Patria Investments (PAX) Set to Announce Earnings on Tuesday

Patria Investments (NYSE:PAX) will be issuing its quarterly 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 quarterly earnings data on Thursday, August 1st. The company reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. Patria Investments had a net margin of 26.01% and a return on equity of 34.20%. The business had revenue of $75.00 million during the quarter, compared to analyst estimates of $69.99 million. During the same quarter last year, the firm 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 Price Performance

Shares of PAX opened at $11.75 on Tuesday. The company has a market cap of $691.64 million, a P/E ratio of 15.06, a PEG ratio of 1.47 and a beta of 0.58. Patria Investments has a fifty-two week low of $10.63 and a fifty-two week high of $16.16. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.15. The firm’s 50 day moving average price is $11.32 and its 200 day moving average price is $12.21.

Wall Street Analyst Weigh In

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

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.