On 8/1/24, PRA Group Inc (NASDAQ: PRAA) stock suffered a major decline of -11.0%, closing at $23.73. Moreover, this decline was accompanied by above average trading volume at 140% of normal. Relative to the market the stock has been strong over the last nine months but has declined -0.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PRAA is expected to continue to be a modest Value Builder.
PRA Group has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. PRA Group has a good Power Rating of 71 and a good Appreciation Score of 77, resulting in the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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