Porch Group Stock Today
| PRCH Stock | USD 1.91 0.13 6.37% |
Performance0 of 100
| Odds Of DistressOver 81
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Porch is trading at 1.91 as of the 7th of June 2024. This is a -6.37 percent down since the beginning of the trading day. The stock's open price was 2.04. Porch has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Porch Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of May 2024 and ending today, the 7th of June 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 13th of January 2020 | Category Technology | Classification Information Technology |
Porch Group, Inc. operates a software platform in the United States and Canada. The company was incorporated in 2011 and is headquartered in Seattle, Washington. Porch operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 99.19 M outstanding shares of which 7.73 M shares are at this time shorted by private and institutional investors with about 8.62 trading days to cover. More on Porch Group
Moving together with Porch Stock
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| 0.85 | DV | DoubleVerify Holdings | PairCorr |
| 0.71 | EB | Eventbrite Class A | PairCorr |
Moving against Porch Stock
Follow Valuation Options Odds of Bankruptcy
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Porch Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President Division | Adam Kornick | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Porch can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Porch's financial leverage. It provides some insight into what part of Porch's total assets is financed by creditors.
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Porch Group (PRCH) is traded on NASDAQ Exchange in USA. It is located in 411 1st Avenue S., Seattle, WA, United States, 98104 and employs 864 people. Porch is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 202.34 M. Porch Group conducts business under Software sector and is part of Information Technology industry. The entity has 99.19 M outstanding shares of which 7.73 M shares are at this time shorted by private and institutional investors with about 8.62 trading days to cover.
Porch Group currently holds about 279.17 M in cash with 33.93 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.8, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Porch Probability Of Bankruptcy
Ownership AllocationPorch owns a total of 99.19 Million outstanding shares. Over half of Porch's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Porch Ownership Details
Porch Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Jefferies Financial Group Inc | 2023-12-31 | 941.3 K | |
| Geode Capital Management, Llc | 2023-12-31 | 888.7 K | |
| Jane Street Group, Llc | 2023-12-31 | 721.9 K | |
| Portolan Capital Management, Llc | 2024-03-31 | 631.5 K | |
| Susquehanna International Group, Llp | 2023-12-31 | 587.4 K | |
| Gsa Capital Partners Llp | 2024-03-31 | 579.5 K | |
| Whetstone Capital Advisors, Llc | 2024-03-31 | 573.8 K | |
| Two Sigma Investments Llc | 2024-03-31 | 496.3 K | |
| Renaissance Technologies Corp | 2023-12-31 | 458.9 K | |
| Granahan Investment Management Inc.. | 2024-03-31 | 11 M | |
| Fidelity National Title Group, Inc. | 2024-03-31 | 4.2 M |
Porch Historical Income Statement
Porch Stock Against Markets
Porch Corporate Management
| Ronnie Castro | CoFounder Operations | Profile | |
| Emily Lear | Head Mang | Profile | |
| Lois Perkins | Head Relations | Profile | |
| Janet Zimmermann | Vice People | Profile | |
| Andrew Beck | Head SaaS | Profile | |
| Shawn Tabak | Chief Officer | Profile |
Additional Information and Resources on Investing in Porch Stock
When determining whether Porch Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Porch's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Porch Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Porch Group Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Porch Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Porch. If investors know Porch will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Porch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.12) | Revenue Per Share 4.743 | Quarterly Revenue Growth 0.321 | Return On Assets (0.09) | Return On Equity (153.11) |
The market value of Porch Group is measured differently than its book value, which is the value of Porch that is recorded on the company's balance sheet. Investors also form their own opinion of Porch's value that differs from its market value or its book value, called intrinsic value, which is Porch's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Porch's market value can be influenced by many factors that don't directly affect Porch's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Porch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Porch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Porch's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.