PRAH has a higher market value than 80.38% of US stocks; more precisely, its current market capitalization is $6,222,768,220.
PRAH's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 3,226 -- higher than 98.92% of US-listed equities with positive expected earnings growth.
In terms of volatility of its share price, PRAH is more volatile than only 9.89% of stocks we're observing.
If you're looking for stocks that are quantitatively similar to PRA Health Sciences Inc, a group of peers worth examining would be PLXS, HURN, EV, CRL, and PRFT.
PRA Health Sciences provides various product development services for pharmaceutical and biotechnology companies worldwide. The company was founded in 1976 and is based in Raleigh, North Carolina.
PRAH Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for PRA Health Sciences Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that PRA Health Sciences Inc ranked in the 44th percentile in terms of potential gain offered. In terms of the factors that were most noteworthy in this DCF analysis for PRAH, they are:
The company has produced more trailing twelve month cash flow than 59.95% of its sector Healthcare.
PRA Health Sciences Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 22.72% of tickers in our DCF set.
PRA Health Sciences Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 5.69. This coverage rate is greater than that of 65.25% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Healthcare that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as PRAH, try USPH, DXCM, DYNT, IART, and MOH.
Investment Thesis I last posted about PRA Health Sciences (PRAH) in May 2019, after the company's share price had slipped from late 2018 highs of $117 to trade at $90. I suggested that the company's days of sector and S&P beating growth - PRA's share price gained 216% between 2016...
Edmund Ingham on Seeking Alpha | September 21, 2020
RALEIGH, N.C., Sept. 15, 2020 (GLOBE NEWSWIRE) -- PRA Health Sciences, Inc. (NASDAQ:PRAH) today announced the appointment of Glen Stettin, M.D. to the Board of Directors of the Company, effective September 14, 2020. “We are delighted that Glen will be joining our Board of Directors. With his widespread involvement in the healthcare field as both a physician and an executive, Dr. Stettin’s experience in innovation, data, analytics, technology and integrated health solutions will provide the Board with valuable insight as we continue to reinvent clinical research and make it more accessible to patients,” said Colin Shannon, President, Chief Executive Officer and Chairman of the Board of Directors of PRA Health Sciences, Inc.Dr. Stettin is Senior Vice President and Chief Innovation Offic...
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