Patria Investments Ltd. (PAX)
NASDAQ:PAX
Want to see PAX full AI Analyst Report?
PAX Stock Chart & Stats
$13.35
$0.03(0.26%)
At close: 4:00 PM EST
$13.35
$0.03(0.26%)
Day’s Range― - ―
52-Week Range$10.91 - $17.80
Previous CloseN/A
Volume98.69K
Average Volume (3M)929.97K
Market Cap
$1.79B
Enterprise Value$1.98B
Total Cash (Recent Filing)$88.71M
Total Debt (Recent Filing)$198.68M
Price to Earnings (P/E)217.9
Beta1.01
Next Earnings
Jul 30, 2026EPS Estimate
0.3Next Dividend Ex-DateN/A
Dividend Yield3.78%
Share Statistics
EPS (TTM)0.54
Shares Outstanding68,448,420
10 Day Avg. Volume1,295,817
30 Day Avg. Volume929,969
Financial Highlights & Ratios
PEG Ratio1.97
Price to Book (P/B)4.10
Price to Sales (P/S)6.54
P/FCF Ratio9.72
Enterprise Value/Market Cap1.10
Enterprise Value/Revenue5.16
Enterprise Value/Gross Profit6.04
Enterprise Value/Ebitda12.85
Forecast
1Y Price Target
$16.33Price Target Upside22.35% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)1.37
Revenue Forecast (FY)$423.66M
Bulls Say, Bears Say
Bulls Say
Fundraising MomentumLarge, sustained fundraising builds a durable, recurring fee base and increases scale for fee-generating products. A consistent pipeline and quarter-over-quarter inflows provide visibility into future management fees, support FRE guidance, and enable investments in higher-return strategies over the next 2–6 months.
Durable Fee Base / Permanent CapitalHigh share of non‑redeemable and permanent capital reduces AUM volatility and redemption risk, stabilizing management fees and planning horizons. This structural mix improves revenue predictability, supports leverage capacity and long-term investments, and makes FRE less sensitive to short-term market flows.
Cash Generation & Balance SheetStrong operating cash flow and near-parity FCF to net income indicate high earnings quality and internal funding capacity. The long-duration fixed-rate bond and sub‑1.0x net debt/FRE bolster liquidity and financial flexibility, enabling buybacks, dividend support and strategic M&A without stressing solvency.
Bears Say
Carry / PRE Realization DelaysDelayed and lower-than-originally-expected performance fee realizations reduce upside to FRE and distributable earnings. Slower carry timing compresses potential surplus cash flows and heightens reliance on base fees, limiting near-term earnings acceleration and making long‑term FRE growth more dependent on new fundraising and fee mix.
Revenue Decline & Margin CompressionFalling revenue and persistent margin erosion versus prior higher-margin years indicate pressure on core earnings power. Even with solid gross profitability, sustained margin compression reduces FRE growth potential, constrains reinvestment and distributions, and raises execution risk in achieving long-term margin targets.
Lower Average Fee Rate / Product Mix ShiftA structural shift toward SMAs and co-invest solutions reduces average fee per AUM and limits leverage to grow FRE from AUM expansion alone. While this mix increases client customization and scale, it also caps revenue intensity and long-term margin upside compared with higher-fee flagship funds and makes performance fees less central to growth.
Patria Investments News
PAX FAQ
What was Patria Investments Ltd.’s price range in the past 12 months?
Patria Investments Ltd. lowest stock price was $10.91 and its highest was $17.80 in the past 12 months.
What is Patria Investments Ltd.’s market cap?
Patria Investments Ltd.’s market cap is $1.79B.
When is Patria Investments Ltd.’s upcoming earnings report date?
Patria Investments Ltd.’s upcoming earnings report date is Jul 30, 2026 which is in 70 days.
How were Patria Investments Ltd.’s earnings last quarter?
Patria Investments Ltd. released its earnings results on May 07, 2026. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.285 by -$0.015.
Is Patria Investments Ltd. overvalued?
According to Wall Street analysts Patria Investments Ltd.’s price is currently Undervalued.
Does Patria Investments Ltd. pay dividends?
Patria Investments Ltd. pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 3.78%. See more information on Patria Investments Ltd. dividends here
What is Patria Investments Ltd.’s EPS estimate?
Patria Investments Ltd.’s EPS estimate is 0.3.
How many shares outstanding does Patria Investments Ltd. have?
Patria Investments Ltd. has 68,448,420 shares outstanding.
What happened to Patria Investments Ltd.’s price movement after its last earnings report?
Patria Investments Ltd. reported an EPS of $0.27 in its last earnings report, missing expectations of $0.285. Following the earnings report the stock price went down -6.816%.
Which hedge fund is a major shareholder of Patria Investments Ltd.?
Currently, no hedge funds are holding shares in PAX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Patria Investments Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$16.33 (22.35% Upside)
$16.33 (22.35% Upside)
Blogger Sentiment
Bullish
PAX Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 42.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.8%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-8.94%
12-Months-Change
Fundamentals
Return on Equity
12.14%
Trailing 12-Months
Asset Growth
29.92%
Trailing 12-Months
Company Description
Patria Investments Ltd.
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. Patria Investments Limited was founded in 1994 and is headquartered in Grand Cayman, the Cayman Islands.
PAX Company Deck
PAX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a largely constructive operational and financial picture: significant fundraising momentum, strong fee-earning AUM growth (31% YoY), solid fee revenue (+20% YoY) and FRE growth (+19% YoY), successful long-term debt issuance, and strong investment performance in core strategies. Offsetting these positives are timing delays in performance-related earnings (PRE) and carry realization, DPI and exit challenges in older buyout vintages (Fund IV and V), and near-term expense and mix-driven margin headwinds (1Q FRE margin of 54.6% vs long-term target 58%–60%). Management reiterated full-year FRE guidance and outlined a credible path to margin expansion and continued fundraising, but some upside from carry is now expected later than previously guided.View all PAX earnings summariesPAX Stock 12 Month Forecast
Average Price Target
$16.33
▲(22.35% Upside)
Technical Analysis
Artisan Partners
―
Goldman Sachs BDC
―
Bain Capital Specialty Finance
―
GCM Grosvenor
―
Vinci Partners Investments
―
Ownership Overview
―
Insiders
27.64% Mutual Funds
40.10% Other Institutional Investors
24.62% Public Companies and
Individual Investors