PRA Group Inc Stock Research

Market Summary

USD18.70-0.88

Market Closed

-4.49%

PRAA Alerts

3 major insider buys recently.
Big fall in Revenue (Y/Y)
Big fall in earnings (Y/Y)
Losses in recent quarter

PRAA Stock Price

PRAA RSI Chart

PRAA Valuation

Market Cap

732.5M

Price/Earnings (Trailing)

39.5

Price/Sales (Trailing)

0.83

EV/EBITDA

-3.54

Price/Free Cashflow

-55.93

PRAA Price/Sales (Trailing)

PRAA Profitability

EBT Margin

16.01%

Return on Equity

9.54%

Return on Assets

2.81%

Free Cashflow Yield

-1.79%

PRAA Fundamentals

PRAA Revenue

Revenue (TTM)

881.4M

Revenue Y/Y

-35.38%

Revenue Q/Q

-30.24%

PRAA Earnings

Earnings (TTM)

18.5M

Earnings Y/Y

-246.68%

Earnings Q/Q

-467.37%

Price Action

52 Week Range

17.7443.34

(Low)(High)

Last 7 days

-7.9%

Last 30 days

-48.4%

Last 90 days

-56.0%

Trailing 12 Months

-50%

PRAA Financial Health

PRAA Investor Care

Buy Backs (1Y)

3.07%

Diluted EPS (TTM)

0.46

Peers (Alternatives to PRA Group)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AXP	117.4B	44.7B	-2.06%	-6.13%	16.24	2.62	21.11%	-8.75%
COF	40.0B	34.2B	7.62%	-16.24%	12.93	1.17	30.10%	-55.86%
DFS	27.5B	14.2B	-0.14%	-6.35%	6.66	1.94	32.25%	-19.07%
SYF	13.4B	17.6B	6.66%	-12.42%	4.98	0.76	13.78%	-34.96%
MID-CAP
ALLY	8.1B	11.6B	2.54%	-36.07%	5.91	0.7	30.73%	-52.79%
CACC	5.9B	1.8B	-6.23%	-22.21%	13.99	3.22	-1.62%	-56.62%
OMF	4.7B	4.4B	0.52%	-8.21%	6.15	1.05	1.07%	-37.21%
FCFS	4.6B	2.8B	-4.46%	34.59%	16.7	1.61	45.16%	128.93%
SLM	3.8B	2.2B	4.46%	-19.50%	8.4	1.72	22.06%	-30.04%
NNI	3.4B	1.1B	-3.10%	10.39%	8.44	2.76	-3.12%	-45.83%
SMALL-CAP
ENVA	1.5B	1.8B	7.26%	49.18%	7.17	0.81	37.43%	-11.56%
ECPG	1.1B	1.2B	-12.81%	-25.43%	28.1	0.87	-28.64%	-91.33%
LC	883.3M	631.4M	14.48%	-47.44%	3.05	1.4	-11.56%	1459.12%
PRAA	732.5M	881.4M	-48.44%	-50.00%	39.5	0.83	-15.81%	-88.74%
TREE	244.6M	902.3M	-20.48%	-70.72%	-1.49	0.27	-18.63%	-517.10%

Financials for PRA Group

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	-8.8%	881	967	1,001	1,020	1,047
Operating Expenses	3.0%	701	681	692	704	711
EBITDA	-41.5%	39.00	67.00	81.00	101	-
EBITDA Margin	-39.5%	0.04*	0.07*	0.08*	0.10*	-
Earnings Before Taxes	-72.2%	43.00	155	180	191	210
EBT Margin	-11.0%	0.16*	0.18*	0.19*	0.20*	-
Interest Expenses	-2.2%	-130	-127	-125	-124	-
Net Income	-84.2%	19.00	117	135	145	165
Net Income Margin	-10.5%	0.12*	0.14*	0.14*	0.16*	-
Free Cahsflow	-70.3%	8.00	28.00	6.00	29.00	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	8.8%	4,544	4,176	3,895	4,089	4,258
Cash Equivalents	470.5%	476	83.00	58.00	68.00	79.00
Net PPE	-6.1%	49.00	52.00	52.00	54.00	54.00
Goodwill	-3.5%	421	436	404	437	483
Liabilities	14.9%	3,319	2,889	2,713	2,846	2,912
Shareholder's Equity	-0.2%	1,225	1,228	1,131	1,242	1,346
Retained Earnings	-3.7%	1,514	1,573	1,557	1,554	1,549
Additional Paid-In Capital	-86.9%	0.00	2.00	-	-	-
Shares Outstanding	0.5%	39.00	39.00	39.00	40.00	40.00
Minority Interest	12.3%	66.00	59.00	51.00	36.00	41.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	-114.8%	-3.18	22.00	43.00	22.00	42.00
Share Based Compensation	-0.7%	13.00	13.00	14.00	16.00	16.00
Cashflow From Investing	-97.4%	3.00	120	232	67.00	120
Cashflow From Financing	443.7%	417	-121	-236	-71.65	-182
Buy Backs	-46.2%	60.00	111	226	275	240

