Palladyne Ai Corp Stock Today

PDYN Stock   7.69  1.46  15.96%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 48

 
High
 
Low
About Average
Palladyne is selling at 7.69 as of the 18th of January 2025; that is 15.96% down since the beginning of the trading day. The stock's open price was 9.15. Palladyne has 48 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Palladyne symbol was changed from STRC on 8th of April 2024. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 18th of January 2025. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
27th of September 2021
Category
Technology
Classification
Information Technology
Palladyne is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 30.11 M outstanding shares of which 4.13 M shares are at this time shorted by private and institutional investors with about 0.34 trading days to cover. More on Palladyne AI Corp

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Palladyne Stock Highlights

Older SymbolSTRC
Executive ChairmanLaura Peterson
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology (View all Sectors)
Average Analyst Recommendation
Debt Levels
Palladyne 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 Palladyne's financial leverage. It provides some insight into what part of Palladyne's total assets is financed by creditors.
Liquidity
Palladyne AI Corp currently holds 12.4 M in liabilities. Note, when we think about Palladyne's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(4.56 Million)
Palladyne AI Corp (PDYN) is traded on NASDAQ Exchange in USA. It is located in 650 South 500 West, Salt Lake City, UT, United States, 84101 and employs 70 people. Palladyne AI Corp was previously known as STRC Old and was traded on NASDAQ Exchange under the symbol STRC. Palladyne is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 231.56 M. Palladyne AI Corp conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 30.11 M outstanding shares of which 4.13 M shares are at this time shorted by private and institutional investors with about 0.34 trading days to cover. Palladyne generates negative cash flow from operations
Check Palladyne Probability Of Bankruptcy
Ownership Allocation
Palladyne owns a total of 30.11 Million outstanding shares. Palladyne has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Palladyne Ownership Details

Palladyne Stock Institutional Holders

InstituionRecorded OnShares
Xtx Topco Ltd2024-09-30
30.6 K
Morgan Stanley - Brokerage Accounts2024-09-30
29 K
Northern Trust Corp2024-09-30
20.6 K
Envestnet Asset Management Inc2024-09-30
18.9 K
Comerica Bank2024-09-30
18.9 K
Charles Schwab Investment Management Inc2024-09-30
16.1 K
Goss Wealth Management Llc2024-09-30
8.9 K
Bank Of America Corp2024-09-30
6.4 K
Tower Research Capital Llc2024-09-30
4.2 K
Vanguard Group Inc2024-09-30
619.3 K
Delta Air Lines, Inc.2024-09-30
377.4 K
View Palladyne Diagnostics

Palladyne Historical Income Statement

At this time, Palladyne's Tax Provision is very stable compared to the past year. As of the 18th of January 2025, Net Interest Income is likely to grow to about 4 M, while Selling And Marketing Expenses is likely to drop about 7.2 M. View More Fundamentals

Palladyne Stock Against Markets

Palladyne Corporate Management

Trevor ThatcherChief OfficerProfile
Kristi MartindalaChief OfficerProfile
Matt VogtChief OfficerProfile
Steve JDChief SecretaryProfile
When determining whether Palladyne AI Corp is a strong investment it is important to analyze Palladyne's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Palladyne's future performance. For an informed investment choice regarding Palladyne Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palladyne AI Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
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Is Electronic Equipment, Instruments & Components 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 Palladyne. If investors know Palladyne 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 Palladyne listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.18)
Revenue Per Share
0.337
Quarterly Revenue Growth
1.125
Return On Assets
(0.36)
Return On Equity
(1.21)
The market value of Palladyne AI Corp is measured differently than its book value, which is the value of Palladyne that is recorded on the company's balance sheet. Investors also form their own opinion of Palladyne's value that differs from its market value or its book value, called intrinsic value, which is Palladyne'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 Palladyne's market value can be influenced by many factors that don't directly affect Palladyne'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 Palladyne's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palladyne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palladyne'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.