Privia Health Group Inc (NASDAQ: PRVA) closed the day trading at $20.14 down -0.98% from the previous closing price of $20.34. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 967844 shares were traded. PRVA stock price reached its highest trading level at $20.31 during the session, while it also had its lowest trading level at $19.80.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
For a better understanding of PRVA, 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 6.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.60. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 this company, Barclays on March 06, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $22.
BofA Securities Downgraded its Buy to Neutral on February 22, 2024, while the target price for the stock was maintained at $21.
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 11 ’24 when Sullivan William M sold 400 shares for $23.02 per share. The transaction valued at 9,208 led to the insider holds 5,445,018 shares of the business.
Sullivan William M sold 7,115 shares of PRVA for $163,858 on Mar 08 ’24. The Director now owns 5,445,418 shares after completing the transaction at $23.03 per share. On Jan 25 ’24, another insider, Sullivan William M, who serves as the Director of the company, sold 12,000 shares for $23.13 each. As a result, the insider received 277,560 and left with 5,452,533 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, PRVA now has a Market Capitalization of 2.39B and an Enterprise Value of 2.01B. As of this moment, Privia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 108.75, and their Forward P/E ratio for the next fiscal year is 60.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44 while its Price-to-Book (P/B) ratio in mrq is 4.24. Its current Enterprise Value per Revenue stands at 1.21 whereas that against EBITDA is 73.91.
Stock Price History:
Over the past 52 weeks, PRVA has reached a high of $30.15, while it has fallen to a 52-week low of $19.17. The 50-Day Moving Average of the stock is 21.24, while the 200-Day Moving Average is calculated to be 23.45.
Shares Statistics:
Over the past 3-months, PRVA traded about 940.30K shares per day on average, while over the past 10 days, PRVA traded about 840.14k shares per day. A total of 118.22M shares are outstanding, with a floating share count of 102.14M. Insiders hold about 13.86% of the company’s shares, while institutions hold 96.00% stake in the company. Shares short for PRVA as of Feb 29, 2024 were 7.57M with a Short Ratio of 8.05, compared to 7.21M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.39% and a Short% of Float of 11.80%.
Earnings Estimates
Current recommendations for the stock of the company come from 13 analysts. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.03, while EPS last year was $0.06. The consensus estimate for the next quarter is $0.06, with high estimates of $0.09 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.33 and $0.17 for the fiscal current year, implying an average EPS of $0.24. EPS for the following year is $0.33, with 13 analysts recommending between $0.4 and $0.23.
Revenue Estimates
8 analysts predict $681.45M in revenue for the current quarter. It ranges from a high estimate of $700M to a low estimate of $652.3M. As of the current estimate, Privia Health Group Inc’s year-ago sales were $658.9M, an estimated increase of 3.40% from the year-ago figure.
Based on 8 analysts’ estimates, the company’s revenue will be $3.26B in the next fiscal year. The high estimate is $3.51B and the low estimate is $3.15B. The average revenue growth estimate for next year is up 14.80% from the average revenue estimate for this year.
