Palatin Technologies, Inc. (PTN)
NYSEAMERICAN: PTN · IEX Real-Time Price · USD
1.870
+0.050 (2.75%)
Apr 16, 2024, 4:00 PM EDT - Market closed

Palatin Technologies Statistics

Total Valuation

PTN has a market cap or net worth of $30.18 million. The enterprise value is $21.51 million.

Market Cap 30.18M
Enterprise Value 21.51M

Important Dates

The next estimated earnings date is Tuesday, May 14, 2024, before market open.

Earnings Date May 14, 2024
Ex-Dividend Date n/a

Share Statistics

PTN has 16.14 million shares outstanding. The number of shares has increased by 30.50% in one year.

Shares Outstanding 16.14M
Shares Change (YoY) +30.50%
Shares Change (QoQ) +15.83%
Owned by Insiders (%) 3.35%
Owned by Institutions (%) 10.72%
Float 15.54M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 4.25
Forward PS 36.08
PB Ratio n/a
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 3.03
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.09

Current Ratio 1.09
Quick Ratio 1.06
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -1,813.65

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) -184.90%
Return on Capital (ROIC) n/a
Revenue Per Employee $208,756
Profits Per Employee -$929,259
Employee Count 34
Asset Turnover 0.42
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -29.43% in the last 52 weeks. The beta is 0.89, so PTN's price volatility has been lower than the market average.

Beta (1Y) 0.89
52-Week Price Change -29.43%
50-Day Moving Average 2.40
200-Day Moving Average 2.38
Relative Strength Index (RSI) 47.39
Average Volume (30 Days) 718,491

Short Selling Information

The latest short interest is 1.46 million, so 9.02% of the outstanding shares have been sold short.

Short Interest 1.46M
Short Previous Month 1.16M
Short % of Shares Out 9.02%
Short % of Float 9.37%
Short Ratio (days to cover) 2.61

Income Statement

In the last 12 months, PTN had revenue of $7.10 million and -$31.59 million in losses. Loss per share was -$2.61.

Revenue 7.10M
Gross Profit 6.77M
Operating Income -23.06M
Pretax Income -31.59M
Net Income -31.59M
EBITDA -31.25M
EBIT -31.58M
Loss Per Share -$2.61
Full Income Statement

Balance Sheet

The company has $9.49 million in cash and $821,374 in debt, giving a net cash position of $8.66 million or $0.54 per share.

Cash & Cash Equivalents 9.49M
Total Debt 821,374
Net Cash 8.66M
Net Cash Per Share $0.54
Equity / Book Value -11.38M
Book Value Per Share -0.71
Working Capital 1.05M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$27.40 million and capital expenditures -$206,886, giving a free cash flow of -$27.60 million.

Operating Cash Flow -27.40M
Capital Expenditures -206,886
Free Cash Flow -27.60M
FCF Per Share -$1.96
Full Cash Flow Statement

Margins

Gross margin is 95.34%, with operating and profit margins of -324.83% and -445.14%.

Gross Margin 95.34%
Operating Margin -324.83%
Pretax Margin -445.14%
Profit Margin -445.14%
EBITDA Margin -440.23%
EBIT Margin -444.90%
FCF Margin -388.90%

Dividends & Yields

PTN does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -30.50%
Shareholder Yield -30.50%
Earnings Yield -104.70%
FCF Yield -91.48%

Analyst Forecast

The average price target for PTN is $17.00, which is 809.09% higher than the current price. The consensus rating is "Strong Buy".

Price Target $17.00
Price Target Difference 809.09%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) 44.14%
EPS Growth Forecast (5Y) -39.09%
Stock Forecasts

Stock Splits

The last stock split was on August 31, 2022. It was a reverse split with a ratio of 1:25.

Last Split Date Aug 31, 2022
Split Type Reverse
Split Ratio 1:25

Scores

PTN has an Altman Z-Score of -50.24 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -50.24
Piotroski F-Score 4