Paltalk (PALT) Stock Price, News & Analysis

Company Overview

Paltalk, Inc., together with its subsidiaries, develops communications software and multimedia social applications worldwide. It offers consumer applications, which include Paltalk, Camfrog, and Tinychat for live video chat; and owns and operates Vumber, a telecommunications services provider that enables users to have multiple phone numbers in any area code through which calls can be forwarded to a user's existing cell phone or land line telephone number. The company provides ManyCam, a live streaming software and virtual camera that allows users to deliver professional live videos on streaming platforms, video conferencing applications, and distance learning tools; and product payment options, where users can pay by credit card, PayPal, western union, check, local e-wallet providers, or complete an in-app purchase through the Apple App Store or Google Play Store for Android users. The company was formerly known as PeerStream, Inc. and changed its name to Paltalk, Inc. in May 2020. Paltalk, Inc. was incorporated in 2005 and is based in Jericho, New York.

Key Stats

• Today's Range: $1.72 to $1.88
• 50-Day Range: $1.75 to $3.23
• 52-Week Range: $1.67 to $5.50
• Volume: 25,373 shs
• Average Volume: 86,173 shs
• Market Capitalization: $16.68 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.50
• Consensus Rating: Hold

Paltalk Stock Analysis - MarketRank™

Paltalk scored higher than 60% of companies evaluated by MarketBeat, and ranked 148th out of 321 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Paltalk has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Paltalk has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Paltalk is -5.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Paltalk is -5.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Paltalk has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.86% of the float of Paltalk has been sold short.

Short Interest Ratio / Days to Cover

Paltalk has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Paltalk has recently decreased by 26.92%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Paltalk does not currently pay a dividend.

Dividend Growth

Paltalk does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

0.86% of the float of Paltalk has been sold short.

Short Interest Ratio / Days to Cover

Paltalk has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Paltalk has recently decreased by 26.92%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.52

News Sentiment

Paltalk has a news sentiment score of 0.52. 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 news sentiment score is similar to the average news sentiment of Business Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Paltalk this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for PALT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Paltalk insiders have bought more of their company's stock than they have sold. Specifically, they have bought $80,490.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

18.70% of the stock of Paltalk is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 3.88% of the stock of Paltalk is held by institutions.

PALT Stock Analysis - Frequently Asked Questions

How have PALT shares performed this year?

Paltalk's stock was trading at $2.34 at the start of the year. Since then, PALT stock has decreased by 22.9% and is now trading at $1.8050.
View the best growth stocks for 2024 here.

How were Paltalk's earnings last quarter?

Paltalk, Inc. (NASDAQ:PALT) released its quarterly earnings results on Tuesday, August, 13th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by $0.02. The firm had revenue of $2.22 million for the quarter. Paltalk had a negative trailing twelve-month return on equity of 16.94% and a negative net margin of 33.40%.

Who are Paltalk's major shareholders?

Top institutional shareholders of Paltalk include GSA Capital Partners LLP (0.22%) and State Street Corp (0.19%). Insiders that own company stock include J Crew Delaware Trust B, Jason Katz and Yoram Abada.
View institutional ownership trends.

How do I buy shares of Paltalk?

Shares of PALT 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 Paltalk own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Paltalk investors own include Meta Platforms (META), SoFi Technologies (SOFI), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), Enphase Energy (ENPH), Intel (INTC) and Toll Brothers (TOL).

Company Calendar

• Last Earnings: 8/13/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/21/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Business services, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: NASDAQ:PALT
• CUSIP: N/A
• CIK: 1355839
• Web: www.paltalk.com
• Phone: 212-967-5120
• Fax: N/A
• Employees: 17
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.50
• High Stock Price Target: $4.50
• Low Stock Price Target: $4.50
• Potential Upside/Downside: +149.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.34)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-1,070,000.00
• Net Margins: -33.40%
• Pretax Margin: -34.68%
• Return on Equity: -16.94%
• Return on Assets: -14.15%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.47
• Quick Ratio: 3.47

Sales & Book Value

• Annual Sales: $10.98 million
• Price / Sales: 1.52
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.88 per share
• Price / Book: 0.96

Miscellaneous

• Outstanding Shares: 9,240,000
• Free Float: 7,510,000
• Market Cap: $16.68 million
• Optionable: Not Optionable
• Beta: 0.84