PRA Group Inc (PRAA): A Technical Analysis

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PRA Group Inc (NASDAQ: PRAA) has a higher price-to-earnings ratio of 19.09x compared to its average ratio. PRAA has 36-month beta value of 1.50. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 2 as “overweight,” 3 as “hold,” and 1 as “sell.”

The public float for PRAA is 38.07M, and currently, short sellers hold a 1.36% ratio of that float. The average trading volume of PRAA on November 21, 2024 was 234.01K shares.

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PRAA) stock’s latest price update

The stock price of PRA Group Inc (NASDAQ: PRAA) has dropped by -6.27 compared to previous close of 22.32. Despite this, the company has seen a fall of -10.25% in its stock price over the last five trading days. prnewswire.com reported 2024-11-20 that NORFOLK, Va. , Nov. 20, 2024 /PRNewswire/ — PRA Group, Inc. (Nasdaq: PRAA) (the “Company”), a global leader in acquiring and collecting nonperforming loans, announced today the pricing of its upsized offering of $150.0 million aggregate principal amount of 8.875% Senior Notes due 2030 (the “notes”), which was upsized by $50.0 million from the previously announced $100.0 million, at a price of 103.625% of their principal amount, in a private transaction that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).

PRAA’s Market Performance

PRA Group Inc (PRAA) has seen a -10.25% fall in stock performance for the week, with a 7.06% gain in the past month and a -3.82% plunge in the past quarter. The volatility ratio for the week is 3.74%, and the volatility levels for the past 30 days are at 4.37% for PRAA. The simple moving average for the past 20 days is -4.36% for PRAA’s stock, with a -8.34% simple moving average for the past 200 days.

Analysts’ Opinion of PRAA

Many brokerage firms have already submitted their reports for PRAA stocks, with JMP Securities repeating the rating for PRAA by listing it as a “Mkt Outperform.” The predicted price for PRAA in the upcoming period, according to JMP Securities is $35 based on the research report published on May 08, 2020 of the previous year 2020.

Keefe Bruyette, on the other hand, stated in their research note that they expect to see PRAA reach a price target of $35. The rating they have provided for PRAA stocks is “Outperform” according to the report published on April 13th, 2020.

PRAA Trading at -3.40% from the 50-Day Moving Average

After a stumble in the market that brought PRAA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.44% of loss for the given period.

Volatility was left at 4.37%, however, over the last 30 days, the volatility rate increased by 3.74%, as shares surge +7.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.41% upper at present.

During the last 5 trading sessions, PRAA fell by -10.25%, which changed the moving average for the period of 200-days by -9.24% in comparison to the 20-day moving average, which settled at $21.87. In addition, PRA Group Inc saw -20.15% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PRAA starting from Olsen Geir, who purchase 11,750 shares at the price of $21.39 back on Aug 07 ’24. After this action, Olsen Geir now owns 11,750 shares of PRA Group Inc, valued at $251,332 using the latest closing price.

Atal Vikram A, the President and CEO of PRA Group Inc, sale 5,830 shares at $24.39 during a trade that took place back on Apr 15 ’24, which means that Atal Vikram A is holding 155,625 shares at $142,194 based on the most recent closing price.

Stock Fundamentals for PRAA

Current profitability levels for the company are sitting at:

  • 0.28 for the present operating margin
  • 0.72 for the gross margin

The net margin for PRA Group Inc stands at 0.04. The total capital return value is set at 0.06. Equity return is now at value 3.72, with 0.94 for asset returns.

Based on PRA Group Inc (PRAA), the company’s capital structure generated 0.74 points at debt to capital in total, while cash flow to debt ratio is standing at -0.03. The debt to equity ratio resting at 2.81. The interest coverage ratio of the stock is 1.36.

Currently, EBITDA for the company is 133.54 million with net debt to EBITDA at 11.94. When we switch over and look at the enterprise to sales, we see a ratio of 3.84.

Conclusion

To put it simply, PRA Group Inc (PRAA) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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