Penguin Solutions (NASDAQ:PENG) Issues FY 2025 Earnings Guidance

Penguin Solutions (NASDAQ:PENG) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 1.300-1.700 for the period, compared to the consensus EPS estimate of 1.750. The company issued revenue guidance of -. Penguin Solutions also updated its FY25 guidance to $1.30-1.70 EPS.

Penguin Solutions Trading Down 1.3 %

Shares of PENG traded down $0.26 during midday trading on Monday, reaching $19.61. The stock had a trading volume of 1,132,458 shares, compared to its average volume of 1,035,907. The firm has a market capitalization of $1.05 billion, a P/E ratio of -19.61 and a beta of 1.74. The business has a 50-day moving average price of $17.49. The company has a quick ratio of 2.19, a current ratio of 2.65 and a debt-to-equity ratio of 1.65. Penguin Solutions has a 12-month low of $14.87 and a 12-month high of $29.81.

Penguin Solutions (NASDAQ:PENG) last announced its quarterly earnings data on Tuesday, October 15th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.04). Penguin Solutions had a negative net margin of 4.48% and a positive return on equity of 8.05%. The company had revenue of $311.15 million for the quarter, compared to the consensus estimate of $325.00 million. Research analysts forecast that Penguin Solutions will post 1.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on PENG shares. JMP Securities began coverage on Penguin Solutions in a research note on Monday, November 18th. They set an “outperform” rating and a $23.00 target price on the stock. The Goldman Sachs Group assumed coverage on Penguin Solutions in a report on Friday, November 1st. They set a “buy” rating and a $21.00 target price on the stock. Citizens Jmp upgraded Penguin Solutions to a “strong-buy” rating in a research note on Monday, November 18th. Needham & Company LLC reduced their price target on Penguin Solutions from $35.00 to $25.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Finally, Stifel Nicolaus decreased their price objective on Penguin Solutions from $32.00 to $27.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $23.60.

Insider Transactions at Penguin Solutions

In other Penguin Solutions news, COO Jack A. Pacheco sold 13,334 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of $20.05, for a total transaction of $267,346.70. Following the sale, the chief operating officer now directly owns 235,960 shares in the company, valued at approximately $4,730,998. This trade represents a 5.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Joseph Gates Clark sold 2,264 shares of the business’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $17.50, for a total value of $39,620.00. Following the completion of the transaction, the insider now owns 95,999 shares of the company’s stock, valued at $1,679,982.50. This represents a 2.30 % decrease in their position. The disclosure for this sale can be found here. 2.40% of the stock is owned by insiders.

About Penguin Solutions

Penguin Solutions, Inc engages in the designing and development of enterprise solutions worldwide. It operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers dynamic random access memory modules, solid-state and flash storage, and other advanced integrated memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services.