NYSE:PEN - Penumbra Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$142.47 -0.94 (-0.66 %)
(As of 05/20/2019 07:20 AM ET)
Previous Close$143.41
Today's Range$140.11 - $145.95
52-Week Range$110.84 - $167.35
Volume453,481 shs
Average Volume539,229 shs
Market Capitalization$4.95 billion
P/E Ratio279.35
Dividend YieldN/A
Beta0.71
Penumbra, Inc. designs, develops, manufactures, and markets medical devices in the United States, Europe, Canada, Australia, Japan, and internationally. The company offers neurovascular access systems designed to provide intracranial access for use in a range of neurovascular therapies under the Neuron, Neuron MAX, Select, BENCHMARK, DDC, and PX SLIM brands; aspiration based thrombectomy systems and accessory devices, including revascularization device for mechanical thrombectomy, such as Penumbra System under the ACE and the 3D Revascularization Device brands. It also offers neurovascular embolization coiling systems to treat patients with various sizes of aneurysms and other neurovascular lesions under the Penumbra Coil 400 and Penumbra SMART Coil brands. In addition, the company provides neurosurgical aspiration tools for the removal of tissue and fluids under the Artemis Neuro Evacuation Device brand; and detachable embolic coil systems for peripheral embolization under the RUBY Coil brand, as well as microcatheter for the delivery of detachable coils and occlusion devices under the LANTERN brand. Further, it offers detachable, microcatheter-deliverable occlusion devices designed primarily to occlude peripheral vessels under the POD (Penumbra Occlusion Device) brand; and aspiration-based thrombectomy systems for peripheral applications under the Indigo System brand, as well as a complementary device for use with RUBY Coil and POD for vessel occlusion under the POD Packing Coil brand. The company sells its products through direct sales organizations and distributors to hospitals in neuro and peripheral vascular markets. Penumbra, Inc. was founded in 2004 and is headquartered in Alameda, California.

Receive PEN News and Ratings via Email

Sign-up to receive the latest news and ratings for PEN and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
CUSIPN/A
Phone510-748-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$444.94 million
Cash Flow$0.7101 per share
Book Value$12.57 per share

Profitability

Net Income$6.60 million

Miscellaneous

Employees2,200
Market Cap$4.95 billion
Next Earnings Date8/6/2019 (Estimated)
OptionableOptionable

Penumbra (NYSE:PEN) Frequently Asked Questions

What is Penumbra's stock symbol?

Penumbra trades on the New York Stock Exchange (NYSE) under the ticker symbol "PEN."

How were Penumbra's earnings last quarter?

Penumbra Inc (NYSE:PEN) announced its quarterly earnings data on Tuesday, May, 7th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.10. The business earned $128.44 million during the quarter, compared to analysts' expectations of $123.09 million. Penumbra had a return on equity of 5.84% and a net margin of 2.51%. The business's quarterly revenue was up 25.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.15 EPS. View Penumbra's Earnings History.

When is Penumbra's next earnings date?

Penumbra is scheduled to release their next quarterly earnings announcement on Tuesday, August 6th 2019. View Earnings Estimates for Penumbra.

What guidance has Penumbra issued on next quarter's earnings?

Penumbra issued an update on its FY 2019 earnings guidance on Tuesday, February, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $525-535 million, compared to the consensus revenue estimate of $530.75 million.

What price target have analysts set for PEN?

6 analysts have issued twelve-month price objectives for Penumbra's shares. Their predictions range from $36.00 to $180.00. On average, they expect Penumbra's stock price to reach $140.40 in the next year. This suggests that the stock has a possible downside of 1.5%. View Analyst Price Targets for Penumbra.

What is the consensus analysts' recommendation for Penumbra?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penumbra in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Penumbra.

What are Wall Street analysts saying about Penumbra stock?

Here are some recent quotes from research analysts about Penumbra stock:
  • 1. According to Zacks Investment Research, "Penumbra, Inc. is an interventional therapies company. It designs, develops, manufactures and markets medical devices. The company's portfolio of products primarily addresses neuro and peripheral vascular medical conditions and clinical needs. Neuro products include Neurovascular Access, Neuron Access System, BENCHMARK Intracranial Access System, Penumbra System, 3D, Penumbra Coil 400, Penumbra SMART Coil and LIBERTY stent. Peripheral vascular products include Ruby Coil System, Penumbra Occlusion Device and Indigo System. It operates primarily in U.S., Europe, Canada and Australia. Penumbra, Inc. is headquartered in Alameda, California. " (5/11/2019)
  • 2. Canaccord Genuity analysts commented, "We followed up with management this morning and discerned several noteworthy details about the firm’s newest aspiration system. PEN’s newest aspiration catheter includes three critical improvements and upgrades to PEN’s own ACE 68 catheter, further distancing and differentiating PEN from the competition in clot aspiration within the acute ischemic stroke market, in our view: 1. Larger diameter – JET 7 has the largest internal diameter of any aspiration catheter ever cleared – 0.72 inner diameter compared to PEN’s previous 0.68 catheter (Ace 68) – with JET 7’s larger diameter driving a significant increase in the number of cases in which the entire is able to be aspirated almost immediately (within 1-2 minutes)." (8/20/2018)

