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Providence Service

DB:PRF
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PRF
DB
$830M
Market Cap
  1. Home
  2. DE
  3. Healthcare
Company description

The Providence Service Corporation provides healthcare services in the United States. The last earnings update was 17 days ago. More info.


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PRF Share Price and Events
7 Day Returns
5.2%
DB:PRF
4.4%
DE Healthcare
1.8%
DE Market
1 Year Returns
2.5%
DB:PRF
-19.9%
DE Healthcare
-8.9%
DE Market
PRF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Providence Service (PRF) 5.2% -9.7% 4% 2.5% 27% 185.7%
DE Healthcare 4.4% 3.1% 16.5% -19.9% -14.7% 36%
DE Market 1.8% 2.7% 7.2% -8.9% 9.3% 11.7%
1 Year Return vs Industry and Market
  • PRF outperformed the Healthcare industry which returned -19.9% over the past year.
  • PRF outperformed the Market in Germany which returned -8.9% over the past year.
Price Volatility
PRF
Industry
5yr Volatility vs Market

Value

 Is Providence Service undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Providence Service. This is due to cash flow or dividend data being unavailable. The share price is €57.37.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Providence Service's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Providence Service's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:PRF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.92
NasdaqGS:PRSC Share Price ** NasdaqGS (2019-03-18) in USD $64.64
Germany Healthcare Industry PE Ratio Median Figure of 10 Publicly-Listed Healthcare Companies 33.75x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 19.52x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Providence Service.

DB:PRF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:PRSC Share Price ÷ EPS (both in USD)

= 64.64 ÷ 0.92

70.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Providence Service is overvalued based on earnings compared to the DE Healthcare industry average.
  • Providence Service is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Providence Service's expected growth come at a high price?
Raw Data
DB:PRF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 70.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
58.2%per year
Germany Healthcare Industry PEG Ratio Median Figure of 7 Publicly-Listed Healthcare Companies 1.15x
Germany Market PEG Ratio Median Figure of 275 Publicly-Listed Companies 1.42x

*Line of best fit is calculated by linear regression .

DB:PRF PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 70.1x ÷ 58.2%

1.2x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Providence Service is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Providence Service's assets?
Raw Data
DB:PRF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $24.27
NasdaqGS:PRSC Share Price * NasdaqGS (2019-03-18) in USD $64.64
Germany Healthcare Industry PB Ratio Median Figure of 12 Publicly-Listed Healthcare Companies 1.51x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.76x
DB:PRF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:PRSC Share Price ÷ Book Value per Share (both in USD)

= 64.64 ÷ 24.27

2.66x

* Primary Listing of Providence Service.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Providence Service is overvalued based on assets compared to the DE Healthcare industry average.
X
Value checks
We assess Providence Service's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Healthcare industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Healthcare industry average (and greater than 0)? (1 check)
  5. Providence Service has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Providence Service expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
58.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Providence Service expected to grow at an attractive rate?
  • Providence Service's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Providence Service's earnings growth is expected to exceed the Germany market average.
  • Providence Service's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:PRF Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:PRF Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 58.2%
DB:PRF Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 5.3%
Germany Healthcare Industry Earnings Growth Rate Market Cap Weighted Average 2.9%
Germany Healthcare Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:PRF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:PRF Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 1,542 47 1
2019-12-31 1,468 31 1
DB:PRF Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,385 8 12
2018-09-30 1,646 41 30
2018-06-30 1,634 38 37
2018-03-31 1,630 44 51
2017-12-31 1,318 55 40
2017-09-30 1,603 33 -23
2017-06-30 1,606 13 -32
2017-03-31 1,596 43 -34
2016-12-31 1,234 42 12
2016-09-30 1,566 33 -35
2016-06-30 1,533 27 -43
2016-03-31 1,440 33 -44

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Providence Service's earnings are expected to grow significantly at over 20% yearly.
  • Providence Service's revenue is expected to grow by 5.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:PRF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Providence Service Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PRF Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 3.66 3.66 3.66 1.00
2019-12-31 2.40 2.40 2.40 1.00
DB:PRF Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.92
2018-09-30 2.32
2018-06-30 2.78
2018-03-31 3.81
2017-12-31 2.97
2017-09-30 -1.66
2017-06-30 -2.32
2017-03-31 -2.39
2016-12-31 0.81
2016-09-30 -2.35
2016-06-30 -2.79
2016-03-31 -2.82

