PRA Group, Inc., a financial services company, engages in the purchase, collection, and management of portfolios of nonperforming loans worldwide. The company purchases accounts that are primarily unpaid obligations of individuals owed to credit originators. It also purchases and collects nonperforming loans, which are sold by credit originators when they choose not to pursue, or have been unsuccessful in, collecting the full balance owed. In addition, the company is involved in purchasing and collecting on nonperforming loans where the customer is involved in a bankruptcy or similar proceeding; and purchase and provide fee-based services for class action claims recoveries. Its nonperforming loans, includes general purpose and private label credit cards, consumer loans, auto loans, overdrafts, and small business loans. The company was formerly known as Portfolio Recovery Associates, Inc. and changed its name to PRA Group, Inc. in October 2014. PRA Group, Inc. was founded in 1996 and is headquartered in Norfolk, Virginia.
Debt Buying Dynamo | PRA Group's robust performance in nonperforming loan acquisition and collection showcases its industry leadership and strategic positioning for growth |
Financial Fortitude | Explore PRA's impressive financial metrics, including 38.87% revenue growth, 100% gross profit margin, and a 17% increase in Estimated Remaining Collections |
Operational Excellence | Delve into PRA's strategic initiatives, including offshore call center expansion and legal collections refinement, driving efficiency and positioning for future success |
Market Momentum | Learn about favorable industry conditions and PRA's outlook, with analysts projecting continued growth and a price target range of $33 to $35 per share |
Metrics to compare | PRAA | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipPRAAPeersSector | |
---|---|---|---|---|
P/E Ratio | 6.6x | −0.7x | 9.5x | |
PEG Ratio | 0.00 | 0.08 | 0.03 | |
Price/Book | 0.5x | 2.0x | 1.0x | |
Price / LTM Sales | 0.5x | 0.9x | 2.8x | |
Upside (Analyst Target) | 53.3% | 20.5% | 13.3% | |
Fair Value Upside | Unlock | 35.1% | 1.6% | Unlock |