Paragon 28 Stock Buy Hold or Sell Recommendation
| FNA Stock | USD 9.86 0.18 1.79% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Paragon 28 is 'Strong Sell'. Macroaxis provides Paragon 28 buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FNA positions.
Check out Paragon 28 Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Paragon Stock refer to our How to Trade Paragon Stock guide. In addition, we conduct extensive research on individual companies such as Paragon and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Paragon 28. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Paragon |
Execute Paragon 28 Buy or Sell Advice
The Paragon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Paragon 28. Macroaxis does not own or have any residual interests in Paragon 28 or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Paragon 28's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Paragon 28 Trading Alerts and Improvement Suggestions
| Paragon 28 had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 216.39 M. Reported Net Loss for the year was (47.84 M) with profit before taxes, overhead, and interest of 148.93 M. | |
| Paragon 28 has about 73 M in cash with (63.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.95. | |
| Paragon 28 has a frail financial position based on the latest SEC disclosures | |
| Roughly 61.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Glancy Prongay Murray LLP Reminds Investors of Looming Deadline in the Class Action ... |
Paragon 28 Returns Distribution Density
The distribution of Paragon 28's historical returns is an attempt to chart the uncertainty of Paragon 28's future price movements. The chart of the probability distribution of Paragon 28 daily returns describes the distribution of returns around its average expected value. We use Paragon 28 price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Paragon 28 returns is essential to provide solid investment advice for Paragon 28.
| Mean Return | 0.57 | Value At Risk | -6.3 | Potential Upside | 7.83 | Standard Deviation | 6.40 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Paragon 28 historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Paragon Stock Institutional Investors
| Shares | Geode Capital Management, Llc | 2024-09-30 | 967.5 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 963.3 K | Bank Of America Corp | 2024-06-30 | 750.9 K | Eversept Partners, Llc | 2024-09-30 | 749.2 K | Millennium Management Llc | 2024-06-30 | 725.5 K | Thrivent Financial For Lutherans | 2024-09-30 | 674.5 K | Wellington Management Company Llp | 2024-06-30 | 649.6 K | Park Edge Advisors, Llc | 2024-09-30 | 598.9 K | Peregrine Capital Management,llc | 2024-09-30 | 491 K | Mvm Partners Llc | 2024-09-30 | 10.9 M | First Light Asset Management, Llc | 2024-09-30 | 10.2 M |
Paragon 28 Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Paragon 28 or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Paragon 28's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Paragon stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 2.76 | |
σ | Overall volatility | 6.44 | |
Ir | Information ratio | 0.07 |
Paragon 28 Volatility Alert
Paragon 28 is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Paragon 28's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Paragon 28's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Paragon 28 Fundamentals Vs Peers
Comparing Paragon 28's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Paragon 28's direct or indirect competition across all of the common fundamentals between Paragon 28 and the related equities. This way, we can detect undervalued stocks with similar characteristics as Paragon 28 or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Paragon 28's fundamental indicators could also be used in its relative valuation, which is a method of valuing Paragon 28 by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Paragon 28 to competition |
| Fundamentals | Paragon 28 | Peer Average |
| Return On Equity | -0.34 | -0.31 |
| Return On Asset | -0.0839 | -0.14 |
| Profit Margin | (0.23) % | (1.27) % |
| Operating Margin | (0.14) % | (5.51) % |
| Current Valuation | 912.03 M | 16.62 B |
| Shares Outstanding | 83.72 M | 571.82 M |
| Shares Owned By Insiders | 40.56 % | 10.09 % |
| Shares Owned By Institutions | 61.25 % | 39.21 % |
| Number Of Shares Shorted | 6.78 M | 4.71 M |
| Price To Book | 6.03 X | 9.51 X |
| Price To Sales | 3.43 X | 11.42 X |
| Revenue | 216.39 M | 9.43 B |
| Gross Profit | 148.93 M | 27.38 B |
| EBITDA | (21.77 M) | 3.9 B |
| Net Income | (47.84 M) | 570.98 M |
| Cash And Equivalents | 73 M | 2.7 B |
| Cash Per Share | 0.95 X | 5.01 X |
| Total Debt | 112.03 M | 5.32 B |
| Debt To Equity | 0.24 % | 48.70 % |
| Current Ratio | 3.66 X | 2.16 X |
| Book Value Per Share | 1.67 X | 1.93 K |
| Cash Flow From Operations | (63.89 M) | 971.22 M |
| Short Ratio | 14.61 X | 4.00 X |
| Earnings Per Share | (0.67) X | 3.12 X |
| Target Price | 14.33 | |
| Number Of Employees | 574 | 18.84 K |
| Beta | 1.01 | -0.15 |
| Market Capitalization | 840.55 M | 19.03 B |
| Total Asset | 340.7 M | 29.47 B |
| Retained Earnings | (115.63 M) | 9.33 B |
| Working Capital | 164.57 M | 1.48 B |
| Net Asset | 340.7 M |
Note: Disposition of 7791 shares by Matthew Jarboe of Paragon 28 at 5.33 subject to Rule 16b-3 [view details]
Paragon 28 Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Paragon . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 39532.73 | |||
| Daily Balance Of Power | (0.36) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 9.97 | |||
| Day Typical Price | 9.93 | |||
| Price Action Indicator | (0.20) | |||
| Period Momentum Indicator | (0.18) | |||
| Relative Strength Index | 69.86 |
About Paragon 28 Buy or Sell Advice
When is the right time to buy or sell Paragon 28? Buying financial instruments such as Paragon Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out Paragon 28 Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Paragon Stock refer to our How to Trade Paragon Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Health Care Equipment & Supplies space 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 Paragon 28. If investors know Paragon 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 Paragon 28 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.67) | Revenue Per Share 2.95 | Quarterly Revenue Growth 0.181 | Return On Assets (0.08) | Return On Equity (0.34) |
The market value of Paragon 28 is measured differently than its book value, which is the value of Paragon that is recorded on the company's balance sheet. Investors also form their own opinion of Paragon 28's value that differs from its market value or its book value, called intrinsic value, which is Paragon 28'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 Paragon 28's market value can be influenced by many factors that don't directly affect Paragon 28'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 Paragon 28's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paragon 28 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paragon 28'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.