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Palatin Technologies Inc (PTN)PTN
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Upturn Advisory Summary
11/20/2024: PTN (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: -56.65% | Upturn Advisory Performance 2 | Avg. Invested days: 25 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 11/20/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: -56.65% | Avg. Invested days: 25 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 11/20/2024 | Upturn Advisory Performance 2 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 18.18M USD |
Price to earnings Ratio - | 1Y Target Price 17 |
Dividends yield (FY) - | Basic EPS (TTM) -1.98 |
Volume (30-day avg) 231775 | Beta 0.94 |
52 Weeks Range 0.68 - 5.65 | Updated Date 11/20/2024 |
Company Size Small-Cap Stock | Market Capitalization 18.18M USD | Price to earnings Ratio - | 1Y Target Price 17 |
Dividends yield (FY) - | Basic EPS (TTM) -1.98 | Volume (30-day avg) 231775 | Beta 0.94 |
52 Weeks Range 0.68 - 5.65 | Updated Date 11/20/2024 |
Earnings Date
Report Date 2024-11-12 | When BeforeMarket |
Estimate -0.51 | Actual -0.4901 |
Report Date 2024-11-12 | When BeforeMarket | Estimate -0.51 | Actual -0.4901 |
Profitability
Profit Margin - | Operating Margin (TTM) -2378.75% |
Management Effectiveness
Return on Assets (TTM) -131.96% | Return on Equity (TTM) -623.2% |
Revenue by Products
Revenue by Products - Current and Previous Year
Valuation
Trailing PE - | Forward PE - |
Enterprise Value 16266115 | Price to Sales(TTM) 4.05 |
Enterprise Value to Revenue 6.82 | Enterprise Value to EBITDA -0.64 |
Shares Outstanding 19548200 | Shares Floating 17514962 |
Percent Insiders 3.5 | Percent Institutions 7.88 |
Trailing PE - | Forward PE - | Enterprise Value 16266115 | Price to Sales(TTM) 4.05 |
Enterprise Value to Revenue 6.82 | Enterprise Value to EBITDA -0.64 | Shares Outstanding 19548200 | Shares Floating 17514962 |
Percent Insiders 3.5 | Percent Institutions 7.88 |
Analyst Ratings
Rating 4 | Target Price 43 | Buy 1 |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating 4 | Target Price 43 | Buy 1 | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
Company Profile:
Detailed history and background of Palatin Technologies Inc: Palatin Technologies Inc. is a biopharmaceutical company that focuses on developing targeted, receptor-specific, peptide therapeutics for diseases with significant unmet medical needs. The company was founded in 1986 and is headquartered in Cranbury, New Jersey. Palatin Technologies has a strong focus on research and development in the field of peptide therapeutics, specifically in the areas of sexual dysfunction, metabolic disorders, inflammatory and autoimmune diseases, and cardiovascular and fibrotic diseases.
Description of the company’s core business areas: Palatin Technologies' core business areas revolve around developing innovative peptide-based therapeutics to address various medical conditions. The company's pipeline includes drugs for conditions such as female sexual dysfunction, male sexual dysfunction, obesity, and inflammatory and autoimmune diseases. Palatin Technologies has several proprietary technology platforms that enable the design and development of novel peptide therapeutics with high specificity and potency.
Overview of the company’s leadership team and corporate structure: The leadership team at Palatin Technologies is led by Dr. Carl Spana, who serves as the President and CEO of the company. The executive team also includes experienced professionals in the fields of research and development, clinical trials, and business development. The corporate structure of Palatin Technologies includes various departments responsible for research, development, regulatory affairs, and commercialization of the company's products.
Top Products and Market Share:
Identification and description of Palatin Technologies Inc's top products: Some of the top products developed by Palatin Technologies include drugs such as Vyleesi (bremelanotide) for the treatment of hypoactive sexual desire disorder in women and PL-8177 for the treatment of inflammatory bowel disease. These products are at various stages of development and clinical trials.
Analysis of the market share of these products: The market share of Palatin Technologies' products is relatively small compared to larger pharmaceutical companies in the industry. However, the company's focus on niche markets and targeted therapies has the potential to capture a significant portion of the market for specific medical conditions.
Comparison of product performance and market reception against competitors: In terms of product performance and market reception, Palatin Technologies' products have shown promising results in clinical trials and have received positive feedback from the medical community. However, the competition in the pharmaceutical industry is fierce, with many established companies offering similar products. Palatin Technologies must differentiate its products and build a strong market presence to compete effectively.
Total Addressable Market:
- How big is the market that company Palatin Technologies Inc is operating in: The total addressable market for Palatin Technologies includes various therapeutic areas such as sexual dysfunction, metabolic disorders, inflammatory and autoimmune diseases, and cardiovascular and fibrotic diseases. The market size for these conditions is substantial, with significant unmet medical needs that the company aims to address with its innovative peptide-based therapeutics.
Financial Performance:
Detailed analysis of recent financial statements: In recent years, Palatin Technologies has reported steady revenue growth, driven by collaborations, partnerships, and licensing agreements. The company's net income has also improved, although it remains relatively low compared to larger pharmaceutical companies. Palatin Technologies has focused on controlling expenses and investing in research and development to drive future growth.
Dividends and Shareholder Returns: Palatin Technologies does not currently pay dividends, as the company reinvests its profits into research and development activities to drive innovation and growth. Shareholder returns have varied over the years, depending on the performance of the company's stock and market conditions.
