Is Palatin Technologies Stock a Good Investment?
Palatin Technologies Investment Advice | PTN |
- Examine Palatin Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Palatin Technologies' leadership team and their track record. Good management can help Palatin Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Biotechnology space and any emerging trends that could impact Palatin Technologies' business and its evolving consumer preferences.
- Compare Palatin Technologies' performance and market position to its competitors. Analyze how Palatin Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Palatin Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Palatin Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Palatin Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Palatin Technologies is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Palatin Technologies Stock
Researching Palatin Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company recorded a loss per share of 1.98. Palatin Technologies had not issued any dividends in recent years. The entity had 1:25 split on the 31st of August 2022.
To determine if Palatin Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Palatin Technologies' research are outlined below:
| Palatin Technologies generated a negative expected return over the last 90 days | |
| Palatin Technologies has high historical volatility and very poor performance | |
| Palatin Technologies has some characteristics of a very speculative penny stock | |
| Palatin Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 4.49 M. Reported Net Loss for the year was (29.74 M) with loss before taxes, overhead, and interest of (18.2 M). | |
| Palatin Technologies has about 7.99 M in cash with (31.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Palatin Technologies has a frail financial position based on the latest SEC disclosures | |
| Latest headline from investing.com: Palatin Technologies stock stays Buy rated after completing Phase 2 enrollment in UC trial |
Palatin Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Palatin Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Palatin Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 21st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of September 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Palatin Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Palatin Technologies' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-11-14 | 2023-09-30 | -0.41 | -0.48 | -0.07 | 17 | ||
2019-05-09 | 2019-03-31 | -0.67 | -0.75 | -0.08 | 11 | ||
2014-11-14 | 2014-09-30 | 0.33 | 0.25 | -0.08 | 24 | ||
2018-11-09 | 2018-09-30 | -0.87 | -0.75 | 0.12 | 13 | ||
2017-11-13 | 2017-09-30 | -0.08 | 0.05 | 0.13 | 162 | ||
2020-09-25 | 2020-06-30 | -0.58 | -0.75 | -0.17 | 29 | ||
2019-02-11 | 2018-12-31 | -0.67 | -0.5 | 0.17 | 25 | ||
2023-05-15 | 2023-03-31 | -0.39 | -0.63 | -0.24 | 61 |
Palatin Technologies' market capitalization trends
The company currently falls under 'Micro-Cap' category with a total capitalization of 17.88 M.Market Cap |
|
Palatin Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (2.77) | (2.63) | |
| Return On Capital Employed | (20.74) | (19.70) | |
| Return On Assets | (2.77) | (2.63) | |
| Return On Equity | 266.70 | 280.03 |
Determining Palatin Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Palatin Technologies is a good buy. For example, gross profit margin measures Palatin Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Palatin Technologies' profitability and make more informed investment decisions.
Evaluate Palatin Technologies' management efficiency
Palatin Technologies has Return on Asset of (1.3196) % which means that on every $100 spent on assets, it lost $1.3196. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (6.232) %, meaning that it generated no profit with money invested by stockholders. Palatin Technologies' management efficiency ratios could be used to measure how well Palatin Technologies manages its routine affairs as well as how well it operates its assets and liabilities. As of the 11th of December 2024, Return On Equity is likely to grow to 280.03, though Return On Tangible Assets are likely to grow to (2.63). As of the 11th of December 2024, Non Current Assets Total is likely to grow to about 1.9 M, while Total Assets are likely to drop about 10.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (0.01) | (0.01) | |
| Tangible Book Value Per Share | (0.01) | (0.01) | |
| Enterprise Value Over EBITDA | (0.63) | (0.67) | |
| Price Book Value Ratio | (245.18) | (232.92) | |
| Enterprise Value Multiple | (0.63) | (0.67) | |
| Price Fair Value | (245.18) | (232.92) | |
| Enterprise Value | 18.4 M | 35.2 M |
Understanding the operational decisions made by Palatin Technologies management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 0.94 |
Basic technical analysis of Palatin Stock
As of the 11th of December 2024, Palatin Technologies holds the Variance of 32.23, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,093). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Palatin Technologies, as well as the relationship between them.Palatin Technologies' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Palatin Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Palatin Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Palatin Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Palatin Technologies' Outstanding Corporate Bonds
Palatin Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Palatin Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Palatin bonds can be classified according to their maturity, which is the date when Palatin Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand Palatin Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Palatin Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (2.42) | |||
| Mean Deviation | 4.17 | |||
| Coefficient Of Variation | (1,093) | |||
| Standard Deviation | 5.68 | |||
| Variance | 32.23 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (1.43) | |||
| Treynor Ratio | (2.43) | |||
| Maximum Drawdown | 25.15 | |||
| Value At Risk | (10.08) | |||
| Potential Upside | 9.57 | |||
| Skewness | 0.0459 | |||
| Kurtosis | 0.7263 |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (2.42) | |||
| Mean Deviation | 4.17 | |||
| Coefficient Of Variation | (1,093) | |||
| Standard Deviation | 5.68 | |||
| Variance | 32.23 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (1.43) | |||
| Treynor Ratio | (2.43) | |||
| Maximum Drawdown | 25.15 | |||
| Value At Risk | (10.08) | |||
| Potential Upside | 9.57 | |||
| Skewness | 0.0459 | |||
| Kurtosis | 0.7263 |
Consider Palatin Technologies' intraday indicators
Palatin Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Palatin Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 39564.49 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 0.92 | |||
| Day Typical Price | 0.91 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.06) | |||
| Relative Strength Index | 49.31 |
Palatin Stock media impact
Far too much social signal, news, headlines, and media speculation about Palatin Technologies that are available to investors today. That information is available publicly through Palatin media outlets and privately through word of mouth or via Palatin internal channels. However, regardless of the origin, that massive amount of Palatin data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Palatin Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Palatin Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Palatin Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Palatin Technologies alpha.
Palatin Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Palatin Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Palatin Technologies Corporate Directors
| Joseph Hull | Independent Director | Profile | |
| Angela Rossetti | Independent Director | Profile | |
| Anthony Manning | Independent Director | Profile | |
| Alan Dunton | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palatin Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Palatin Stock, please use our How to Invest in Palatin Technologies guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Biotechnology 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 Palatin Technologies. If investors know Palatin 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 Palatin Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.98) | Revenue Per Share 0.306 | Quarterly Revenue Growth (0.80) | Return On Assets (1.32) | Return On Equity (6.23) |
The market value of Palatin Technologies is measured differently than its book value, which is the value of Palatin that is recorded on the company's balance sheet. Investors also form their own opinion of Palatin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Palatin Technologies' 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 Palatin Technologies' market value can be influenced by many factors that don't directly affect Palatin Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Palatin Technologies' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Palatin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palatin Technologies' 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.