ProAssurance Corporation (NYSE: PRA) is -11.46% lower on its value in year-to-date trading and has touched a low of $20.00 and a high of $27.55 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PRA stock was last observed hovering at around $22.48 in the last trading session, with the day’s loss setting it -0.08% off its average median price target of $28.00 for the next 12 months. It is also 25.33% off the consensus price target high of $30.00 offered by analysts, but current levels are 6.67% higher than the price target low of $24.00 for the same period.
Currently trading at $22.40, the stock is -3.11% and 0.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing -0.36% at the moment leaves the stock -6.45% off its SMA200. PRA registered 8.37% gain for a year compared to 6-month loss of -6.78%.
The stock witnessed a -3.61% gain in the last 1 month and extending the period to 3 months gives it a -10.22%, and is -0.22% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.24% over the week and 2.62% over the month.
ProAssurance Corporation (PRA) has around 1021 employees, a market worth around $1.22B and $1.14B in sales. Current P/E ratio is 9.12 and Fwd P/E is 19.65. Profit margin for the company is 11.70%. Distance from 52-week low is 12.00% and -18.69% from its 52-week high. The company has generated returns on investments over the last 12 months (6.20%).
ProAssurance Corporation is expected to release its quarterly report on 11/07/2022.The EPS is expected to grow by 181.70% this year.
ProAssurance Corporation (PRA) Top Institutional Holders
The shares outstanding are 54.01M, and float is at 53.24M with Short Float at 2.03%.
ProAssurance Corporation (PRA) Insider Activity
A total of 47 insider transactions have happened at ProAssurance Corporation (PRA) in the last six months, with sales accounting for 7 and purchases happening 40 times.
ProAssurance Corporation (PRA): Who are the competitors?
The company’s main competitors (and peers) include RLI Corp. (RLI) that is trading 6.11% up over the past 12 months and W. R. Berkley Corporation (WRB) that is 31.22% higher over the same period. The Travelers Companies Inc. (TRV) is 6.41% up on the 1-year trading charts.