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Providence Service will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Providence Service's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Providence Service has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Providence Service performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Providence Service's growth in the last year to its industry (Healthcare).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Providence Service's year on year earnings growth rate has been positive over the past 5 years.
  • Providence Service's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Providence Service's 1-year earnings growth is negative, it can't be compared to the DE Healthcare industry average.
Earnings and Revenue History
Providence Service's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Providence Service Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PRF Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,384.97 11.95 35.97
2018-09-30 1,646.05 30.50 66.12
2018-06-30 1,634.25 36.98 72.13
2018-03-31 1,630.43 51.23 73.65
2017-12-31 1,318.22 40.35 41.29
2017-09-30 1,602.81 -22.82 70.11
2017-06-30 1,605.57 -32.42 68.03
2017-03-31 1,595.70 -34.24 66.80
2016-12-31 1,233.84 11.89 37.93
2016-09-30 1,565.64 -35.26 62.88
2016-06-30 1,532.93 -43.08 65.85
2016-03-31 1,440.22 -44.32 66.19
2015-12-31 1,478.01 -39.87 73.15
2015-09-30 1,473.11 10.11 71.62
2015-06-30 1,403.01 16.80 68.64
2015-03-31 1,266.64 22.33 54.03
2014-12-31 1,092.88 24.51 60.39
2014-09-30 1,044.75 15.92 43.63
2014-06-30 1,011.99 18.20 38.19
2014-03-31 1,130.60 19.05 48.52
2013-12-31 798.77 13.11 25.59
2013-09-30 1,132.36 18.95 51.05
2013-06-30 1,135.93 16.58 52.04
2013-03-31 1,127.23 12.12 53.10
2012-12-31 1,105.89 8.48 53.38
2012-09-30 1,063.68 8.57 50.43
2012-06-30 1,018.95 9.37 51.05
2012-03-31 975.32 15.51 49.68

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Providence Service has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Providence Service used its assets less efficiently than the DE Healthcare industry average last year based on Return on Assets.
  • Providence Service has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Providence Service's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Healthcare industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Providence Service has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Providence Service's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Providence Service's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Providence Service is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Providence Service's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Providence Service's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 197x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Providence Service Company Filings, last reported 2 months ago.

DB:PRF Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 388.39 1.07 5.68
2018-09-30 377.24 37.58 47.49
2018-06-30 369.36 2.22 29.70
2018-03-31 398.60 2.36 86.23
2017-12-31 413.56 2.98 52.80
2017-09-30 381.75 2.09 92.18
2017-06-30 363.23 3.05 56.58
2017-03-31 355.05 2.94 82.88
2016-12-31 375.24 3.61 72.26
2016-09-30 314.10 323.35 52.36
2016-06-30 333.65 308.08 68.82
2016-03-31 348.51 307.85 95.22
2015-12-31 367.71 300.07 79.76
2015-09-30 312.93 482.04 106.72
2015-06-30 320.81 488.33 145.16
2015-03-31 305.82 504.02 170.13
2014-12-31 221.41 574.61 135.26
2014-09-30 175.73 191.60 136.90
2014-06-30 176.79 191.60 123.00
2014-03-31 157.41 123.50 105.84
2013-12-31 150.64 123.50 99.00
2013-09-30 145.82 123.50 91.10
2013-06-30 138.57 123.50 73.97
2013-03-31 127.10 127.25 83.08
2012-12-31 118.69 130.00 55.86
2012-09-30 114.94 140.50 63.76
2012-06-30 115.77 145.49 50.18
2012-03-31 113.39 147.99 47.05
  • Providence Service's level of debt (0.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (81.9% vs 0.3% today).
  • Debt is well covered by operating cash flow (737.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 27.5x coverage).
X
Financial health checks
We assess Providence Service's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Providence Service has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Providence Service's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Providence Service dividends.
If you bought €2,000 of Providence Service shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Providence Service's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Providence Service's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:PRF Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Germany Healthcare Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 1.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:PRF Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Providence Service has not reported any payouts.
  • Unable to verify if Providence Service's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Providence Service's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Providence Service has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Providence Service's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Providence Service afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Providence Service has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Providence Service's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
R. Pate
COMPENSATION $710,905
AGE 63
TENURE AS CEO 1.3 years
CEO Bio