Risks for PRAA

What is the probability of a big loss on PRAA?

80.8%

Probability that PRA Group stock will be more than 20% underwater in next one year

52.3%

Probability that PRA Group stock will be more than 30% underwater in next one year.

35.4%

Probability that PRA Group stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PRAA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if PRA Group was unfortunately bought at previous high price.

Drawdowns

Returns for PRAA

Cumulative Returns on PRAA

-9.5%

10-Year Cumulative Returns

-5.4%

7-Year Cumulative Returns

-13.5%

5-Year Cumulative Returns

-18.2%

3-Year Cumulative Returns

What are the long-term rolling returns for PRAA?

FIve years rolling returns for PRA Group.

Annualized Returns

Which funds bought or sold PRAA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-26	ProShare Advisors LLC	reduced	-8.14	12,243	218,098	-%
2023-05-25	Brandywine Global Investment Management, LLC	added	112	2,638,100	4,451,410	0.02%
2023-05-22	AMERIPRISE FINANCIAL INC	reduced	-3.1	1,036,700	9,842,700	-%
2023-05-18	JPMORGAN CHASE & CO	added	100	1,834,000	3,225,000	-%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	sold off	-100	-2,940,000	-	-%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-31.01	-199,000	775,000	-%
2023-05-17	Thrivent Financial for Lutherans	reduced	-3.39	154,000	1,505,000	-%
2023-05-17	Thrivent Financial for Lutherans	added	4.98	551,000	10,445,000	0.03%
2023-05-16	SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC	unchanged	-	58,368	439,001	0.01%
2023-05-16	JANE STREET GROUP, LLC	added	121	331,777	545,908	-%

Latest Funds Activity

Are funds buying PRAA calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own PRAA

No. of Funds

PRA Group News

Schedule 13G FIlings of PRA Group

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	t. rowe price investment management, inc.	8.1%	3,139,639	SC 13G
Feb 14, 2023	turtle creek asset management inc.	0.0%	0	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	0.2%	59,815	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	6.0%	2,337,073	SC 13G
Feb 09, 2023	vanguard group inc	10.97%	4,275,431	SC 13G/A
Feb 06, 2023	wellington management group llp	5.77%	2,248,676	SC 13G/A
Jan 23, 2023	blackrock inc.	18.1%	7,059,368	SC 13G/A
Feb 14, 2022	turtle creek asset management inc.	6.1%	2,641,252	SC 13G
Feb 14, 2022	price t rowe associates inc /md/	6.1%	2,700,669	SC 13G/A
Feb 04, 2022	wellington management group llp	6.90%	3,008,359	SC 13G/A

PRAA Fair Value

Show Fair-Value

Recent SEC filings of PRA Group

View All Filings

Date Filed	Form Type	Document
May 19, 2023	4	Insider Trading
May 19, 2023	4	Insider Trading
May 19, 2023	4	Insider Trading
May 15, 2023	8-K	Current Report
May 09, 2023	10-Q	Quarterly Report
May 08, 2023	3	Insider Trading
May 08, 2023	8-K	Current Report
May 02, 2023	ARS	ARS
May 02, 2023	DEFA14A	DEFA14A
May 01, 2023	DEF 14A	DEF 14A

