In the last trading session, 2.61 million shares of the Porch Group Inc (NASDAQ:PRCH) were traded, and its beta was 2.03. Most recently the company’s share price was $6.92, and it changed around -$0.07 or -1.00% from the last close, which brings the market valuation of the company to $704.12M. PRCH currently trades at a discount to its 52-week high of $7.19, offering almost -3.9% off that amount. The share price’s 52-week low was $1.05, which indicates that the current value has risen by an impressive 84.83% since then.
Porch Group Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.33. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended PRCH as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. Porch Group Inc is expected to report earnings per share of -0.1 for the current quarter.
Porch Group Inc (NASDAQ:PRCH) trade information
Instantly PRCH has showed a red trend with a performance of -1.00% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 7.19 on recent trading dayincreased the stock’s daily price by 3.76%. The company’s shares are currently up 40.65% year-to-date, but still up 76.08% over the last five days. On the other hand, Porch Group Inc (NASDAQ:PRCH) is 60.93% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $4, which translates to bulls needing to decrease their stock price by -73.0% from its current value. Analyst projections state that PRCH is forecast to be at a low of $4 and a high of $4.
Porch Group Inc (PRCH) estimates and forecasts
The year-over-year growth rate is expected to be -8.86%, down from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 79.44M in revenue for the current quarter. 6 analysts expect Porch Group Inc to make 96.85M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 115.44M and 110.84M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -31.19%. Forecasts for the next quarter put sales growth at -12.62%.
PRCH Dividends
Porch Group Inc’s next quarterly earnings report is expected to be released in April.
BLACKROCK INC., with 5.1095% or 4.98 million shares worth $7.52 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Harbor Funds II-Embark Small Cap Equity Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Oct 31, 2024 . The former held 3.83 shares worth $26.51 million, making up 3.19% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 2.5 shares worth around $17.27 million, which represents about 2.08% of the total shares outstanding.
