NASDAQ:PRTH

Priority Technology (PRTH) Stock Forecast, Price & News

$3.70

+0.08 (+2.21%)

(As of 05:11 PM ET)

Compare

Today's Range: $3.56
▼
$3.95
50-Day Range: $3.01
▼
$4.30
52-Week Range: $2.99
▼
$6.16

Volume: 41,760 shs
Average Volume: 24,762 shs
Market Capitalization: $283.05 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $13.00

Priority Technology MarketRank™ Forecast

Analyst Rating: N/A
0.00 Rating Score
Upside/Downside: 251.4% Upside
$13.00 Price Target
Short Interest: Healthy
1.31% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.77
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: Selling Shares
$8,980 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.51 out of 5 stars

Business Services Sector

299th out of 339 stocks

Business Services, Not Elsewhere Classified Industry

83rd out of 91 stocks

2.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $13.00, Priority Technology has a forecasted upside of 251.4% from its current price of $3.70.
Amount of Analyst Coverage
Priority Technology has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.31% of the float of Priority Technology has been sold short.
Short Interest Ratio / Days to Cover
Priority Technology has a short interest ratio ("days to cover") of 7.3.
Change versus previous month
Short interest in Priority Technology has recently decreased by 2.52%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Priority Technology does not currently pay a dividend.
Dividend Growth
Priority Technology does not have a long track record of dividend growth.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Priority Technology has received a 23.78% net impact score from Upright. Priority Technology seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Payment platforms", "Property management software", and "E-invoicing software for healthcare industry" products. See details.
Environmental Sustainability
The Environmental Impact score for Priority Technology is -0.77.

0.7

News and Social Media Coverage

News Sentiment
Priority Technology has a news sentiment score of -0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Priority Technology this week, compared to 1 article on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Priority Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,980.00 in company stock.
Percentage Held by Insiders
77.40% of the stock of Priority Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 11.89% of the stock of Priority Technology is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Priority Technology is -6.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Priority Technology is -6.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Priority Technology (NASDAQ:PRTH) Stock

Priority Technology Holdings, Inc. engages in the provision of merchant acquiring and commercial payments solutions with a platform of micro services that activate and monetize vertically specialized merchant networks. It offers unique product capabilities to businesses, enterprises and distribution partners such as retail independent sales organizations, financial institutions, wholesale ISOs, and independent software vendors in the United States. The company operates through the following segments: SMB Payments, B2B Payments, and Enterprise Payments. The SMB Payments segment focuses on card, electronic and digital-based payments at the point of sale by providing a suite of services including authorization, settlement and funding, customer support and help-desk functions, chargeback resolution, payment security, consolidated billing and statements, and online reporting. The B2B Payments segment deals with accounts payable and other commercial payments functions with the company's payment services that utilize physical and virtual payment cards as well as ACH transactions. The Enterprise Payments segment includes payment-adjacent technologies to facilitate the acceptance of Electro

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PRTH Stock News Headlines

May 25, 2023 | americanbankingnews.com

Analyzing Priority Technology (NASDAQ:PRTH) and The9 (NASDAQ:NCTY)

May 25, 2023 | americanbankingnews.com

Analyzing Priority Technology (NASDAQ:PRTH) & NextMart (OTCMKTS:NXMR)

June 2, 2023 | Edge On The Street (Ad)

The Real Problem With "Made in America" Lithium

Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.

May 24, 2023 | finance.yahoo.com

Priority Technology Holdings, Inc. Has Entered Into Stalking Horse Agreement with Plastiq, Inc.

May 22, 2023 | finance.yahoo.com

Priority Technology Holdings, Inc. to Participate in the 51st Annual JP Morgan TMC Conference on May 24, 2023

May 18, 2023 | finance.yahoo.com

This Priority Technology Holdings Insider Increased Their Holding By 29% Last Year

May 18, 2023 | finance.yahoo.com

This Priority Technology Holdings Insider Increased Their Holding By 29% Last Year \

May 16, 2023 | msn.com

Australia news live: Chalmers wants energy transition to be his legacy as treasurer; Melbourne department store worker stabbed

June 2, 2023 | Edge On The Street (Ad)

The Real Problem With "Made in America" Lithium

Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.

May 12, 2023 | finance.yahoo.com

Q1 2023 Priority Technology Holdings Inc Earnings Call

May 11, 2023 | finance.yahoo.com

Priority Technology Holdings, Inc. Announces First Quarter 2023 Financial Results

May 10, 2023 | forbes.com

Why Career Mobility Should Be The No. 1 Priority For CHROs

May 8, 2023 | omaha.com

Congress eyes new rules for tech: What's under consideration

May 3, 2023 | finance.yahoo.com

Priority Technology Holdings, Inc. Announces First Quarter 2023 Financial Results Release Date and Conference Call Information

May 1, 2023 | dailymail.co.uk

Perth

April 30, 2023 | americanbankingnews.com

Priority Technology (NASDAQ:PRTH) Shares Down 5.3%

April 24, 2023 | barrons.com

Priority Will Debut MX(TM) POS, a New POS for Businesses at Transact 2023

April 24, 2023 | finance.yahoo.com

Priority Will Debut MX™ POS, a New POS for Businesses at Transact 2023

April 21, 2023 | proactiveinvestors.com.au

Lanthanein Resources identifies new ironstone trends at Lyons, prepares for drilling

April 17, 2023 | finance.yahoo.com

Priority Technology Holdings, Inc. (NASDAQ:PRTH) Might Not Be As Mispriced As It Looks

April 14, 2023 | seekingalpha.com

PRTH Priority Technology Holdings, Inc.

