A share price of Porch Group Inc [PRCH] is currently trading at $4.64, up 5.45%. An important factor to consider is whether the stock is rising or falling in short-term value. The PRCH shares have gain 8.16% over the last week, with a monthly amount drifted -6.26%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Loop Capital downgraded its rating to Hold on March 15, 2023, and dropped its price target to $2. On November 09, 2022, downgrade downgraded it’s rating to Neutral. Keefe Bruyette downgraded its rating to a Mkt Perform and reduced its price target to $3.25 on July 25, 2022. Compass Point started tracking with a Buy rating for this stock on May 25, 2022, and assigned it a price target of $11.50. In a note dated May 23, 2022, JP Morgan initiated an Overweight rating and provided a target price of $8 on this stock.
Porch Group Inc experienced fluctuations in its stock price throughout the past year between $1.05 and $6.03. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. Porch Group Inc [NASDAQ: PRCH] shares were valued at $4.64 at the most recent close of the market. An investor can expect a potential drop of -13.79% based on the average PRCH price forecast.
Analyzing the PRCH fundamentals
Trailing Twelve Months sales for Porch Group Inc [NASDAQ:PRCH] were 452.10M which represents -14.17% decline. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at -0.15%, Pretax Profit Margin comes in at -0.14%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is 1.02 and Total Capital is -0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-5.18.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.37 points at the first support level, and at 4.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.79, and for the 2nd resistance point, it is at 4.93.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Porch Group Inc [NASDAQ:PRCH] is 0.79. On the other hand, the Quick Ratio is 0.79, and the Cash Ratio is 0.42. Considering the valuation of this stock, the price to sales ratio is 1.05.
Transactions by insiders
Recent insider trading involved Tabak Shawn, CHIEF FINANCIAL OFFICER, that happened on Dec 16 ’24 when 21774.0 shares were sold. Officer, Tabak Shawn completed a deal on Dec 16 ’24 to buy 21774.0 shares. Meanwhile, CHIEF FINANCIAL OFFICER Tabak Shawn sold 12500.0 shares on Dec 06 ’24.
