Analysts Set Expectations for Propel's Q2 Earnings (TSE:PRL)

Propel Holdings Inc. (TSE:PRL - Free Report) - Investment analysts at Ventum Cap Mkts dropped their Q2 2025 earnings per share (EPS) estimates for shares of Propel in a report issued on Friday, July 11th. Ventum Cap Mkts analyst R. Goff now expects that the company will earn $0.62 per share for the quarter, down from their previous forecast of $0.70. The consensus estimate for Propel's current full-year earnings is $5.39 per share. Ventum Cap Mkts also issued estimates for Propel's FY2025 earnings at $3.01 EPS.

Other equities analysts have also issued research reports about the company. Cormark raised Propel to a "moderate buy" rating in a research note on Thursday. Scotiabank lowered their price objective on Propel from C$44.00 to C$38.00 and set an "outperform" rating on the stock in a research note on Thursday, April 24th. Three equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, Propel presently has an average rating of "Strong Buy" and an average price target of $41.25.

Propel Price Performance

TSE:PRL opened at $36.29 on Monday. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 22.45 and a beta of 1.75. The business has a fifty day moving average price of $34.30 and a 200-day moving average price of $31.68. Propel has a one year low of $20.99 and a one year high of $43.36.

Insiders Place Their Bets

In related news, Director Clive Kinross sold 5,000 shares of the stock in a transaction on Thursday, June 26th. The shares were sold at an average price of $37.69, for a total value of $188,470.00. Also, Senior Officer Noah Buchman sold 26,871 shares of the firm's stock in a transaction on Monday, June 30th. The stock was sold at an average price of $37.34, for a total transaction of $1,003,424.94. In the last three months, insiders sold 115,493 shares of company stock worth $4,085,590. 33.31% of the stock is currently owned by insiders.

Propel Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, June 4th were issued a $0.18 dividend. The ex-dividend date was Thursday, May 15th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.98%. Propel's payout ratio is 34.64%.

Propel Company Profile

Propel Holdings Inc is a financial technology company committed to credit inclusion and helping underserved consumers by providing fair, fast, and transparent access to credit. It operates through its two brands: MoneyKey and CreditFresh. The company, through its MoneyKey brand, is a state-licensed direct lender and offers either Installment Loans or Lines of Credit to new customers in several US states.

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