PRA Group Inc (NASDAQ: PRAA) is -21.18% lower on its value in year-to-date trading and has touched a low of $18.64 and a high of $31.43 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 PRAA stock was last observed hovering at around $20.38 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $20.65, the stock is -2.37% and -3.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 1.32% at the moment leaves the stock -7.73% off its SMA200. PRAA registered -17.63% loss for a year compared to 6-month gain of 6.83%. The firm has a 50-day simple moving average (SMA 50) of $21.3934 and a 200-day simple moving average (SMA200) of $22.40265.
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The stock witnessed a -4.93% loss in the last 1 month and extending the period to 3 months gives it a -8.47%, and is -6.31% 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 6.05% over the week and 4.53% over the month.
PRA Group Inc (PRAA) has around 3155 employees, a market worth around $814.17M and $1.06B in sales. Current P/E ratio is 18.84 and Fwd P/E is 9.85. Profit margin for the company is 4.08%. Distance from 52-week low is 10.81% and -34.30% from its 52-week high. The company has generated returns on investments over the last 12 months (0.95%).
The EPS is expected to grow by 183.22% this year.
PRA Group Inc (PRAA) Top Institutional Holders
261.0 institutions hold shares in PRA Group Inc (PRAA), with institutional investors hold 101.94% of the company’s shares. The shares outstanding are 39.43M, and float is at 38.07M with Short Float at 1.12%. Institutions hold 99.07% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.28 million shares valued at $123.42 million. The investor’s holdings represent 15.9843% of the PRAA Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.31 million shares valued at $84.65 million to account for 10.9635 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 3.89 million shares representing 9.8979% and valued at over $76.42 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 6.7658 of the shares totaling 2.66 million with a market value of $52.24 million.
PRA Group Inc (PRAA) Insider Activity
The most recent transaction is an insider purchase by Olsen Geir, the company’s Director. SEC filings show that Olsen Geir bought 11,750 shares of the company’s common stock on Aug 07 ’24 at a price of $21.39 per share for a total of $0.25 million. Following the purchase, the insider now owns 11750.0 shares.
PRA Group Inc disclosed in a document filed with the SEC on Apr 15 ’24 that Atal Vikram A (President and CEO) sold a total of 5,830 shares of the company’s common stock. The trade occurred on Apr 15 ’24 and was made at $24.39 per share for $0.14 million. Following the transaction, the insider now directly holds 0.16 million shares of the PRAA stock.
