Porch Group Inc (NASDAQ: PRCH) closed the day trading at $3.67 down -11.35% from the previous closing price of $4.14. On the day, 1273832 shares were traded.
Ratios:
For a better understanding of PRCH, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.83. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83.
Stock Price History:
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.
Shares Statistics:
A total of 97.06M shares are outstanding, with a floating share count of 74.86M. Insiders hold about 22.53% of the company’s shares, while institutions hold 51.30% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from Porch Group, Inc. analysts. The consensus estimate for the next quarter is $50.71, with high estimates of $156.88 and low estimates of $43.91.
Analysts are recommending an EPS of between $Basic Materials and $Real Estate for the fiscal current year, implying an average EPS of $Healthcare.
