Pennantpark Investment Stock Beta
| PNNT Stock | USD 6.94 0.03 0.43% |
PennantPark Investment fundamentals help investors to digest information that contributes to PennantPark Investment'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 Investment'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 Investment stock.
PennantPark | Beta |
PennantPark Investment Company Beta Analysis
PennantPark Investment's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current PennantPark Investment Beta | 1.57 |
Most of PennantPark Investment's fundamental indicators, such as Beta, 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 Investment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
PennantPark Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for PennantPark Investment is extremely important. It helps to project a fair market value of PennantPark Stock properly, considering its historical fundamentals such as Beta. Since PennantPark Investment'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 Investment'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 Investment's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, PennantPark Investment has a Beta of 1.57. This is 91.46% higher than that of the Capital Markets sector and 28.69% higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
PennantPark Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PennantPark Investment's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PennantPark Investment could also be used in its relative valuation, which is a method of valuing PennantPark Investment by comparing valuation metrics of similar companies.PennantPark Investment is currently under evaluation in beta category among its peers.
PennantPark Investment Current Valuation Drivers
We derive many important indicators used in calculating different scores of PennantPark Investment from analyzing PennantPark Investment's financial statements. These drivers represent accounts that assess PennantPark Investment's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of PennantPark Investment's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 424.5M | 213.9M | 435.1M | 427.8M | 385.0M | 347.0M | |
| Enterprise Value | 1.0B | 756.4M | 1.0B | 905.8M | 815.3M | 642.1M |
PennantPark Investment 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 Investment's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to PennantPark Investment's managers, analysts, and investors.Environmental | Governance | Social |
PennantPark Investment Institutional Holders
Institutional Holdings refers to the ownership stake in PennantPark Investment that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of PennantPark Investment'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 PennantPark Investment's value.| Shares | Millennium Management Llc | 2024-06-30 | 361.3 K | Truvestments Capital Llc | 2024-06-30 | 311 K | Confluence Investment Management Llc | 2024-09-30 | 302.5 K | Newedge Wealth, Llc | 2024-09-30 | 283.3 K | Lido Advisors, Llc | 2024-06-30 | 246.3 K | Legacy Capital Wealth Partners, Llc | 2024-09-30 | 240.2 K | International Assets Investment Management, Llc | 2024-09-30 | 219.1 K | Rockefeller Capital Management L.p. | 2024-06-30 | 195.7 K | Qube Research & Technologies | 2024-06-30 | 181.8 K | Ares Management Llc | 2024-06-30 | 2.7 M | Lsv Asset Management | 2024-09-30 | 2 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, PennantPark Investment will likely underperform.
PennantPark Fundamentals
| Return On Equity | 0.0859 | |||
| Return On Asset | 0.0531 | |||
| Profit Margin | 0.30 % | |||
| Operating Margin | 0.76 % | |||
| Current Valuation | 1.15 B | |||
| Shares Outstanding | 65.3 M | |||
| Shares Owned By Insiders | 3.36 % | |||
| Shares Owned By Institutions | 23.83 % | |||
| Number Of Shares Shorted | 437.56 K | |||
| Price To Earning | 11.60 X | |||
| Price To Book | 0.93 X | |||
| Price To Sales | 3.21 X | |||
| Revenue | 145.37 M | |||
| Gross Profit | 145.37 M | |||
| EBITDA | (26.14 M) | |||
| Net Income | (33.81 M) | |||
| Cash And Equivalents | 29.55 M | |||
| Cash Per Share | 0.45 X | |||
| Total Debt | 516.84 M | |||
| Debt To Equity | 1.18 % | |||
| Current Ratio | 2.20 X | |||
| Book Value Per Share | 7.52 X | |||
| Cash Flow From Operations | 222.94 M | |||
| Short Ratio | 3.16 X | |||
| Earnings Per Share | 0.66 X | |||
| Price To Earnings To Growth | 0.28 X | |||
| Target Price | 6.92 | |||
| Beta | 1.57 | |||
| Market Capitalization | 453.15 M | |||
| Total Asset | 1.16 B | |||
| Retained Earnings | (244.34 M) | |||
| Annual Yield | 0.14 % | |||
| Five Year Return | 11.12 % | |||
| Net Asset | 1.16 B | |||
| Last Dividend Paid | 0.85 |
About PennantPark Investment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PennantPark Investment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PennantPark Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PennantPark Investment 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 Investment's price analysis, check to measure PennantPark Investment'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 Investment is operating at the current time. Most of PennantPark Investment's value examination focuses on studying past and present price action to predict the probability of PennantPark Investment'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 Investment's price. Additionally, you may evaluate how the addition of PennantPark Investment to your portfolios can decrease your overall portfolio volatility.