Is Priority Technology Stock a Good Investment?
Priority Technology Investment Advice | PRTH |
- Examine Priority Technology's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Priority Technology's leadership team and their track record. Good management can help Priority Technology navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Transaction & Payment Processing Services space and any emerging trends that could impact Priority Technology's business and its evolving consumer preferences.
- Compare Priority Technology's performance and market position to its competitors. Analyze how Priority Technology is positioned in terms of product offerings, innovation, and market share.
- Check if Priority Technology pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Priority Technology's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Priority Technology Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Priority Technology Holdings is a good investment.
Sell | Buy |
Hold
Market Performance | Good | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Priority Technology Stock
Researching Priority Technology's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 76.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.42. Priority Technology had not issued any dividends in recent years.
To determine if Priority Technology is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Priority Technology's research are outlined below:
| Priority Technology is way too risky over 90 days horizon | |
| Priority Technology appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 755.61 M. Net Loss for the year was (1.31 M) with profit before overhead, payroll, taxes, and interest of 155.02 M. | |
| About 76.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from investing.com: Earnings call Priority Technology sees robust growth in Q3 2024 |
Priority Technology uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Priority Technology Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Priority Technology's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 28th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Priority Technology's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Priority Technology's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-09 | 2024-03-31 | -0.09 | -0.1 | -0.01 | 11 | ||
2021-08-09 | 2021-06-30 | -0.01 | -0.02 | -0.01 | 100 | ||
2024-03-12 | 2023-12-31 | -0.1 | -0.12 | -0.02 | 20 | ||
2023-11-09 | 2023-09-30 | -0.14 | -0.16 | -0.02 | 14 | ||
2023-08-10 | 2023-06-30 | -0.12 | -0.16 | -0.04 | 33 | ||
2019-11-13 | 2019-09-30 | -0.12 | -0.08 | 0.04 | 33 | ||
2019-05-13 | 2019-03-31 | -0.06 | -0.1 | -0.04 | 66 | ||
2024-11-07 | 2024-09-30 | 0.01 | 0.07 | 0.06 | 600 |
Know Priority Technology's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Priority Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Priority Technology Holdings backward and forwards among themselves. Priority Technology's institutional investor refers to the entity that pools money to purchase Priority Technology's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Charles Schwab Investment Management Inc | 2024-09-30 | 56.6 K | Cetera Investment Advisers | 2024-06-30 | 50.3 K | Renaissance Technologies Corp | 2024-09-30 | 47.9 K | Bank Of New York Mellon Corp | 2024-06-30 | 43.5 K | Amvescap Plc. | 2024-06-30 | 41.8 K | Panagora Asset Management Inc | 2024-09-30 | 39.1 K | Bailard Inc | 2024-09-30 | 37.5 K | Kovack Advisors Inc | 2024-09-30 | 28.7 K | Nuveen Asset Management, Llc | 2024-06-30 | 25.2 K | Stone Point Capital Llc | 2024-09-30 | 5.2 M | Vanguard Group Inc | 2024-09-30 | 926.4 K |
Priority Technology's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 660.54 M.Market Cap |
|
Priority Technology's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.11 | 0.11 | |
| Return On Equity | (0.01) | (0.01) |
Determining Priority Technology's profitability involves analyzing its financial statements and using various financial metrics to determine if Priority Technology is a good buy. For example, gross profit margin measures Priority Technology's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Priority Technology's profitability and make more informed investment decisions.
