PRTH - Priority Technology Holdings Inc Stock Price, Fair Value and News

3.39USD-0.06 (-1.74%)Market Closed

Market Summary

USD3.39-0.06

Market Closed

-1.74%

PRTH Stock Price

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PRTH RSI Chart

PRTH Valuation

Market Cap

271.4M

Price/Earnings (Trailing)

61.86

Price/Sales (Trailing)

0.35

Price/Free Cashflow

6.16

PRTH Price/Sales (Trailing)

PRTH Profitability

Return on Equity

-2.78%

Return on Assets

0.27%

Free Cashflow Yield

16.24%

PRTH Fundamentals

PRTH Revenue

Revenue (TTM)

776.3M

Rev. Growth (Yr)

11.18%

Rev. Growth (Qtr)

3.23%

PRTH Earnings

Earnings (TTM)

4.4M

Earnings Growth (Yr)

1.1K%

Earnings Growth (Qtr)

5.0K%

Breaking Down PRTH Revenue

Last 7 days

-6.9%

Last 30 days

7.3%

Last 90 days

0.6%

Trailing 12 Months

-8.9%

How does PRTH drawdown profile look like?

PRTH Financial Health

Current Ratio

1.04

Debt/Equity

-3.99

Debt/Cashflow

0.11

PRTH Investor Care

Shares Dilution (1Y)

4.67%

Diluted EPS (TTM)

-0.58

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	776.3M	0	0	0
2023	695.4M	711.3M	733.9M	755.6M
2022	554.8M	596.3M	630.1M	663.6M
2021	420.7M	453.4M	476.9M	514.9M
2020	381.1M	381.4M	396.4M	404.3M
2019	360.6M	360.0M	362.4M	371.9M
2018	435.4M	426.5M	407.1M	375.8M
2017	364.5M	384.9M	405.2M	425.6M
2016	0	0	0	344.1M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
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Tracking the Latest Insider Buys and Sells of Priority Technology Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	kiewiet sean	sold	-27,824	3.2	-8,695	chief strategy officer
May 01, 2024	kiewiet sean	sold	-4,149	3.18	-1,305	chief strategy officer
Apr 19, 2024	ram ranjana	acquired	-	-	83,333	head of m&a strategic initiati
Apr 01, 2024	passilla michael	back to issuer	-7,180	3.27	-2,196	-
Apr 01, 2024	priore john vito	back to issuer	-8,358	3.27	-2,556	-
Apr 01, 2024	kiewiet sean	sold	-33,000	3.3	-10,000	chief strategy officer
Apr 01, 2024	crisafulli marc a	acquired	-	-	7,988	-
Apr 01, 2024	priore john vito	acquired	-	-	7,988	-
Apr 01, 2024	favilla christina m	acquired	-	-	7,988	-
Apr 01, 2024	favilla christina m	back to issuer	-7,471	3.27	-2,285	-

Which funds bought or sold PRTH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	new	-	42,954	42,954	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-30.99	-3,789	6,560	-%
May 15, 2024	TWO SIGMA SECURITIES, LLC	new	-	69,216	69,216	-%
May 15, 2024	CITADEL ADVISORS LLC	added	19.25	7,463	85,733	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	new	-	50,315	50,315	-%
May 15, 2024	Royal Bank of Canada	reduced	-93.69	-26,000	1,000	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	new	-	76,214	76,214	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	208	18,719	28,926	-%
May 15, 2024	Cetera Advisors LLC	unchanged	-	-14,587	164,481	-%
May 15, 2024	Squarepoint Ops LLC	new	-	33,985	33,985	-%

Are Funds Buying or Selling PRTH?

Are funds buying PRTH calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PRTH

No. of Funds

Unveiling Priority Technology Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2022	stone point capital llc	6.78%	5,193,039	SC 13G
Apr 20, 2020	priore thomas charles	68.8%	46,113,250	SC 13D/A
Jan 29, 2020	hazelbrook investors (bermuda) l.p.	0.25%	168,650	SC 13G/A
Nov 19, 2019	priore thomas charles	69.7%	46,734,060	SC 13D/A

Recent SEC filings of Priority Technology Holdings Inc

View All Filings

Date Filed	Form Type	Document
May 17, 2024	4	Insider Trading
May 14, 2024	144	Notice of Insider Sale Intent
May 09, 2024	10-Q	Quarterly Report
May 09, 2024	8-K	Current Report
May 02, 2024	4	Insider Trading
May 01, 2024	144	Notice of Insider Sale Intent
Apr 25, 2024	8-K	Current Report
Apr 24, 2024	4	Insider Trading
Apr 09, 2024	DEF 14A	DEF 14A
Apr 03, 2024	4	Insider Trading