Mr. R. Carter Pate, CPA, FCPA, CFE, CGFM, has been Interim Chief Executive Officer at The Providence Service Corporation since November 15, 2017. Mr. Pate is the Founder and Chief Executive Officer of Phoenix Effect, LLC. He serves as Founder and Chief Executive Officer at Carter Pate, LLC. Mr. Pate served as the Chief Executive Officer and Strategic Advisor to the Board of Directors of MV Transportation, Inc. from 2011 to 2014. Mr. Pate joined MV Transportation with more than 34 years of consulting, management and executive leadership experience spanning the full spectrum of business operations and finance in both the public and private sectors. He has worked extensively with Federal, State and Local governments, including the Department of Defense, Department of Veteran Affairs, Department of Transportation and NASA. He served as Chairman of the Board of Sun Television and Appliances, Inc. since February 1997 and interim President and Chief Executive Officer since May 1997. He held multiple leadership positions and advised Fortune 500 companies and G-20 governments. He was Principal of Business Regeneration Services, LLC, a subsidiary of Price Waterhouse (BRS), since March 1996. Prior to joining MV in August 2011, he served as the Global and U.S. Managing Partner for the Capital Projects, Infrastructure and Government practice/Global and US Leader of CP&I, Managing Partner of Federal Practice and Managing Partner of Advisory Services at PricewaterhouseCoopers LLP, headquartered in New York City. As Managing Partner, he directed more than $300 million in global transportation, infrastructure and capital improvement public and private sector projects for PwC in the areas of: high speed rail, toll roads, light rail, airports and seaports. In this role, he worked extensively throughout Europe, notably Russia and the UK, as well as the Middle East, Brazil, China, Singapore and Australia. He is an acknowledged leader in transformational change, financial and operational controls, balance sheet restructuring, asset and cost realignment, workforce optimization, systems integration and primary and secondary financing. Prior to joining PwC, he was the Founding Partner of Pate, Winters & Stone, Inc. (PWS) providing management and consulting services in the areas of: crisis management, turnarounds, balance sheet restructurings, workouts and bankruptcies of public companies. He served as an Interim President, President and Chief Executive Officer at Sun Coast Industries, Inc., where he led it from the NASDAQ exchange to the NYSE in less than one year. He serves as the Chairman of the Board at Greensboro College, Inc. He has been a Trustee of Greensboro College, Inc. since 1994. He served as a Member of the Board of Directors at Sun Coast Industries, Inc. He served as Director of MV Transportation, Inc. He has been featured in countless news articles for publications such as, The Wall Street Journal, Forbes Magazine, Fortune Magazine, USA Today, Newsweek, Dallas Morning News, Dallas Business Journal and D Magazine. He has also been regularly featured on CNN, CNN-FN, CNBC, AT&T Broadband, Daily Deal, Money Talks and other news programs. He has been Non-Executive Chairman of BioScrip, Inc. since June 16, 2016. He has been a Director of Advanced Emissions Solutions, Inc. since June 22, 2016. He has been a Director of BioScrip, Inc. since May 11, 2015. He served as Director at Sun Television And Appliances Inc. He served as a Board Governance Fellow by the National Association of Corporate Directors. He is an Author of The Phoenix Effect: Nine Revitalizing Strategies No Company Can Do Without, published by John Wiley & Sons, Inc., was released in March 2002. He holds the following certifications: Certified Public Accountant (CPA) in New York, Virginia, District of Columbia and Texas, Certified Fraud Examiner (CFE), Certified Forensic Public Accountant (FCPA), Certified Government Financial Manager (CGFM), Certified Insolvency Reorganization Accountant (CIRA), Certified Turnaround Professional (CTP) and Member American Institute of Certified Public Accountants (AICPA). He is a Certified Public Accountant, a Forensic Certified Public Accountant and a Certified Insolvency and Reorganization Accountant. Mr. Pate earned a BS in Accounting from Greensboro College in 1978 and a Master’s degree in Accounting from the University of Texas at Dallas.

