Privia Health Group Stock Beta
| PRVA Stock | USD 22.45 0.89 4.13% |
Privia Health Group fundamentals help investors to digest information that contributes to Privia Health's financial success or failures. It also enables traders to predict the movement of Privia Stock. The fundamental analysis module provides a way to measure Privia Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Privia Health stock.
Privia | Beta |
Privia Health Group Company Beta Analysis
Privia Health's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Privia Health Beta | 0.76 |
Most of Privia Health's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Privia Health Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Privia Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Privia Health is extremely important. It helps to project a fair market value of Privia Stock properly, considering its historical fundamentals such as Beta. Since Privia Health's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Privia Health's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Privia Health's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Privia Health Group has a Beta of 0.761. This is 11.51% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.
Privia Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Privia Health's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Privia Health could also be used in its relative valuation, which is a method of valuing Privia Health by comparing valuation metrics of similar companies.Privia Health is currently under evaluation in beta category among its peers.
Privia Health ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Privia Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Privia Health's managers, analysts, and investors.Environmental | Governance | Social |
Privia Health Institutional Holders
Institutional Holdings refers to the ownership stake in Privia Health that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Privia Health's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Privia Health's value.| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.6 M | Franklin Resources Inc | 2024-09-30 | 1.3 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.3 M | Norges Bank | 2024-06-30 | 1.3 M | Northern Trust Corp | 2024-09-30 | 1.2 M | Millennium Management Llc | 2024-06-30 | 1.1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.1 M | Bellevue Group Ag | 2024-09-30 | 1.1 M | Loomis, Sayles & Company Lp | 2024-06-30 | 916.8 K | Fmr Inc | 2024-09-30 | 18.2 M | Blackrock Inc | 2024-06-30 | 17.3 M |
As returns on the market increase, Privia Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Privia Health is expected to be smaller as well.
Privia Fundamentals
| Return On Equity | 0.0223 | ||||
| Return On Asset | 0.0077 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 2.17 B | ||||
| Shares Outstanding | 120 M | ||||
| Shares Owned By Insiders | 10.49 % | ||||
| Shares Owned By Institutions | 89.51 % | ||||
| Number Of Shares Shorted | 5.62 M | ||||
| Price To Book | 4.21 X | ||||
| Price To Sales | 1.51 X | ||||
| Revenue | 1.66 B | ||||
| Gross Profit | 134.78 M | ||||
| EBITDA | 27.18 M | ||||
| Net Income | 23.08 M | ||||
| Cash And Equivalents | 316.9 M | ||||
| Cash Per Share | 2.77 X | ||||
| Total Debt | 8.29 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 1.90 X | ||||
| Book Value Per Share | 5.13 X | ||||
| Cash Flow From Operations | 80.78 M | ||||
| Short Ratio | 8.39 X | ||||
| Earnings Per Share | 0.11 X | ||||
| Price To Earnings To Growth | 3.93 X | ||||
| Target Price | 26.15 | ||||
| Number Of Employees | 1.1 K | ||||
| Beta | 0.76 | ||||
| Market Capitalization | 2.59 B | ||||
| Total Asset | 999.9 M | ||||
| Retained Earnings | (193.61 M) | ||||
| Working Capital | 313.85 M | ||||
| Net Asset | 999.9 M |
About Privia Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Privia Health Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Privia Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Privia Health Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Privia Health Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Privia Health'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 Privia Health Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Privia Health Group Stock:Check out Privia Health Piotroski F Score and Privia Health Altman Z Score analysis. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Health Care Providers & Services 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 Privia Health. If investors know Privia 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 Privia Health 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 (0.38) | Earnings Share 0.11 | Revenue Per Share 14.435 | Quarterly Revenue Growth 0.049 | Return On Assets 0.0077 |
The market value of Privia Health Group is measured differently than its book value, which is the value of Privia that is recorded on the company's balance sheet. Investors also form their own opinion of Privia Health's value that differs from its market value or its book value, called intrinsic value, which is Privia Health'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 Privia Health's market value can be influenced by many factors that don't directly affect Privia Health'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 Privia Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Privia Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Privia Health'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.