The 36-month beta value for PRCH is at 2.02. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for PRCH is 60.27M, and currently, shorts hold a 17.82% of that float. The average trading volume for PRCH on January 30, 2025 was 2.36M shares.
PRCH) stock’s latest price update
The stock of Porch Group Inc (NASDAQ: PRCH) has increased by 2.72 when compared to last closing price of 4.15.Despite this, the company has seen a loss of -3.34% in its stock price over the last five trading days. businesswire.com reported 2025-01-07 that SEATTLE–(BUSINESS WIRE)–Porch Group Completes Formation of Porch Insurance Reciprocal Exchange and Corresponding Sale of Homeowners of America Insurance Company.
PRCH’s Market Performance
PRCH’s stock has fallen by -3.34% in the past week, with a monthly drop of -21.64% and a quarterly rise of 95.54%. The volatility ratio for the week is 7.68% while the volatility levels for the last 30 days are 8.03% for Porch Group Inc The simple moving average for the last 20 days is -8.03% for PRCH’s stock, with a simple moving average of 61.76% for the last 200 days.
Analysts’ Opinion of PRCH
Many brokerage firms have already submitted their reports for PRCH stocks, with Loop Capital repeating the rating for PRCH by listing it as a “Hold.” The predicted price for PRCH in the upcoming period, according to Loop Capital is $6 based on the research report published on December 09, 2024 of the previous year 2024.
Loop Capital, on the other hand, stated in their research note that they expect to see PRCH reach a price target of $2, previously predicting the price at $4. The rating they have provided for PRCH stocks is “Hold” according to the report published on March 15th, 2023.
PRCH Trading at -7.50% from the 50-Day Moving Average
After a stumble in the market that brought PRCH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.37% of loss for the given period.
Volatility was left at 8.03%, however, over the last 30 days, the volatility rate increased by 7.68%, as shares sank -21.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +36.98% upper at present.
During the last 5 trading sessions, PRCH fell by -3.40%, which changed the moving average for the period of 200-days by +16.08% in comparison to the 20-day moving average, which settled at $4.63. In addition, Porch Group Inc saw -13.36% 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 PRCH starting from Tabak Shawn, who sale 21,774 shares at the price of $6.00 back on Dec 16 ’24. After this action, Tabak Shawn now owns 287,839 shares of Porch Group Inc, valued at $130,705 using the latest closing price.
Tabak Shawn, the Officer of Porch Group Inc, proposed sale 21,774 shares at $5.96 during a trade that took place back on Dec 16 ’24, which means that Tabak Shawn is holding shares at $129,759 based on the most recent closing price.
Stock Fundamentals for PRCH
Current profitability levels for the company are sitting at:
- -0.15 for the present operating margin
- 0.4 for the gross margin
The net margin for Porch Group Inc stands at -0.15. The total capital return value is set at -0.18. Equity return is now at value -15311.00, with -7.17 for asset returns.
Based on Porch Group Inc (PRCH), the company’s capital structure generated 1.24 points at debt to capital in total, while cash flow to debt ratio is standing at -0.4. The debt to equity ratio resting at -5.18. The interest coverage ratio of the stock is -1.59.
Currently, EBITDA for the company is -77.07 million with net debt to EBITDA at 9.51. When we switch over and look at the enterprise to sales, we see a ratio of 1.38. The receivables turnover for the company is 3.62for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.79.
Conclusion
In conclusion, Porch Group Inc (PRCH) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
