Pennantpark Floating Rate Stock Shares Outstanding
PFLT Stock | USD 11.07 0.03 0.27% |
PennantPark Floating Rate fundamentals help investors to digest information that contributes to PennantPark Floating's financial success or failures. It also enables traders to predict the movement of PennantPark Stock. The fundamental analysis module provides a way to measure PennantPark Floating's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PennantPark Floating stock.
Common Stock Shares Outstanding is likely to drop to about 30.3 M in 2024. PennantPark | Shares Outstanding |
PennantPark Floating Rate Company Shares Outstanding Analysis
PennantPark Floating's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current PennantPark Floating Shares Outstanding | 73.42 M |
Most of PennantPark Floating's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PennantPark Floating Rate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
PennantPark Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for PennantPark Floating is extremely important. It helps to project a fair market value of PennantPark Stock properly, considering its historical fundamentals such as Shares Outstanding. Since PennantPark Floating's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of PennantPark Floating's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of PennantPark Floating's interrelated accounts and indicators.
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PennantPark Shares Outstanding Historical Pattern
Today, most investors in PennantPark Floating Stock are looking for potential investment opportunities by analyzing not only static indicators but also various PennantPark Floating's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of PennantPark Floating shares outstanding as a starting point in their analysis.
PennantPark Floating Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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PennantPark Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, PennantPark Floating Rate has 73.42 M of shares currently outstending. This is 96.0% lower than that of the Capital Markets sector and 54.57% lower than that of the Financials industry. The shares outstanding for all United States stocks is 87.16% higher than that of the company.
PennantPark Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PennantPark Floating's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PennantPark Floating could also be used in its relative valuation, which is a method of valuing PennantPark Floating by comparing valuation metrics of similar companies.PennantPark Floating is currently under evaluation in shares outstanding category among its peers.
PennantPark Floating Current Valuation Drivers
We derive many important indicators used in calculating different scores of PennantPark Floating from analyzing PennantPark Floating's financial statements. These drivers represent accounts that assess PennantPark Floating's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of PennantPark Floating's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 327.2M | 496.0M | 394.2M | 543.5M | 489.2M | 258.3M | |
Enterprise Value | 922.9M | 1.1B | 1.0B | 938.4M | 844.6M | 500.8M |
PennantPark Floating ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, PennantPark Floating's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to PennantPark Floating's managers, analysts, and investors.Environmental | Governance | Social |
PennantPark Fundamentals
Return On Equity | 0.14 | ||||
Return On Asset | 0.0544 | ||||
Profit Margin | 0.59 % | ||||
Operating Margin | 0.78 % | ||||
Current Valuation | 971.4 M | ||||
Shares Outstanding | 73.42 M | ||||
Shares Owned By Insiders | 1.12 % | ||||
Shares Owned By Institutions | 22.74 % | ||||
Number Of Shares Shorted | 1.13 M | ||||
Price To Earning | 12.77 X | ||||
Price To Book | 1.00 X | ||||
Price To Sales | 4.88 X | ||||
Revenue | 42.16 M | ||||
Gross Profit | 139.34 M | ||||
EBITDA | 37.73 M | ||||
Net Income | 39.26 M | ||||
Cash And Equivalents | 40.62 M | ||||
Cash Per Share | 0.98 X | ||||
Total Debt | 495.43 M | ||||
Debt To Equity | 1.50 % | ||||
Current Ratio | 2.62 X | ||||
Book Value Per Share | 11.34 X | ||||
Cash Flow From Operations | 140.56 M | ||||
Short Ratio | 0.71 X | ||||
Earnings Per Share | 1.66 X | ||||
Price To Earnings To Growth | 0.27 X | ||||
Target Price | 11.67 | ||||
Beta | 1.68 | ||||
Market Capitalization | 812.77 M | ||||
Total Asset | 1.18 B | ||||
Retained Earnings | (111.64 M) | ||||
Annual Yield | 0.11 % | ||||
Five Year Return | 9.58 % | ||||
Net Asset | 1.18 B | ||||
Last Dividend Paid | 1.23 |
About PennantPark Floating Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PennantPark Floating Rate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PennantPark Floating using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PennantPark Floating Rate based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for PennantPark Stock Analysis
When running PennantPark Floating's price analysis, check to measure PennantPark Floating'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 PennantPark Floating is operating at the current time. Most of PennantPark Floating's value examination focuses on studying past and present price action to predict the probability of PennantPark Floating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Floating's price. Additionally, you may evaluate how the addition of PennantPark Floating to your portfolios can decrease your overall portfolio volatility.