Patria Investments (NYSE:PAX – Free Report) had its price objective reduced by The Goldman Sachs Group from $16.00 to $14.00 in a research report sent to investors on Tuesday, Marketbeat.com reports. They currently have a buy rating on the stock.
Patria Investments Price Performance
Patria Investments stock opened at $11.58 on Tuesday. The stock has a market capitalization of $681.63 million, a price-to-earnings ratio of 14.85, a PEG ratio of 1.42 and a beta of 0.58. Patria Investments has a 52-week low of $10.63 and a 52-week high of $16.16. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.99 and a current ratio of 0.99. The stock’s 50 day moving average price is $11.32 and its two-hundred day moving average price is $12.26.
Patria Investments (NYSE:PAX – Get Free Report) last issued its earnings results on Thursday, August 1st. The company reported $0.22 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.22. Patria Investments had a net margin of 26.01% and a return on equity of 34.20%. The business had revenue of $75.00 million for the quarter, compared to analyst estimates of $69.99 million. During the same period in the prior year, the firm earned $0.30 earnings per share. On average, equities analysts predict that Patria Investments will post 1.11 earnings per share for the current year.
Institutional Trading of Patria Investments
Patria Investments Company Profile
Patria Investments Limited operates as a private market investment firm focused on investing in Latin America. The company offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds, and real estate and credit funds.
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