During the last session, Paragon 28 Inc (NYSE:FNA)’s traded shares were 0.51 million, with the beta value of the company hitting 1.01. At the end of the trading day, the stock’s price was $5.62, reflecting an intraday gain of 6.04% or $0.32. The 52-week high for the FNA share is $14.79, that puts it down -163.17 from that peak though still a striking 17.26% gain since the share price plummeted to a 52-week low of $4.65. The company’s market capitalization is $469.50M, and the average intraday trading volume over the past 10 days was 0.54 million shares, and the average trade volume was 512.31K shares over the past three months.

Paragon 28 Inc (FNA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. FNA has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.16.

Paragon 28 Inc (NYSE:FNA) trade information

Paragon 28 Inc (FNA) registered a 6.04% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 6.04% in intraday trading to $5.62, hitting a weekly high. The stock’s 5-day price performance is 14.93%, and it has moved by -0.71% in 30 days. Based on these gigs, the overall price performance for the year is -37.97%. The short interest in Paragon 28 Inc (NYSE:FNA) is 6.83 million shares and it means that shorts have 16.89 day(s) to cover.

The consensus price target of analysts on Wall Street is $11.5, which implies an increase of 51.13% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $11 and $12 respectively. As a result, FNA is trading at a discount of -113.52% off the target high and -95.73% off the low.

Paragon 28 Inc (FNA) estimates and forecasts

Statistics show that Paragon 28 Inc has underperformed its competitors in share price, compared to the industry in which it operates. Paragon 28 Inc (FNA) shares have gone down -46.63% during the last six months, with a year-to-date growth rate less than the industry average at -28.30% against 14.60. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -60.00% this quarter and then jump 47.80% in the quarter after that. In the rating firms’ projections, revenue will increase 16.30% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 60.58M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 68.99M by the end of current fiscal year.

While earnings are projected to return -13.79% in 2024, the next five years will return 29.80% per annum.

FNA Dividends

Paragon 28 Inc is due to release its next quarterly earnings on 2024-Nov-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Paragon 28 Inc (NYSE:FNA)’s Major holders

Paragon 28 Inc insiders own 40.67% of total outstanding shares while institutional holders control 60.08%, with the float percentage being 101.27%. MVM PARTNERS, LLC is the largest shareholder of the company, while 170.0 institutions own stock in it. As of 2024-06-30, the company held over 10.89 million shares (or 13.1389% of all shares), a total value of $74.3 million in shares.

The next largest institutional holding, with 8.17 million shares, is of FIRST LIGHT ASSET MANAGEMENT, LLC’s that is approximately 9.8665% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $55.92 million.