PennantPark Investment Corporation
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $6.63
- Today's High:
- $6.7
- Open Price:
- $6.63
- 52W Low:
- $4.5428
- 52W High:
- $7.07
- Prev. Close:
- $6.62
- Volume:
- 302536
Company Statistics
- Market Cap.:
- $431.79 million
- Book Value:
- 7.721
- Revenue TTM:
- $140.25 million
- Operating Margin TTM:
- 80.45%
- Gross Profit TTM:
- $104.97 million
- Profit Margin:
- -57.75%
- Return on Assets TTM:
- 5.45%
- Return on Equity TTM:
- -14.27%
Company Profile
PennantPark Investment Corporation had its IPO on 2007-04-19 under the ticker symbol PNNT.
The company operates in the Financial Services sector and Asset Management industry. PennantPark Investment Corporation has a staff strength of 0 employees.
Stock update
Shares of PennantPark Investment Corporation opened at $6.63 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $6.63 - $6.7, and closed at $6.65.
This is a +0.45% increase from the previous day's closing price.
A total volume of 302,536 shares were traded at the close of the day’s session.
In the last one week, shares of PennantPark Investment Corporation have slipped by -1.19%.
PennantPark Investment Corporation's Key Ratios
PennantPark Investment Corporation has a market cap of $431.79 million, indicating a price to book ratio of 0.6639 and a price to sales ratio of 3.6289.
In the last 12-months PennantPark Investment Corporation’s revenue was $140.25 million with a gross profit of $104.97 million and an EBITDA of $0. The EBITDA ratio measures PennantPark Investment Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, PennantPark Investment Corporation’s operating margin was 80.45% while its return on assets stood at 5.45% with a return of equity of -14.27%.
In Q2, PennantPark Investment Corporation’s quarterly earnings growth was a positive 57.8% while revenue growth was a positive 92.8%.
PennantPark Investment Corporation’s PE and PEG Ratio
- Forward PE
- 7.593
- Trailing PE
- 0
- PEG
- 0.279
Its diluted EPS in the last 12-months stands at $-1.23 per share while it has a forward price to earnings multiple of 7.593 and a PEG multiple of 0.279. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into PennantPark Investment Corporation’s profitability.
PennantPark Investment Corporation stock is trading at a EV to sales ratio of 18.8581 and a EV to EBITDA ratio of 19.0683. Its price to sales ratio in the trailing 12-months stood at 3.6289.
PennantPark Investment Corporation stock pays annual dividends of $0.7 per share, indicating a yield of 11.48% and a payout ratio of 83.52%.
Balance sheet and cash flow metrics
- Total Assets
- $1.16 billion
- Total Liabilities
- $26.77 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $0
- Dividend Payout Ratio
- 83.52%
PennantPark Investment Corporation ended 2024 with $1.16 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.16 billion while shareholder equity stood at $503.62 million.
PennantPark Investment Corporation ended 2024 with $0 in deferred long-term liabilities, $26.77 million in other current liabilities, 65000.00 in common stock, $-244615000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $42.78 million and cash and short-term investments were $42.78 million. The company’s total short-term debt was $307,661,000 while long-term debt stood at $309.46 million.
PennantPark Investment Corporation’s total current assets stands at $68.46 million while long-term investments were $1.08 billion and short-term investments were $1.14 billion. Its net receivables were $25.68 million compared to accounts payable of $26.77 million and inventory worth $0.
In 2024, PennantPark Investment Corporation's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, PennantPark Investment Corporation paid $0.84 in dividends in 2024.
Other key metrics
- Current Trading Price
- $6.65
- 52-Week High
- $7.07
- 52-Week Low
- $4.5428
- Analyst Target Price
- $6.39
PennantPark Investment Corporation stock is currently trading at $6.65 per share. It touched a 52-week high of $7.07 and a 52-week low of $7.07. Analysts tracking the stock have a 12-month average target price of $6.39.
Its 50-day moving average was $6.48 and 200-day moving average was $5.6 The short ratio stood at 1.04 indicating a short percent outstanding of 0%.
Around 298% of the company’s stock are held by insiders while 3438.4% are held by institutions.
Frequently Asked Questions About PennantPark Investment Corporation
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About
PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in buildings and real estate, hotels, gaming and leisure, technology, telecommunications, transportation, information technology services, electronics, healthcare & pharmaceuticals, education and childcare, financial services, printing and publishing, consumer products, business services, energy & Related Services and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, building materials, capital equipment, chemicals, plastics, & rubber, food & beverage, wholesale, manufacturing and basic industries and retail. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, senior secured debt, subordinated debt, subordinated loans, first lien debt, mezzanine loans, and distressed debt securities and private equity co-investments. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $100 million cross the capital structure (senior secured loans, subordinated debt, and other investments) in its portfolio companies with EBITDA between $10 to $50 million. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The fund may also make non-control equity and debt investments.