Palladyne AI Corp. (STRC)

NASDAQ: STRC · IEX Real-Time Price · USD
1.810
-0.170 (-8.59%)
At close: Mar 28, 2024, 4:00 PM
1.880
+0.070 (3.87%)
After-hours: Mar 28, 2024, 6:10 PM EDT

Total Valuation

Palladyne AI has a market cap or net worth of $46.84 million. The enterprise value is $20.15 million.

Market Cap 46.84M
Enterprise Value 20.15M

Important Dates

The next estimated earnings date is Wednesday, May 8, 2024, after market close.

Earnings Date May 8, 2024
Ex-Dividend Date n/a

Share Statistics

Palladyne AI has 25.90 million shares outstanding. The number of shares has increased by 4.76% in one year.

Shares Outstanding 25.90M
Shares Change (YoY) +4.76%
Shares Change (QoQ) +0.62%
Owned by Insiders (%) 62.08%
Owned by Institutions (%) 14.97%
Float 15.34M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 7.62
Forward PS n/a
PB Ratio 1.15
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 3.28
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 5.33, with a Debt / Equity ratio of 0.30.

Current Ratio 5.33
Quick Ratio 4.93
Debt / Equity 0.30
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -135.30% and return on invested capital (ROIC) is -226.93%.

Return on Equity (ROE) -135.30%
Return on Assets (ROA) -108.90%
Return on Capital (ROIC) -226.93%
Revenue Per Employee $87,800
Profits Per Employee -$1.65M
Employee Count 70
Asset Turnover 0.06
Inventory Turnover 2.18

Taxes

In the past 12 months, Palladyne AI has paid $7,000 in taxes.

Income Tax 7,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -32.96% in the last 52 weeks. The beta is 3.18, so Palladyne AI's price volatility has been higher than the market average.

Beta (1Y) 3.18
52-Week Price Change -32.96%
50-Day Moving Average 1.10
200-Day Moving Average 1.07
Relative Strength Index (RSI) 55.70
Average Volume (30 Days) 940,683

Short Selling Information

The latest short interest is 638,757, so 2.47% of the outstanding shares have been sold short.

Short Interest 638,757
Short Previous Month 1.52M
Short % of Shares Out 2.47%
Short % of Float 4.16%
Short Ratio (days to cover) 0.31

Income Statement

In the last 12 months, Palladyne AI had revenue of $6.15 million and -$115.59 million in losses. Loss per share was -$4.51.

Revenue 6.15M
Gross Profit 1.11M
Operating Income -120.96M
Pretax Income -115.59M
Net Income -115.59M
EBITDA -111.21M
EBIT -115.59M
Loss Per Share -$4.51
Full Income Statement

Balance Sheet

The company has $39.09 million in cash and $12.40 million in debt, giving a net cash position of $26.69 million or $1.03 per share.

Cash & Cash Equivalents 39.09M
Total Debt 12.40M
Net Cash 26.69M
Net Cash Per Share $1.03
Equity / Book Value 40.91M
Book Value Per Share 1.58
Working Capital 36.61M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$76.62 million and capital expenditures -$782,000, giving a free cash flow of -$77.40 million.

Operating Cash Flow -76.62M
Capital Expenditures -782,000
Free Cash Flow -77.40M
FCF Per Share -$3.02
Full Cash Flow Statement

Margins

Gross margin is 17.98%, with operating and profit margins of -1,968.04% and -1,880.78%.

Gross Margin 17.98%
Operating Margin -1,968.04%
Pretax Margin -1,880.67%
Profit Margin -1,880.78%
EBITDA Margin -1,809.49%
EBIT Margin -1,880.67%
FCF Margin -1,259.39%

Dividends & Yields

Palladyne AI 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 -4.76%
Shareholder Yield -4.76%
Earnings Yield -246.79%
FCF Yield -165.25%

Analyst Forecast

The average price target for Palladyne AI is $1.15, which is -36.46% lower than the current price. The consensus rating is "Hold".

Price Target $1.15
Price Target Difference -36.46%
Analyst Consensus Hold
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on July 6, 2023. It was a reverse split with a ratio of 1:6.

Last Split Date Jul 6, 2023
Split Type Reverse
Split Ratio 1:6

Scores

Palladyne AI has an Altman Z-Score of -13.73 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -13.73
Piotroski F-Score 2