Patria Investments (PAX) Stock Price, News & Analysis

Company Overview

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. Patria Investments Limited was founded in 1994 and is headquartered in Grand Cayman, the Cayman Islands.

Key Stats

• Today's Range: $11.78 to $12.00
• 50-Day Range: $10.88 to $12.38
• 52-Week Range: $10.63 to $16.16
• Volume: 335,402 shs
• Average Volume: 631,559 shs
• Market Capitalization: $715.45 million
• P/E Ratio: 27.84
• Dividend Yield: 5.01%
• Price Target: $14.00
• Consensus Rating: Buy

Patria Investments Stock Analysis - MarketRank™

Patria Investments scored higher than 87% of companies evaluated by MarketBeat, and ranked 283rd out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Patria Investments has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Patria Investments has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 43.81%

Earnings Growth

Earnings for Patria Investments are expected to grow by 43.81% in the coming year, from $1.05 to $1.51 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Patria Investments is 27.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Patria Investments is 27.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.86.

Price to Earnings Growth Ratio

Patria Investments has a PEG Ratio of 1.46. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Patria Investments has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PAX.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Patria Investments is a leading dividend payer. It pays a dividend yield of 5.02%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Patria Investments does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Patria Investments is 139.53%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Patria Investments will have a dividend payout ratio of 39.74% next year. This indicates that Patria Investments will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for PAX.

News and Social Media

• Score: 4.1 / 5
• News Sentiment: 1.33

News Sentiment

Patria Investments has a news sentiment score of 1.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Patria Investments this week, compared to 1 article on an average week.

Search Interest

6 people have searched for PAX on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

2 people have added Patria Investments to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Patria Investments insiders have not sold or bought any company stock.

Percentage Held by Insiders

58.10% of the stock of Patria Investments is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

96.27% of the stock of Patria Investments is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PAX Stock Analysis - Frequently Asked Questions

How have PAX shares performed this year?

Patria Investments' stock was trading at $15.51 at the start of the year. Since then, PAX stock has decreased by 22.8% and is now trading at $11.97.
View the best growth stocks for 2024 here.

How were Patria Investments' earnings last quarter?

Patria Investments Limited (NYSE:PAX) announced its earnings results on Tuesday, November, 5th. The company reported $0.23 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by $0.01. The firm earned $78.10 million during the quarter, compared to the consensus estimate of $76.55 million. Patria Investments had a trailing twelve-month return on equity of 34.00% and a net margin of 19.68%.

When did Patria Investments IPO?

Patria Investments (PAX) raised $400 million in an initial public offering on Friday, January 22nd 2021. The company issued 26,700,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan, BofA Securities, Credit Suisse and Goldman Sachs served as the underwriters for the IPO and Bradesco BBI, BTG Pactual, Itaú BBA, Keefe, Bruyette & Woods (A Stifel Company), mSantander and ,XP Investments were co-managers.

Who are Patria Investments' major shareholders?

Patria Investments' top institutional investors include FMR LLC (10.00%), Wellington Management Group LLP (2.70%), State Street Corp (1.95%) and Geode Capital Management LLC (1.14%).

How do I buy shares of Patria Investments?

Shares of PAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Patria Investments own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Patria Investments investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), Jabil (JBL) and ServiceNow (NOW).

Company Calendar

• Ex-Dividend for 9/9 Dividend: 8/19/2024
• Dividend Payable: 9/09/2024
• Last Earnings: 11/05/2024
• Ex-Dividend for 12/9 Dividend: 11/18/2024
• Today: 11/21/2024
• Dividend Payable: 12/09/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Trading
• Current Symbol: NYSE:PAX
• CUSIP: N/A
• CIK: 1825570
• Web: www.patria.com
• Phone: 34-56-404-90
• Fax: N/A
• Employees: 390
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $14.00
• High Stock Price Target: $14.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +17.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.43
• Trailing P/E Ratio: 27.84
• Forward P/E Ratio: 11.40
• P/E Growth: 1.46
• Net Income: $118.40 million
• Net Margins: 19.68%
• Pretax Margin: 29.35%
• Return on Equity: 34.00%
• Return on Assets: 15.75%

Debt

• Debt-to-Equity Ratio: 0.31
• Current Ratio: 0.88
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: $327.60 million
• Price / Sales: 2.18
• Cash Flow: $3.89 per share
• Price / Cash Flow: 3.08
• Book Value: $9.43 per share
• Price / Book: 1.27

Miscellaneous

• Outstanding Shares: 59,770,000
• Free Float: 25,042,000
• Market Cap: $715.45 million
• Optionable: Optionable
• Beta: 0.57