CEO Compensation
  • Insufficient data for R. to compare compensation growth.
  • R.'s remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Providence Service management team in years:

0.6
Average Tenure
52.5
Average Age
  • The average tenure for the Providence Service management team is less than 2 years, this suggests a new team.
Management Team

R. Pate

TITLE
Interim Chief Executive Officer
COMPENSATION
$711K
AGE
63
TENURE
1.3 yrs

Bill Severance

TITLE
Executive VP of Finance & Office of the Providence CEO
COMPENSATION
$1M
AGE
51
TENURE
0.6 yrs

Kevin Dotts

TITLE
Chief Financial Officer
AGE
54
TENURE
0.6 yrs

Suzanne Smith

TITLE
Chief Accounting Officer
AGE
50
TENURE
0.1 yrs

Margaret Gaston

TITLE
Senior VP
TENURE
0.2 yrs

Walt Cooper

TITLE
Chief Executive Officer of Matrix Medical Network
AGE
55
TENURE
4.4 yrs

Jack Sawyer

TITLE
Chief Executive Officer of Ingeus
AGE
40
TENURE
3.3 yrs

Albert Cortina

TITLE
Interim Chief Executive Officer of Logisticare
Board of Directors Tenure

Average tenure and age of the Providence Service board of directors in years:

3
Average Tenure
61.5
Average Age
  • The tenure for the Providence Service board of directors is about average.
Board of Directors

Chris Shackelton

TITLE
Chairman of the Board
COMPENSATION
$251K
AGE
38
TENURE
6.3 yrs

Rich Kerley

TITLE
Director
COMPENSATION
$250K
AGE
68
TENURE
8.8 yrs

Leslie Norwalk

TITLE
Director
COMPENSATION
$239K
AGE
53
TENURE
3.3 yrs

Todd Carter

TITLE
Independent Director
COMPENSATION
$218K
AGE
55
TENURE
2.7 yrs

Dave Coulter

TITLE
Independent Director
COMPENSATION
$224K
AGE
70
TENURE
2.7 yrs

Frank Wright

TITLE
Independent Director
COMPENSATION
$232K
AGE
70
TENURE
2.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
12. Jun 18 Sell Coliseum Capital Management, LLC Company 11. Jun 18 11. Jun 18 -35,034 €64.18 €-2,248,415
07. Jun 18 Sell Coliseum Capital Management, LLC Company 05. Jun 18 06. Jun 18 -158,565 €63.32 €-9,936,315
01. Jun 18 Sell Coliseum Capital Management, LLC Company 30. May 18 01. Jun 18 -177,035 €64.36 €-11,100,376
30. May 18 Sell Coliseum Capital Management, LLC Company 25. May 18 25. May 18 -3,041 €63.66 €-193,578
24. May 18 Sell Coliseum Capital Management, LLC Company 22. May 18 24. May 18 -55,523 €63.81 €-3,532,279
X
Management checks
We assess Providence Service's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Providence Service has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

The Providence Service Corporation provides healthcare services in the United States. It operates through Non-Emergency Transportation Services (NET Services) and Matrix Investment segments. The NET Services segment offers non-emergency medical transportation services for Medicaid or Medicare eligible members, whose limited mobility or financial resources hinder their ability to access necessary healthcare and social services. The Matrix Investment segment provides home and mobile-based healthcare services, including comprehensive health assessments, quality gap closure visits, level of service needs assessments, and post-acute and chronic care management services through a network of community-based clinicians, and a fleet of mobile health clinics. The company was founded in 1996 and is headquartered in Stamford, Connecticut.

Details
Name: The Providence Service Corporation
PRF
Exchange: DB
Founded: 1996
$731,855,304
12,833,846
Website: http://www.prscholdings.com
Address: The Providence Service Corporation
700 Canal Street,
Third Floor,
Stamford,
Connecticut, 06902,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS PRSC Common Stock Nasdaq Global Select US USD 19. Aug 2003
DB PRF Common Stock Deutsche Boerse AG DE EUR 19. Aug 2003
Number of employees
Current staff
Staff numbers
4,000
Providence Service employees.
Industry
Health Care Services
Healthcare
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 20:33
End of day share price update: 2019/03/18 00:00
Last estimates confirmation: 2019/03/01
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.