PRA Group Inc (NASDAQ: PRAA) is -36.43% lower on its value in year-to-date trading and has touched a low of $12.91 and a high of $28.64 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 $13.57 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $13.28, the stock is -23.25% and -29.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing -2.14% at the moment leaves the stock -37.29% off its SMA200. PRAA registered -46.77% loss for a year compared to 6-month loss of -36.28%.
The stock witnessed a -25.98% gain in the last 1 month and extending the period to 3 months gives it a -41.70%, and is -27.43% 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 8.69% over the week and 6.73% over the month.
PRA Group Inc (PRAA) has around 3115 employees, a market worth around $524.68M and $1.14B in sales. Current P/E ratio is 7.43 and Fwd P/E is 6.04. Profit margin for the company is 6.18%. Distance from 52-week low is 2.87% and -53.63% from its 52-week high. The company has generated returns on investments over the last 12 months (1.44%).
The EPS is expected to shrink by -20.11% this year
The shares outstanding are 39.65M, and float is at 37.88M with Short Float at 1.51%.
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 15.9478 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 10.9385 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 3.89 million shares representing 9.8753 and valued at over $76.42 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 6.7503 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.
