Priority Technology Holdings Stock Today

PRTH Stock  USD 8.56  0.42  4.68%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 47

 
High
 
Low
About Average
Priority Technology is trading at 8.56 as of the 21st of November 2024. This is a 4.68 percent decrease since the beginning of the trading day. The stock's open price was 8.98. Priority Technology has 47 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Equity ratings for Priority Technology Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of May 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
6th of December 2016
Category
Technology
Classification
Financials
Priority Technology Holdings, Inc. operates as a payment technology company in the United States. Priority Technology Holdings, Inc. was founded in 2005 and is headquartered in Alpharetta, Georgia. Priority Techno operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. The company has 77.17 M outstanding shares of which 110.8 K shares are at this time shorted by private and institutional investors with about 2.49 trading days to cover. More on Priority Technology Holdings

Moving against Priority Stock

  0.74VHAI VHAIPairCorr
  0.71MQ MarqetaPairCorr
  0.51VRAR Glimpse GroupPairCorr

Priority Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President ChairmanThomas Priore
Business ConcentrationTransaction & Payment Processing Services, Software - Infrastructure, Financials, NASDAQ Composite, Financials, Financial Services, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.440.4678
Notably Down
Slightly volatile
Gross Profit Margin0.240.3643
Way Down
Slightly volatile
Total Current Liabilities894.7 M852.1 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total421.1 M650.7 M
Way Down
Slightly volatile
Total Assets1.7 B1.6 B
Sufficiently Up
Slightly volatile
Total Current Assets925.4 M881.3 M
Sufficiently Up
Slightly volatile
Debt Levels
Priority Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Priority Technology's financial leverage. It provides some insight into what part of Priority Technology's total assets is financed by creditors.
Liquidity
Priority Technology Holdings currently holds 638.68 M in liabilities with Debt to Equity (D/E) ratio of 4.35, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Priority Technology has a current ratio of 1.02, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Priority Technology's use of debt, we should always consider it together with its cash and equity.

Change In Cash

247.39 Million
Priority Technology Holdings (PRTH) is traded on NASDAQ Exchange in USA. It is located in 2001 Westside Parkway, Alpharetta, GA, United States, 30004 and employs 974 people. Priority Technology is listed under Transaction & Payment Processing Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 660.54 M. Priority Technology conducts business under Financial Services sector and is part of Financials industry. The entity has 77.17 M outstanding shares of which 110.8 K shares are at this time shorted by private and institutional investors with about 2.49 trading days to cover. Priority Technology Holdings currently holds about 22.16 M in cash with 81.26 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29.
Check Priority Technology Probability Of Bankruptcy
Ownership Allocation
Priority Technology owns a total of 77.17 Million outstanding shares. Priority Technology holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 75.5 pct. of Priority Technology outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Priority Ownership Details

Priority Stock Institutional Holders

InstituionRecorded OnShares
Charles Schwab Investment Management Inc2024-09-30
56.6 K
Cetera Investment Advisers2024-06-30
50.3 K
Renaissance Technologies Corp2024-09-30
47.9 K
Bank Of New York Mellon Corp2024-06-30
43.5 K
Amvescap Plc.2024-06-30
41.8 K
Panagora Asset Management Inc2024-09-30
39.1 K
Bailard Inc2024-09-30
37.5 K
Kovack Advisors Inc2024-09-30
28.7 K
Nuveen Asset Management, Llc2024-06-30
25.2 K
Stone Point Capital Llc2024-09-30
5.2 M
Vanguard Group Inc2024-09-30
926.4 K
View Priority Technology Diagnostics

Priority Technology Historical Income Statement

As of now, Priority Technology's Non Operating Income Net Other is increasing as compared to previous years. The Priority Technology's current Interest Income is estimated to increase to about 48.4 M, while Interest Expense is projected to decrease to under 38.2 M. View More Fundamentals

Priority Stock Against Markets

Priority Technology Corporate Management

Bradley MillerChief CounselProfile
Rajiv KumarSenior OfficerProfile
La HaganAssistant ResourcesProfile
David FaupelChief OfficerProfile
Yi SunChief OfficerProfile
Mayrov EaganSenior ResourcesProfile
When determining whether Priority Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Priority Technology'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 Priority Technology Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Priority Technology Holdings Stock:
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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.
Please note, there is a significant difference between Priority Technology's value and its price as these two are different measures arrived at by different 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.