Has Penumbra been receiving favorable news coverage?

Media headlines about PEN stock have been trending positive recently, according to InfoTrie. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Penumbra earned a coverage optimism score of 2.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Who are some of Penumbra's key competitors?

What other stocks do shareholders of Penumbra own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Penumbra investors own include NVIDIA (NVDA), Alibaba Group (BABA), Splunk (SPLK), Intuitive Surgical (ISRG), Netflix (NFLX), salesforce.com (CRM), Home Depot (HD), Cisco Systems (CSCO), DexCom (DXCM) and Boeing (BA).

Who are Penumbra's key executives?

Penumbra's management team includes the folowing people:
  • Mr. Adam Elsesser, Co Founder, Chairman, CEO & Pres (Age 57)
  • Dr. Arani Bose, Co-Founder, Chief Innovator and Director (Age 57)
  • Mr. Sridhar N. Kosaraju, CFO and Head of Strategy (Age 41)
  • Ms. Lynn Rothman, Chief Bus. Officer and Exec. VP (Age 58)
  • Mr. Daniel Donen Davis, Chief Commercial Officer (Age 41)

Who are Penumbra's major shareholders?

Penumbra's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (14.96%), Wellington Management Group LLP (7.41%), Morgan Stanley (6.28%), BlackRock Inc. (4.38%), Baillie Gifford & Co. (2.67%) and William Blair Investment Management LLC (1.98%). Company insiders that own Penumbra stock include Adam Elsesser, Arani Bose, Bridget O'rourke, Daniel Donen Davis, Don W Kassing, Harpreet Grewal, James Robert Pray, Johanna Roberts, Lynn Rothman, Robert D Evans, Sridhar Kosaraju and Thomas Wilder. View Institutional Ownership Trends for Penumbra.

Which major investors are selling Penumbra stock?

PEN stock was sold by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, First Trust Advisors LP, BlackRock Inc., Federated Investors Inc. PA, Schonfeld Strategic Advisors LLC, SEI Investments Co, Los Angeles Capital Management & Equity Research Inc. and Kennedy Capital Management Inc.. Company insiders that have sold Penumbra company stock in the last year include Adam Elsesser, Arani Bose, Bridget O'rourke, Daniel Donen Davis, Don W Kassing, Harpreet Grewal, James Robert Pray, Johanna Roberts, Robert D Evans, Sridhar Kosaraju and Thomas Wilder. View Insider Buying and Selling for Penumbra.

Which major investors are buying Penumbra stock?

PEN stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Wellington Management Group LLP, Wells Fargo & Company MN, FMR LLC, Azimuth Capital Management LLC, Charles Schwab Investment Management Inc., OppenheimerFunds Inc. and Oak Ridge Investments LLC. View Insider Buying and Selling for Penumbra.

How do I buy shares of Penumbra?

Shares of PEN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Penumbra's stock price today?

One share of PEN stock can currently be purchased for approximately $142.47.

How big of a company is Penumbra?

Penumbra has a market capitalization of $4.95 billion and generates $444.94 million in revenue each year. The company earns $6.60 million in net income (profit) each year or $0.51 on an earnings per share basis. Penumbra employs 2,200 workers across the globe.

What is Penumbra's official website?

The official website for Penumbra is http://www.penumbrainc.com.

How can I contact Penumbra?

Penumbra's mailing address is One Penumbra Place, Alameda CA, 94502. The company can be reached via phone at 510-748-3200 or via email at [email protected]


MarketBeat Community Rating for Penumbra (NYSE PEN)

Community Ranking:  3.5 out of 5 (star star star half star)
Outperform Votes:  387 (Vote Outperform)
Underperform Votes:  164 (Vote Underperform)
Total Votes:  551
MarketBeat's community ratings are surveys of what our community members think about Penumbra and other stocks. Vote "Outperform" if you believe PEN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PEN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

Featured Article: Hedge Funds Explained

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel