Patria Investments (NYSE:PAX – Free Report) had its price objective trimmed by The Goldman Sachs Group from $16.00 to $14.00 in a research report report published on Tuesday morning, MarketBeat Ratings reports. The brokerage currently has a buy rating on the stock.
Patria Investments Stock Performance
NYSE:PAX opened at $11.58 on Tuesday. The stock’s 50-day moving average is $11.32 and its 200-day moving average is $12.26. Patria Investments has a 1-year low of $10.63 and a 1-year high of $16.16. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.15. The stock has a market cap of $681.63 million, a P/E ratio of 14.85, a price-to-earnings-growth ratio of 1.42 and a beta of 0.58.
Patria Investments (NYSE:PAX – Get Free Report) last posted its earnings results on Thursday, August 1st. The company reported $0.22 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.22. The firm had revenue of $75.00 million for the quarter, compared to analyst estimates of $69.99 million. Patria Investments had a net margin of 26.01% and a return on equity of 34.20%. During the same period in the previous year, the firm posted $0.30 EPS. Equities research analysts anticipate that Patria Investments will post 1.11 earnings per share for the current year.
Institutional Inflows and Outflows
About Patria Investments
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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