Free Trial

Pigeon (OTCMKTS:PGENY) Stock Price Up 28.6% - Here's What Happened

Pigeon logo with Consumer Discretionary background

Key Points

  • Pigeon Corp's stock price surged by 28.6% during trading, reaching $3.23, after closing at $2.51.
  • The company reported a quarterly revenue of $197.33 million, surpassing analyst estimates of $195.90 million, with an EPS of $0.04.
  • Pigeon Corp specializes in the manufacture and sale of a range of products including baby and child-care items, operating in several international markets.
  • MarketBeat previews the top five stocks to own by November 1st.

Pigeon Corp (OTCMKTS:PGENY - Get Free Report) shot up 28.6% during trading on Monday . The company traded as high as $3.23 and last traded at $3.23. 100 shares were traded during trading, a decline of 68% from the average session volume of 316 shares. The stock had previously closed at $2.51.

Pigeon Stock Performance

The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of 24.82 and a beta of 0.08. The stock's fifty day moving average is $2.94 and its two-hundred day moving average is $2.96.

Pigeon (OTCMKTS:PGENY - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.04 EPS for the quarter. The firm had revenue of $197.33 million for the quarter, compared to analyst estimates of $195.90 million. Pigeon had a net margin of 8.82% and a return on equity of 11.95%. Sell-side analysts anticipate that Pigeon Corp will post 0.12 earnings per share for the current year.

About Pigeon

(Get Free Report)

Pigeon Corporation, together with its subsidiaries, engages in the manufacture, sale, import, and export of baby and child-care products, maternity items, women's care products, home healthcare products, and nursing care products in Japan and internationally. The company operates in four segments: Japan Business, China Business, Singapore Business, and Lansinoh Business.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Pigeon Right Now?

Before you consider Pigeon, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pigeon wasn't on the list.

While Pigeon currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.