Currently, there are 119.80M common shares owned by the public and among those 60.38M shares have been available to trade.
The company’s stock has a 5-day price change of 27.36% and 74.18% over the past three months. PRCH shares are trading 61.79% year to date (YTD), with the 12-month market performance up to 100.00% higher. It has a 12-month low price of $1.05 and touched a high of $7.30 over the same period. PRCH has an average intraday trading volume of 2.21 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 22.52%, 49.78%, and 153.53% respectively.
Institutional ownership of Porch Group Inc (NASDAQ: PRCH) shares accounts for 57.42% of the company’s 119.80M shares outstanding.
It has a market capitalization of $809.94M and a beta (3y monthly) value of 2.21. The earnings-per-share (ttm) stands at -$0.42. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.20% over the week and 12.22% over the month.
Analysts forecast that Porch Group Inc (PRCH) will achieve an EPS of -0.1 for the current quarter, -0.05 for the next quarter and 0.27 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.1 while analysts give the company a high EPS estimate of -0.1. Comparatively, EPS for the current quarter was -0.2 a year ago. Earnings per share for the fiscal year are expected to increase by 64.71%, and 254.17% over the next financial year.
Looking at the support for the PRCH, a number of firms have released research notes about the stock. Loop Capital stated their Buy rating for the stock in a research note on February 26, 2025, with the firm’s price target at $6. Loop Capital coverage for the Porch Group Inc (PRCH) stock in a research note released on December 09, 2024 offered a Hold rating with a price target of $6. Cantor Fitzgerald on their part issued Overweight rating on August 10, 2022.
