In the last trading session, 0.99 million Paragon 28 Inc (NYSE:FNA) shares changed hands as the company’s beta touched 1.22. With the company’s per share price at $7.50 changed hands at -$0.13 or -1.70% during last session, the market valuation stood at $626.57M. FNA’s last price was a discount, traded about -97.2% off its 52-week high of $14.79. The share price had its 52-week low at $4.65, which suggests the last value was 38.0% up since then. When we look at Paragon 28 Inc’s average trading volume, we note the 10-day average is 0.76 million shares, with the 3-month average coming to 465.09K.

Analysts gave the Paragon 28 Inc (FNA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended FNA as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Paragon 28 Inc’s EPS for the current quarter is expected to be -0.16.

Paragon 28 Inc (NYSE:FNA) trade information

Instantly FNA was in red as seen at the end of in last trading. With action 20.00%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -39.66%, with the 5-day performance at 20.00% in the green. However, in the 30-day time frame, Paragon 28 Inc (NYSE:FNA) is 25.63% up. Looking at the short shares, we see there were 6.83 million shares sold at short interest cover period of 16.89 days.

The consensus price target for the stock as assigned by Wall Street analysts is 11.5, meaning bulls need an upside of 34.78% from its current market value. According to analyst projections, FNA’s forecast low is 11 with 12 as the target high. To hit the forecast high, the stock’s price needs a -60.0% plunge from its current level, while the stock would need to soar -46.67% for it to hit the projected low.

Paragon 28 Inc (FNA) estimates and forecasts

Data shows that the Paragon 28 Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -5.54% over the past 6 months, a -28.30% in annual growth rate that is considerably lower than the industry average of 15.90%. Year-over-year growth is forecast to reach 16.30% up from the last financial year.

Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 60.58M. 6 analysts are of the opinion that Paragon 28 Inc’s revenue for the current quarter will be 68.99M. The estimates for the next quarter sales put growth at 13.90%.

The 2024 estimates are for Paragon 28 Inc earnings to decrease by -13.79%, but the outlook for the next 5-year period is at 29.80% per year.

FNA Dividends

Paragon 28 Inc is expected to release its next quarterly earnings report in December.

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

If we look at who the major shareholders are, we find that insiders hold 40.67% of Paragon 28 Inc shares while 60.90% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 102.65%. There are 60.90% institutions holding the Paragon 28 Inc stock share, with MVM PARTNERS, LLC the top institutional holder. As of 2024-06-30, the company held 13.1389% of the shares, roughly 10.89 million FNA shares worth $74.3 million.

FIRST LIGHT ASSET MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 9.8665% or 8.17 million shares worth $55.92 million as of 2024-06-30.