Evaluate Priority Technology's management efficiency
Priority Technology has return on total asset (ROA) of 0.0474 % which means that it generated a profit of $0.0474 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.5639 %, meaning that it created $0.5639 on every $100 dollars invested by stockholders. Priority Technology's management efficiency ratios could be used to measure how well Priority Technology manages its routine affairs as well as how well it operates its assets and liabilities. The Priority Technology's current Return On Capital Employed is estimated to increase to 0.11, while Return On Tangible Assets are forecasted to increase to (0). As of now, Priority Technology's Other Assets are increasing as compared to previous years. The Priority Technology's current Other Current Assets is estimated to increase to about 820.8 M, while Non Current Assets Total are projected to decrease to under 412.5 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.44 | 1.51 | |
| Tangible Book Value Per Share | (6.85) | (7.20) | |
| Enterprise Value Over EBITDA | 5.85 | 6.15 | |
| Price Book Value Ratio | 2.51 | 2.39 | |
| Enterprise Value Multiple | 5.85 | 6.15 | |
| Price Fair Value | 2.51 | 2.39 | |
| Enterprise Value | 244.2 M | 134.7 M |
Understanding the operational decisions made by Priority Technology management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 1.008 |
Basic technical analysis of Priority Stock
As of the 21st of November, Priority Technology holds the Risk Adjusted Performance of 0.1559, semi deviation of 3.22, and Coefficient Of Variation of 511.12. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Priority Technology, as well as the relationship between them.Priority Technology's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Priority Technology insiders, such as employees or executives, is commonly permitted as long as it does not rely on Priority Technology's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Priority Technology insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Priority Technology's Outstanding Corporate Bonds
Priority Technology issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Priority Technology uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Priority bonds can be classified according to their maturity, which is the date when Priority Technology Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| PROCTER GAMBLE 645 Corp BondUS742718BH18 | View | |
| US742718AV11 Corp BondUS742718AV11 | View | |
| PROCTER GAMBLE 55 Corp BondUS742718CB39 | View | |
| PROCTER GAMBLE 555 Corp BondUS742718DF34 | View | |
| PROCTER GAMBLE 58 Corp BondUS742718DB20 | View |
Understand Priority Technology's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Priority Technology's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1559 | |||
| Market Risk Adjusted Performance | 0.3018 | |||
| Mean Deviation | 3.96 | |||
| Semi Deviation | 3.22 | |||
| Downside Deviation | 3.64 | |||
| Coefficient Of Variation | 511.12 | |||
| Standard Deviation | 5.16 | |||
| Variance | 26.62 | |||
| Information Ratio | 0.1772 | |||
| Jensen Alpha | 0.7069 | |||
| Total Risk Alpha | 0.4145 | |||
| Sortino Ratio | 0.2511 | |||
| Treynor Ratio | 0.2918 | |||
| Maximum Drawdown | 20.74 | |||
| Value At Risk | (5.60) | |||
| Potential Upside | 11.49 | |||
| Downside Variance | 13.26 | |||
| Semi Variance | 10.39 | |||
| Expected Short fall | (4.88) | |||
| Skewness | 1.02 | |||
| Kurtosis | 1.48 |
| Risk Adjusted Performance | 0.1559 | |||
| Market Risk Adjusted Performance | 0.3018 | |||
| Mean Deviation | 3.96 | |||
| Semi Deviation | 3.22 | |||
| Downside Deviation | 3.64 | |||
| Coefficient Of Variation | 511.12 | |||
| Standard Deviation | 5.16 | |||
| Variance | 26.62 | |||
| Information Ratio | 0.1772 | |||
| Jensen Alpha | 0.7069 | |||
| Total Risk Alpha | 0.4145 | |||
| Sortino Ratio | 0.2511 | |||
| Treynor Ratio | 0.2918 | |||
| Maximum Drawdown | 20.74 | |||
| Value At Risk | (5.60) | |||
| Potential Upside | 11.49 | |||
| Downside Variance | 13.26 | |||
| Semi Variance | 10.39 | |||
| Expected Short fall | (4.88) | |||
| Skewness | 1.02 | |||
| Kurtosis | 1.48 |
Consider Priority Technology's intraday indicators
Priority Technology intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Priority Technology stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Priority Technology Corporate Filings
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 5th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 13th of September 2024 Other Reports | ViewVerify | |
F3 | 21st of June 2024 An amendment to the original Schedule 13D filing | ViewVerify |
Priority Stock media impact
Far too much social signal, news, headlines, and media speculation about Priority Technology that are available to investors today. That information is available publicly through Priority media outlets and privately through word of mouth or via Priority internal channels. However, regardless of the origin, that massive amount of Priority data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Priority Technology news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Priority Technology relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Priority Technology's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Priority Technology alpha.
Priority Technology Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Priority Technology can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Priority Technology Corporate Management
| Bradley Miller | Chief Counsel | Profile | |
| Rajiv Kumar | Senior Officer | Profile | |
| La Hagan | Assistant Resources | Profile | |
| David Faupel | Chief Officer | Profile | |
| Yi Sun | Chief Officer | Profile | |
| Mayrov Eagan | Senior Resources | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Priority Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Transaction & Payment Processing 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 Priority Technology. If investors know Priority 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 Priority Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.42) | Revenue Per Share 10.913 | Quarterly Revenue Growth 0.201 | Return On Assets 0.0474 | Return On Equity 0.5639 |
The market value of Priority Technology is measured differently than its book value, which is the value of Priority that is recorded on the company's balance sheet. Investors also form their own opinion of Priority Technology's value that differs from its market value or its book value, called intrinsic value, which is Priority Technology'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 Priority Technology's market value can be influenced by many factors that don't directly affect Priority Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Priority Technology's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Priority Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Priority Technology'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.