PX Stock Summary and Trading Ideas (P10 Class A | NYSE:PX)

P10 Inc is a player in the alternative asset management sector, specializing in multi-asset class private market solutions. It offers a range of investment solutions, including specialized funds, separate accounts, secondary investments, direct investments, and co-investments across various asset classes and geographies. These solutions cater to diverse investor needs within the private markets, aiming to deliver superior risk-adjusted returns. With a focus on middle and lower-middle markets, the company's portfolio includes Private Equity, Venture Capital, Impact Investing, and Private Credit. Revenue primarily comes from recurring management and advisory fees earned on committed capital, typically locked up for ten to fifteen years.

P10 Class A trades on the NYSE stock market under the symbol PX.

As of April 19, 2024, PX stock price climbed to $7.49 with 656,900 million shares trading.

PX has a beta of 1.06, meaning it tends to be more sensitive to market movements. PX has a correlation of 0.13 to the broad based SPY ETF.

PX has a market cap of $867.92 million. This is considered a Small Cap stock.

Last quarter P10 Class A reported $63 million in Revenue and $.21 earnings per share. This beat revenue expectation by $487,000 and met earnings estimates .

The top ETF exchange traded funds that PX belongs to (by Net Assets): VTI, VB, IWM, VXF, VBK.

PX has underperformed the market in the last year with a price return of -28.9% while the SPY ETF gained +21.2%. PX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -17.0% and -10.8%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

PX support price is $7.26 and resistance is $7.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PX stock will trade within this expected range on the day.