Palatin Technologies Stock Target Price and Analyst Consensus

PTN Stock  USD 1.73  0.02  1.14%   
The current analyst and expert consensus on Palatin Technologies is Strong Buy, with 2 strong buy opinions. The current projected Palatin Technologies target price consensus is 43.00 with 3 analyst opinions. The most common way Palatin Technologies analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Palatin Technologies executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Palatin Technologies. We encourage you to use your own analysis of Palatin Technologies to validate this buy or sell advice. Palatin Technologies buy-or-sell recommendation module provides average expert sentiment on the projected Palatin Technologies target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Palatin Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Palatin Stock, please use our How to Invest in Palatin Technologies guide.
Lowest Forecast
39.13
Highest Forecast
47.73
Target Price
43
At this time, Palatin Technologies' Gross Profit is very stable compared to the past year. As of the 24th of April 2024, Gross Profit Margin is likely to grow to 1.10, while Pretax Profit Margin is likely to drop (8.01). At this time, Palatin Technologies' Net Receivables is very stable compared to the past year. As of the 24th of April 2024, Common Stock Total Equity is likely to grow to about 2.8 M, while Short and Long Term Debt Total is likely to drop about 1.1 M.
  
It's important to approach Palatin Technologies' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Palatin Technologies price targets

Palatin Technologies' stock target price is an estimate of its future price, usually made by analysts. Using Palatin Technologies' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Palatin Technologies' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Palatin Technologies' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Palatin Technologies Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Palatin Technologies is a key component of Palatin Technologies valuation and have some predictive power on the future returns of a Palatin Technologies.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Palatin Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.091.7511.13
Details
Intrinsic
Valuation
LowRealHigh
0.081.6811.06
Details
Naive
Forecast
LowNextHigh
0.031.4110.78
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.66-0.5-0.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Palatin Technologies. Your research has to be compared to or analyzed against Palatin Technologies' peers to derive any actionable benefits. When done correctly, Palatin Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Palatin Technologies.

Trending Themes

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When determining whether Palatin Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Palatin Technologies' 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 Palatin Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Palatin Technologies Stock:
Check out Macroaxis Advice on Palatin Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Palatin Stock, please use our How to Invest in Palatin Technologies guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Palatin Technologies' price analysis, check to measure Palatin Technologies' 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 Palatin Technologies is operating at the current time. Most of Palatin Technologies' value examination focuses on studying past and present price action to predict the probability of Palatin Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palatin Technologies' price. Additionally, you may evaluate how the addition of Palatin Technologies to your portfolios can decrease your overall portfolio volatility.
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The data published in Palatin Technologies' official financial statements usually reflect Palatin Technologies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Palatin Technologies. For example, before you start analyzing numbers published by Palatin accountants, it's critical to develop an understanding of what Palatin Technologies' liquidity, profitability, and earnings quality are in the context of the Biotechnology space in which it operates.
Please note, the presentation of Palatin Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Palatin Technologies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Palatin Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Palatin Technologies. Please utilize our Beneish M Score to check the likelihood of Palatin Technologies' management manipulating its earnings.