Patria Investments (NYSE:PAX - Get Free Report) will announce its earnings results before the market opens on Tuesday, November 5th. Investors interested in participating in the company's conference call can do so using this link.
Patria Investments (NYSE:PAX - Get Free Report) last announced its earnings results on Thursday, August 1st. The company reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. Patria Investments had a return on equity of 34.20% and a net margin of 26.01%. The business had revenue of $75.00 million for the quarter, compared to analysts' expectations of $69.99 million. During the same period in the prior year, the business posted $0.30 earnings per share. On average, analysts expect Patria Investments to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Patria Investments Stock Performance
PAX stock remained flat at $11.75 during trading on Tuesday. The company had a trading volume of 326,137 shares, compared to its average volume of 445,058. The stock has a 50 day moving average price of $11.32 and a 200-day moving average price of $12.21. Patria Investments has a 1-year low of $10.63 and a 1-year high of $16.16. The firm has a market cap of $691.64 million, a PE ratio of 15.04, a PEG ratio of 1.47 and a beta of 0.58. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.99 and a current ratio of 0.99.
Analyst Ratings Changes
Separately, The Goldman Sachs Group reduced their target price on Patria Investments from $16.00 to $14.00 and set a "buy" rating on the stock in a report on Tuesday, October 22nd.
Check Out Our Latest Stock Report on Patria Investments
Patria Investments Company Profile
(
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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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