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Paltalk, Inc. (PALT)
NASDAQ:PALT
Holding PALT?
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PALT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.53 - $5.50
Previous Close$3.12
Volume52.29K
Average Volume (3M)96.19K
Market Cap
$28.77M
Enterprise Value$16.09M
Total Cash (Recent Filing)$12.80M
Total Debt (Recent Filing)$116.39K
Price to Earnings (P/E)―
Beta1.01
Next Earnings
Nov 07, 2024EPS Estimate
$0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.20
Shares Outstanding9,222,157
10 Day Avg. Volume73,666
30 Day Avg. Volume96,193
Standard Deviation0.47
R-Squared0.00702
Alpha0.06
Financial Highlights & Ratios
Price to Book (P/B)1.40
Price to Sales (P/S)2.80
Price to Cash Flow (P/CF)-28.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.57
Enterprise Value/Gross Profit2.08
Enterprise Value/Ebitda-9.10
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
Paltalk News
PremiumCompany Announcements
Paltalk’s Strategic Merger and Equity Deal with Newtek
Bulls Say, Bears Say
Bulls Say
Business ExpansionPaltalk will gain a new business that is profitable and generated three times current revenues.
Financial StabilityThe company had $12.8 million in cash and no debt.
Strategic AssetsPaltalk has nine patents and has three times sued much larger companies and won.
Bears Say
Financial PerformancePaltalk's existing businesses have been challenged with declining revenue and operating losses.
Transaction RiskThe biggest risk to the transaction closing is the company being able to sell the legacy assets due to them having declining revenues, lacking scale, and not being profitable.
ValuationPALT trades at an EV/revenue multiple of 1.6x compared to a peer group average of 0.8x.
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Ownership Overview
32.71% Insiders
3.16% Mutual Funds
3.06% Other Institutional Investors
61.07% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
PALT FAQ
What was Paltalk, Inc.’s price range in the past 12 months?
Paltalk, Inc. lowest stock price was $1.53 and its highest was $5.50 in the past 12 months.
What is Paltalk, Inc.’s market cap?
Currently, no data Available
When is Paltalk, Inc.’s upcoming earnings report date?
Paltalk, Inc.’s upcoming earnings report date is Nov 07, 2024 which is in 48 days.
How were Paltalk, Inc.’s earnings last quarter?
Paltalk, Inc. released its earnings results on Aug 13, 2024. The company reported -$0.1 earnings per share for the quarter, missing the consensus estimate of $0.07 by -$0.17.
Is Paltalk, Inc. overvalued?
According to Wall Street analysts Paltalk, Inc.’s price is currently Overvalued.
Does Paltalk, Inc. pay dividends?
Paltalk, Inc. does not currently pay dividends.
What is Paltalk, Inc.’s EPS estimate?
Paltalk, Inc.’s EPS estimate is $0.1.
How many shares outstanding does Paltalk, Inc. have?
Paltalk, Inc. has 9,222,157 shares outstanding.
What happened to Paltalk, Inc.’s price movement after its last earnings report?
Paltalk, Inc. reported an EPS of -$0.1 in its last earnings report, missing expectations of $0.07. Following the earnings report the stock price went up 3.846%.
Which hedge fund is a major shareholder of Paltalk, Inc.?
Among the largest hedge funds holding Paltalk, Inc.’s share is Highbridge Capital Management LLC. It holds Paltalk, Inc.’s shares valued at N/A.
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Paltalk Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
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Hedge Fund Trend
Decreased
By 328.0 Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $75.8K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
46.47%
12-Months-Change
Fundamentals
Return on Equity
-9.63%
Trailing 12-Months
Asset Growth
-7.84%
Trailing 12-Months
Company Description
Paltalk, Inc.
PeerStream, Inc. engages in the development of communications software and solutions for video, voice & text applications and data transmission. It also develops proprietary PeerStream Protocol by using multi-layered encryption, blockchain technology to offer clients maximal data security and confidentiality over distributed or decentralized networks. Its products include Paltalk, Camfrog, Backchannel, FirstMet, 50more, Firetalk, Ribbit Live, The Grade, Tinychat, and Vumber. The company was founded by Clifford Lerner and Darrell Lerner on July 19, 2005 and is headquartered in New York, NY.
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PALT Earnings Call
Q2 2024
0:00 / 0:00
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PALT Stock 12 Month Forecast
Average Price Target
―Technical Analysis
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