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NASDAQ:PRCH

Porch Group (PRCH) Stock Price, News & Analysis

$1.24
-0.04 (-3.13%)
(As of 09/6/2024 ET)
Today's Range
$1.23
$1.30
50-Day Range
$1.09
$2.25
52-Week Range
$0.50
$4.78
Volume
744,297 shs
Average Volume
1.35 million shs
Market Capitalization
$122.99 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.18

Porch Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
237.0% Upside
$4.18 Price Target
Short Interest
Bearish
13.08% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.34mentions of Porch Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.67) to ($0.63) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.90 out of 5 stars

Computer And Technology Sector

316th out of 594 stocks

Prepackaged Software Industry

103rd out of 202 stocks

PRCH stock logo

About Porch Group Stock (NASDAQ:PRCH)

Porch Group, Inc., together with its subsidiaries, operates a vertical software and insurance platform in the United States. The company operates in two segments, Vertical Software and Insurance. The Vertical Software segment provides software and services to inspection, mortgage, and title companies on a subscription and transactional basis, as well as move and post-move services. This segment offers inspection software and services, title insurance software, mortgage software, moving services, mover and homeowner marketing, and measurement software for roofers. The Insurance segment offers consumers with insurance and warranty products to protect their homes. This segment provides property-related insurance and captive reinsurance products; and warranty products under the Porch Warranty, American Home Protect, and Residential Warranty Services brands. The company was founded in 2011 and is headquartered in Seattle, Washington.

PRCH Stock Price History

PRCH Stock News Headlines

Porch Group, Inc. (NASDAQ:PRCH) Receives $4.18 Consensus PT from Analysts
Craig-Hallum Remains a Buy on Porch Group (PRCH)
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Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Porch Group Reports Second Quarter 2024 Results
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
What Wall Street expects from Porch Group's earnings
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Today
9/07/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:PRCH
Fax
N/A
Employees
1,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.18
High Stock Price Target
$7.00
Low Stock Price Target
$1.50
Potential Upside/Downside
+237.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$-133,930,000.00
Pretax Margin
-17.93%

Debt

Sales & Book Value

Annual Sales
$470.46 million
Book Value
($0.37) per share

Miscellaneous

Free Float
75,918,000
Market Cap
$122.99 million
Optionable
Optionable
Beta
2.04
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Key Executives

  • Mr. Matthew Ehrlichman (Age 44)
    Founder, Chairman & CEO
    Comp: $1.82M
  • Mr. Shawn Tabak (Age 43)
    Chief Financial Officer
    Comp: $780k
  • Mr. Matthew Neagle (Age 45)
    Chief Operating Officer
    Comp: $1.25M
  • Mr. Ronnie Castro
    Co-Founder & VP of Homeowner Operations
  • Nicole Pelley
    Senior Vice President of Product & Technology
  • Lois Perkins
    Head of Investor Relations
  • Mr. Matthew Cullen
    General Counsel & Secretary
  • Ms. Janet Zimmermann
    Vice President of People
  • Mr. Adam Kornick
    President of InsurTech Division
  • Mr. Andrew Beck
    Head of Contractor Tools SaaS

PRCH Stock Analysis - Frequently Asked Questions

How have PRCH shares performed this year?

Porch Group's stock was trading at $3.08 at the beginning of 2024. Since then, PRCH shares have decreased by 59.7% and is now trading at $1.24.
View the best growth stocks for 2024 here
.

How were Porch Group's earnings last quarter?

Porch Group, Inc. (NASDAQ:PRCH) released its quarterly earnings results on Tuesday, August, 6th. The company reported ($0.65) earnings per share for the quarter, missing the consensus estimate of ($0.58) by $0.07. The company had revenue of $110.84 million for the quarter, compared to analyst estimates of $117.91 million.

Who are Porch Group's major shareholders?

Top institutional shareholders of Porch Group include Fidelity National Financial Inc. (3.50%), Renaissance Technologies LLC (2.20%), Marshall Wace LLP (2.17%) and Acadian Asset Management LLC (1.58%). Insiders that own company stock include Matt Ehrlichman, Park West Asset Management Llc, Matthew Neagle, Shawn Tabak, Sean Davis Kell, Camilla Velasquez and Asha Sharma.
View institutional ownership trends
.

How do I buy shares of Porch Group?

Shares of PRCH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PRCH) was last updated on 9/7/2024 by MarketBeat.com Staff

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