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

3.20USD+0.08 (+2.56%)Market Closed

Market Summary

USD3.20+0.08

Market Closed

2.56%

PRTH Stock Price

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PRTH RSI Chart

PRTH Valuation

Market Cap

236.5M

Price/Earnings (Trailing)

-180.38

Price/Sales (Trailing)

0.31

Price/Free Cashflow

3.94

PRTH Price/Sales (Trailing)

PRTH Profitability

Return on Equity

0.9%

Return on Assets

-0.08%

Free Cashflow Yield

25.37%

PRTH Fundamentals

PRTH Revenue

Revenue (TTM)

755.6M

Rev. Growth (Yr)

12.24%

Rev. Growth (Qtr)

5.43%

PRTH Earnings

Earnings (TTM)

-1.3M

Earnings Growth (Yr)

91.92%

Earnings Growth (Qtr)

-21.84%

Breaking Down PRTH Revenue

52 Week Range

2.624.60

(Low)(High)

Last 7 days

-0.6%

Last 30 days

-2.5%

Last 90 days

-12.8%

Trailing 12 Months

-1.9%

How does PRTH drawdown profile look like?

PRTH Financial Health

Current Ratio

1.03

Debt/Equity

-4.33

Debt/Cashflow

0.13

PRTH Investor Care

Shares Dilution (1Y)

0.95%

Diluted EPS (TTM)

-0.63

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

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>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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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
Apr 19, 2024	ram ranjana	acquired	-	-	83,333	head of m&a strategic initiati
Apr 01, 2024	favilla christina m	acquired	-	-	7,988	-
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	favilla christina m	back to issuer	-7,471	3.27	-2,285	-
Apr 01, 2024	crisafulli marc a	acquired	-	-	7,988	-
Apr 01, 2024	priore john vito	acquired	-	-	7,988	-
Apr 01, 2024	davis marietta	acquired	-	-	7,988	-
Apr 01, 2024	passilla michael	acquired	-	-	7,988	-

Which funds bought or sold PRTH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-83.48	-7,000	1,000	-%
Apr 22, 2024	PFG Investments, LLC	new	-	36,653	36,653	-%
Apr 19, 2024	Kovack Advisors, Inc.	reduced	-10.12	-21,479	101,697	0.01%
Apr 12, 2024	Dynamic Advisor Solutions LLC	new	-	57,029	57,029	-%
Apr 05, 2024	CWM, LLC	new	-	-	-	-%
Mar 11, 2024	VANGUARD GROUP INC	added	0.81	209,898	2,159,450	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	sold off	-100	-39,897	-	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	reduced	-0.4	2,696	31,253	-%
Feb 15, 2024	BARCLAYS PLC	added	466	75,000	89,000	-%
Feb 15, 2024	Legal & General Group Plc	unchanged	-	601	6,696	-%

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
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
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 28, 2024	4/A	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	3.0T	236.6B	-5.25%	35.26%	34.42	12.54	13.97%	24.86%
ADBE	212.2B	19.9B	-6.69%	30.46%	44.2	10.64	10.76%	1.35%
CRWD	71.1B	3.1B	-9.73%	140.01%	795.84	23.27	36.33%	148.75%
SQ	44.3B	21.9B	-13.13%	20.19%	6.5K	2.02	25.01%	101.26%
AKAM	15.4B	3.8B	-5.78%	29.33%	28.16	4.05	5.40%	4.57%
FFIV	10.7B	2.8B	-2.72%	39.21%	23.21	3.81	3.55%	53.13%
MID-CAP
ALTR	6.7B	612.7M	-2.27%	20.86%	-751.06	10.94	7.07%	79.45%
HCP	6.4B	583.1M	21.47%	19.39%	-33.36	10.91	22.54%	30.49%
ACIW	3.5B	1.5B	2.25%	35.99%	28.7	2.4	2.16%	-14.54%
APPN	2.6B	545.4M	-4.16%	1.12%	-23.75	4.85	16.53%	26.16%
SMALL-CAP
CSGS	1.4B	1.2B	-4.25%	-5.66%	20.71	1.21	7.30%	93.18%
ATEN	1.0B	251.7M	0.44%	-4.23%	25.31	4.02	-10.22%	-14.79%
BAND	455.4M	601.1M	-0.39%	45.07%	-27.86	0.76	4.88%	-183.51%
DTSS	19.8M	7.0M	3.04%	-50.94%	-2.3	2.91	-55.73%	-45.27%
BLIN	13.6M	15.6M	24.30%	49.44%	-1.37	0.88	-6.37%	-5256.07%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	5.4%	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	89.00
Costs and Expenses	7.1%	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	86.00
S&GA Expenses	23.3%	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	8.00
Interest Expenses	3.3%	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	8.00
Income Taxes	-55.8%	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	-1.39
Net Income	-21.8%	-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	-5.65
Net Income Margin	49.4%	0.00*	0.00*	0.00*	0.00*	0.00*	0.02*	0.02*	0.01*	0.00*	-0.03*	0.16*	0.18*	0.18*	-	-	-	-	-	-	-	-
Free Cashflow	-87.3%	3.00	20.00	14.00	23.00	12.00	15.00	17.00	7.00	10.00	5.00	-21.35	6.00	0.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.3%	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	379
Current Assets	6.6%	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	75.00
Cash Equivalents	61.0%	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	34.00
Net PPE	6.8%	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	17.00
Goodwill	0.1%	376	376	369	369	369	365	366	366	366	245	14.00	107	107	107	110	110	110	110	110	110	110
Liabilities	4.0%	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	473
Current Liabilities	5.2%	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	63.00
Long Term Debt	2.5%	632	617	590	592	599	593	602	598	604	620	318	351	358	371	481	483	486	473	473	473	402
LT Debt, Current	8.3%	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	3.00
LT Debt, Non Current	2.5%	632	617	590	592	599	593	602	598	604	620	318	351	358	371	481	483	486	473	473	473	402
Shareholder's Equity	-Infinity%	-146	-	-	-	-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	0.00
Retained Earnings	-9.1%	-134	-123	-112	-102	-102	-100	-100	-100	-100	-114	-114	-104	-102	-101	-141	-133	-127	-111	-106	-91.99	-94.08
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	0.4%	77.00	77.00	77.00	76.00	76.00	78.00	79.00	79.00	72.00	72.00	69.00	68.00	67.00	-	-	-	-	-	-	-	-
Minority Interest	21.1%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-66.8%	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	6,512
Share Based Compensation	5.7%	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	574
Cashflow From Investing	88.1%	-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	-66,583
Cashflow From Financing	311.7%	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	58,425
Dividend Payments	-	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	-	-

