The Providence Service Corporation provides healthcare services in the United States.
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Providence Service's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PRSC's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PRSC matched the US Healthcare industry which returned 14.6% over the past year.
Return vs Market: PRSC exceeded the US Market which returned 3.7% over the past year.
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
2 weeks ago | Simply Wall StProvidence Service (NASDAQ:PRSC) Has A Pretty Healthy Balance Sheet
1 month ago | Simply Wall StProvidence Service (NASDAQ:PRSC) Shareholders Booked A 35% Gain In The Last Five Years
2 months ago | Simply Wall StWho Has Been Buying The Providence Service Corporation (NASDAQ:PRSC) Shares?
Is Providence Service undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PRSC ($75.49) is trading below our estimate of fair value ($134.05)
Significantly Below Fair Value: PRSC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PRSC is poor value based on its PE Ratio (268.7x) compared to the Healthcare industry average (23.1x).
PE vs Market: PRSC is poor value based on its PE Ratio (268.7x) compared to the US market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: PRSC is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: PRSC is overvalued based on its PB Ratio (3x) compared to the US Healthcare industry average (2.7x).
How is Providence Service forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRSC's forecast earnings growth (82.9% per year) is above the savings rate (2.2%).
Earnings vs Market: PRSC's earnings (82.9% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PRSC's revenue (10.1% per year) is forecast to grow faster than the US market (8.9% per year).
High Growth Revenue: PRSC's revenue (10.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PRSC's Return on Equity is forecast to be high in 3 years time
How has Providence Service performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRSC has a large one-off loss of $2.3M impacting its March 31 2020 financial results.
Growing Profit Margin: PRSC's current net profit margins (0.2%) are lower than last year (0.5%).
Past Earnings Growth Analysis
Earnings Trend: PRSC's earnings have grown significantly by 20.7% per year over the past 5 years.
Accelerating Growth: PRSC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PRSC had negative earnings growth (-44.7%) over the past year, making it difficult to compare to the Healthcare industry average (10.1%).
Return on Equity
High ROE: PRSC's Return on Equity (2.5%) is considered low.
How is Providence Service's financial position?
Financial Position Analysis
Short Term Liabilities: PRSC's short term assets ($462.8M) exceed its short term liabilities ($329.1M).
Long Term Liabilities: PRSC's short term assets ($462.8M) exceed its long term liabilities ($62.5M).
Debt to Equity History and Analysis
Debt Level: PRSC's debt to equity ratio (40%) is considered satisfactory.
Reducing Debt: PRSC's debt to equity ratio has reduced from 164.5% to 40% over the past 5 years.
Debt Coverage: PRSC's debt is well covered by operating cash flow (37.6%).
Interest Coverage: PRSC's interest payments on its debt are well covered by EBIT (42.6x coverage).
What is Providence Service's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PRSC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PRSC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PRSC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PRSC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PRSC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan Greenleaf (54yo)
Mr. Daniel E. Greenleaf, also known as Dan, has been President and Chief Executive Officer of The Providence Service Corporation and LogistiCare Solutions, LLC since December 11, 2019. He serves as a Direc ...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD3.76M) is about average for companies of similar size in the US market ($USD3.24M).
Compensation vs Earnings: Insufficient data to compare Dan's compensation with company performance.
|Chief Financial Officer||1.75yrs||US$999.52k||0.027% $263.7k|
|Chief Accounting Officer||1.17yrs||US$518.22k||0.014% $137.1k|
|Senior VP||0.75yr||US$936.44k||0.045% $441.0k|
|Chief Operating Officer||no data||no data||no data|
|Chief Compliance Officer||1yr||no data||no data|
|Chief Executive Officer of Matrix Medical Network||5.58yrs||no data||no data|
|Chief Executive Officer of Ingeus||4.5yrs||no data||no data|
|Interim Chief Executive Officer of Logisticare||no data||no data||no data|
Experienced Management: PRSC's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
|Independent Director||3.83yrs||US$233.61k||0.14% $1.4m|
|Independent Director||3.83yrs||US$241.11k||0.084% $817.4k|
|Independent Director||3.83yrs||US$226.11k||0.069% $672.3k|
|Independent Director||4.5yrs||US$253.61k||0.085% $827.2k|
|Chairman of the Board||7.5yrs||US$253.61k||no data|
|Independent Director||10yrs||US$273.61k||0.26% $2.5m|
Experienced Board: PRSC's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Providence Service Corporation's company bio, employee growth, exchange listings and data sources
- Name: The Providence Service Corporation
- Ticker: PRSC
- Exchange: NasdaqGS
- Founded: 1996
- Industry: Health Care Services
- Sector: Healthcare
- Market Cap: US$974.875m
- Shares outstanding: 12.91m
- Website: https://www.prscholdings.com
Number of Employees
- The Providence Service Corporation
- 700 Canal Street
- Third Floor
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PRSC||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Aug 2003|
|PRF||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Aug 2003|
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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 00:24|
|End of Day Share Price||2020/05/22 00:00|
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.