Analysts Predict A Surge In PRA Group Inc (NASDAQ: PRAA)?

PRA Group Inc (NASDAQ:PRAA) shares, rose in value, with the stock price up by 2.22% to the previous day’s close as strong demand from buyers drove the stock to $17.01.

Actively observing the price movement in the last trading, the stock closed the session at $16.64, falling within a range of $16.54 and $17.09. The value of beta (5-year monthly) was 1.526 whereas the PE ratio was 9.53 over 12-month period. Referring to stock’s 52-week performance, its high was $28.64, and the low was $15.94. On the whole, PRAA has fluctuated by -14.48% over the past month.

With the market capitalization of PRA Group Inc currently standing at about $672.06 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-18.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.18B, with a low estimate of 280.73M and a high estimate of 295.99M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 285.97M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PRAA’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the price of PRAA currently trading nearly -10.86% and -16.63% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.40, while the 7-day volatility ratio is showing 4.62% which for the 30-day chart, stands at 6.02%. Furthermore, PRA Group Inc (PRAA)’s beta value is 1.73, and its average true range (ATR) is 1.11.

A comparison of PRA Group Inc (PRAA) with its peers suggests the former has fared considerably weaker in the market. PRAA showed an intraday change of 2.22% in last session, and over the past year, it shrunk by -23.76%%.

Data on historical trading for PRA Group Inc (NASDAQ:PRAA) indicates that the trading volumes over the past 10 days have averaged 0.41 and over the past 3 months, they’ve averaged 312.73K. According to company’s latest data on outstanding shares, there are 39.51 million shares outstanding.

Nearly 4.14% of PRA Group Inc’s shares belong to company insiders and institutional investors own 95.79% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.7 million shares as on 2025-03-31, resulting in a short ratio of 1.85. According to the data, the short interest in PRA Group Inc (PRAA) stood at 253.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.57 million. The stock has fallen by -18.57% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PRAA stock heading into the next quarter.

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