20-day simple moving average (SMA20), while that difference is up 7.72% for SMA50 and it goes to 24.72% higher than SMA200.
Penumbra Inc (NYSE: PEN) currently have 38.36M outstanding shares and institutions hold larger chunk of about 92.59% of that.
The stock has a current market capitalization of $9.89B and its 3Y-monthly beta is at 0.52. PE ratio of stock for trailing 12 months is 299.40, while it has posted earnings per share of $0.86 in the same period. Its PEG reads 12.13 and has Quick Ratio of 3.25 while making debt-to-equity ratio of 0.21. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PEN, volatility over the week remained 6.20% while standing at 3.60% over the month.
Stock’s fiscal year EPS is expected to rise by 33.69% while it is estimated to increase by 36.16% in next year. EPS is likely to shrink at an annualized rate of 24.68% for next 5-years, compared to annual growth of 66.20% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Oppenheimer on December 17, 2024 offering an Outperform rating for the stock and assigned a target price of $275 to it. Coverage by Wells Fargo stated Penumbra Inc (PEN) stock as an Overweight in their note to investors on December 11, 2024, suggesting a price target of $275 for the stock. On September 18, 2024, Stifel Initiated their recommendations, while on September 03, 2024, Leerink Partners Initiated their ratings for the stock with a price target of $263. Stock get an Equal weight rating from Wells Fargo on July 31, 2024.
