Headlines about Pra Group (NASDAQ:PRAA) have trended positive on Friday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Pra Group earned a media sentiment score of 0.42 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 47.55608017108 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have effected Accern’s rankings:
- Global Rare Hematology Market Expected to Grow at a CAGR 6.2% by 2022 (openpr.com)
- $203.32 Million in Sales Expected for Pra Group Inc (PRAA) This Quarter (americanbankingnews.com)
- Zacks: Brokerages Anticipate Pra Group Inc (PRAA) Will Announce Earnings of $0.36 Per Share (americanbankingnews.com)
- Zacks Investment Research Downgrades Pra Group (PRAA) to Hold (americanbankingnews.com)
A number of brokerages have weighed in on PRAA. Zacks Investment Research downgraded shares of Pra Group from a “buy” rating to a “hold” rating in a research note on Monday. Oppenheimer reaffirmed a “hold” rating on shares of Pra Group in a research note on Thursday, March 1st. Raymond James Financial raised shares of Pra Group from an “underperform” rating to a “market perform” rating in a research note on Wednesday, February 28th. BidaskClub raised shares of Pra Group from a “sell” rating to a “hold” rating in a research note on Wednesday, January 31st. Finally, William Blair reaffirmed an “outperform” rating on shares of Pra Group in a research note on Tuesday, February 20th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $40.00.
Pra Group (PRAA) opened at $37.40 on Friday. Pra Group has a one year low of $25.72 and a one year high of $40.55. The firm has a market cap of $1,781.88, a P/E ratio of 10.57 and a beta of 1.50.
Pra Group (NASDAQ:PRAA) last posted its quarterly earnings results on Tuesday, February 27th. The business services provider reported $0.36 EPS for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.01). Pra Group had a net margin of 19.94% and a return on equity of 5.83%. The firm had revenue of $205.67 million for the quarter, compared to analysts’ expectations of $195.56 million. equities analysts predict that Pra Group will post 1.77 earnings per share for the current fiscal year.
In other news, Director Penelope W. Kyle sold 1,975 shares of the stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $33.45, for a total transaction of $66,063.75. Following the sale, the director now owns 36,425 shares in the company, valued at $1,218,416.25. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 2.10% of the company’s stock.
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Pra Group Company Profile
PRA Group, Inc (PRA Group) is a financial and business services company with operations in the Americas and Europe. The Company’s primary business is the purchase, collection and management of portfolios of nonperforming loans. The Company operates through the account receivables management segment. It also provides fee-based services, such as vehicle location, skip tracing and collateral recovery for auto lenders, government entities and law enforcement; revenue administration, audit and revenue discovery/recovery services for local government entities; class action claims recovery services and purchases; servicing of consumer bankruptcy accounts in the United States, and contingent collections of nonperforming loans in Europe and South America.
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