Paragon 28 (FNA) Scheduled to Post Earnings on Tuesday

Paragon 28 (NYSE:FNA) will be releasing its earnings data after the market closes on Tuesday, November 12th. Analysts expect Paragon 28 to post earnings of ($0.16) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Paragon 28 (NYSE:FNA) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.17) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.17). Paragon 28 had a negative return on equity of 32.39% and a negative net margin of 24.64%. The company had revenue of $61.02 million during the quarter, compared to analysts’ expectations of $60.08 million. During the same period last year, the business earned ($0.13) earnings per share. The business’s revenue was up 19.6% on a year-over-year basis. On average, analysts expect Paragon 28 to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Paragon 28 Stock Up 1.0 %

FNA opened at $7.15 on Friday. The firm has a market cap of $597.31 million, a price-to-earnings ratio of -10.36 and a beta of 1.01. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.70 and a current ratio of 3.57. The firm’s 50-day simple moving average is $6.31 and its 200-day simple moving average is $7.25. Paragon 28 has a twelve month low of $4.65 and a twelve month high of $14.79.

Analyst Ratings Changes

FNA has been the topic of several research analyst reports. Piper Sandler reaffirmed an “overweight” rating and set a $12.00 price objective (down from $15.00) on shares of Paragon 28 in a research note on Friday, August 9th. Needham & Company LLC dropped their price target on Paragon 28 from $14.00 to $11.00 and set a “buy” rating for the company in a report on Friday, August 9th.

Paragon 28 Company Profile

Paragon 28, Inc develops, distributes, and sells foot and ankle surgical systems in the United States and internationally. It offers plating systems, including gorilla plating systems, such as lisfranc, lapidus, lateral column, calcaneus slide, and naviculocuneiform (NC) fusion plating systems; baby gorilla plate-specific screws, navicular fracture plates, and 5th metatarsal hook plates; and silverback plating systems.