NYSE:PEN

Penumbra Stock Forecast, Price & News

$279.47
+5.77 (+2.11 %)
(As of 06/23/2021 02:15 PM ET)
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Today's Range
$273.18
$280.66
50-Day Range
$235.00
$310.70
52-Week Range
$163.49
$320.00
Volume3,193 shs
Average Volume379,956 shs
Market Capitalization$10.20 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.29
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Penumbra logo

About Penumbra

Penumbra, Inc. designs, develops, manufactures, and markets medical devices in the United States, Europe, Canada, Australia, and internationally. The company offers aspiration based thrombectomy systems and accessory devices, including revascularization device for mechanical thrombectomy, such as Penumbra System under the Penumbra JET, ACE, 3D Revascularization Device, and Penumbra ENGINE brands, as well as components and accessories; neurovascular embolization coiling systems to treat patients with various sizes of aneurysms and other neurovascular lesions under the Penumbra Coil 400, POD400, PAC400, and Penumbra SMART Coil brand names; and 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. It also provides neurosurgical aspiration tools for the removal of tissue and fluids under the Artemis Neuro Evacuation Device brand; immersive virtual reality and display system that displays and tracks upper-extremity rehabilitation exercises under the REAL Immersive System brand name; aspiration-based thrombectomy systems for vascular applications under the Indigo System brand; and detachable embolic coil systems for peripheral embolization under the Ruby Coil and Ruby LP brand names. In addition, the company offers microcatheter for the delivery of detachable coils and occlusion devices under the LANTERN brand; and detachable, microcatheter-deliverable occlusion devices designed primarily to occlude peripheral vessels under the POD (Penumbra Occlusion Device) brand name, as well as a complementary device for use with Ruby Coil and POD for vessel occlusion under the Packing Coil and POD Packing Coil brands. The company sells its products through direct sales organizations and distributors. Penumbra, Inc. was founded in 2004 and is headquartered in Alameda, California.

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MarketRank

Overall MarketRank

1.95 out of 5 stars

Medical Sector

101st out of 2,105 stocks

Surgical & Medical Instruments Industry

9th out of 174 stocks

Analyst Opinion: 2.4Community Rank: 3.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Penumbra (NYSE:PEN) Frequently Asked Questions

Is Penumbra a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Penumbra in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Penumbra stock.
View analyst ratings for Penumbra
or view top-rated stocks.

What stocks does MarketBeat like better than Penumbra?

Wall Street analysts have given Penumbra a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Penumbra wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Penumbra's next earnings date?

Penumbra is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Penumbra
.

How were Penumbra's earnings last quarter?

Penumbra, Inc. (NYSE:PEN) announced its quarterly earnings results on Tuesday, May, 4th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.18. The firm earned $169.20 million during the quarter, compared to the consensus estimate of $152.67 million. Penumbra had a negative net margin of 0.89% and a positive trailing twelve-month return on equity of 2.69%. Penumbra's quarterly revenue was up 23.2% compared to the same quarter last year.
View Penumbra's earnings history
.

How has Penumbra's stock been impacted by COVID-19?

Penumbra's stock was trading at $176.86 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PEN shares have increased by 57.9% and is now trading at $279.21.
View which stocks have been most impacted by COVID-19
.

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

Penumbra issued an update on its FY 2021 earnings guidance on Tuesday, May, 25th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $695 million-$705 million, compared to the consensus revenue estimate of $681.51 million.

What price target have analysts set for PEN?

5 brokerages have issued twelve-month price targets for Penumbra's stock. Their forecasts range from $270.00 to $335.00. On average, they expect Penumbra's share price to reach $314.50 in the next twelve months. This suggests a possible upside of 12.6% from the stock's current price.
View analysts' price targets for Penumbra
or view top-rated stocks among Wall Street analysts.

Who are Penumbra's key executives?

Penumbra's management team includes the following people:
  • Mr. Adam Elsesser, Co-Founder, Chairman, Pres & CEO (Age 59, Pay $219.03k)
  • Ms. Maggie S. Yuen, Chief Financial Officer (Age 49, Pay $519.04k)
  • Mr. Lambert Shiu, Chief Accounting Officer (Age 41, Pay $413.21k)
  • Ms. Johanna Roberts, Exec. VP, Gen. Counsel & Sec. (Age 49, Pay $441.93k)
  • Ms. Lynn Rothman, Exec. VP & Chief Bus. Officer (Age 60, Pay $528.89k)
  • Dr. Arani Bose, Co-Founder, Chief Innovator & Director (Age 59)
  • Mr. Ben Sorci, Exec. VP of Operations
  • Mr. Corey L. Teigen M.D., Chief Scientific Officer
  • Ms. Jee Hamlyn-Harris, Investor Relations Officer
  • Ms. Kathleen Kidd, Sr. VP of Quality & Compliance

What is Adam Elsesser's approval rating as Penumbra's CEO?

57 employees have rated Penumbra CEO Adam Elsesser on Glassdoor.com. Adam Elsesser has an approval rating of 88% among Penumbra's employees.

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), Intuitive Surgical (ISRG), AbbVie (ABBV), Tesla (TSLA), Alibaba Group (BABA), Johnson & Johnson (JNJ), Netflix (NFLX), UnitedHealth Group (UNH), The Boeing (BA) and DexCom (DXCM).

What is Penumbra's stock symbol?

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

Who are Penumbra's major shareholders?

Penumbra's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.56%), Price T Rowe Associates Inc. MD (3.53%), Baillie Gifford & Co. (3.52%), Clearbridge Investments LLC (2.84%), William Blair Investment Management LLC (2.38%) and Generation Investment Management LLP (1.27%). Company insiders that own Penumbra stock include Adam Elsesser, Arani Bose, Bridget O'rourke, Coyne David, Don W Kassing, Harpreet Grewal, James Robert Pray, Johanna Roberts, Lynn Rothman, Sridhar Kosaraju and Thomas Wilder.
View institutional ownership trends for Penumbra
.

Which institutional investors are selling Penumbra stock?

PEN stock was sold by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Ameriprise Financial Inc., Franklin Resources Inc., Generation Investment Management LLP, PFM Health Sciences LP, Price T Rowe Associates Inc. MD, BlackRock Inc., and Neuberger Berman Group LLC. Company insiders that have sold Penumbra company stock in the last year include Adam Elsesser, Arani Bose, Bridget O'rourke, Don W Kassing, Harpreet Grewal, James Robert Pray, Johanna Roberts, Lynn Rothman, and Thomas Wilder.
View insider buying and selling activity for Penumbra
or view top insider-selling stocks.

Which institutional investors are buying Penumbra stock?

PEN stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Baillie Gifford & Co., Oak Ridge Investments LLC, Point72 Asset Management L.P., Bellevue Group AG, Citigroup Inc., Woodline Partners LP, and Northern Trust Corp.
View insider buying and selling activity for Penumbra
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Penumbra's stock price today?

One share of PEN stock can currently be purchased for approximately $279.21.

How much money does Penumbra make?

Penumbra has a market capitalization of $10.19 billion and generates $560.41 million in revenue each year. The company earns $-15,700,000.00 in net income (profit) each year or $0.11 on an earnings per share basis.

How many employees does Penumbra have?

Penumbra employs 3,300 workers across the globe.

What is Penumbra's official website?

The official website for Penumbra is www.penumbrainc.com.

Where are Penumbra's headquarters?

Penumbra is headquartered at One Penumbra Place, Alameda CA, 94502.

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]


This page was last updated on 6/23/2021 by MarketBeat.com Staff
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