
PRA Group (PRAA) Stock Forecast & Price Target
PRA Group (PRAA) Analyst Ratings
Bulls say
PRA Group Inc. has reported impressive financial metrics that underline a positive outlook, marked by a 27% year-over-year increase in legal cash collections, totaling $125 million in the third quarter. Portfolio income reached $259 million, reflecting a consistent 20% growth both from the previous quarter and year-over-year, indicating robust operational performance. Additionally, overall cash collections of $542 million for the quarter, up 14% year over year and exceeding projections, alongside total revenue of $311 million, illustrate the company's effective strategies and operational improvements driving solid financial results.
Bears say
PRA Group experienced a significant earnings shortfall in the first quarter, reporting earnings of $0.09 per share compared to a consensus estimate of $0.54, primarily driven by a 4% decline in collections. The company also adjusted its full-year guidance for Return on Average Tangible Equity down to below 12%, prompted by the first-quarter miss and caution regarding post-tariff impacts. Additionally, the lower-than-expected portfolio yield of 23.3% and a revenue decline to $270 million, versus the anticipated $296 million, underscore the challenges faced in maintaining top-line growth amidst decreased expected recoveries.
This aggregate rating is based on analysts' research of PRA Group and is not a guaranteed prediction by Public.com or investment advice.
PRA Group (PRAA) Analyst Forecast & Price Prediction
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