Just the Facts on Pandora Media (NYSE:P)

Pandora Media, Inc. (P) is an interesting player in the Services space, with a focus on Broadcasting – Radio. The stock has been active on the tape, currently trading at $7.41, down from yesterday’s close by -2.76%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Pandora Media, Inc. (P) currently trades with a market capitalization of $1.95 Billion. That value represents a market adjusting for revenues that have been growing by 1.02 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$191.16 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of -$0.16 on a per share basis this quarter. Perhaps, that suggests something about why 4.47% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, Pandora Media, Inc. recorded a 52-week high of $9.98. It is now trading 2.57% off that level. The stock is trading $5.55 its 50-day moving average by -1.86%. The stock carved out a 52-week low down at $4.09.

In recent action, Pandora Media, Inc. (P) has made a move of +38.76% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 15.08, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 28.70% with $249.12 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of P.

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