Peers (Alternatives to Priority Technology Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	3.1T	236.6B	2.04%	31.94%	36.24	13.2	13.97%	24.86%
ADBE	216.6B	19.9B	1.92%	34.16%	45.12	10.87	10.76%	1.35%
CRWD	82.6B	3.1B	17.82%	143.95%	924.45	27.03	36.33%	148.75%
SQ	44.6B	22.9B	-1.67%	21.44%	89.43	1.95	23.28%	240.37%
AKAM	14.5B	3.9B	-5.09%	8.50%	23.17	3.74	7.01%	28.42%
FFIV	10.2B	2.8B	-3.92%	22.69%	20.48	3.67	0.20%	52.82%
MID-CAP
ALTR	7.5B	619.6M	12.28%	29.55%	779.75	12.06	7.11%	116.83%
HCP	6.4B	583.1M	40.42%	1.19%	-33.59	10.98	22.54%	30.49%
ACIW	4.0B	1.5B	19.09%	52.81%	27.07	2.67	6.51%	54.77%
APPN	2.4B	560.0M	-6.27%	-15.47%	-22.61	4.34	14.52%	34.67%
SMALL-CAP
CSGS	1.3B	1.2B	-10.96%	-12.92%	19.76	1.09	3.70%	18.24%
ATEN	1.2B	254.7M	26.48%	15.07%	26.36	4.73	-7.51%	2.74%
BAND	590.0M	634.3M	29.78%	103.56%	-20.22	0.93	9.43%	-197.31%
DTSS	20.5M	23.3M	-8.22%	-61.16%	-1.79	0.88	336.57%	-92.79%
BLIN	13.0M	15.3M	-	31.58%	-1.29	0.85	-7.99%	-1417.41%

