PRTH Stock Overview
Priority Technology Holdings, Inc. operates as a payment technology company in the United States.
Priority Technology Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$3.65|
|52 Week High||US$7.79|
|52 Week Low||US$3.10|
|1 Month Change||-6.89%|
|3 Month Change||14.06%|
|1 Year Change||-48.48%|
|3 Year Change||-24.27%|
|5 Year Change||n/a|
|Change since IPO||-66.60%|
Recent News & Updates
Priority Technology appoints Tim O'Leary as CFO
Priority Technology (NASDAQ:PRTH) notifies the appointment of Tim O'Leary to the position of CFO. O'Leary replaces Mike Vollkommer, who will retire on September 16. Most recently, O'Leary served as Managing Director and group head of the Technology, Media and Telecom leveraged finance team at Truist Securities where he led financings for a number of payment and technology companies, including Priority.
Priority Technology GAAP EPS of -$0.11 misses by $0.06, revenue of $166.4M beats by $5.02M
Priority Technology press release (NASDAQ:PRTH): Q2 GAAP EPS of -$0.11 misses by $0.06. Revenue of $166.4M (+33.1% Y/Y) beats by $5.02M.
|PRTH||US IT||US Market|
Return vs Industry: PRTH underperformed the US IT industry which returned -39.2% over the past year.
Return vs Market: PRTH underperformed the US Market which returned -23% over the past year.
|PRTH Average Weekly Movement||7.8%|
|IT Industry Average Movement||8.0%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.8%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: PRTH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: PRTH's weekly volatility (8%) has been stable over the past year.
About the Company
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 as our leverage point.
Priority Technology Holdings Fundamentals Summary
|PRTH fundamental statistics|
Is PRTH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PRTH income statement (TTM)|
|Cost of Revenue||US$400.42m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.19|
|Net Profit Margin||-2.48%|
How did PRTH perform over the long term?See historical performance and comparison
Is PRTH undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PRTH?
Other financial metrics that can be useful for relative valuation.
|What is PRTH's n/a Ratio?|
Price to Sales Ratio vs Peers
How does PRTH's PS Ratio compare to its peers?
|PRTH PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
LSAK Lesaka Technologies
CASS Cass Information Systems
PRTH Priority Technology Holdings
Price-To-Sales vs Peers: PRTH is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (1.4x).
Price to Earnings Ratio vs Industry
How does PRTH's PE Ratio compare vs other companies in the US IT Industry?
Price-To-Sales vs Industry: PRTH is good value based on its Price-To-Sales Ratio (0.5x) compared to the US IT industry average (2.4x)
Price to Sales Ratio vs Fair Ratio
What is PRTH's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||0.5x|
|Fair PS Ratio||1.6x|
Price-To-Sales vs Fair Ratio: PRTH is good value based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (1.6x).
Share Price vs Fair Value
What is the Fair Price of PRTH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PRTH ($3.65) is trading above our estimate of fair value ($1.23)
Significantly Below Fair Value: PRTH is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Priority Technology Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if PRTH's forecast earnings growth is above the savings rate (1.9%).
Earnings vs Market: Insufficient data to determine if PRTH's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if PRTH's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PRTH's revenue (13% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: PRTH's revenue (13% 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 PRTH's Return on Equity is forecast to be high in 3 years time
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How has Priority Technology Holdings performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRTH is currently unprofitable.
Growing Profit Margin: PRTH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PRTH is unprofitable, and losses have increased over the past 5 years at a rate of 3% per year.
Accelerating Growth: Unable to compare PRTH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PRTH is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (20.5%).
Return on Equity
High ROE: PRTH has a negative Return on Equity (9.65%), as it is currently unprofitable.
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How is Priority Technology Holdings's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: PRTH's short term assets ($627.4M) exceed its short term liabilities ($603.7M).
Long Term Liabilities: PRTH's short term assets ($627.4M) exceed its long term liabilities ($617.8M).
Debt to Equity History and Analysis
Debt Level: PRTH's net debt to equity ratio (419.1%) is considered high.
Reducing Debt: PRTH's debt to equity ratio has reduced from 1370.7% to 435% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PRTH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PRTH is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2% per year.
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What is Priority Technology Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PRTH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PRTH'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 PRTH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PRTH's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as PRTH has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Priore (53 yo)
Mr. Thomas Charles Priore, also known as Tom, is Executive Chairman and Founding Member of Priority Technology Holdings, Inc. since August 2005 and serves as its President and Chief Executive Officer since...
CEO Compensation Analysis
|Tom Priore's Compensation vs Priority Technology Holdings Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$3m||US$900k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$3m||US$738k|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||US$1m||US$500k|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||US$900k||US$500k|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||US$750k||US$500k|
Compensation vs Market: Tom's total compensation ($USD2.92M) is above average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.
Experienced Management: PRTH's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: PRTH's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PRTH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|26 Aug 22||BuyUS$103,740||Stephen Hipp||Individual||26,000||US$3.99|
|25 May 22||BuyUS$31,740||Stephen Hipp||Individual||6,000||US$5.29|
|18 May 22||SellUS$1,210,000||Sean Kiewiet||Individual||250,000||US$4.84|
|30 Nov 21||BuyUS$165||Stephen Hipp||Individual||27||US$6.10|
|26 Nov 21||BuyUS$18,150||Stephen Hipp||Individual||3,000||US$6.05|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Priority Technology Holdings, Inc.'s employee growth, exchange listings and data sources
- Name: Priority Technology Holdings, Inc.
- Ticker: PRTH
- Exchange: NasdaqCM
- Founded: 2005
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Implied Market Cap: US$280.031m
- Shares outstanding: 76.72m
- Website: https://www.prth.com
Number of Employees
- Priority Technology Holdings, Inc.
- 2001 Westside Parkway
- Suite 155
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PRTH||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Jul 2018|
|PRTH.U||OTCPK (Pink Sheets LLC)||UNITS(1 COM & 1 WT EXP)||US||USD||Jul 2018|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/26 00:00|
|End of Day Share Price||2022/09/26 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.