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Penguin Solutions (PENG)
NASDAQ:PENG
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PENG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.87 - $29.81
Previous Close$19.87
Volume1.13M
Average Volume (3M)971.68K
Market Cap
$1.06B
Enterprise Value$1.40B
Total Cash (Recent Filing)$389.48M
Total Debt (Recent Filing)$717.89M
Price to Earnings (P/E)―
Beta2.51
Next Earnings
Jan 08, 2025EPS Estimate
$0.4Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.00
Shares Outstanding53,289,867
10 Day Avg. Volume832,587
30 Day Avg. Volume971,683
Standard Deviation0.17
R-Squared0.30
Alpha-0.00435
Financial Highlights & Ratios
Price to Book (P/B)2.50
Price to Sales (P/S)0.87
Price to Cash Flow (P/CF)3.30
P/FCF Ratio3.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.36
Enterprise Value/Gross Profit4.09
Enterprise Value/Ebitda16.90
Forecast
1Y Price Target
$22.75Price Target Upside16.01% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Penguin Solutions News
PremiumCompany Announcements
Penguin Solutions Secures $200M Investment from SK Telecom
Bulls Say, Bears Say
Bulls Say
Market PositioningA targeted go-to-market strategy focuses on underserved mid-sized enterprise customers, which positions Penguin Solutions to tap into a significant market.
Strategic TransformationThe company's transition from a cyclical memory business to an enterprise AI solutions provider is considered a strategic business transformation that can drive future growth.
Valuation And InvestmentAn attractive valuation and recent strategic investment from South Korean conglomerate, SK Telecom, enhance Penguin's prospects.
Bears Say
Business CyclicalitySeveral of the end markets that PENG operates in are more cyclical in nature, with about half of PENG's total revenue coming from memory and LED.
Competition And DistractionsStiff competition for AI initiatives and potential distractions from the LED business are risks that may hinder Penguin Solutions from reaching the price target.
Customer ConcentrationRisks that may prevent reaching the price target include business cyclicality, customer concentration, stiff competition for AI initiatives, and potential distractions from the LED business.
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Ownership Overview
3.76% Insiders
29.74% Mutual Funds
23.68% Other Institutional Investors
9.36% 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
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PENG FAQ
What was Penguin Solutions’s price range in the past 12 months?
Penguin Solutions lowest stock price was $14.87 and its highest was $29.81 in the past 12 months.
What is Penguin Solutions’s market cap?
Currently, no data Available
When is Penguin Solutions’s upcoming earnings report date?
Penguin Solutions’s upcoming earnings report date is Jan 08, 2025 which is in 18 days.
How were Penguin Solutions’s earnings last quarter?
Penguin Solutions released its earnings results on Oct 15, 2024. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.4 by -$0.03.
Is Penguin Solutions overvalued?
According to Wall Street analysts Penguin Solutions’s price is currently Undervalued.
Does Penguin Solutions pay dividends?
Penguin Solutions does not currently pay dividends.
What is Penguin Solutions’s EPS estimate?
Penguin Solutions’s EPS estimate is $0.4.
How many shares outstanding does Penguin Solutions have?
Penguin Solutions has 53,289,867 shares outstanding.
What happened to Penguin Solutions’s price movement after its last earnings report?
Penguin Solutions reported an EPS of $0.37 in its last earnings report, missing expectations of $0.4. Following the earnings report the stock price went down -23.469%.
Which hedge fund is a major shareholder of Penguin Solutions?
Among the largest hedge funds holding Penguin Solutions’s share is Crosslink Capital Inc. It holds Penguin Solutions’s shares valued at 53M.
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Penguin Solutions Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$22.75 (16.01% Upside)
$22.75 (16.01% Upside)
Hedge Fund Trend
Increased
By 53.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.17%
12-Months-Change
Fundamentals
Return on Equity
-14.44%
Trailing 12-Months
Asset Growth
-2.09%
Trailing 12-Months
Company Description
Penguin Solutions
SMART Global Holdings, Inc. engages in the design, manufacture, and sale of specialty memory solutions and services to the electronics industry. It deals with the computer, industrial, networking, telecommunications, aerospace, and defense markets. It has a product line that includes DRAM and Flash memory technologies. The company is founded in 1988 and is headquartered in Newark, CA.
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PENG Company Deck
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PENG Earnings Call
Q4 2024
0:00 / 0:00
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PENG Stock 12 Month Forecast
Average Price Target
$22.75
▲(16.01% Upside)
Technical Analysis
Best Analysts Covering PENG
1 Year
1 Year Success Rate
21/37 ratings generated profit
1 Year Average Return
+9.68%
reiterated a buy rating 5 months ago
Copying Kevin Cassidy's trades and holding each position for 1 Year would result in 56.76% of your transactions generating a profit, with an average return of +9.68% per trade.
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