With 0.68 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. The 52-week range on PRG shows that it touched its highest point at $50.28 and its lowest point at $26.52 during that stretch. It currently has a 1-year price target of $43.33. With its current market cap of 1.10 billion, PRG has annualized dividend of $0.48 while the current yield stands at 1.79%. Beta for the stock currently stands at 1.96.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PRG was down-trending over the past week, with a drop of -1.14%, but this was down by -37.57% over a month. Three-month performance dropped to -43.25% while six-month performance fell -40.22%. The stock lost -14.34% in the past year, while it has lost -36.37% so far this year. A look at the trailing 12-month EPS for PRG yields 4.56 with Next year EPS estimates of 3.95. For the next quarter, that number is 0.85. This implies an EPS growth rate of -1.68% for this year and 17.77% for next year. EPS is expected to grow by 11.76% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 57.49%.
Float and Shares Shorts:
At present, 40.82 million PRG shares are outstanding with a float of 39.52 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PRG since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.38093 being high and $3.35084 being low. For PRG, this leads to a yearly average estimate of $3.3709. Based on analyst estimates, the high estimate for the next quarter is $0.95 and the low estimate is $0.76. The average estimate for the next quarter is thus $0.87.
