PRA Group (NASDAQ:PRAA – Get Free Report) will be issuing its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.34 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
PRA Group (NASDAQ:PRAA – Get Free Report) last announced its quarterly earnings data on Monday, August 5th. The business services provider reported $0.54 EPS for the quarter, beating the consensus estimate of $0.08 by $0.46. PRA Group had a net margin of 0.40% and a return on equity of 0.33%. The business had revenue of $284.20 million during the quarter, compared to analysts’ expectations of $245.04 million. During the same period in the previous year, the business posted ($0.10) EPS. The business’s quarterly revenue was up 35.9% compared to the same quarter last year. On average, analysts expect PRA Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
PRA Group Price Performance
PRAA opened at $18.84 on Monday. The firm has a fifty day moving average price of $21.64 and a 200 day moving average price of $22.19. PRA Group has a 1 year low of $11.85 and a 1 year high of $31.43. The stock has a market cap of $741.39 million, a P/E ratio of -34.89 and a beta of 1.49.
Insider Buying and Selling
Analysts Set New Price Targets
PRAA has been the subject of several analyst reports. Truist Financial decreased their target price on shares of PRA Group from $42.00 to $28.00 and set a “buy” rating for the company in a research note on Tuesday, August 20th. StockNews.com upgraded shares of PRA Group from a “hold” rating to a “buy” rating in a research note on Wednesday, October 16th.
View Our Latest Report on PRA Group
PRA Group Company Profile
PRA Group, Inc, a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans worldwide. It is involved in the purchase of accounts that are primarily the unpaid obligations of individuals owed to credit originators, which include banks and other types of consumer, retail, and auto finance companies.
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