PRTH icon

Priority Technology Holdings

9.29 USD
+0.33
3.68%
Updated Jan 22, 10:48 AM EST
1 day
3.68%
5 days
-1.38%
1 month
0.76%
3 months
59.62%
6 months
64.13%
Year to date
-19.15%
1 year
149.73%
5 years
213.85%
10 years
-5.20%
 

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

0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

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

140% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 5

120% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 10

47% more capital invested

Capital invested by funds: $45.6M [Q2] → $67.2M (+$21.6M) [Q3]

12% more funds holding

Funds holding: 50 [Q2] → 56 (+6) [Q3]

2.04% more ownership

Funds ownership: 10.79% [Q2] → 12.83% (+2.04%) [Q3]

0% more funds holding in top 10

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

Research analyst outlook

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

Low target
$10
8%
upside
Avg. target
$13
40%
upside
High target
$16
72%
upside

3 analyst ratings

positive
67%
neutral
33%
negative
0%
B. Riley Securities
Hal Goetsch
80% 1-year accuracy
24 / 30 met price target
72%upside
$16
Buy
Maintained
25 Nov 2024
Keefe, Bruyette & Woods
Timothy Switzer
85% 1-year accuracy
17 / 20 met price target
8%upside
$10
Market Perform
Maintained
22 Nov 2024
Lake Street
Jacob Stephan
56% 1-year accuracy
5 / 9 met price target
40%upside
$13
Buy
Maintained
22 Nov 2024

Financial journalist opinion

Based on 3 articles about PRTH published over the past 30 days

Neutral
Business Wire
6 days ago
Priority Announces Pricing of Secondary Offering of Common Stock
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, announced today the pricing of a previously announced underwritten secondary offering of 9,070,643 shares of its common stock to be sold by certain selling stockholders at $7.75 per share. Certain selling stockholders have granted the underwriters a 30-.
Priority Announces Pricing of Secondary Offering of Common Stock
Neutral
Business Wire
1 week ago
Priority Announces Secondary Offering of Common Stock
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, announced today that it has commenced an underwritten secondary offering for 9,157,600 shares of Priority's common stock to be sold by certain selling stockholders. In conjunction with the offering, certain selling stockholders intend to grant to the un.
Priority Announces Secondary Offering of Common Stock
Positive
Zacks Investment Research
1 week ago
Buy These 3 Top Stocks Poised for a Breakout: ASUR, GRNT, PRTH
Asure Software, Granite Ridge Resources, and Priority Technology Holdings have been selected as the breakout stocks for today.
Buy These 3 Top Stocks Poised for a Breakout: ASUR, GRNT, PRTH
Positive
Zacks Investment Research
1 month ago
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
Positive
Zacks Investment Research
1 month ago
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
Positive
Zacks Investment Research
1 month ago
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?
Positive
Zacks Investment Research
1 month ago
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
Positive
Zacks Investment Research
1 month ago
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?
Neutral
Business Wire
1 month ago
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
Positive
Zacks Investment Research
1 month ago
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?
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