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Paltalk, Inc. (PALT)
NASDAQ:PALT
Paltalk (PALT) Stock Price & Analysis
64 Followers
PALT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.53 - $5.19
Previous Close$4.45
Volume6.19K
Average Volume (3M)20.48K
Market Cap
$41.04M
Enterprise Value$28.05M
Total Cash (Recent Filing)$13.05M
Total Debt (Recent Filing)$56.16K
Price to Earnings (P/E)―
Beta0.83
Next Earnings
Aug 08, 2024EPS Estimate
$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.09
Shares Outstanding9,222,157
10 Day Avg. Volume30,472
30 Day Avg. Volume20,478
Standard Deviation0.47
R-Squared0.00743
Alpha0.06
Financial Highlights & Ratios
Price to Book (P/B)3.55
Price to Sales (P/S)3.60
Price to Cash Flow (P/CF)-99.70
P/FCF Ratio126.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.55
Enterprise Value/Gross Profit3.62
Enterprise Value/Ebitda-41.53
Forecast
1Y Price Target
$4.50Price Target Upside1.12% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Paltalk News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company ended 1Q24 with $13.0M in cash, which represents ~40% of the market cap, and no debt.
Product ExpansionManyCam offering expanded to the enterprise segment with a new version expected to be released.
Revenue GrowthDeclines in subscription revenue were offset by a pick-up in advertising revenue. New advertising partners and units are contributing to stronger results in the segment.
Bears Say
EarningsAdjusted EBITDA loss of ($0.5M) came in below our estimate of +$0.1M.
LitigationManagement stated litigation-related expenses will affect the majority of any gross proceeds from the Cisco trial.
Revenue4Q23 revenue of $2.7M, down 4% year-over-year and missing the estimate.
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Ownership Overview
32.48% Insiders
3.11% Mutual Funds
3.06% Other Institutional Investors
61.35% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
PALT FAQ
What was Paltalk, Inc.’s price range in the past 12 months?
Paltalk, Inc. lowest stock price was $1.53 and its highest was $5.19 in the past 12 months.
What is Paltalk, Inc.’s market cap?
Currently, no data Available
When is Paltalk, Inc.’s upcoming earnings report date?
Paltalk, Inc.’s upcoming earnings report date is Aug 08, 2024 which is in 11 days.
How were Paltalk, Inc.’s earnings last quarter?
Paltalk, Inc. released its earnings results on May 09, 2024. The company reported -$0.05 earnings per share for the quarter, missing the consensus estimate of $0.05 by -$0.1.
Is Paltalk, Inc. overvalued?
According to Wall Street analysts Paltalk, Inc.’s price is currently Undervalued.
Does Paltalk, Inc. pay dividends?
Paltalk, Inc. does not currently pay dividends.
What is Paltalk, Inc.’s EPS estimate?
Paltalk, Inc.’s EPS estimate is $0.07.
How many shares outstanding does Paltalk, Inc. have?
Paltalk, Inc. has 9,222,157 shares outstanding.
What happened to Paltalk, Inc.’s price movement after its last earnings report?
Paltalk, Inc. reported an EPS of -$0.05 in its last earnings report, missing expectations of $0.05. Following the earnings report the stock price went up 1.567%.
Which hedge fund is a major shareholder of Paltalk, Inc.?
Among the largest hedge funds holding Paltalk, Inc.’s share is Highbridge Capital Management LLC. It holds Paltalk, Inc.’s shares valued at N/A.
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Paltalk Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$4.50 (1.12% Upside)
$4.50 (1.12% Upside)
Hedge Fund Trend
Decreased
By 328.0 Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
158.72%
12-Months-Change
Fundamentals
Return on Equity
-4.11%
Trailing 12-Months
Asset Growth
-5.41%
Trailing 12-Months
Company Description
Paltalk, Inc.
PeerStream, Inc. engages in the development of communications software and solutions for video, voice & text applications and data transmission. It also develops proprietary PeerStream Protocol by using multi-layered encryption, blockchain technology to offer clients maximal data security and confidentiality over distributed or decentralized networks. Its products include Paltalk, Camfrog, Backchannel, FirstMet, 50more, Firetalk, Ribbit Live, The Grade, Tinychat, and Vumber. The company was founded by Clifford Lerner and Darrell Lerner on July 19, 2005 and is headquartered in New York, NY.
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PALT Earnings Call
Q4 2024
0:00 / 0:00
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PALT Stock 12 Month Forecast
Average Price Target
$4.50
▲(1.12% Upside)
Technical Analysis
Best Analysts Covering PALT
1 Year
1 Year Success Rate
5/9 ratings generated profit
1 Year Average Return
+30.10%
reiterated a buy rating 3 months ago
Copying Allen Klee's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +30.10% per trade.
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