While Penguin Solutions Inc has underperformed by -1.23%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PENG fell by -8.08%, with highs and lows ranging from $29.80 to $14.20, whereas the simple moving average fell by -16.60% in the last 200 days.
On March 31, 2025, JP Morgan started tracking Penguin Solutions Inc (NASDAQ: PENG) recommending Neutral. A report published by Loop Capital on January 07, 2025, Initiated its previous ‘Buy’ rating for PENG. JMP Securities also rated PENG shares as ‘Mkt Outperform’, setting a target price of $23 on the company’s shares in an initiating report dated November 18, 2024. Goldman Initiated an Buy rating on November 01, 2024, and assigned a price target of $21. Needham resumed its ‘Buy’ rating for PENG, as published in its report on October 16, 2024. Needham’s report from October 13, 2023 suggests a price prediction of $22 for PENG shares, giving the stock a ‘Buy’ rating. Needham also rated the stock as ‘Buy’.
Analysis of Penguin Solutions Inc (PENG)
Further, the quarter-over-quarter increase in sales is 8.60%, showing a positive trend in the upcoming months.
Penguin Solutions Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 6.17% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.71, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and PENG has an average volume of 1.20M. On a monthly basis, the volatility of the stock is set at 4.13%, whereas on a weekly basis, it is put at 4.83%, with a loss of -6.32% over the past seven days. Furthermore, long-term investors anticipate a median target price of $26.00, showing growth from the present price of $17.64, which can serve as yet another indication of whether PENG is worth investing in or should be passed over.
How Do You Analyze Penguin Solutions Inc Shares?
Information Technology Services giant Penguin Solutions Inc (PENG) is based in the USA and is one of the largest companies in the market. When comparing Penguin Solutions Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 58800.00, there is a growth in quarterly earnings of 120.00%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 3.79%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 110.19% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
