Deep Dive Into Penumbra Stock: Analyst Perspectives (6 Ratings)
Portfolio Pulse from Benzinga Insights
Penumbra (NYSE:PEN) received mixed analyst ratings over the last three months, with 6 analysts offering diverse perspectives. The average 12-month price target is $269.00, with a high of $295.00 and a low of $240.00. Recent actions include both raised and lowered price targets and ratings. Penumbra develops medical devices and has shown a revenue growth of 26.8% as of September 30, 2023. However, it has below-average net margin, ROE, and ROA, but a low debt-to-equity ratio of 0.21. The company's market capitalization is below industry averages.
January 11, 2024 | 7:01 pm
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NEUTRAL IMPACT
Penumbra has received mixed analyst ratings, with recent price target adjustments. The company shows strong revenue growth but struggles with profitability and efficiency metrics.
The mixed analyst ratings and the recent positive shift in the average price target suggest a neutral short-term impact on Penumbra's stock price. The strong revenue growth is a positive sign, but concerns about profitability and efficiency could temper investor enthusiasm.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100