Is Paragon 28 Stock a Good Investment?
Paragon 28 Investment Advice | FNA |
- Examine Paragon 28's 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 Paragon 28's leadership team and their track record. Good management can help Paragon 28 navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact Paragon 28's business and its evolving consumer preferences.
- Compare Paragon 28's performance and market position to its competitors. Analyze how Paragon 28 is positioned in terms of product offerings, innovation, and market share.
- Check if Paragon 28 pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Paragon 28's 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 Paragon 28 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 Paragon 28 is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Solid | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Paragon 28 Stock
Researching Paragon 28's 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). About 41.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.67. Paragon 28 had not issued any dividends in recent years.
To determine if Paragon 28 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 Paragon 28's research are outlined below:
| Paragon 28 is way too risky over 90 days horizon | |
| Paragon 28 appears to be risky and price may revert if volatility continues | |
| The company reported the last year's revenue of 216.39 M. Reported Net Loss for the year was (57.53 M) with profit before taxes, overhead, and interest of 189.88 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. | |
| Roughly 61.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 84323 shares by Mvm Partners, Llc of Paragon 28 at 11.938 subject to Rule 16b-3 |
Paragon 28 Quarterly Gross Profit |
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Paragon 28 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 Paragon 28. 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 Paragon 28's 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.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Paragon 28's 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 Paragon 28's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-05-04 | 2023-03-31 | -0.1 | -0.11 | -0.01 | 10 | ||
2024-11-04 | 2024-09-30 | -0.16 | -0.1437 | 0.0163 | 10 | ||
2023-08-02 | 2023-06-30 | -0.1 | -0.13 | -0.03 | 30 | ||
2023-03-02 | 2022-12-31 | -0.1 | -0.15 | -0.05 | 50 | ||
2024-05-08 | 2024-03-31 | -0.12 | -0.18 | -0.06 | 50 | ||
2022-05-09 | 2022-03-31 | -0.06 | -0.12 | -0.06 | 100 | ||
2022-08-03 | 2022-06-30 | -0.06 | -0.13 | -0.07 | 116 | ||
2024-02-29 | 2023-12-31 | -0.09 | -0.23 | -0.14 | 155 |
Paragon 28 Target Price Consensus
Paragon target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Paragon 28's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 7 | Strong Buy |
Most Paragon analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Paragon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Paragon 28, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationParagon 28 Target Price Projection
Paragon 28's current and average target prices are 13.03 and 14.33, respectively. The current price of Paragon 28 is the price at which Paragon 28 is currently trading. On the other hand, Paragon 28's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Paragon 28 Market Quote on 31st of January 2025
Target Price
Analyst Consensus On Paragon 28 Target Price
Paragon 28 Analyst Ratings
Paragon 28's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Paragon 28 stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Paragon 28's financials, market performance, and future outlook by experienced professionals. Paragon 28's historical ratings below, therefore, can serve as a valuable tool for investors.Know Paragon 28's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Paragon 28 is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Paragon 28 backward and forwards among themselves. Paragon 28's institutional investor refers to the entity that pools money to purchase Paragon 28's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 967.5 K | Bank Of America Corp | 2024-09-30 | 863.6 K | Jpmorgan Chase & Co | 2024-09-30 | 784.9 K | Eversept Partners, Llc | 2024-09-30 | 749.2 K | Wellington Management Company Llp | 2024-09-30 | 694.8 K | Thrivent Financial For Lutherans | 2024-09-30 | 674.5 K | Park Edge Advisors, Llc | 2024-09-30 | 598.9 K | Peregrine Capital Management,llc | 2024-09-30 | 491 K | Northern Trust Corp | 2024-09-30 | 426.4 K | Mvm Partners Llc | 2024-09-30 | 10.9 M | First Light Asset Management, Llc | 2024-09-30 | 10.2 M |
Paragon 28's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.09 B.Market Cap |
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Paragon 28's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.23) | (0.21) | |
| Return On Capital Employed | (0.18) | (0.17) | |
| Return On Assets | (0.19) | (0.18) | |
| Return On Equity | (0.37) | (0.35) |
Determining Paragon 28's profitability involves analyzing its financial statements and using various financial metrics to determine if Paragon 28 is a good buy. For example, gross profit margin measures Paragon 28's 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 Paragon 28's profitability and make more informed investment decisions.
Paragon 28's Earnings Breakdown by Geography
Please note, the presentation of Paragon 28's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Paragon 28's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Paragon 28's management manipulating its earnings.