PRTH Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues	$ 755,612	$ 663,641	$ 514,901
Operating expenses
Costs of services (excludes depreciation and amortization)	480,307	436,753	359,885
Salary and employee benefits	79,974	65,077	43,818
Depreciation and amortization	68,395	70,681	49,697
Selling, general and administrative	45,412	34,965	28,408
Total operating expenses	674,088	607,476	481,808
Operating income	81,524	56,165	33,093
Other (expense) income
Interest expense	(76,108)	(53,554)	(36,485)
Debt extinguishment and modification costs	0	0	(8,322)
Gain on sale of business and investment	0	0	7,643
Other income, net	1,736	589	202
Total other (expense) income, net	(74,372)	(52,965)	(36,962)
Income (loss) before income taxes	7,152	3,200	(3,869)
Income tax expense (benefit)	8,463	5,350	(5,258)
Net (loss) income	(1,311)	(2,150)	1,389
Less: Dividends and accretion attributable to redeemable senior preferred stockholders	(47,744)	(36,880)	(18,009)
Less: NCI preferred unit redemptions, net of deferred tax benefit	0	0	(8,021)
Net (loss) income available to common stockholders	(49,055)	(39,030)	(24,641)
Other comprehensive loss
Foreign currency translation adjustments	(29)	0	0
Comprehensive loss	$ (49,084)	$ (39,030)	$ (24,641)
Loss per common share:
Basic (in dollars per share)	$ (0.63)	$ (0.50)	$ (0.34)
Diluted (in dollars per share)	$ (0.63)	$ (0.50)	$ (0.34)
Weighted-average common shares outstanding:
Basic (in shares)	78,333	78,233	71,902
Diluted (in shares)	78,333	78,233	71,902

PRTH Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 39,604	$ 18,454
Restricted cash	11,923	10,582
Accounts receivable, net of allowances of $5,289 and $1,143, respectively	58,551	78,113
Prepaid expenses and other current assets	13,273	11,832
Current portion of notes receivable, net of allowances of $0 and $0, respectively	1,468	1,471
Settlement assets and customer/subscriber account balances	756,475	532,018
Total current assets	881,294	652,470
Notes receivable, less current portion	3,728	3,191
Property, equipment and software, net	44,680	34,687
Goodwill	376,103	369,337
Intangible assets, net	273,350	288,794
Deferred income taxes, net	22,533	16,447
Other noncurrent assets	13,649	8,437
Total assets	1,615,337	1,373,363
Current liabilities:
Accounts payable and accrued expenses	52,643	51,864
Accrued residual commissions	33,025	35,979
Customer deposits and advance payments	3,934	2,618
Current portion of long-term debt	6,712	6,200
Settlement and customer/subscriber account obligations	755,754	533,340
Total current liabilities	852,068	630,001
Long-term debt, net of current portion, discounts and debt issuance costs	631,965	598,926
Other noncurrent liabilities	18,763	11,643
Total liabilities	1,502,796	1,240,570
Commitments and contingencies (Note 16)
Redeemable senior preferred stock, $0.001 par value per share; 250,000 shares authorized; 225,000 issued and outstanding at December 31, 2023 and December 31, 2022	258,605	235,579
Stockholders' deficit:
Preferred stock, $0.001 par value per share; 100,000,000 shares authorized; none issued or outstanding at December 31, 2023 and December 31, 2022	$ 0	$ 0
Common stock issued (in shares)	79,589,055	78,385,685
Common stock, shares outstanding (in shares)	76,956,889	76,044,629
Common Stock, $0.001 par value per share; 1,000,000,000 shares authorized; 79,589,055 and 78,385,685 shares issued at December 31, 2023 and December 31, 2022, respectively; and 76,956,889 and 76,044,629 shares outstanding at December 31, 2023 and December 31, 2022, respectively.	$ 77	$ 76
Treasury stock at cost, 2,632,166 and 2,341,056 shares at December 31, 2023 and December 31, 2022, respectively	(12,815)	(11,559)
Additional paid-in capital	0	9,650
Accumulated other comprehensive income	(29)	0
Accumulated deficit	(134,951)	(102,208)
Total stockholders' deficit attributable to stockholders of PRTH	(147,718)	(104,041)
Non-controlling interests in consolidated subsidiaries	1,654	1,255
Total stockholders' deficit	(146,064)	(102,786)
Total liabilities, redeemable senior preferred stock and stockholders' deficit	$ 1,615,337	$ 1,373,363

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 Thu Apr 25 2024, market cap of Priority Technology Holdings Inc is 236.47 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 Thu Apr 25 2024, PRTH's PE ratio (Price to Earnings) is -180.38 and Price to Sales (PS) ratio is 0.31. 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.