Shares of Priority Technology Holdings, Inc. (NASDAQ:PRTH – Get Free Report) have been assigned a consensus rating of “Hold” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $8.75.
PRTH has been the topic of several recent research reports. TD Cowen dropped their price target on shares of Priority Technology from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Wednesday, March 11th. TD Securities dropped their price target on Priority Technology from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Wednesday, March 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Priority Technology in a report on Friday, March 27th. Zacks Research lowered Priority Technology from a “hold” rating to a “strong sell” rating in a research note on Wednesday, March 11th. Finally, Wall Street Zen lowered Priority Technology from a “buy” rating to a “hold” rating in a research note on Saturday.
Read Our Latest Research Report on PRTH
Priority Technology Price Performance
Priority Technology (NASDAQ:PRTH – Get Free Report) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.06. Priority Technology had a negative return on equity of 77.48% and a net margin of 5.85%.The firm had revenue of $249.56 million during the quarter, compared to analysts’ expectations of $242.87 million. Equities analysts expect that Priority Technology will post 1.17 earnings per share for the current year.
More Priority Technology News
Here are the key news stories impacting Priority Technology this week:
- Positive Sentiment: Priority Technology beat Q1 estimates, reporting adjusted EPS of $0.28 versus the $0.22 consensus and revenue of $249.56 million versus $242.87 million expected, which suggests stronger-than-expected demand and execution. Priority Technology Holdings (PRTH) Shares Jump After Strong Earnings Beat
- Positive Sentiment: The company said revenue grew 11.1% year over year, with all three segments contributing and Payables standing out due to larger customers and higher volumes, reinforcing momentum in its connected commerce platform. Priority Payables Rockets 36% as Enterprise Giants Join
- Positive Sentiment: Priority Technology also updated its FY2026 outlook, and the market appears to be viewing the guidance and conference-call commentary as supportive of continued growth. Priority Technology Holdings Inc (PRTH) Q1 2026 Earnings Call Highlights: Strong Revenue Growth …
- Neutral Sentiment: The earnings transcript and press release primarily reinforce the same message: better-than-expected quarterly results and management’s commentary on the quarter. Priority Tech (PRTH) Q1 2026 Earnings Transcript
- Neutral Sentiment: Short-interest data showed 0 shares reported, which does not appear meaningful for near-term trading.
- Negative Sentiment: Some reported guidance details were incomplete/garbled in the feed, so investors may want to confirm the exact FY2026 EPS and revenue outlook directly from the company release. Priority Technology Holdings, Inc. Reports First Quarter Financial Results
Hedge Funds Weigh In On Priority Technology
A number of institutional investors have recently added to or reduced their stakes in PRTH. AQR Capital Management LLC bought a new position in Priority Technology in the 1st quarter worth about $2,292,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Priority Technology by 25.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,030 shares of the company’s stock valued at $89,000 after acquiring an additional 2,648 shares during the period. NewEdge Advisors LLC boosted its holdings in Priority Technology by 1,134.1% during the 1st quarter. NewEdge Advisors LLC now owns 15,759 shares of the company’s stock valued at $107,000 after acquiring an additional 14,482 shares during the period. Strs Ohio purchased a new stake in Priority Technology during the 1st quarter valued at about $46,000. Finally, Rhumbline Advisers raised its position in Priority Technology by 10.2% during the 1st quarter. Rhumbline Advisers now owns 26,131 shares of the company’s stock valued at $178,000 after purchasing an additional 2,425 shares during the last quarter. 11.52% of the stock is currently owned by institutional investors.
About Priority Technology
Priority Technology Acquisition Corp is a special purpose acquisition company formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization or similar business combination with one or more businesses in the technology sector. As a blank-check company, it does not conduct any operations of its own and holds the proceeds from its initial public offering in a trust account pending the identification and completion of a business combination.
The company’s management team is focused on evaluating target businesses that offer scalable technology products or services, including software, digital platforms and related infrastructure.
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