NasdaqGS:PRSC

Stock Analysis Report

Executive Summary

The Providence Service Corporation provides healthcare services in the United States.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.

Risks

  • Providence Service is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Providence Service's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.3%

PRSC

-0.04%

US Healthcare

-0.6%

US Market


1 Year Return

-11.0%

PRSC

-9.1%

US Healthcare

0.6%

US Market

PRSC underperformed the Healthcare industry which returned -9.1% over the past year.

PRSC underperformed the Market in United States of America which returned 0.6% over the past year.


Share holder returns

PRSCIndustryMarket
7 Day-3.3%-0.04%-0.6%
30 Day1.6%-0.5%2.2%
90 Day-7.6%-1.6%1.1%
1 Year-11.0%-11.0%-7.7%-9.1%2.9%0.6%
3 Year23.8%23.8%29.6%24.3%44.6%35.2%
5 Year22.8%22.8%66.1%56.2%61.9%44.2%

Price Volatility Vs. Market

How volatile is Providence Service's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

1578.2x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Providence Service's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Providence Service's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Providence Service is overvalued based on earnings compared to the US Healthcare industry average.

Providence Service is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Providence Service is poor value based on expected growth next year.


Price Based on Value of Assets

Providence Service is good value based on assets compared to the US Healthcare industry average.


Next Steps

Future Growth

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

152.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Providence Service's revenue is expected to grow by 5.7% yearly, however this is not considered high growth (20% yearly).

Providence Service's earnings are expected to grow significantly at over 20% yearly.

Providence Service's revenue growth is positive but not above the United States of America market average.

Providence Service's earnings growth is expected to exceed the United States of America market average.

Providence Service's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Providence Service will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Providence Service performed over the past 5 years?

9.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Providence Service's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

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 US Healthcare industry average.


Return on Equity

Providence Service has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Providence Service used its assets less efficiently than the US Healthcare industry average last year based on Return on Assets.


Return on Capital Employed

Providence Service has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Providence Service's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

Providence Service has no debt.

Providence Service has no debt compared to 5 years ago when it was 108.4%.

Providence Service has no debt, it does not need to be covered by operating cash flow.

Providence Service has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Providence Service has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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.

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

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.


Next Steps

Management

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

1.1yrs

Average management tenure


CEO

R. Pate (64yo)

1.8yrs

Tenure

US$710,905

Compensation

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 has been Interim Chief Executive Officer at Logist ...


CEO Compensation Analysis

Insufficient data for R. to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.

Insufficient data for R. to compare compensation growth.


Management Age and Tenure

1.1yrs

Average Tenure

55yo

Average Age

The average tenure for the Providence Service management team is less than 2 years, this suggests a new team.


Board Age and Tenure

3.5yrs

Average Tenure

62.5yo

Average Age

The tenure for the Providence Service board of directors is about average.


Insider Trading

More shares have been bought than sold by Providence Service individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$49,93916 Aug 19
Kevin Dotts
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares864
Max PriceUS$57.80
BuyUS$57,97016 Aug 19
R. Pate
EntityIndividual
Role
Chief Executive Officer
Interim Chief Executive Officer
Shares1,000
Max PriceUS$57.97

Ownership Breakdown


Management Team

  • Albert Cortina

    Interim Chief Executive Officer of Logisticare

    • Tenure: 0yrs
  • Kevin Dotts (55yo)

    Chief Financial Officer

    • Tenure: 1.1yrs
  • R. Pate (64yo)

    Interim Chief Executive Officer

    • Tenure: 1.8yrs
    • Compensation: US$710.91k
  • Jack Sawyer (41yo)

    Chief Executive Officer of Ingeus

    • Tenure: 3.8yrs
  • Walt Cooper (56yo)

    Chief Executive Officer of Matrix Medical Network

    • Tenure: 4.9yrs
  • Kathryn Stalmack

    Senior VP

    • Tenure: 0.08yrs
  • Suzanne Smith (51yo)

    Chief Accounting Officer

    • Tenure: 0.6yrs
  • Julie Correll

    Chief Compliance Officer

    • Tenure: 0.3yrs

Board Members

  • Dave Coulter (71yo)

    Independent Director

    • Tenure: 3.2yrs
    • Compensation: US$223.67k
  • Frank Wright (71yo)

    Independent Director

    • Tenure: 3.2yrs
    • Compensation: US$231.86k
  • Todd Carter (56yo)

    Independent Director

    • Tenure: 3.2yrs
    • Compensation: US$218.07k
  • Leslie Norwalk (54yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$238.73k
  • Chris Shackelton (39yo)

    Chairman of the Board

    • Tenure: 6.8yrs
    • Compensation: US$251.23k
  • Rich Kerley (69yo)

    Director

    • Tenure: 9.3yrs
    • Compensation: US$249.98k

Company Information

The Providence Service Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Providence Service Corporation
  • Ticker: PRSC
  • Exchange: NasdaqGS
  • Founded: 1996
  • Industry: Health Care Services
  • Sector: Healthcare
  • Market Cap: US$759.281m
  • Shares outstanding: 12.90m
  • Website: https://www.prscholdings.com

Number of Employees


Location

  • The Providence Service Corporation
  • 700 Canal Street
  • Third Floor
  • Stamford
  • Connecticut
  • 6902
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRSCNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDAug 2003
PRFDB (Deutsche Boerse AG)YesCommon StockDEEURAug 2003

Biography

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 Servic ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 23:50
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.