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As of close of business last night, Priority Technology Holdings Inc’s stock clocked out at $9.14, down -14.82% from its previous closing price of $10.73. In other words, the price has decreased by -$14.82 from its previous closing price. On the day, 0.82 million shares were traded.
Ratios:
To gain a deeper understanding of PRTH’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 12.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.31. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.04.
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, Keefe Bruyette on January 16, 2025, Upgraded its rating to Outperform and sets its target price to $14 from $10 previously.
On December 15, 2023, B. Riley Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $5 to $10.
On October 16, 2023, Keefe Bruyette started tracking the stock assigning a Mkt Perform rating and target price of $4.50.Keefe Bruyette initiated its Mkt Perform rating on October 16, 2023, with a $4.50 target price.
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 Jan 17 ’25 when Priore John Vito sold 3,454,575 shares for $7.44 per share. The transaction valued at 25,702,038 led to the insider holds 5,314,430 shares of the business.
Priore John Vito sold 1,242,856 shares of PRTH for $9,246,849 on Jan 21 ’25. The Director now owns 4,071,574 shares after completing the transaction at $7.44 per share. On Jan 17 ’25, another insider, Ram Ranjana, who serves as the Chief Operating Officer of the company, sold 18,385 shares for $7.44 each. As a result, the insider received 136,784 and left with 693,004 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, PRTH has reached a high of $12.47, while it has fallen to a 52-week low of $2.82. The 50-Day Moving Average of the stock is -11.31%, while the 200-Day Moving Average is calculated to be 29.54%.
Shares Statistics:
A total of 77.09M shares are outstanding, with a floating share count of 20.86M. Insiders hold about 72.98% of the company’s shares, while institutions hold 14.70% stake in the company.
Earnings Estimates
Priority Technology Holdings Inc (PRTH) is currently under the scrutiny of 1.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.14, with high estimates of $0.14 and low estimates of $0.14.
Analysts are recommending an EPS of between -$0.03 and -$0.03 for the fiscal current year, implying an average EPS of -$0.03. EPS for the following year is $0.68, with 1.0 analysts recommending between $0.68 and $0.68.
Revenue Estimates
In the current quarter, 4 analysts expect revenue to total $226.99M. It ranges from a high estimate of $229.18M to a low estimate of $226.18M. As of the current estimate, Priority Technology Holdings Inc’s year-ago sales were $199.28MFor the next quarter, 4 analysts are estimating revenue of $225.81M. There is a high estimate of $226.22M for the next quarter, whereas the lowest estimate is $225.4M.
A total of 3 analysts have provided revenue estimates for PRTH’s current fiscal year. The highest revenue estimate was $879.02M, while the lowest revenue estimate was $878.8M, resulting in an average revenue estimate of $878.88M. In the same quarter a year ago, actual revenue was $755.61MBased on 3 analysts’ estimates, the company’s revenue will be $972.73M in the next fiscal year. The high estimate is $984.27M and the low estimate is $966.4M.
