With a one year PEG ratio of 0.22, ProSight Global Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than merely 4.43% of US stocks.
PROS's went public 1.27 years ago, making it older than merely 0.69% of listed US stocks we're tracking.
The price/operating cash flow metric for ProSight Global Inc is higher than only 17.06% of stocks in our set with a positive cash flow.
Stocks that are quantitatively similar to PROS, based on their financial statements, market capitalization, and price volatility, are SXI, UVE, MMI, CSWI, and THG.
ProSight Global, Inc. provides insurance services. The Company offers legal protection for construction sites, consumer services, media and entertainment, marine, energy, and real estate sectors. ProSight Global serves customers in the United States.
PROS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for ProSight Global Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that ProSight Global Inc ranked in the 50th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of ProSight Global Inc, consider:
Its compound free cash flow growth rate, as measured over the past 1.07 years, is -0.17% -- higher than just 9.35% of stocks in our DCF forecasting set.
ProSight Global Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 15.12% of tickers in our DCF set.
As a business, ProSight Global Inc experienced a tax rate of about 16% over the past twelve months; relative to its sector (Financial Services), this tax rate is higher than 63.54% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as PROS, try ASFI, FCFS, PZN, WLTW, and SLF.
ProSight Global, Inc. (PROS) Q2 2020 Earnings Conference Call August 11, 2020 10:00 AM ET Company Participants Joe Hathaway - Corporate Communications Director Larry Hannon - Chief Executive Officer & President Bob Bailey - Chief Underwriting & Risk Officer Buddy Piszel - Chief Financial Officer Conference Call Participants Meyer Shields...
ProSight Global, Inc. (NYSE: PROS) (ProSight) today announced that it will issue its 2020 second quarter earnings press release on Monday, August 10, 2020, after the close of trading. On Tuesday, August 11, 2020 at 10:00 a.m. EDT, ProSight senior management will host a conference call to discuss second quarter financial results.
ProSight Global, Inc. (NYSE: PROS) (ProSight) today announced that it has closed a $65 million revolving credit facility. This announcement follows ProSight's June 16 announcement of a $165 million delayed draw term loan to refinance $165m of existing indebtedness maturing in November 2020.
ProSight Global, Inc. (NYSE: PROS) (ProSight) today announced a change in the format of its 2020 Annual Stockholders Meeting (the "Annual Meeting") from in-person to virtual-only. Due to the ongoing coronavirus (COVID-19) pandemic and to support the health and well-being of meeting participants and their families, ProSight will hold its Annual Meeting in a virtual meeting format only, via webcast. As previously announced, the Annual Meeting will be held at 10:00 a.m. Eastern Time on June 17, 2020.