Parrot (France) Today
| PARRO Stock | EUR 2.17 0.01 0.46% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Parrot is selling at 2.17 as of the 25th of April 2024; that is -0.46 percent down since the beginning of the trading day. The stock's last reported lowest price was 2.12. Parrot has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Parrot are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
Parrot S.A. creates, develops, and markets consumer technology products for smartphones and tablets worldwide. Parrot S.A. was founded in 1994 and is headquartered in Paris, France. PARROT operates under Electronic Finished Products classification in France and is traded on Paris Stock Exchange. The company has 30.22 M outstanding shares. More on Parrot
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Moving against Parrot Stock
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Follow Valuation Odds of Bankruptcy
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Parrot Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Parrot's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Parrot or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Elise Thebault |
| Business Concentration | Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors) |
Parrot (PARRO) is traded on Euronext Paris in France and employs 514 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 166.2 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Parrot's market, we take the total number of its shares issued and multiply it by Parrot's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Parrot operates under Communications Equipment sector and is part of Information Technology industry. The entity has 30.22 M outstanding shares.
Parrot has accumulated about 82.84 M in cash with (25.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.46, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Parrot Probability Of Bankruptcy
Ownership AllocationParrot has a total of 30.22 Million outstanding shares. Parrot holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 62.92 pct. of Parrot outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Parrot Ownership Details
Parrot Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Parrot jumping above the current price in 90 days from now is under 95%. The Parrot probability density function shows the probability of Parrot stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.0784 indicating Parrot market returns are sensible to returns on the market. As the market goes up or down, Parrot is expected to follow. Additionally, parrot has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Parrot to move above the current price in 90 days from now is under 95 (This Parrot probability density function shows the probability of Parrot Stock to fall within a particular range of prices over 90 days) .
Parrot Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Parrot market risk premium is the additional return an investor will receive from holding Parrot long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Parrot. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Parrot's alpha and beta are two of the key measurements used to evaluate Parrot's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.28 | |||
| Standard Deviation | 3.13 | |||
| Variance | 9.81 | |||
| Risk Adjusted Performance | (0.08) |
Parrot Stock Against Markets
Picking the right benchmark for Parrot stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Parrot stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Parrot is critical whether you are bullish or bearish towards Parrot at a given time. Please also check how Parrot's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Parrot without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Parrot Corporate Directors
Parrot corporate directors refer to members of a Parrot board of directors. The board of directors generally takes responsibility for the Parrot's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Parrot's board members must vote for the resolution. The Parrot board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Xavier Bosgiraud | Director of Testing and Product Clearance | Profile | |
| Christophe Sausse | Director of Human Resources | Profile | |
| Edward Planchon | Director | Profile | |
| JeanMarie Painvin | Director | Profile |
How to buy Parrot Stock?
Before investing in Parrot, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Parrot. To buy Parrot stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Parrot. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Parrot stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Parrot stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Parrot stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Parrot, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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.
Already Invested in Parrot?
The danger of trading Parrot is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Parrot is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Parrot. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Parrot is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parrot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Parrot Stock analysis
When running Parrot's price analysis, check to measure Parrot'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 Parrot is operating at the current time. Most of Parrot's value examination focuses on studying past and present price action to predict the probability of Parrot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parrot's price. Additionally, you may evaluate how the addition of Parrot to your portfolios can decrease your overall portfolio volatility.
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