Andrew Beck - Porch Head SaaS

PRCH Stock  USD 3.59  0.14  4.06%   

Insider

Andrew Beck is Head SaaS of Porch Group
Address 411 1st Avenue S., Seattle, WA, United States, 98104
Phone855 767 2400
Webhttps://porchgroup.com

Porch Management Efficiency

The company has return on total asset (ROA) of (0.0573) % which means that it has lost $0.0573 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (153.11) %, meaning that it created substantial loss on money invested by shareholders. Porch's management efficiency ratios could be used to measure how well Porch manages its routine affairs as well as how well it operates its assets and liabilities. The Porch's current Return On Equity is estimated to increase to 3.94, while Return On Tangible Assets are projected to decrease to (0.23). As of now, Porch's Debt To Assets are decreasing as compared to previous years. The Porch's current Asset Turnover is estimated to increase to 0.69, while Net Tangible Assets are forecasted to increase to (233.9 M).
Porch Group currently holds 435.74 M in liabilities with Debt to Equity (D/E) ratio of 2.11, implying the company greatly relies on financing operations through barrowing. Porch Group has a current ratio of 1.3, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Porch's use of debt, we should always consider it together with its cash and equity.

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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. Porch Group (PRCH) is traded on NASDAQ Exchange in USA. It is located in 411 1st Avenue S., Seattle, WA, United States, 98104 and employs 864 people. Porch is listed under Application Software category by Fama And French industry classification.

Management Performance

Porch Group Leadership Team

Elected by the shareholders, the Porch's board of directors comprises two types of representatives: Porch inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Porch. The board's role is to monitor Porch's management team and ensure that shareholders' interests are well served. Porch'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, Porch's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ronnie Castro, CoFounder Operations
Shawn CPA, Chief Officer
Lois Perkins, Head Relations
Adam Kornick, President Division
Shawn Tabak, Chief Officer
Matthew Cullen, General Secretary
Matthew Neagle, Chief Officer
Matthew Ehrlichman, Chairman Founder
Emily Lear, Head Mang
Janet Zimmermann, Vice People
Andrew Beck, Head SaaS
Nicole Pelley, Senior Technology
Nick Graham, Senior Division

Porch 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 Porch 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.

Currently Active Assets on Macroaxis

When determining whether Porch Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Porch'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 Porch Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Porch Group Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Porch 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 main economic indicators.
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Is Application Software 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 Porch. If investors know Porch 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 Porch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.66)
Revenue Per Share
4.589
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.06)
Return On Equity
(153.11)
The market value of Porch Group is measured differently than its book value, which is the value of Porch that is recorded on the company's balance sheet. Investors also form their own opinion of Porch's value that differs from its market value or its book value, called intrinsic value, which is Porch'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 Porch's market value can be influenced by many factors that don't directly affect Porch'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 Porch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Porch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Porch'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.