Priority Technology Holdings
PRTH
Market cap $663M

8.59 USD

-0.05

0.58%

At close Dec 20, 4:00 PM EST

After hours

8.59

+0.00

0.00%

1 day

-0.58%

5 days

-4.34%

1 month

0.35%

3 months

27.26%

6 months

79.33%

Year to date

141.97%

1 year

138.61%

5 years

230.38%

10 years

-12.35%

About: Priority Technology Holdings Inc is a provider of merchant acquiring and commercial payment solutions to small and medium businesses enterprises in the United States. The company has three reportable segments which are SMB Payments, B2B Payments and Enterprise Payments. SMB Payments segment which generates majority revenue provides full-service acquiring and payment-enabled solutions for B2C transactions, leveraging priority's proprietary software platform, distributed through ISO; B2B Payments segment provides AP automation solutions to corporations, software partners and industry FIs: and Enterprise Payments segment provides embedded payment and treasury solutions to enterprise customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments.

Employees: 983

Industrials Business Services

0

Funds holding %

of 6,809 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

120% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 10

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

47% more capital invested

Capital invested by funds: $45.6M [Q2] → $67M (+$21.4M) [Q3]

12% more funds holding

Funds holding: 50 [Q2] → 56 (+6) [Q3]

2.0% more ownership

Funds ownership: 10.78% [Q2] → 12.78% (+2.0%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$10

16%

upside

Avg. target

$13

51%

upside

High target

$16

86%

upside

3 analyst ratings

2 positive

67%

1 neutral

33%

0 negative

0%

B. Riley Securities Hal Goetsch 82% 1-year accuracy 23 / 28 met price target	86%upside $16	Buy Maintained	25 Nov 2024
Keefe, Bruyette & Woods Timothy Switzer 89% 1-year accuracy 17 / 19 met price target	16%upside $10	Market Perform Maintained	22 Nov 2024
Lake Street Jacob Stephan 78% 1-year accuracy 7 / 9 met price target	51%upside $13	Buy Maintained	22 Nov 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about PRTH published over the past 30 days

Zacks Investment Research

Priority Technology (PRTH) Is Attractively Priced Despite Fast-paced Momentum

Priority Technology (PRTH) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Priority Technology (PRTH) Is Attractively Priced Despite Fast-paced Momentum

Zacks Investment Research

Wall Street Analysts Believe Priority Technology (PRTH) Could Rally 36.92%: Here's is How to Trade

The average of price targets set by Wall Street analysts indicates a potential upside of 36.9% in Priority Technology (PRTH). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Priority Technology (PRTH) Could Rally 36.92%: Here's is How to Trade

Zacks Investment Research

Is Priority Technology (PRTH) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Priority Technology (PRTH) Stock Undervalued Right Now?

Zacks Investment Research

Priority Technology (PRTH) Shows Fast-paced Momentum But Is Still a Bargain Stock

Priority Technology (PRTH) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Priority Technology (PRTH) Shows Fast-paced Momentum But Is Still a Bargain Stock

Zacks Investment Research

What Makes Priority Technology (PRTH) a Strong Momentum Stock: Buy Now?

Does Priority Technology (PRTH) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Priority Technology (PRTH) a Strong Momentum Stock: Buy Now?

Priority Technology Holdings, Inc., Files Shelf Registration Statement

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the payments and banking solution that streamlines collecting, lending and sending money to unlock revenue opportunities, today announced that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC) for registration of shares of the Company's common stock. If and when declared effective by the SEC, the shelf registration statement w.

Priority Technology Holdings, Inc., Files Shelf Registration Statement

Zacks Investment Research

Should Value Investors Buy Priority Technology (PRTH) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Priority Technology (PRTH) Stock?

Priority Technology Holdings, Inc., Announces Redemption of Preferred Stock and Simplified Capital Structure

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the successful redemption in full of the remaining preferred stock on its balance sheet. The redemption was completed with proceeds from a $115 million increase to its existing term loan due May 2031. The redemption totaled $113.3 millio.

Priority Technology Holdings, Inc., Announces Redemption of Preferred Stock and Simplified Capital Structure

Priority Technology Holdings, Inc. (PRTH) Q3 2024 Earnings Call Transcript

Priority Technology Holdings, Inc. (NASDAQ:PRTH ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Chris Kettmann - Investor Relations Tom Priore - Chairman & Chief Executive Officer Tim O'Leary - Chief Financial Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Jacob Stephan - Lake Street Capital Markets Hal Goetsch - Loop Capital Clark Orsky - Obra Capital Operator Good day, and welcome to the Priority Technology Holdings Third Quarter 2024 Earnings Call. All participants will be in listen-only mode.

Priority Technology Holdings, Inc. (PRTH) Q3 2024 Earnings Call Transcript

Priority's B2B Business Helps Fuel 20% Jump in Revenues

Priority Technology Holdings says its B2B business has helped it reach “record” results. The payments and banking FinTech reported quarterly earnings Thursday (Nov. 7) showing revenues of $227 million, up 20% from $189 million.

Priority's B2B Business Helps Fuel 20% Jump in Revenues

See News Rankings

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