PRA Group Inc (NASDAQ:PRAA) price on Friday, April 11, rose 0.36% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $16.72.
A look at the stock’s price movement, the close in the last trading session was $16.66, moving within a range at $15.99 and $16.805. The beta value (5-Year monthly) was 1.526 while the PE ratio in trailing twelve months stood at 9.37. Turning to its 52-week performance, $28.64 and $15.94 were the 52-week high and 52-week low respectively. Overall, PRAA moved -11.16% over the past month.
PRA Group Inc’s market cap currently stands at around $660.60 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-18.
Analysts have a consensus estimate of 288.63M for the company’s revenue for the quarter, with a low and high estimate of 280.73M and 306.63M respectively. The average forecast suggests up to a 12.93% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.18B, representing a 5.54% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PRAA is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend PRAA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
PRAA’s current price about -15.01% and -19.71% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 35.02, while 7-day volatility ratio is 11.79% and 6.00% in the 30-day chart. Further, PRA Group Inc (PRAA) has a beta value of 1.73, and an average true range (ATR) of 1.24. Analysts have given the company’s stock an average 52-week price target of $35, forecast between a low of $28 and high of $42. Looking at the price targets, the low is -67.46% off current price level while to achieve the yearly target high, price needs to move -151.2%. Nonetheless, investors will most likely welcome a -109.33% jump to $35 which is the analysts’ median price.
If we refocus on PRA Group Inc (NASDAQ:PRAA), historical trading data shows that trading volumes averaged 0.43 over the past 10 days and 309.38K over the past 3 months. The company’s latest data on shares outstanding shows there are 39.51 million shares.
The 4.14% of PRA Group Inc’s shares are in the hands of company insiders while institutional holders own 94.84% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.57 million on 2025-03-14, giving us a short ratio of 1.48. The data shows that as of 2025-03-14 short interest in PRA Group Inc (PRAA) stood at 206.99999999999997 of shares outstanding, with shares short falling to 0.65 million registered in 2025-02-14. Current price change has pushed the stock -19.96% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PRAA stock continues to rise going into the next quarter.