Latest Insider Trading transactions for PRAA

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-05-18	Atal Vikram A	bought	95,200	19.04	5,000	president and ceo
2023-05-18	Atal Vikram A	bought	284,850	18.99	15,000	president and ceo
2023-05-18	Atal Vikram A	bought	372,200	18.61	20,000	president and ceo
2023-05-17	Paschke Brett Lee	bought	141,825	18.91	7,500	-
2023-05-17	TABAKIN SCOTT M	bought	228,840	19.07	12,000	-
2023-04-15	Atal Vikram A	acquired	-	-	38,779	-
2023-03-07	Sjolund Martin	acquired	-	-	19,823	president, pra group europe
2023-03-07	Graham Peter M	acquired	-	-	29,132	evp, chief financial officer
2023-03-07	Lagow Christopher D.	sold (taxes)	-240,198	41.73	-5,756	evp- general counsel
2023-03-07	STEVENSON KEVIN P	acquired	-	-	80,310	president & ceo

About PRA Group

PRAA Income Statement

2023-03-31

Consolidated Income Statements - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenues:
Portfolio income	$ 188,242	$ 207,532
Changes in expected recoveries	(36,912)	29,914
Total portfolio revenue	151,330	237,446
Other revenue	4,140	3,159
Total revenues	155,470	240,605
Operating expenses:
Compensation and employee services	82,403	71,096
Legal collection fees	8,838	10,873
Legal collection costs	23,945	16,557
Agency fees	17,378	17,388
Outside fees and services	24,944	19,378
Communication	10,527	12,583
Rent and occupancy	4,448	4,987
Depreciation and amortization	3,589	3,778
Other operating expenses	13,042	11,998
Total operating expenses	189,114	168,638
(Loss)/income from operations	(33,644)	71,967
Other income and (expense):
Interest expense, net	(38,283)	(31,748)
Foreign exchange loss, net	(9)	(532)
Other	(650)	(490)
(Loss)/income before income taxes	(72,586)	39,197
Income tax (benefit)/expense	(18,683)	4,579
Net (loss)/income	(53,903)	34,618
Adjustment for net income/(loss) attributable to noncontrolling interests	4,726	(5,354)
Net (loss)/income attributable to PRA Group, Inc.	$ (58,629)	$ 39,972
Net (loss)/income per common share attributable to PRA Group, Inc.:
Basic (in dollars per share)	$ (1.50)	$ 0.98
Diluted (in dollars per share)	$ (1.50)	$ 0.97
Weighted average number of shares outstanding:
Basic (shares)	39,033	40,777
Diluted (shares)	39,033	41,304

PRAA Balance Sheet

2023-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 116,471	$ 83,376
Restricted cash and cash equivalents	359,208	1,382
Investments	77,877	79,948
Finance receivables, net	3,286,497	3,295,008
Income taxes receivable	41,398	31,774
Deferred tax assets, net	57,551	56,908
Right-of-use assets	53,187	54,506
Property and equipment, net	48,500	51,645
Goodwill	420,647	435,921
Other assets	82,293	85,206
Total assets	4,543,629	4,175,674
Liabilities:
Accounts payable	4,837	7,329
Accrued expenses	120,640	111,395
Income taxes payable	19,809	25,693
Deferred tax liabilities, net	29,324	42,918
Interest-bearing deposits	108,779	112,992
Borrowings	2,937,895	2,494,858
Lease liabilities	57,939	59,384
Other liabilities	39,697	34,355
Total liabilities	3,318,920	2,888,924
Equity:
Preferred stock, $0.01 par value, 2,000 shares authorized, no shares issued and outstanding	0	0
Common stock, $0.01 par value, 100,000 shares authorized, 39,170 shares issued and outstanding at March 31, 2023; 100,000 shares authorized, 38,980 shares issued and outstanding at December 31, 2022	392	390
Additional paid-in capital	285	2,172
Retained earnings	1,514,396	1,573,025
Accumulated other comprehensive loss	(356,730)	(347,926)
Total stockholders' equity - PRA Group, Inc.	1,158,343	1,227,661
Noncontrolling interest	66,366	59,089
Total equity	1,224,709	1,286,750
Total liabilities and equity	$ 4,543,629	$ 4,175,674