Equities analysts expect Pra Group Inc (NASDAQ:PRAA) to announce earnings per share (EPS) of $0.36 for the current fiscal quarter, according to Zacks. Five analysts have made estimates for Pra Group’s earnings, with the lowest EPS estimate coming in at $0.31 and the highest estimate coming in at $0.42. Pra Group reported earnings of $0.38 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 5.3%. The firm is scheduled to issue its next earnings report on Tuesday, May 8th.
According to Zacks, analysts expect that Pra Group will report full-year earnings of $1.77 per share for the current financial year, with EPS estimates ranging from $1.66 to $1.92. For the next year, analysts expect that the business will post earnings of $2.45 per share, with EPS estimates ranging from $2.06 to $2.95. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover Pra Group.
Pra Group (NASDAQ:PRAA) last issued its earnings results on Tuesday, February 27th. The business services provider reported $0.36 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.01). The firm had revenue of $205.67 million during the quarter, compared to analyst estimates of $195.56 million. Pra Group had a return on equity of 5.83% and a net margin of 19.94%.
Shares of Pra Group (NASDAQ PRAA) traded up $0.45 on Monday, hitting $40.35. The stock had a trading volume of 308,860 shares, compared to its average volume of 419,695. The firm has a market cap of $1,804.49, a price-to-earnings ratio of 11.40 and a beta of 1.50. Pra Group has a one year low of $25.72 and a one year high of $40.55.
In related news, Director Penelope W. Kyle sold 1,975 shares of the business’s stock in a transaction that occurred on Friday, December 29th. The stock was sold at an average price of $33.45, for a total transaction of $66,063.75. Following the completion of the transaction, the director now owns 36,425 shares in the company, valued at approximately $1,218,416.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.10% of the company’s stock.
Large investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio boosted its position in Pra Group by 10.7% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 3,150 shares of the business services provider’s stock valued at $119,000 after purchasing an additional 305 shares during the period. Zions Bancorporation bought a new stake in Pra Group during the 3rd quarter valued at $121,000. SG Americas Securities LLC bought a new stake in Pra Group during the 3rd quarter valued at $189,000. Amalgamated Bank bought a new stake in Pra Group during the 4th quarter valued at $215,000. Finally, Crossmark Global Holdings Inc. bought a new stake in Pra Group during the 3rd quarter valued at $259,000.
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About Pra Group
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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