Palladyne Ai Corp Stock Today
| PDYN Stock | 1.95 0.06 2.99% |
Performance5 of 100
| Odds Of DistressOver 79
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Palladyne is selling at 1.95 as of the 2nd of June 2024; that is -2.99 percent decrease since the beginning of the trading day. The stock's open price was 2.01. Palladyne has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Palladyne symbol was changed from STRC on 8th of April 2024. Equity ratings for Palladyne AI Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of May 2024 and ending today, the 2nd of June 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 27th of September 2021 | Category Technology | Classification Information Technology |
Palladyne is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 26.55 M outstanding shares of which 474.06 K shares are at this time shorted by private and institutional investors with about 2.94 trading days to cover. More on Palladyne AI Corp
Palladyne 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. Palladyne's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Palladyne or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Older Symbol | STRC | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Executive Chairman | Laura Peterson | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Palladyne report their recommendations after researching Palladyne's financial statements, talking to executives and customers, or listening in on Palladyne's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Palladyne AI Corp. The Palladyne consensus assessment is calculated by taking the average forecast from all of the analysts covering Palladyne. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Palladyne's historical financial statements, Palladyne AI Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in July. Financial strength of Palladyne AI Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Palladyne's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Palladyne'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 Palladyne's financial leverage. It provides some insight into what part of Palladyne's total assets is financed by creditors.
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Palladyne AI Corp (PDYN) is traded on NASDAQ Exchange in USA. It is located in 650 South 500 West, Salt Lake City, UT, United States, 84101 and employs 70 people. Palladyne AI Corp was previously known as STRC Old and was traded on NASDAQ Exchange under the symbol STRC. Palladyne is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 51.78 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Palladyne's market, we take the total number of its shares issued and multiply it by Palladyne'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. Palladyne AI Corp conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 26.55 M outstanding shares of which 474.06 K shares are at this time shorted by private and institutional investors with about 2.94 trading days to cover.
Palladyne generates negative cash flow from operations
Check Palladyne Probability Of Bankruptcy
Ownership AllocationPalladyne owns a total of 26.55 Million outstanding shares. Palladyne has significant 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. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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 Palladyne Ownership Details
Palladyne Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Palladyne that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Palladyne'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 Palladyne's value.| Instituion | Recorded On | Shares | |
| Bridgeway Capital Management, Llc | 2023-12-31 | 60.4 K | |
| State Street Corporation | 2023-12-31 | 40.7 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 29.3 K | |
| Millennium Management Llc | 2023-12-31 | 24.9 K | |
| Northern Trust Corp | 2023-12-31 | 20.7 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 16.1 K | |
| Lodestar Pvt Asset Management Llc | 2023-12-31 | 13.1 K | |
| Virtu Financial Llc | 2023-12-31 | 12.7 K | |
| Two Sigma Securities, Llc | 2023-12-31 | 10.3 K | |
| Steel Partners Holdings Lp | 2023-12-31 | 626.3 K | |
| Vanguard Group Inc | 2023-12-31 | 559.2 K |
Palladyne Historical Income Statement
Palladyne AI Corp Income Statement is one of the three primary financial statements used for reporting Palladyne's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Palladyne AI Corp revenue and expense. Palladyne Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Palladyne's Net Interest Income is very stable compared to the past year. View More FundamentalsPalladyne Stock Against Markets
Picking the right benchmark for Palladyne 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 Palladyne 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 Palladyne is critical whether you are bullish or bearish towards Palladyne AI Corp at a given time. Please also check how Palladyne's historical prices are related to one of the top price index indicators.
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Palladyne Corporate Management
Elected by the shareholders, the Palladyne's board of directors comprises two types of representatives: Palladyne inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Palladyne. The board's role is to monitor Palladyne's management team and ensure that shareholders' interests are well served. Palladyne's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Palladyne's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Trevor Thatcher | Chief Officer | Profile | |
| Matt Vogt | Chief Officer | Profile | |
| Steve JD | Chief Secretary | Profile | |
| Denis Garagic | Chief Officer | Profile |
How to buy Palladyne Stock?
Before investing in Palladyne, 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 Palladyne. To buy Palladyne stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Palladyne. 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 Palladyne stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Palladyne AI Corp 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 Palladyne AI Corp 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 Palladyne AI Corp, 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 Palladyne Stock please use our How to Invest in Palladyne guide.
Already Invested in Palladyne AI Corp?
The danger of trading Palladyne AI Corp 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 Palladyne 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 Palladyne. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Palladyne AI Corp 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 Palladyne AI Corp is a strong investment it is important to analyze Palladyne'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 Palladyne's future performance. For an informed investment choice regarding Palladyne 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 Palladyne AI Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Palladyne Stock analysis
When running Palladyne's price analysis, check to measure Palladyne'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 Palladyne is operating at the current time. Most of Palladyne's value examination focuses on studying past and present price action to predict the probability of Palladyne's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palladyne's price. Additionally, you may evaluate how the addition of Palladyne to your portfolios can decrease your overall portfolio volatility.
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Is Palladyne'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 Palladyne. If investors know Palladyne 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 Palladyne listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.51) | Revenue Per Share 0.283 | Quarterly Revenue Growth 0.499 | Return On Assets (0.42) | Return On Equity (1.27) |
The market value of Palladyne AI Corp is measured differently than its book value, which is the value of Palladyne that is recorded on the company's balance sheet. Investors also form their own opinion of Palladyne's value that differs from its market value or its book value, called intrinsic value, which is Palladyne'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 Palladyne's market value can be influenced by many factors that don't directly affect Palladyne'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 Palladyne's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palladyne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palladyne'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.