Puma Biotechnology Inc (NASDAQ: PBYI) has a higher price-to-earnings ratio of 16.35x compared to its average ratio. PBYI has 36-month beta value of 1.03. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 4 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for PBYI is 35.16M, and currently, short sellers hold a 10.28% ratio of that float. The average trading volume of PBYI on November 08, 2024 was 304.53K shares.
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PBYI) stock’s latest price update
Puma Biotechnology Inc (NASDAQ: PBYI)’s stock price has plunge by -1.32relation to previous closing price of 3.03. Nevertheless, the company has seen a 1.36% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-07 that Puma Biotechnology, Inc. (NASDAQ:PBYI ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Mariann Ohanesian – Senior Director, IR Alan Auerbach – CEO, President and Chairman Maximo Nougues – CFO Jeff Ludwig – Chief Commercial Officer Conference Call Participants Ed White – H.C. Wainwright Divya Rao – TD Cowen Operator Good afternoon.
PBYI’s Market Performance
Puma Biotechnology Inc (PBYI) has experienced a 1.36% rise in stock performance for the past week, with a 10.33% rise in the past month, and a -13.71% drop in the past quarter. The volatility ratio for the week is 5.75%, and the volatility levels for the past 30 days are at 5.23% for PBYI. The simple moving average for the last 20 days is 3.55% for PBYI stock, with a simple moving average of -25.09% for the last 200 days.
Analysts’ Opinion of PBYI
Many brokerage firms have already submitted their reports for PBYI stocks, with Citigroup repeating the rating for PBYI by listing it as a “Buy.” The predicted price for PBYI in the upcoming period, according to Citigroup is $11 based on the research report published on September 28, 2021 of the previous year 2021.
BofA/Merrill, on the other hand, stated in their research note that they expect to see PBYI reach a price target of $9. The rating they have provided for PBYI stocks is “Underperform” according to the report published on June 25th, 2020.
Goldman gave a rating of “Sell” to PBYI, setting the target price at $8 in the report published on October 08th of the previous year.
PBYI Trading at 11.88% from the 50-Day Moving Average
After a stumble in the market that brought PBYI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.32% of loss for the given period.
Volatility was left at 5.23%, however, over the last 30 days, the volatility rate increased by 5.75%, as shares surge +5.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.81% upper at present.
During the last 5 trading sessions, PBYI rose by +2.00%, which changed the moving average for the period of 200-days by -39.21% in comparison to the 20-day moving average, which settled at $2.89. In addition, Puma Biotechnology Inc saw -30.95% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PBYI starting from MILLER MICHAEL PATRICK, who sale 23,358 shares at the price of $3.49 back on Aug 12 ’24. After this action, MILLER MICHAEL PATRICK now owns 47,000 shares of Puma Biotechnology Inc, valued at $81,466 using the latest closing price.
MILLER MICHAEL PATRICK, the Director of Puma Biotechnology Inc, proposed sale 23,358 shares at $3.76 during a trade that took place back on Aug 12 ’24, which means that MILLER MICHAEL PATRICK is holding shares at $87,826 based on the most recent closing price.
Stock Fundamentals for PBYI
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.73 for the gross margin
The net margin for Puma Biotechnology Inc stands at 0.04. The total capital return value is set at 0.19. Equity return is now at value 22.10, with 4.30 for asset returns.
Based on Puma Biotechnology Inc (PBYI), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 1.94. The interest coverage ratio of the stock is 1.41.
Currently, EBITDA for the company is 44.78 million with net debt to EBITDA at 0.99. When we switch over and look at the enterprise to sales, we see a ratio of 0.81. The receivables turnover for the company is 7.8for trailing twelve months and the total asset turnover is 1.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.
Conclusion
To put it simply, Puma Biotechnology Inc (PBYI) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