Priority Technology Holdings Inc News

Latest updates

Priority Technology Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	3.2%	206	199	189	182	185	178	166	166	153	144	133	125	113	106	109	92.00	97.00	98.00	94.00	92.00	88.00
Costs and Expenses	0.3%	178	177	166	163	168	159	152	153	142	131	124	118	109	100	102	88.00	93.00	97.00	91.00	90.00	87.00
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	97.00	91.00	90.00	87.00
S&GA Expenses	-21.9%	11.00	14.00	11.00	11.00	9.00	8.00	10.00	9.00	8.00	6.00	7.00	7.00	8.00	7.00	7.00	6.00	7.00	10.00	7.00	8.00	7.00
Interest Expenses	1.1%	21.00	21.00	20.00	18.00	18.00	16.00	13.00	12.00	12.00	12.00	8.00	7.00	9.00	9.00	13.00	12.00	10.00	10.00	10.00	11.00	9.00
Income Taxes	35.0%	3.00	2.00	4.00	2.00	-0.13	4.00	2.00	0.00	-0.32	-5.26	1.00	1.00	-2.23	-2.02	14.00	0.00	-1.23	-1.64	-1.74	6.00	-1.72
Net Income	4999.1%	5.00	-0.11	-0.09	-0.61	-0.51	-1.31	-0.79	0.00	-0.33	14.00	-0.55	-9.48	-2.68	-1.00	86.00	-	-5.87	-7.17	-5.84	-14.13	-6.45
Net Income Margin	425.8%	0.01*	0.00*	0.00*	0.00*	0.00*	0.00*	0.02*	0.02*	0.01*	0.00*	-0.03*	0.16*	-	-	-	-	-	-	-	-	-
Free Cashflow	158.8%	7.00	3.00	20.00	14.00	23.00	12.00	15.00	17.00	7.00	10.00	5.00	-21.35	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.3%	1,610	1,615	1,563	1,532	1,446	1,373	1,350	1,361	1,350	1,352	1,335	443	400	418	380	450	448	465	452	460	472
Current Assets	0.1%	882	881	827	818	729	652	628	627	612	603	581	86.00	123	136	105	91.00	82.00	94.00	81.00	83.00	84.00
Cash Equivalents	1898.7%	792	40.00	25.00	18.00	16.00	18.00	13.00	22.00	14.00	20.00	17.00	11.00	6.00	88.00	22.00	51.00	40.00	50.00	27.00	27.00	29.00
Net PPE	7.7%	48.00	45.00	42.00	39.00	37.00	35.00	30.00	27.00	25.00	25.00	25.00	24.00	24.00	23.00	23.00	24.00	24.00	24.00	21.00	21.00	18.00
Goodwill	0.0%	376	376	376	369	369	369	365	366	366	366	245	14.00	107	107	107	110	110	110	110	110	110
Liabilities	-0.3%	1,498	1,503	1,445	1,416	1,324	1,241	1,217	1,221	1,207	1,206	1,203	411	500	516	479	583	574	585	558	561	557
Current Liabilities	-0.2%	850	852	810	814	720	630	610	604	593	584	569	84.00	141	149	101	96.00	85.00	93.00	76.00	80.00	72.00
Long Term Debt	-0.1%	631	632	617	590	592	599	593	602	598	604	620	318	351	358	371	481	483	486	473	473	473
LT Debt, Current	0%	7.00	7.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	3.00	24.00	19.00	16.00	12.00	8.00	4.00	4.00	4.00	3.00
LT Debt, Non Current	-100.0%	-	632	617	590	592	599	593	602	598	604	620	318	351	358	371	481	483	486	473	473	473
Shareholder's Equity	-8.3%	-158	-146	-	-	-113	-102	-	0.00	33.00	-64.24	45.00	15.00	0.00	6.00	-	5.00	6.00	6.00	6.00	2.00	0.00
Retained Earnings	-4.8%	-141	-134	-123	-112	-102	-102	-100	-100	-100	-100	-114	-114	-104	-102	-101	-141	-133	-127	-111	-106	-91.99
Additional Paid-In Capital	-	-	-	-	-	0.00	10.00	18.00	26.00	33.00	40.00	45.00	15.00	7.00	6.00	5.00	5.00	4.00	4.00	3.00	2.00	1.00
Shares Outstanding	-1.5%	76.00	77.00	77.00	77.00	76.00	76.00	78.00	79.00	79.00	72.00	72.00	69.00	-	-	-	-	-	-	-	-	-
Minority Interest	5.6%	2.00	2.00	1.00	1.00	1.00	1.00	-	-	-	-	-	-	-	-	-	6.00	6.00	6.00	6.00	6.00	6.00
Float	-	-	-	-	70.00	-	-	-	57.00	-	-	-	74.00	-	-	-	30.00	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	55.2%	13,307	8,576	25,823	19,180	27,677	19,960	20,224	20,721	9,613	11,944	7,214	-18,881	9,100	1,771	609	17,076	-7,254	1,463	6,897	4,960	-1,240
Share Based Compensation	3.0%	1,633	1,586	1,501	1,746	1,936	2,024	1,104	1,542	1,558	864	953	821	558	803	655	580	338	284	1,200	1,023	1,160
Cashflow From Investing	-69.5%	-7,669	-4,524	-38,142	-5,499	-7,583	-15,408	-8,360	-7,024	-5,711	11,845	-379,796	-77,391	-5,691	-2,594	176,525	-4,306	-3,229	-4,124	-3,847	-7,598	-82,178
Cashflow From Financing	-119.4%	-10,279	53,076	12,891	86,601	57,537	16,601	-8,661	-1,976	2,538	619	836,924	60,855	-26,769	30,113	-169,304	-1,501	-251	26,283	-3,419	610	78,827
Dividend Payments	-100.0%	-	6,810	-	6,473	11,435	-19.00	4,402	3,571	3,505	3,445	2,440	1,575	-	-	-	-	-	-	-	-	-
Buy Backs	-	-	-	-	-	777	2,794	2,595	1,922	157	680	1,023	-	-	-	-	-	-	-	-	2,400	-

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PRTH Income Statement

2024-03-31

Unaudited Consolidated Statements of Operations and Comprehensive Loss - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenues	$ 205,719	$ 185,028
Operating expenses
Cost of revenue (excludes depreciation and amortization)	129,298	121,966
Salary and employee benefits	22,150	19,048
Depreciation and amortization	15,253	18,048
Selling, general and administrative	10,995	9,118
Total operating expenses	177,696	168,180
Operating income	28,023	16,848
Other (expense) income
Interest expense	(20,880)	(17,699)
Other income, net	632	212
Total other expense, net	(20,248)	(17,487)
Income (loss) before income taxes	7,775	(639)
Income tax expense (benefit)	2,582	(133)
Net income (loss)	5,193	(506)
Less: Dividends and accretion attributable to redeemable senior preferred stockholders	(12,662)	(11,295)
Less: Return on redeemable NCI in consolidated subsidiary	(581)	0
Net loss attributable to common stockholders	(8,050)	(11,801)
Other comprehensive loss
Foreign currency translation adjustments	(13)	24
Comprehensive loss	$ (8,063)	$ (11,777)
Loss per common share:
Basic (in dollars per share)	$ (0.10)	$ (0.15)
Diluted (in dollars per share)	$ (0.10)	$ (0.15)
Weighted-average common shares outstanding:
Basic (in shares)	78,021	78,133
Diluted (in shares)	78,021	78,133

