Porch Financials

PRCH Stock  USD 3.56  0.05  1.42%   
Based on the key indicators obtained from Porch's historical financial statements, Porch Group may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. As of now, Porch's Other Current Assets are increasing as compared to previous years. The Porch's current Property Plant And Equipment Gross is estimated to increase to about 37.4 M, while Other Current Liabilities is projected to decrease to under 115.8 M. Key indicators impacting Porch's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.481.041
Significantly Up
Slightly volatile
The essential information of the day-to-day investment outlook for Porch includes many different criteria found on its balance sheet. An individual investor should monitor Porch's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Porch.

Net Income

(140.63 Million)

  
Understanding current and past Porch Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Porch's financial statements are interrelated, with each one affecting the others. For example, an increase in Porch's assets may result in an increase in income on the income statement.

Porch Stock Summary

Porch competes with Blend Labs, Grindr, SmartRent, MoneyLion, and Nerdy. Porch Group, Inc. operates a software platform in the United States and Canada. The company was incorporated in 2011 and is headquartered in Seattle, Washington. Porch operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1700 people.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS7332451043
CUSIP733245104 74349F101 74349F200
LocationWashington; U.S.A
Business Address411 1st Avenue
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websiteporchgroup.com
Phone855 767 2400
CurrencyUSD - US Dollar

Porch Key Financial Ratios

Porch Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Current Liab25.7M12.6M154.9M222.2M204.5M115.8M
Other Liab10.3M86.1M41.3M26.2M30.2M36.5M
Net Tangible Assets(88.1M)63.1M(140.9M)(273.6M)(246.2M)(233.9M)
Retained Earnings(263.5M)(315.1M)(426.6M)(585.0M)(722.1M)(686.0M)
Accounts Payable4.8M9.2M7.0M6.3M8.8M7.0M
Other Assets3.5M3.7M10.4M15.9M18.3M19.2M
Net Receivables4.7M4.3M257.2M325.5M107.9M128.7M
Total Current Assets10.2M216.0M599.2M610.6M481.1M353.3M

Porch Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense7.1M14.7M5.8M8.7M31.8M33.4M
Ebit(83.1M)(41.0M)(111.1M)(147.0M)(101.5M)(106.6M)
Income Tax Expense96K(1.7M)(10.3M)842K622K653.1K

Porch Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(57K)200.3M117.3M(96.2M)68.6M38.4M
Net Borrowings31.1M(15.5M)366.6M28.5M32.8M31.1M
Depreciation7.4M6.6M18.2M30.0M24.4M16.9M
Capital Expenditures4.6M2.9M4.7M10.5M10.1M6.1M
Net Income(103.3M)(51.6M)(109.1M)(156.6M)(133.9M)(140.6M)
End Period Cash Flow7.2M207.5M324.8M228.6M297.2M196.6M
Change To Netincome53.4M15.2M59.9M91.5M105.3M110.5M

Porch Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Porch's current stock value. Our valuation model uses many indicators to compare Porch value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Porch competition to find correlations between indicators driving Porch's intrinsic value. More Info.
Porch Group is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . As of now, Porch's Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Porch's earnings, one of the primary drivers of an investment's value.

Porch Group Systematic Risk

Porch's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Porch volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Porch Group correlated with the market. If Beta is less than 0 Porch generally moves in the opposite direction as compared to the market. If Porch Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Porch Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Porch is generally in the same direction as the market. If Beta > 1 Porch moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Porch Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Porch's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Porch growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.16

As of now, Porch's Price Earnings To Growth Ratio is increasing as compared to previous years.

Porch November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Porch help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Porch Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Porch Group based on widely used predictive technical indicators. In general, we focus on analyzing Porch Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Porch's daily price indicators and compare them against related drivers.

Complementary Tools for Porch Stock analysis

When running Porch's price analysis, check to measure Porch's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Porch is operating at the current time. Most of Porch's value examination focuses on studying past and present price action to predict the probability of Porch's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Porch's price. Additionally, you may evaluate how the addition of Porch to your portfolios can decrease your overall portfolio volatility.
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