With 0.62 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.46 million shares. The 52-week range on PRAA shows that it touched its highest point at $27.54 and its lowest point at $12.91 during that stretch. It currently has a 1-year price target of $25.33. Beta for the stock currently stands at 1.56.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PRAA was up-trending over the past week, with a rise of 15.25%, but this was down by -6.91% over a month. Three-month performance dropped to -34.56% while six-month performance fell -33.72%. The stock lost -39.33% in the past year, while it has lost -25.85% so far this year. A look at the trailing 12-month EPS for PRAA yields 1.79 with Next year EPS estimates of 2.20. For the next quarter, that number is 0.44. This implies an EPS growth rate of -20.11% for this year and 53.67% for next year.
Float and Shares Shorts:
At present, 39.65 million PRAA shares are outstanding with a float of 37.99 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PRAA since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.78287 being high and $1.76213 being low. For PRAA, this leads to a yearly average estimate of $1.7725.