April 7, 2023 | cnbc.com

Southwest Priority Credit Card review: Earn 50,000 bonus points with this premium card

March 23, 2023 | morningstar.com

North American Morning Briefing: Traders Reassess -2-

March 23, 2023 | washingtonpost.com

Priority Technology: Q4 Earnings Snapshot

March 23, 2023 | finance.yahoo.com

Priority Technology Holdings, Inc. Announces Fourth Quarter 2022 and Full Year Financial Results

March 23, 2023 | msn.com

Preview: Priority Tech Holdings's Earnings

March 21, 2023 | americanbankingnews.com

Priority Technology (PRTH) Set to Announce Earnings on Thursday

See More Headlines

PRTH Price History

30 days | 90 days | 365 days | Advanced Chart

PRTH Company Calendar

Last Earnings: 3/23/2023
Today: 6/02/2023
Next Earnings (Estimated): 8/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:PRTH
CUSIP: N/A
CIK: 1653558
Web: www.prth.com
Phone: (404) 952-2107
Fax: N/A
Employees: 783
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $13.00
High Stock Price Forecast: $13.00
Low Stock Price Forecast: $13.00
Forecasted Upside/Downside: +259.1%
Consensus Rating: N/A
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.54)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-2,150,000.00
Net Margins: -0.33%
Pretax Margin: 0.46%
Return on Equity: -9.38%
Return on Assets: -0.17%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.01
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $663.64 million
Price / Sales: 0.42
Cash Flow: $0.96 per share
Price / Cash Flow: 3.78
Book Value: ($1.49) per share
Price / Book: -2.43

Miscellaneous

Outstanding Shares: 76,500,000
Free Float: 17,288,000
Market Cap: $276.93 million
Optionable: Not Optionable
Beta: 1.01

Key Executives

Thomas C. Priore
Chairman, President & Chief Executive Officer

Ranjana Ram
Chief Operating Officer

Tim O'Leary
Chief Financial Officer

Carlos Navarro
Chief Revenue Officer & Executive Vice President

Rajiv Kumar
Chief Accounting Officer & Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PRTH Stock - Frequently Asked Questions

What is Priority Technology's stock price forecast for 2023?: 0 brokers have issued 12-month target prices for Priority Technology's stock. Their PRTH share price forecasts range from $13.00 to $13.00. On average, they predict the company's stock price to reach $13.00 in the next year. This suggests a possible upside of 259.1% from the stock's current price.
View analysts price targets for PRTH or view top-rated stocks among Wall Street analysts.
How have PRTH shares performed in 2023?: Priority Technology's stock was trading at $5.26 at the beginning of 2023. Since then, PRTH shares have decreased by 31.2% and is now trading at $3.62.
View the best growth stocks for 2023 here.
When is Priority Technology's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our PRTH earnings forecast.
How were Priority Technology's earnings last quarter?: Priority Technology Holdings, Inc. (NASDAQ:PRTH) issued its quarterly earnings results on Thursday, March, 23rd. The company reported ($0.15) earnings per share for the quarter. The firm earned $177.56 million during the quarter. Priority Technology had a negative net margin of 0.33% and a negative trailing twelve-month return on equity of 9.38%.
What guidance has Priority Technology issued on next quarter's earnings?: Priority Technology issued an update on its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $740.00 million-$755.00 million, compared to the consensus revenue estimate of $745.94 million.
What other stocks do shareholders of Priority Technology own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Priority Technology investors own include Cidara Therapeutics (CDTX), Chimerix (CMRX), Ampio Pharmaceuticals (AMPE), Aptinyx (APTX), Accuray (ARAY), Axcella Health (AXLA), ChromaDex (CDXC), Cerecor (CERC) and Checkpoint Therapeutics (CKPT).

What is Priority Technology's stock symbol?: Priority Technology trades on the NASDAQ under the ticker symbol "PRTH."
Who are Priority Technology's major shareholders?: Priority Technology's stock is owned by many different institutional and retail investors. Top institutional shareholders include TimesSquare Capital Management LLC (1.50%), BlackRock Inc. (0.91%), Geode Capital Management LLC (0.43%), Barclays PLC (0.18%), First Republic Investment Management Inc. (0.02%) and PFG Investments LLC (0.02%). Insiders that own company stock include David Faupel, Lora D Blum, Michael Passilla, Sean Kiewiet, Stephen W Hipp and Thomas Charles Priore.
View institutional ownership trends.
How do I buy shares of Priority Technology?: Shares of PRTH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Priority Technology's stock price today?: One share of PRTH stock can currently be purchased for approximately $3.62.
How much money does Priority Technology make?: Priority Technology (NASDAQ:PRTH) has a market capitalization of $276.93 million and generates $663.64 million in revenue each year. The company earns $-2,150,000.00 in net income (profit) each year or ($0.54) on an earnings per share basis.
How many employees does Priority Technology have?: The company employs 783 workers across the globe.
How can I contact Priority Technology?: Priority Technology's mailing address is 2001 WESTSIDE PARKWAY SUITE 155, ALPHARETTA GA, 30004. The official website for the company is www.prth.com. The company can be reached via phone at (404) 952-2107 or via email at ir@prth.com.

This page (NASDAQ:PRTH) was last updated on 6/2/2023 by MarketBeat.com Staff

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