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How to buy Penumbra stock | 214

Own Penumbra stock in just a few minutes.

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Penumbra, Inc is a medical devices business based in the US. Penumbra shares (PEN) are listed on the NYSE and all prices are listed in US Dollars. Penumbra employs 2,700 staff and has a trailing 12-month revenue of around USD$527.2 million.

How to buy shares in Penumbra

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Penumbra. Find the stock by name or ticker symbol: PEN. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Penumbra reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$214, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Penumbra, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Penumbra. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Penumbra's share price?

Since the stock market crash in March caused by coronavirus, Penumbra's share price has had significant positive movement.

Its last market close was USD$214, which is 10.22% up on its pre-crash value of USD$192.12 and 75.70% up on the lowest point reached during the March crash when the shares fell as low as USD$121.8.

If you had bought USD$1,000 worth of Penumbra shares at the start of February 2020, those shares would have been worth USD$698.79 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,202.68.

Penumbra share price

Use our graph to track the performance of PEN stocks over time.

Penumbra shares at a glance

Information last updated 2020-10-20.
Latest market closeUSD$214
52-week rangeUSD$121.8 - USD$241.81
50-day moving average USD$201.9803
200-day moving average USD$193.6597
Wall St. target priceUSD$250.83
PE ratio 737.931
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.303

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Penumbra stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Penumbra price performance over time

Historical closes compared with the close of $214 from 2020-10-16

1 week (2020-10-22) -7.09%
1 month (2020-09-29) 10.62%
3 months (2020-07-29) -3.17%
6 months (2020-04-29) 19.33%
1 year (2019-10-29) 31.40%
2 years (2018-10-29) 55.83%
3 years (2017-10-27) 112.83%
5 years (2015-10-29) 466.26%

Is Penumbra under- or over-valued?

Valuing Penumbra stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Penumbra's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Penumbra's P/E ratio

Penumbra's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 738x. In other words, Penumbra shares trade at around 738x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Penumbra's EBITDA

Penumbra's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$18.5 million.

The EBITDA is a measure of a Penumbra's overall financial performance and is widely used to measure a its profitability.

Penumbra financials

Revenue TTM USD$527.2 million
Operating margin TTM 1.7%
Gross profit TTM USD$372 million
Return on assets TTM 0.82%
Return on equity TTM 1.54%
Profit margin 2.02%
Book value $17.338
Market capitalisation USD$7.7 billion

TTM: trailing 12 months

Shorting Penumbra shares

There are currently 3.8 million Penumbra shares held short by investors – that's known as Penumbra's "short interest". This figure is 34.8% up from 2.8 million last month.

There are a few different ways that this level of interest in shorting Penumbra shares can be evaluated.

Penumbra's "short interest ratio" (SIR)

Penumbra's "short interest ratio" (SIR) is the quantity of Penumbra shares currently shorted divided by the average quantity of Penumbra shares traded daily (recently around 445437.79342723). Penumbra's SIR currently stands at 8.52. In other words for every 100,000 Penumbra shares traded daily on the market, roughly 8520 shares are currently held short.

However Penumbra's short interest can also be evaluated against the total number of Penumbra shares, or, against the total number of tradable Penumbra shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Penumbra's short interest could be expressed as 0.11% of the outstanding shares (for every 100,000 Penumbra shares in existence, roughly 110 shares are currently held short) or 0.1335% of the tradable shares (for every 100,000 tradable Penumbra shares, roughly 134 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Penumbra.

Find out more about how you can short Penumbra stock.

Penumbra share dividends

We're not expecting Penumbra to pay a dividend over the next 12 months.

Have Penumbra's shares ever split?

Penumbra's shares were split on a 10:1 basis on 16 November 2014. So if you had owned 1 share the day before before the split, the next day you'd have owned 10 shares. This wouldn't directly have changed the overall worth of your Penumbra shares – just the quantity. However, indirectly, the new 90% lower share price could have impacted the market appetite for Penumbra shares which in turn could have impacted Penumbra's share price.

Penumbra share price volatility

Over the last 12 months, Penumbra's shares have ranged in value from as little as $121.8 up to $241.81. A popular way to gauge a stock's volatility is its "beta".

PEN.US volatility(beta: 0.67)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Penumbra's is 0.6707. This would suggest that Penumbra's shares are less volatile than average (for this exchange).

Penumbra overview

Penumbra, Inc. designs, develops, manufactures, and markets medical devices in the United States, Europe, Canada, Australia, Japan, 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; rehabilitation tools 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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