Paragon 28 Stock Today

FNA Stock  USD 10.04  0.39  3.74%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 32

 
High
 
Low
Below Average
Paragon 28 is trading at 10.04 as of the 25th of November 2024, a 3.74 percent decrease since the beginning of the trading day. The stock's open price was 10.43. Paragon 28 has about a 32 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Note, on August 15, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Paragon 28's common stock.
Business Domain
Health Care Equipment & Services
IPO Date
15th of October 2021
Category
Healthcare
Classification
Health Care
Paragon 28, Inc. designs, develops, distributes, and sells foot and ankle surgical systems in the United States and internationally. Paragon 28, Inc. was founded in 2010 and is headquartered in Englewood, Colorado. Paragon 28 operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. The company has 83.72 M outstanding shares of which 6.78 M shares are currently shorted by investors with about 14.61 days to cover. More on Paragon 28

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Paragon Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOAlbert DaCosta
Thematic IdeaMedical Equipment (View all Themes)
Old Names[FIRST NIAGARA FINL, FIRST NIAGARA FINL - Frankfurt Stock Exchang]
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NYSE Composite, Medical Equipment, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.00.6351
Way Up
Slightly volatile
Gross Profit Margin0.890.7985
Moderately Up
Very volatile
Total Current Liabilities49.1 M51.2 M
Sufficiently Down
Very volatile
Non Current Liabilities Total117.3 M111.7 M
Sufficiently Up
Slightly volatile
Total Assets220.3 M340.7 M
Way Down
Slightly volatile
Total Current Assets145.3 M215.8 M
Way Down
Slightly volatile
Debt Levels
Paragon 28 can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Paragon 28's financial leverage. It provides some insight into what part of Paragon 28's total assets is financed by creditors.
Liquidity
Paragon 28 has 112.03 M in debt with debt to equity (D/E) ratio of 0.24, which may show that the company is not taking advantage of profits from borrowing. Paragon 28 has a current ratio of 3.59, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Paragon to invest in growth at high rates of return.

Sale Purchase Of Stock

0.0
Paragon 28 (FNA) is traded on New York Stock Exchange in USA. It is located in 14445 Grasslands Drive, Englewood, CO, United States, 80112 and employs 574 people. Paragon 28 is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 840.55 M. Paragon 28 runs under Health Care Equipment & Supplies sector within Health Care industry. The entity has 83.72 M outstanding shares of which 6.78 M shares are currently shorted by investors with about 14.61 days to cover. 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.
Check Paragon 28 Probability Of Bankruptcy
Ownership Allocation
Paragon 28 owns a total of 83.72 Million outstanding shares. Over half of Paragon 28's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Also note that almost one million five hundred fifteen thousand three hundred thirty-eight invesors are currently shorting Paragon 28 expressing very little confidence in its future performance.
Check Paragon Ownership Details

Paragon Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
967.5 K
Morgan Stanley - Brokerage Accounts2024-06-30
963.3 K
Bank Of America Corp2024-06-30
750.9 K
Eversept Partners, Llc2024-09-30
749.2 K
Millennium Management Llc2024-06-30
725.5 K
Thrivent Financial For Lutherans2024-09-30
674.5 K
Wellington Management Company Llp2024-06-30
649.6 K
Park Edge Advisors, Llc2024-09-30
598.9 K
Peregrine Capital Management,llc2024-09-30
491 K
Mvm Partners Llc2024-09-30
10.9 M
First Light Asset Management, Llc2024-09-30
10.2 M
View Paragon 28 Diagnostics

Paragon 28 Historical Income Statement

At present, Paragon 28's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 273.2 K, whereas Tax Provision is projected to grow to (266 K). View More Fundamentals

Paragon Stock Against Markets

Paragon 28 Corporate Management

Matthew JarboeExecutive OfficerProfile
B JohnsonDirectorProfile
Matthew BrinckmanSenior RelationsProfile
Matt JarboeChief Commercial OfficerProfile
Matt BrinckmanSenior RelationsProfile
When determining whether Paragon 28 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paragon 28's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paragon 28 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paragon 28 Stock:
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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.