Vikram Atal - PRA Independent Director

PRAA Stock  USD 21.72  0.84  4.02%   

Director

Mr. Vikram A. Atal is Independent Director of PRA Group, Inc since 2015.
Age 68
Tenure 9 years
Address 120 Corporate Boulevard, Norfolk, VA, United States, 23502
Phone888 772 7326
Webhttps://www.pragroup.com
Atal has served as President of Atal Advisers, LLC since February 2013, when he formed the business and strategy consulting firm. Prior to forming Atal Advisers, Mr. Atal served in executive roles with increasing responsibility with Citigroup, Inc. for 27 years, including as Executive Vice President for Citigroup’s global consumer bank from 2008 to 2013, where he had responsibility for shaping Citi as an informationcentric enterprise, leveraging analytics and data to drive growth, and overseeing loss mitigation efforts against Citi’s highrisk consumer portfolio through the financial crisis; Chairman and CEO for Citi Cards’ branded and retail partner cards franchise in North America; leadership of partnership programs for Citi Cards, serving as CFO of Citi’s U.S. cards franchise and overseeing SEC, regulatory and business financial reporting for Citicorp. In October 2017, Mr. Atal became a member of the board of directors of Goldman Sachs Bank USA.

Vikram Atal Latest Insider Activity

Tracking and analyzing the buying and selling activities of Vikram Atal against PRA stock is an integral part of due diligence when investing in PRA. Vikram Atal insider activity provides valuable insight into whether PRA is net buyers or sellers over its current business cycle. Note, PRA insiders must abide by specific rules, including filing SEC forms every time they buy or sell PRA'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

PRA Management Efficiency

The company has return on total asset (ROA) of 0.0393 % which means that it generated a profit of $0.0393 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0485 %, meaning that it created $0.0485 on every $100 dollars invested by stockholders. PRA's management efficiency ratios could be used to measure how well PRA manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.02. In addition to that, Return On Capital Employed is expected to decline to 0.02. At present, PRA's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 3.9 B, whereas Non Current Assets Total are forecasted to decline to about 412.6 M.
PRA Group currently holds 3.08 B in liabilities with Debt to Equity (D/E) ratio of 2.05, implying the company greatly relies on financing operations through barrowing. PRA Group has a current ratio of 5.53, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about PRA's use of debt, we should always consider it together with its cash and equity.

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PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas, Australia, and Europe. PRA Group, Inc. was incorporated in 1996 and is headquartered in Norfolk, Virginia. Pra operates under Credit Services classification in the United States and is traded on NASDAQ Exchange. It employs 3361 people. PRA Group (PRAA) is traded on NASDAQ Exchange in USA. It is located in 120 Corporate Boulevard, Norfolk, VA, United States, 23502 and employs 3,109 people. PRA is listed under Consumer Finance category by Fama And French industry classification.

Management Performance

PRA Group Leadership Team

Elected by the shareholders, the PRA's board of directors comprises two types of representatives: PRA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PRA. The board's role is to monitor PRA's management team and ensure that shareholders' interests are well served. PRA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PRA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Laura White, Chief Compliance Officer
Steven Roberts, Executive Vice President Europe and Corporate Development
Steven Fredrickson, Co-Founder, Chairman and CEO
Jan Husby, Global Officer
Chris Burroughs, Chief Officer
Rakesh Sehgal, Executive CFO
LaTisha Tarrant, General VP
Martin Sjlund, President Europe
Vikram Atal, Independent Director
Elizabeth Kersey, Senior Policy
Owen James, Executive Officer
Steven Macke, Global Officer
Christopher Graves, Executive VP of Core Acquisitions
Neal Petrovich, Senior Finance
Kevin Stevenson, Co-Founder and President Interim Chief Financial and Admin. Officer, Treasurer and Director
Lauren Partin, Senior Relations
Keith Warren, Chief Officer
Peter Graham, CFO, Executive Vice President
Christopher Lagow, Senior Vice President General Counsel, Secretary

PRA Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PRA a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether PRA Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PRA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pra Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pra Group Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PRA Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
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Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PRA. If investors know PRA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PRA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Earnings Share
1.1
Revenue Per Share
26.515
Quarterly Revenue Growth
0.301
Return On Assets
0.0393
The market value of PRA Group is measured differently than its book value, which is the value of PRA that is recorded on the company's balance sheet. Investors also form their own opinion of PRA's value that differs from its market value or its book value, called intrinsic value, which is PRA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PRA's market value can be influenced by many factors that don't directly affect PRA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PRA's value and its price as these two are different measures arrived at by different means. Investors typically determine if PRA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PRA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.