Palatin Technologies Stock Revenue
| PTN Stock | USD 1.13 0.06 5.61% |
Palatin Technologies fundamentals help investors to digest information that contributes to Palatin Technologies' financial success or failures. It also enables traders to predict the movement of Palatin Stock. The fundamental analysis module provides a way to measure Palatin Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Palatin Technologies stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 4.5 M | 4.3 M |
Palatin | Revenue |
Palatin Technologies Company Revenue Analysis
Palatin Technologies' Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Palatin Technologies Revenue | 4.49 M |
Most of Palatin Technologies' fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Palatin Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Palatin
Projected quarterly revenue analysis of Palatin Technologies provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Palatin Technologies match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Palatin Technologies' stock price.
Palatin Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Palatin Technologies is extremely important. It helps to project a fair market value of Palatin Stock properly, considering its historical fundamentals such as Revenue. Since Palatin Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Palatin Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Palatin Technologies' interrelated accounts and indicators.
| 0.65 | 0.39 | -0.13 | 0.49 | 0.11 | ||
| 0.65 | 0.47 | -0.22 | 0.67 | 0.19 | ||
| 0.39 | 0.47 | -0.07 | 0.52 | -0.04 | ||
| -0.13 | -0.22 | -0.07 | -0.15 | -0.95 | ||
| 0.49 | 0.67 | 0.52 | -0.15 | 0.27 | ||
| 0.11 | 0.19 | -0.04 | -0.95 | 0.27 |
Click cells to compare fundamentals
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Palatin Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Palatin Technologies reported 4.49 M of revenue. This is 99.94% lower than that of the Biotechnology sector and 99.4% lower than that of the Health Care industry. The revenue for all United States stocks is 99.95% higher than that of the company.
Palatin Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Palatin Technologies' direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Palatin Technologies could also be used in its relative valuation, which is a method of valuing Palatin Technologies by comparing valuation metrics of similar companies.Palatin Technologies is currently under evaluation in revenue category among its peers.
Palatin Fundamentals
| Return On Equity | -6.23 | ||||
| Return On Asset | -1.32 | ||||
| Operating Margin | (23.79) % | ||||
| Current Valuation | 20.18 M | ||||
| Shares Outstanding | 19.55 M | ||||
| Shares Owned By Insiders | 3.50 % | ||||
| Shares Owned By Institutions | 7.88 % | ||||
| Number Of Shares Shorted | 1.17 M | ||||
| Price To Earning | 3.16 X | ||||
| Price To Book | 15.83 X | ||||
| Price To Sales | 4.92 X | ||||
| Revenue | 4.49 M | ||||
| Gross Profit | (18.2 M) | ||||
| EBITDA | (29.03 M) | ||||
| Net Income | (29.74 M) | ||||
| Cash And Equivalents | 7.99 M | ||||
| Cash Per Share | 3.22 X | ||||
| Total Debt | 590.34 K | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 2.13 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (31.46 M) | ||||
| Short Ratio | 4.47 X | ||||
| Earnings Per Share | (1.98) X | ||||
| Target Price | 17.0 | ||||
| Number Of Employees | 30 | ||||
| Beta | 0.94 | ||||
| Market Capitalization | 22.09 M | ||||
| Total Asset | 10.74 M | ||||
| Retained Earnings | (441.77 M) | ||||
| Working Capital | 111.99 K | ||||
| Current Asset | 10.7 M | ||||
| Current Liabilities | 13.88 M | ||||
| Net Asset | 10.74 M |
About Palatin Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Palatin Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Palatin Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Palatin Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Palatin Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Palatin Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Palatin Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Palatin Stock
| 0.64 | BHC | Bausch Health Companies | PairCorr |
| 0.63 | EWTX | Edgewise Therapeutics | PairCorr |
| 0.56 | HCM | HUTCHMED DRC | PairCorr |
| 0.54 | GANX | Gain Therapeutics | PairCorr |
| 0.5 | BMY | Bristol Myers Squibb Aggressive Push | PairCorr |
The ability to find closely correlated positions to Palatin Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palatin Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Palatin Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Palatin Technologies to buy it.
The correlation of Palatin Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Palatin Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palatin Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Palatin Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Palatin Technologies Piotroski F Score and Palatin Technologies Altman Z Score analysis. To learn how to invest in Palatin Stock, please use our How to Invest in Palatin Technologies guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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 (1.98) | 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.