Evaluate Paragon 28's management efficiency
Paragon 28 has Return on Asset of (0.0839) % which means that on every $100 spent on assets, it lost $0.0839. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.3371) %, meaning that it generated no profit with money invested by stockholders. Paragon 28's management efficiency ratios could be used to measure how well Paragon 28 manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.21. The current year's Return On Capital Employed is expected to grow to -0.17. At present, Paragon 28's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 0.31, whereas Total Assets are forecasted to decline to about 246.1 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.95 | 1.25 | |
| Tangible Book Value Per Share | 1.43 | 1.00 | |
| Enterprise Value Over EBITDA | (33.19) | (34.85) | |
| Price Book Value Ratio | 6.60 | 6.27 | |
| Enterprise Value Multiple | (33.19) | (34.85) | |
| Price Fair Value | 6.60 | 6.27 | |
| Enterprise Value | 1.2 B | 1.4 B |
Leadership effectiveness at Paragon 28 is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 1.007 |
Basic technical analysis of Paragon Stock
As of the 31st of January, Paragon 28 holds the Coefficient Of Variation of 338.5, risk adjusted performance of 0.2552, and Semi Deviation of 1.53. Paragon 28 technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices.Paragon 28's 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 Paragon 28 insiders, such as employees or executives, is commonly permitted as long as it does not rely on Paragon 28's 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 Paragon 28 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.
Paragon 28's Outstanding Corporate Bonds
Paragon 28 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. Paragon 28 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 Paragon bonds can be classified according to their maturity, which is the date when Paragon 28 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.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand Paragon 28's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Paragon 28's 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 | 0.2552 | |||
| Market Risk Adjusted Performance | (9.11) | |||
| Mean Deviation | 3.14 | |||
| Semi Deviation | 1.53 | |||
| Downside Deviation | 2.56 | |||
| Coefficient Of Variation | 338.5 | |||
| Standard Deviation | 5.64 | |||
| Variance | 31.83 | |||
| Information Ratio | 0.2777 | |||
| Jensen Alpha | 1.67 | |||
| Total Risk Alpha | 1.05 | |||
| Sortino Ratio | 0.6122 | |||
| Treynor Ratio | (9.12) | |||
| Maximum Drawdown | 43.16 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 7.83 | |||
| Downside Variance | 6.55 | |||
| Semi Variance | 2.33 | |||
| Expected Short fall | (3.94) | |||
| Skewness | 4.19 | |||
| Kurtosis | 24.73 |
| Risk Adjusted Performance | 0.2552 | |||
| Market Risk Adjusted Performance | (9.11) | |||
| Mean Deviation | 3.14 | |||
| Semi Deviation | 1.53 | |||
| Downside Deviation | 2.56 | |||
| Coefficient Of Variation | 338.5 | |||
| Standard Deviation | 5.64 | |||
| Variance | 31.83 | |||
| Information Ratio | 0.2777 | |||
| Jensen Alpha | 1.67 | |||
| Total Risk Alpha | 1.05 | |||
| Sortino Ratio | 0.6122 | |||
| Treynor Ratio | (9.12) | |||
| Maximum Drawdown | 43.16 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 7.83 | |||
| Downside Variance | 6.55 | |||
| Semi Variance | 2.33 | |||
| Expected Short fall | (3.94) | |||
| Skewness | 4.19 | |||
| Kurtosis | 24.73 |
Consider Paragon 28's intraday indicators
Paragon 28 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 Paragon 28 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 | 17322.72 | |||
| Daily Balance Of Power | 0.6667 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 13.01 | |||
| Day Typical Price | 13.02 | |||
| Price Action Indicator | 0.04 | |||
| Period Momentum Indicator | 0.04 |
Paragon 28 Corporate Filings
| 30th of January 2025 Other Reports | ViewVerify | |
| 29th of January 2025 Other Reports | ViewVerify | |
F4 | 27th of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 13th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Paragon Stock media impact
Far too much social signal, news, headlines, and media speculation about Paragon 28 that are available to investors today. That information is available publicly through Paragon media outlets and privately through word of mouth or via Paragon internal channels. However, regardless of the origin, that massive amount of Paragon 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 Paragon 28 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 Paragon 28 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 Paragon 28's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Paragon 28 alpha.
Paragon 28 Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Paragon 28 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.
Paragon 28 Corporate Management
| Sanket JD | Deputy VP | Profile | |
| Matthew Jarboe | Executive Officer | Profile | |
| B Johnson | Director | Profile | |
| Matthew Brinckman | Senior Relations | Profile | |
| Matt Jarboe | Chief Commercial Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 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. For information on how to trade Paragon Stock refer to our How to Trade Paragon Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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 | Quarterly Revenue Growth 0.181 | Return On Assets | Return On Equity |
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.
In summary, please note that there is a difference between Paragon 28's value and its price, as these two are different measures arrived at by various 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.