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As of close of business last night, Porch Group Inc’s stock clocked out at $3.44, down -0.86% from its previous closing price of $3.47. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 0.74 million shares were traded. PRCH stock price reached its highest trading level at $3.62 during the session, while it also had its lowest trading level at $3.37.
Ratios:
To gain a deeper understanding of PRCH’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.21. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 0.98.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Loop Capital on March 15, 2023, Downgraded its rating to Hold and sets its target price to $2 from $4 previously.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 26 ’24 when Tabak Shawn sold 19,040 shares for $4.04 per share. The transaction valued at 76,956 led to the insider holds 292,311 shares of the business.
Tabak Shawn sold 25,678 shares of PRCH for $102,743 on Mar 21 ’24. The CHIEF FINANCIAL OFFICER now owns 311,351 shares after completing the transaction at $4.00 per share. On Mar 20 ’24, another insider, Tabak Shawn, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 30,282 shares for $3.86 each. As a result, the insider received 116,796 and left with 337,029 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRCH now has a Market Capitalization of 338659744 and an Enterprise Value of 480763936. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79. Its current Enterprise Value per Revenue stands at 1.117 whereas that against EBITDA is -4.217.
Stock Price History:
The Beta on a monthly basis for PRCH is 2.18, which has changed by 3.1495776 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, PRCH has reached a high of $4.78, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -3.71%, while the 200-Day Moving Average is calculated to be 71.05%.
Shares Statistics:
It appears that PRCH traded 1.52M shares on average per day over the past three months and 781560 shares per day over the past ten days. A total of 97.06M shares are outstanding, with a floating share count of 75.32M. Insiders hold about 23.30% of the company’s shares, while institutions hold 50.93% stake in the company. Shares short for PRCH as of 1713139200 were 7803736 with a Short Ratio of 5.13, compared to 1710460800 on 9357119. Therefore, it implies a Short% of Shares Outstanding of 7803736 and a Short% of Float of 17.24.
Earnings Estimates
Currently, 9.0 analysts are dedicated to thoroughly evaluating and rating the performance of Porch Group Inc (PRCH) in the stock market.On average, analysts expect EPS of -$0.34 for the current quarter, with a high estimate of -$0.22 and a low estimate of -$0.41, while EPS last year was -$0.41. The consensus estimate for the next quarter is -$0.53, with high estimates of -$0.38 and low estimates of -$0.61.
Analysts are recommending an EPS of between -$0.47 and -$1.16 for the fiscal current year, implying an average EPS of -$0.92. EPS for the following year is -$0.71, with 7.0 analysts recommending between -$0.25 and -$0.96.
Revenue Estimates
In the current quarter, 9 analysts expect revenue to total $104.68M. It ranges from a high estimate of $110.61M to a low estimate of $99.3M. As of the current estimate, Porch Group Inc’s year-ago sales were $87.37MFor the next quarter, 9 analysts are estimating revenue of $117.14M. There is a high estimate of $121M for the next quarter, whereas the lowest estimate is $111.23M.
A total of 9 analysts have provided revenue estimates for PRCH’s current fiscal year. The highest revenue estimate was $478.68M, while the lowest revenue estimate was $408.67M, resulting in an average revenue estimate of $461.19M. In the same quarter a year ago, actual revenue was $430.3MBased on 7 analysts’ estimates, the company’s revenue will be $507.34M in the next fiscal year. The high estimate is $570.81M and the low estimate is $388.01M.
