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Added to YB: 2024-10-10

Pitch date: 2024-10-10

PEN [bullish]

Penumbra, Inc.

+61.08%

current return

Author Info

Northeastern University Student Value Fund is the premier investment fund at Northeastern University. Visit their website.

Company Info

Penumbra, Inc., together with its subsidiaries, designs, develops, manufactures, and markets medical devices in the United States and internationally.

Market Cap

$11.0B

Pitch Price

$193.70

Price Target

N/A

Dividend

N/A

EV/EBITDA

47.80

P/E

67.68

EV/Sales

8.03

Sector

Health Care Equipment and Supplies

Category

growth

Show full summary:
New Investment Idea: Long Penumbra $PEN

PEN: CAVT tech superior for thrombectomy, 20% market share leaves room for growth. CE Mark approval enables EU expansion. Conservative guidance after misses. Exiting immersive healthcare to focus on core. Risks: China headwinds (2% of biz), slowing MedTech growth. Long-term 20% growth potential, new EU launches.

Read full article (3 min)