Priority Technology Holdings Inc

Company Profile

Priority Technology Holdings Inc had its IPO on 2016-12-06 under the ticker symbol PRTH.

The company operates in the Technology sector and Software-Infrastructure industry. Priority Technology Holdings Inc has a staff strength of 863 employees.

Stock update

Shares of Priority Technology Holdings Inc opened at $3.68 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.56 - $3.68, and closed at $3.66.

This is a +3.1% increase from the previous day's closing price.

A total volume of 6,168 shares were traded at the close of the day’s session.

In the last one week, shares of Priority Technology Holdings Inc have slipped by -1.35%.

Priority Technology Holdings Inc's Key Ratios

Priority Technology Holdings Inc has a market cap of $284.08 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.6296.

In the last 12-months Priority Technology Holdings Inc’s revenue was $711.29 million with a gross profit of $155.02 million and an EBITDA of $135.27 million. The EBITDA ratio measures Priority Technology Holdings Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Priority Technology Holdings Inc’s operating margin was 9.89% while its return on assets stood at 3.04% with a return of equity of -2.52%.

In Q2, Priority Technology Holdings Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 9.5%.

Priority Technology Holdings Inc’s PE and PEG Ratio

Forward PE

196.0784

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.59 per share while it has a forward price to earnings multiple of 196.0784 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Priority Technology Holdings Inc’s profitability.

Priority Technology Holdings Inc stock is trading at a EV to sales ratio of 1.9321 and a EV to EBITDA ratio of 9.4242. Its price to sales ratio in the trailing 12-months stood at 0.6296.

Priority Technology Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.53 billion

Total Liabilities

$814.46 million

Operating Cash Flow

$-5499000.00

Capital Expenditure

$4.82 million

Dividend Payout Ratio

0%

Priority Technology Holdings Inc ended 2024 with $1.53 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.53 billion while shareholder equity stood at $115.29 million.

Priority Technology Holdings Inc ended 2024 with $0 in deferred long-term liabilities, $814.46 million in other current liabilities, 76000.00 in common stock, $-112974000.00 in retained earnings and $368.74 million in goodwill. Its cash balance stood at $17.57 million and cash and short-term investments were $17.57 million. The company’s total short-term debt was $6,200,000 while long-term debt stood at $589.93 million.

Priority Technology Holdings Inc’s total current assets stands at $817.90 million while long-term investments were $3.02 million and short-term investments were $0. Its net receivables were $62.66 million compared to accounts payable of $59.84 million and inventory worth $12.36 million.

In 2024, Priority Technology Holdings Inc's operating cash flow was $-5499000.00 while its capital expenditure stood at $4.82 million.

Comparatively, Priority Technology Holdings Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$3.66

52-Week High

$6.158

52-Week Low

$2.62

Analyst Target Price

$9

Priority Technology Holdings Inc stock is currently trading at $3.66 per share. It touched a 52-week high of $6.158 and a 52-week low of $6.158. Analysts tracking the stock have a 12-month average target price of $9.

Its 50-day moving average was $3.92 and 200-day moving average was $4.14 The short ratio stood at 9.94 indicating a short percent outstanding of 0%.

Around 7746.1% of the company’s stock are held by insiders while 1157.3% are held by institutions.