Penumbra Stock Today
| PEN Stock | USD 201.84 6.84 3.28% |
Performance0 of 100
| Odds Of DistressLess than 2
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Penumbra is selling at 201.84 as of the 19th of April 2024; that is -3.28 percent down since the beginning of the trading day. The stock's open price was 208.68. Penumbra has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Penumbra are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 18th of September 2015 | Category Healthcare | Classification Health Care |
Penumbra, Inc. designs, develops, manufactures, and markets medical devices in the United States and internationally. Penumbra, Inc. was incorporated in 2004 and is headquartered in Alameda, California. Penumbra operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. The company has 38.7 M outstanding shares of which 1.93 M shares are at this time shorted by investors with about 4.84 days to cover. More on Penumbra
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Moving against Penumbra Stock
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Follow Valuation Options Odds of Bankruptcy
Financial Report 7th of May 2024
Penumbra 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. Penumbra's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Penumbra or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Adam Elsesser | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Medical Equipment (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Pennant Energy Inc. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, PX Prague Stock, HNX, HNX MidSmall Cap, SP Midcap 400, WSE WIG INDEX, OBX Energy GR, CECE Composite EUR, Tel Aviv 60, Medical Equipment, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Penumbra report their recommendations after researching Penumbra's financial statements, talking to executives and customers, or listening in on Penumbra's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Penumbra. The Penumbra consensus assessment is calculated by taking the average forecast from all of the analysts covering Penumbra. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Penumbra's financial statements, Penumbra is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Penumbra is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Penumbra's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Penumbra's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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 Penumbra's financial leverage. It provides some insight into what part of Penumbra's total assets is financed by creditors.
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Penumbra (PEN) is traded on New York Stock Exchange in USA. It is located in One Penumbra Place, Alameda, CA, United States, 94502 and employs 4,200 people. Penumbra is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 7.81 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Penumbra's market, we take the total number of its shares issued and multiply it by Penumbra'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. Penumbra runs under Health Care Equipment & Supplies sector within Health Care industry. The entity has 38.7 M outstanding shares of which 1.93 M shares are at this time shorted by investors with about 4.84 days to cover.
Penumbra has about 69.86 M in cash with 97.33 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.39.
Check Penumbra Probability Of Bankruptcy
Ownership AllocationPenumbra has a total of 38.7 Million outstanding shares. The majority of Penumbra outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Penumbra to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Penumbra. Please pay attention to any change in the institutional holdings of Penumbra as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Penumbra Ownership Details
Penumbra Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Penumbra jumping above the current price in 90 days from now is about 98.0%. The Penumbra probability density function shows the probability of Penumbra stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1453 indicating Penumbra market returns are highly reactive to returns on the market. As the market goes up or down, Penumbra is expected to follow. Additionally, penumbra 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 Penumbra to move above the current price in 90 days from now is about 98.0 (This Penumbra probability density function shows the probability of Penumbra Stock to fall within a particular range of prices over 90 days) .
Penumbra Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Penumbra that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Penumbra's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Penumbra's value.| Instituion | Recorded On | Shares | |
| Capital World Investors | 2023-12-31 | 543.3 K | |
| Rock Springs Capital Management Lp | 2023-12-31 | 537.5 K | |
| Champlain Investment Partners, Llc | 2023-12-31 | 467.9 K | |
| Amvescap Plc. | 2023-12-31 | 378.7 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 365 K | |
| Eagle Asset Management, Inc. | 2023-12-31 | 350.1 K | |
| Norges Bank | 2023-12-31 | 338.8 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 336.9 K | |
| Northern Trust Corp | 2023-12-31 | 271.9 K | |
| Fmr Inc | 2023-12-31 | 5.8 M | |
| Blackrock Inc | 2023-12-31 | 4 M |
Penumbra Historical Income Statement
Penumbra Income Statement is one of the three primary financial statements used for reporting Penumbra's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Penumbra revenue and expense. Penumbra Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Penumbra's Cost Of Revenue is very stable compared to the past year. As of the 19th of April 2024, Income Before Tax is likely to grow to about 83.6 M, while Interest Expense is likely to drop about 1.7 M. View More FundamentalsPenumbra Stock Against Markets
Picking the right benchmark for Penumbra 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 Penumbra 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 Penumbra is critical whether you are bullish or bearish towards Penumbra at a given time. Please also check how Penumbra's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Penumbra 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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Penumbra Corporate Directors
Penumbra corporate directors refer to members of a Penumbra board of directors. The board of directors generally takes responsibility for the Penumbra'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 Penumbra's board members must vote for the resolution. The Penumbra board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Surbhi Sarna | Independent Director | Profile | |
| Bridget ORourke | Independent Director | Profile | |
| Kevin Sullivan | Independent Director | Profile | |
| Harpreet Grewal | Independent Director | Profile |
How to buy Penumbra Stock?
Before investing in Penumbra, 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 Penumbra. To buy Penumbra stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Penumbra. 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 Penumbra stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Penumbra 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 Penumbra 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 Penumbra, 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. For more information on how to buy Penumbra Stock please use our How to Invest in Penumbra guide.
Already Invested in Penumbra?
The danger of trading Penumbra 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 Penumbra 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 Penumbra. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Penumbra 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.
When determining whether Penumbra offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Penumbra's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Penumbra Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Penumbra Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penumbra. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Penumbra Stock, please use our How to Invest in Penumbra guide.Note that the Penumbra information on this page should be used as a complementary analysis to other Penumbra's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Penumbra Stock analysis
When running Penumbra's price analysis, check to measure Penumbra'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 Penumbra is operating at the current time. Most of Penumbra's value examination focuses on studying past and present price action to predict the probability of Penumbra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Penumbra's price. Additionally, you may evaluate how the addition of Penumbra to your portfolios can decrease your overall portfolio volatility.
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Is Penumbra's industry 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 Penumbra. If investors know Penumbra 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 Penumbra 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 12.519 | Earnings Share 2.32 | Revenue Per Share 27.565 | Quarterly Revenue Growth 0.287 | Return On Assets 0.0392 |
The market value of Penumbra is measured differently than its book value, which is the value of Penumbra that is recorded on the company's balance sheet. Investors also form their own opinion of Penumbra's value that differs from its market value or its book value, called intrinsic value, which is Penumbra'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 Penumbra's market value can be influenced by many factors that don't directly affect Penumbra'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 Penumbra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penumbra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penumbra'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.