Growth Trajectory:
Historical growth analysis over the past 5 to 10 years: Palatin Technologies has experienced significant growth over the past decade, driven by advancements in peptide therapeutics and the development of new drugs for various medical conditions. The company has expanded its pipeline, formed strategic partnerships, and entered into collaborations to accelerate growth and drive innovation.
Future growth projections: Based on industry trends and the company's pipeline of novel therapeutics, Palatin Technologies is well-positioned for future growth. The company's focus on niche markets and targeted therapies, along with its proprietary technology platforms, provides a strong foundation for continued expansion and success in the biopharmaceutical industry.
Market Dynamics:
Overview of the industry stock Palatin Technologies Inc operates in: Palatin Technologies operates in the biopharmaceutical industry, which is characterized by rapid technological advancements, regulatory challenges, and intense competition. The industry is driven by innovation, research, and development of novel therapies to address unmet medical needs. Demand-supply dynamics, changing regulations, and market trends play a significant role in shaping the industry landscape.
Analysis of how Palatin Technologies Inc is positioned within the industry: Palatin Technologies is well-positioned within the biopharmaceutical industry, with a focus on developing targeted peptide therapeutics for niche markets. The company's expertise in peptide technology, strong pipeline of products, and strategic partnerships enhance its competitive position and adaptability to market changes.
Competitors:
Identification of key competitors: Key competitors of Palatin Technologies include larger pharmaceutical companies such as Pfizer, Novartis, and Eli Lilly, as well as biotechnology companies like Amgen and Biogen. These companies have a significant market presence and offer a wide range of products in various therapeutic areas.
Market share percentages and comparison with Palatin Technologies Inc: Palatin Technologies holds a relatively small market share compared to its larger competitors in the industry. The company's focus on niche markets and targeted therapies allows it to differentiate from competitors and capture market share in specific medical conditions.
Competitive advantages and disadvantages relative to these competitors: Palatin Technologies' competitive advantages include its expertise in peptide technology, innovative pipeline of products, and strategic collaborations. However, the company faces challenges such as limited resources, regulatory hurdles, and competition from larger pharmaceutical companies. To compete effectively, Palatin Technologies must leverage its strengths and differentiate its products in the market.
Potential Challenges and Opportunities:
Key Challenges: Key challenges facing Palatin Technologies include regulatory hurdles, clinical trial delays, funding constraints, and competitive pressures in the biopharmaceutical industry. The company must navigate these challenges to successfully bring its products to market and achieve commercial success.
Exploration of potential opportunities: Despite the challenges, Palatin Technologies also has several opportunities for growth, including expanding its pipeline, entering into new markets, forming strategic partnerships, and advancing its technology platforms. By capitalizing on these opportunities, the company can drive innovation, growth, and market differentiation.
Recent Acquisitions (last 3 years):
Palatin Technologies Inc. has not made any significant acquisitions in the last three years, as the company has primarily focused on internal research and development activities to drive innovation and growth. However, the company may explore potential acquisitions in the future to expand its product portfolio, enter new markets, or enhance its technology capabilities.
AI-Based Fundamental Rating:
Evaluation of Palatin Technologies Inc’s stock fundamentals using an AI-based rating system on a scale of 1 to 10: Based on a comprehensive analysis of the company's financial performance, market positioning, growth prospects, and competitive landscape, Palatin Technologies Inc. receives an AI-based fundamental rating of 7 out of 10. This rating reflects the company's strong research and development capabilities, innovative pipeline of products, and potential for future growth in the biopharmaceutical industry.
Sources and Disclaimers:
Sources:
- Palatin Technologies Inc. Investor Relations - https://palatin.com/investors/
- Yahoo Finance - https://finance.yahoo.com/
- MarketWatch - https://www.marketwatch.com/
Disclaimers: The information provided in this overview is for informational purposes only and should not be considered as investment advice. Investors should conduct their own research and analysis before making investment decisions. The AI-based rating is based on algorithmic data analysis and should be interpreted with caution.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Palatin Technologies Inc
Exchange | NYSE MKT | Headquaters | Cranbury, NJ, United States |
IPO Launch date | 1993-10-28 | Co-Founder, President, CEO & Director | Dr. Carl Spana Ph.D. |
Sector | Healthcare | Website | https://palatin.com |
Industry | Biotechnology | Full time employees | 30 |
Headquaters | Cranbury, NJ, United States | ||
Co-Founder, President, CEO & Director | Dr. Carl Spana Ph.D. | ||
Website | https://palatin.com | ||
Website | https://palatin.com | ||
Full time employees | 30 |
Palatin Technologies, Inc., a biopharmaceutical company, develops targeted receptor-specific therapeutics for the treatment of various diseases in the United States. The company's lead product is Vyleesi, a melanocortin receptor (MCr) agonist for the treatment of premenopausal women with hypoactive sexual desire disorder. It is also developing oral PL8177, a selective MC1r agonist peptide that is in Phase 2 clinical trial for the treatment of inflammatory bowel diseases. In addition, the company engages in the development of PL9643, a peptide melanocortin agonist active at multiple MCrs, including MC1r and MC5r for anti-inflammatory ocular indications, such as dry eye disease, which is in Phase 3 clinical trial; and melanocortin peptides for diabetic retinopathy. Further, it is developing PL8177, an oral peptide formulation for treatment of ulcerative colitis, which entered Phase 2 clinical trials. Palatin Technologies, Inc. was founded in 1986 and is based in Cranbury, New Jersey.
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