The Panic-Proof Portfolio (Stockchase Research)
Patria Investments Limited
PAX-Q
TOP PICK
Aug 01, 2024
Stockchase Research Editor: Michael O'Reilly
PAX is a private equity company that focuses on businesses operating in Latin America, managing a portfolio over $43 billion. The company recently reported a 17% increase in fee based earnings and expect similar earnings growth in 2025. It trades at 16x earnings and supports a ROE of 24%. We recommend setting a stop-loss at $10.50, looking to achieve $18.00 -- upside potential over 45%. Yield 5%
PAX is a private equity company that focuses on businesses operating in Latin America, managing a portfolio over $43 billion. The company recently reported a 17% increase in fee based earnings and expect similar earnings growth in 2025. It trades at 16x earnings and supports a ROE of 24%. We recommend setting a stop-loss at $10.50, looking to achieve $18.00 -- upside potential over 45%. Yield 5%
(Analysts’ price target is $18.73)