PRTH Balance Sheet

2024-03-31

Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 34,290	$ 39,604
Restricted cash	12,658	11,923
Accounts receivable, net of allowances of $5,536 and $5,289, respectively	67,137	58,551
Prepaid expenses and other current assets	13,699	13,273
Current portion of notes receivable, net of allowance of $0 and $0, respectively	1,972	1,468
Settlement assets and customer/subscriber account balances	752,590	756,475
Total current assets	882,346	881,294
Notes receivable, less current portion	4,549	3,728
Property, equipment and software, net	48,120	44,680
Goodwill	376,112	376,103
Intangible assets, net	261,658	273,350
Deferred income taxes, net	24,405	22,533
Other noncurrent assets	12,767	13,649
Total assets	1,609,957	1,615,337
Current liabilities:
Accounts payable and accrued expenses	49,329	52,643
Accrued residual commissions	35,965	33,025
Customer deposits and advance payments	4,090	3,934
Current portion of long-term debt	6,712	6,712
Settlement and customer/subscriber account obligations	753,850	755,754
Total current liabilities	849,946	852,068
Long-term debt, net of current portion, discounts and debt issuance costs	631,352	631,965
Other noncurrent liabilities	16,704	18,763
Total liabilities	1,498,002	1,502,796
Commitments and contingencies (Note 14)
Redeemable senior preferred stock, net of discounts and issuance costs:
Redeemable senior preferred stock, $0.001 par value; 250,000 shares authorized; 225,000 issued and outstanding at March 31, 2024 and December 31, 2023	264,240	258,605
Redeemable non-controlling interests in consolidated subsidiary	5,837	0
Stockholders' deficit:
Preferred stock, $0.001; 100,000,000 shares authorized; 0 issued or outstanding at March 31, 2024 and December 31, 2023	0	0
Common Stock, $0.000 par value; 1,000,000,000 shares authorized; 80,018,209 and 79,589,055 shares issued at March 31, 2024 and December 31, 2023, respectively; and 75,834,517 and 76,956,889 shares outstanding at March 31, 2024 and December 31, 2023, respectively	76	77
Treasury stock at cost, 4,183,692 and 2,632,166 shares at March 31, 2024 and December 31, 2023, respectively	(18,491)	(12,815)
Additional paid-in capital	0	0
Accumulated other comprehensive loss	(42)	(29)
Accumulated deficit	(141,412)	(134,951)
Total stockholders' deficit attributable to stockholders of PRTH	(159,869)	(147,718)
Non-controlling interests in consolidated subsidiaries	1,747	1,654
Total stockholders' deficit	(158,122)	(146,064)
Total liabilities, redeemable senior preferred stock, redeemable NCI and stockholders' deficit	$ 1,609,957	$ 1,615,337

About Priority Technology Holdings Inc

Priority Technology Holdings, Inc. operates as a payment technology company in the United States. It operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business Payments, and Enterprise Payments. The company offers MX product line, including MX Connect and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B and ACH.com, and others, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance to resellers and merchant clients using core payment processing. It also offers CPX, a platform that offers accounts payable automation solutions, including virtual card, purchase card, ACH +, dynamic discounting, or check. In addition, the company provides curated managed services; and payment-adjacent technologies to facilitate the acceptance of electronic payments from customers. Further, it offers embedded payment and banking solutions to enterprise customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments; and managed services solutions that provide audience-specific programs for institutional partners and other third parties; and consulting and development solutions. It serves SMB, and enterprises, as well as distribution partners, including retail and wholesale independent sales organizations, financial institutions, and independent software vendors. The company was founded in 2005 and is headquartered in Alpharetta, Georgia.

CEO	Mr. Thomas Charles Priore
WEBSITE	prth.com
INDUSTRY	Software - Infra
EMPLOYEES	863

Priority Technology Holdings Inc Frequently Asked Questions

What is the ticker symbol for Priority Technology Holdings Inc? What does PRTH stand for in stocks?

PRTH is the stock ticker symbol of Priority Technology Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Priority Technology Holdings Inc (PRTH)?

As of Fri May 17 2024, market cap of Priority Technology Holdings Inc is 271.42 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PRTH stock?

You can check PRTH's fair value in chart for subscribers.

What is the fair value of PRTH stock?

You can check PRTH's fair value in chart for subscribers. The fair value of Priority Technology Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Priority Technology Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PRTH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Priority Technology Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether PRTH is over valued or under valued. Whether Priority Technology Holdings Inc is cheap or expensive depends on the assumptions which impact Priority Technology Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PRTH.

What is Priority Technology Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, PRTH's PE ratio (Price to Earnings) is 61.86 and Price to Sales (PS) ratio is 0.35. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PRTH PE ratio will change depending on the future growth rate expectations of investors.