Patria Investments (PAX) Set to Announce Quarterly Earnings on Tuesday

Patria Investments (NYSE:PAX) will be releasing its earnings data before the market opens on Tuesday, November 5th. Investors interested in participating in the company’s conference call can do so using this link.

Patria Investments (NYSE:PAX) last posted its earnings results on Thursday, August 1st. The company reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22. Patria Investments had a net margin of 26.01% and a return on equity of 34.20%. The company had revenue of $75.00 million for the quarter, compared to analyst estimates of $69.99 million. During the same period last year, the business posted $0.30 earnings per share. On average, analysts expect Patria Investments to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Patria Investments Stock Up 0.2 %

NYSE:PAX opened at $11.66 on Friday. 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 $696.92 million, a price-to-earnings ratio of 21.59, a PEG ratio of 1.48 and a beta of 0.57. The stock has a 50-day moving average price of $11.32 and a two-hundred day moving average price of $12.17.

Analyst Ratings Changes

Separately, The Goldman Sachs Group dropped their target price on shares of Patria Investments from $16.00 to $14.00 and set a “buy” rating on the stock in a report on Tuesday, October 22nd.

Patria Investments Company Profile

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.