During the last session, Priority Technology Holdings Inc (NASDAQ:PRTH)’s traded shares were 0.34 million, with the beta value of the company hitting 1.49. At the end of the trading day, the stock’s price was $6.95, reflecting an intraday gain of 3.73% or $0.25. The 52-week high for the PRTH share is $12.47, that puts it down -79.42 from that peak though still a striking 55.97% gain since the share price plummeted to a 52-week low of $3.06. The company’s market capitalization is $552.66M, and the average intraday trading volume over the past 10 days was 0.4 million shares, and the average trade volume was 611.31K shares over the past three months.
Priority Technology Holdings Inc (NASDAQ:PRTH) trade information
Priority Technology Holdings Inc (PRTH) registered a 3.73% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.73% in intraday trading to $6.95, hitting a weekly high. The stock’s 5-day price performance is 5.78%, and it has moved by -12.14% in 30 days. Based on these gigs, the overall price performance for the year is 122.04%. The short interest in Priority Technology Holdings Inc (NASDAQ:PRTH) is 1.49 million shares and it means that shorts have 2.16 day(s) to cover.
The consensus price target of analysts on Wall Street is $13, which implies an increase of 46.54% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $13 and $13 respectively. As a result, PRTH is trading at a discount of -87.05% off the target high and -87.05% off the low.
Priority Technology Holdings Inc (PRTH) estimates and forecasts
In the rating firms’ projections, revenue will increase 10.44% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 227.49M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 241.67M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 205.72M and 219.87M respectively. In this case, analysts expect current quarter sales to grow by 10.58% and then jump by 9.92% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 9.31%. While earnings are projected to return 312.56% in 2025.
PRTH Dividends
Priority Technology Holdings Inc is due to release its next quarterly earnings on 2025-Mar-05. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Priority Technology Holdings Inc (NASDAQ:PRTH)’s Major holders
Priority Technology Holdings Inc insiders own 64.92% of total outstanding shares while institutional holders control 19.09%, with the float percentage being 54.42%. STONE POINT CAPITAL LLC is the largest shareholder of the company, while 126.0 institutions own stock in it. As of 2024-06-30, the company held over 5.19 million shares (or 6.6804% of all shares), a total value of $27.42 million in shares.
The next largest institutional holding, with 0.88 million shares, is of VANGUARD GROUP INC’s that is approximately 1.1326% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.67 million.
Also, the Mutual Funds coming in first place with the largest holdings of Priority Technology Holdings Inc (PRTH) shares are iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. Data provided on Mar 31, 2025 indicates that iShares Trust-iShares Russell 2000 ETF owns about 599.49 shares. This amounts to just over 0.75 percent of the company’s overall shares, with a $4.17 million market value. The same data shows that the other fund manager holds slightly less at 523.37, or about 0.66% of the stock, which is worth about $3.64 million.
