Q: Hi, How is the Recent Earnings History of the company ? Does it usually beat estimates? Stock price has shot up, over past 6 months. Is this because of Co. producing stellar results and projecting high growth in the sub-prime sector, or the Co. received recognition/got discovered by retail investors/portfolio Managers, after flying under the radar for so long. Besides 48% Insider Ownership, are there any institutional holders ?
What are street estimates and your expectations, when Co reports next week ?
We have taken a 1% starter position and keenly watching, how Co/Stock performs, next week.
Thank You
What are street estimates and your expectations, when Co reports next week ?
We have taken a 1% starter position and keenly watching, how Co/Stock performs, next week.
Thank You
5i Research Answer:
PRL has not been public that long; it has beaten estimates in six of the past eight quarters. It has been reporting much better earnings and has also made big hikes to its dividend. This has gotten it noticed, and also simply being bigger allows more investors to consider it. Our data shows 11 institutional holders, collectively owning about 3%. Estimates call for 51c in EPS and $132.7M in revenue.