Palatin Technologies Stock Buy Hold or Sell Recommendation
| PTN Stock | USD 0.88 0.02 2.33% |
Considering the 90-day investment horizon and your highly speculative risk level, our recommendation regarding Palatin Technologies is 'Strong Sell'. The recommendation algorithm takes into account all of Palatin Technologies' available fundamental, technical, and predictive indicators you will find on this site.
Check out Palatin Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Palatin Stock, please use our How to Invest in Palatin Technologies guide. In addition, we conduct extensive research on individual companies such as Palatin and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Palatin Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Palatin |
Execute Palatin Technologies Buy or Sell Advice
The Palatin recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Palatin Technologies. Macroaxis does not own or have any residual interests in Palatin Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Palatin Technologies' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Palatin Technologies Trading Alerts and Improvement Suggestions
| Palatin Technologies generated a negative expected return over the last 90 days | |
| Palatin Technologies has high historical volatility and very poor performance | |
| Palatin Technologies has some characteristics of a very speculative penny stock | |
| Palatin Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 4.49 M. Reported Net Loss for the year was (29.74 M) with loss before taxes, overhead, and interest of (18.2 M). | |
| Palatin Technologies has about 7.99 M in cash with (31.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Palatin Technologies has a frail financial position based on the latest SEC disclosures | |
| Latest headline from investing.com: Palatin Technologies stock stays Buy rated after completing Phase 2 enrollment in UC trial |
Palatin Technologies Returns Distribution Density
The distribution of Palatin Technologies' historical returns is an attempt to chart the uncertainty of Palatin Technologies' future price movements. The chart of the probability distribution of Palatin Technologies daily returns describes the distribution of returns around its average expected value. We use Palatin Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Palatin Technologies returns is essential to provide solid investment advice for Palatin Technologies.
| Mean Return | -0.62 | Value At Risk | -10.08 | Potential Upside | 9.57 | Standard Deviation | 5.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Palatin Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Palatin Technologies Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 39.3M | (22.7M) | (30.2M) | (21.9M) | 1.5M | 1.6M | |
| Free Cash Flow | 41.3M | (22.7M) | (30.2M) | (28.9M) | (31.5M) | (29.9M) | |
| Depreciation | 64.2K | 51.1K | 126.7K | 288.3K | 339.1K | 503.1K | |
| Other Non Cash Items | 299.0K | 19.4M | 203.9K | (2.6M) | (530.3K) | (556.8K) | |
| Capital Expenditures | 62.9K | 5.7K | 261.4K | 433.9K | 42.5K | 40.4K | |
| Net Income | (22.4M) | (33.6M) | (36.2M) | (27.5M) | (29.7M) | (28.2M) | |
| End Period Cash Flow | 82.9M | 60.1M | 29.9M | 8.0M | 9.5M | 9.1M | |
| Change To Inventory | (524.6K) | (987.2K) | 217.5K | 418.5K | (1.2M) | (1.1M) | |
| Net Borrowings | (6.5M) | (832.9K) | (56.5K) | (100.9K) | (90.8K) | (95.4K) | |
| Dividends Paid | 115.8K | 2.5M | 221.3K | 146.1K | 168.0K | 303.1K | |
| Change To Netincome | 3.1M | 22.8M | 2.7M | 1.2M | 1.4M | 1.3M | |
| Investments | (62.9K) | (5.7K) | (261.4K) | (3.4M) | 12.5M | 13.1M |
Palatin Technologies Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Palatin Technologies or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Palatin Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Palatin stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.65 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 5.76 | |
Ir | Information ratio | -0.13 |
Palatin Technologies Volatility Alert
Palatin Technologies exhibits very low volatility with skewness of 0.08 and kurtosis of 0.64. Palatin Technologies is a potential penny stock. Although Palatin Technologies may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Palatin Technologies. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Palatin instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Palatin Technologies Fundamentals Vs Peers
Comparing Palatin Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Palatin Technologies' direct or indirect competition across all of the common fundamentals between Palatin Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Palatin Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Palatin Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Palatin Technologies by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Palatin Technologies to competition |
| Fundamentals | Palatin Technologies | Peer Average |
| Return On Equity | -6.23 | -0.31 |
| Return On Asset | -1.32 | -0.14 |
| Operating Margin | (23.79) % | (5.51) % |
| Current Valuation | 11.98 M | 16.62 B |
| Shares Outstanding | 19.55 M | 571.82 M |
| Shares Owned By Insiders | 3.50 % | 10.09 % |
| Shares Owned By Institutions | 7.88 % | 39.21 % |
| Number Of Shares Shorted | 1.17 M | 4.71 M |
| Price To Earning | 3.16 X | 28.72 X |
| Price To Book | 15.83 X | 9.51 X |
| Price To Sales | 3.88 X | 11.42 X |
| Revenue | 4.49 M | 9.43 B |
| Gross Profit | (18.2 M) | 27.38 B |
| EBITDA | (29.03 M) | 3.9 B |
| Net Income | (29.74 M) | 570.98 M |
| Cash And Equivalents | 7.99 M | 2.7 B |
| Cash Per Share | 3.22 X | 5.01 X |
| Total Debt | 590.34 K | 5.32 B |
| Debt To Equity | 0.07 % | 48.70 % |
| Current Ratio | 2.13 X | 2.16 X |
| Book Value Per Share | (0.01) X | 1.93 K |
| Cash Flow From Operations | (31.46 M) | 971.22 M |
| Short Ratio | 4.47 X | 4.00 X |
| Earnings Per Share | (1.90) X | 3.12 X |
| Target Price | 17.0 | |
| Number Of Employees | 30 | 18.84 K |
| Beta | 0.94 | -0.15 |
| Market Capitalization | 17.42 M | 19.03 B |
| Total Asset | 10.74 M | 29.47 B |
| Retained Earnings | (441.77 M) | 9.33 B |
| Working Capital | 111.99 K | 1.48 B |
| Current Asset | 10.7 M | 9.34 B |
| Current Liabilities | 13.88 M | 7.9 B |
Note: Acquisition by Stephen Wills of 7051 shares of Palatin Technologies subject to Rule 16b-3 [view details]
Palatin Technologies Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Palatin . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 29194.49 | |||
| Daily Balance Of Power | 0.2 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 0.84 | |||
| Day Typical Price | 0.85 | |||
| Price Action Indicator | 0.05 | |||
| Period Momentum Indicator | 0.02 |
About Palatin Technologies Buy or Sell Advice
When is the right time to buy or sell Palatin Technologies? Buying financial instruments such as Palatin Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Palatin Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Palatin Stock, please use our How to Invest in Palatin Technologies guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Palatin Technologies. If investors know Palatin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Palatin Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.90) | Revenue Per Share 0.306 | Quarterly Revenue Growth (0.80) | Return On Assets (1.32) | Return On Equity (6.23) |
The market value of Palatin Technologies is measured differently than its book value, which is the value of Palatin that is recorded on the company's balance sheet. Investors also form their own opinion of Palatin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Palatin Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Palatin Technologies' market value can be influenced by many factors that don't directly affect Palatin Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Palatin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Palatin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palatin Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.