PRA Group (NASDAQ:PRAA – Get Free Report) announced its quarterly earnings data on Wednesday. The business services provider reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.02, Zacks reports. PRA Group had a return on equity of 2.90% and a net margin of 4.16%.
PRA Group Price Performance
Shares of NASDAQ PRAA traded down $0.29 during midday trading on Wednesday, hitting $23.66. 345,479 shares of the company’s stock were exchanged, compared to its average volume of 211,853. PRA Group has a twelve month low of $18.64 and a twelve month high of $28.64. The company has a market cap of $932.91 million, a PE ratio of 21.51 and a beta of 1.49. The firm’s fifty day simple moving average is $21.57 and its 200-day simple moving average is $21.70.
Wall Street Analyst Weigh In
Separately, Truist Financial raised their target price on PRA Group from $28.00 to $31.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th.
About PRA Group
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.
Featured Articles
- Five stocks we like better than PRA Group
- Short Selling – The Pros and Cons
- Nebius Group: NVIDIA’s Investment Sparks All-Time Highs
- How to Profit From Growth Investing
- SoFi Stock Rallying Strong in the Last 5 Days—What’s Driving It?
- The Significance of Brokerage Rankings in Stock Selection
- Intel Surges on M&A Talks: Rally Beginning or Just a Headfake?
Receive News & Ratings for PRA Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PRA Group and related companies with MarketBeat.com's FREE daily email newsletter.
