PRA Group Inc (NASDAQ: PRAA) has reported earnings for its third fiscal quarter (ending September 30) of $0.69 versus a loss $-0.31 for the same period a year ago — a decline of -323%. For the latest four quarters through September 30, E.P.S. were $1.11 versus $-1.50 for the same period a year ago — a decline of -174%.
Recent Price Action
PRA Group Inc (NASDAQ: PRAA) stock declined modestly by -1.3% on 11/4/24. The stock closed at $20.56. Moreover, above average trading volume at 133% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months but has risen 9.1% 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 C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. PRA Group has a very high Appreciation Score of 86 but a slightly negative Power Rating of 34, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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