Palatin Technologies, Inc.
General ticker "PTN" information:
- Sector: Health Care
- Industry: Biotechnology
- Capitalization: $19.0M
Palatin Technologies, Inc. does not follow the US Stock Market performance with the rate: -33.0%.
Estimated limits based on current volatility of 7.8%: low 0.89$, high 1.04$
Factors to consider:
- Current price 32.1% below estimated low
- Earnings for 3 months up through Q1 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-06-30 to 2026-06-30
- 2024-06-30 to 2025-06-30 estimated range: [1.43$, 3.88$]
- 2025-06-30 to 2026-06-30 estimated range: [1.73$, 4.38$]
Financial Metrics affecting the PTN estimates:
- Negative: Non-GAAP EPS, $ of -2.48 <= 0.10
- Negative: Operating profit margin, % of -83.36 <= 1.03
- Negative: Operating cash flow per share per price, % of -53.16 <= 2.35
- Positive: Interest expense per share, $ of 0 <= 0.14
- Negative: negative Net income
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: Inventory ratio change, % of -9.78 <= -1.03
- Negative: Industry earnings per price (median), % of -22.98 <= 1.31
Short-term PTN quotes
Long-term PTN plot with estimates
Financial data
| YTD | 2022-06-30 | 2023-06-30 | 2024-06-30 |
|---|---|---|---|
| Operating Revenue | $1.47MM | $4.85MM | $4.49MM |
| Operating Expenses | $38.06MM | $37.31MM | $26.99MM |
| Operating Income | $-36.59MM | $-32.46MM | $-22.50MM |
| Non-Operating Income | $0.39MM | $0.24MM | $-7.24MM |
| Interest Expense | $0.03MM | $0.02MM | $0.02MM |
| R&D Expense | $21.33MM | $22.63MM | $22.40MM |
| Income(Loss) | $-36.20MM | $-32.22MM | $-29.74MM |
| Taxes | $-0.39MM | $-4.67MM | $0.00MM |
| Profit(Loss) | $-35.81MM | $-27.54MM | $-29.74MM |
| Stockholders Equity | $16.27MM | $0.13MM | $-0.11MM |
| Inventory | $0.94MM | $0.53MM | $0.00MM |
| Assets | $36.07MM | $17.94MM | $10.74MM |
| Operating Cash Flow | $-29.92MM | $-28.42MM | $-31.46MM |
| Capital expenditure | $0.26MM | $0.43MM | $0.04MM |
| Investing Cash Flow | $-0.26MM | $-3.43MM | $12.45MM |
| Financing Cash Flow | $0.02MM | $9.90MM | $20.55MM |
| Earnings Per Share* | $-3.75 | $-2.53 | $-2.02 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.