The Providence Service Corporation (PRSC) Company Bio
Providence Service Corporation provides and manages Government sponsored non-emergency transportation services, human services, workforce development services and health assessment services. The company was founded in 1996 and is based in Tucson, Arizona.
PRSC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for PRSC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Providence Service Corp ranked in the 84th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 761.5%. As for the metrics that stood out in our discounted cash flow analysis of Providence Service Corp, consider:
The company's balance sheet shows it gets 99% of its capital from equity, and 1% of its capital from debt. Its equity weight surpasses that of 89.49% of free cash flow generating stocks in the Healthcare sector.
The business' balance sheet suggests that 1% of the company's capital is sourced from debt; this is greater than only 6.18% of the free cash flow producing stocks we're observing.
PRSC's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 54.8% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Providence Service Corp? See AMRX, ARGX, GTS, HCA, and NHC.
ATLANTA--(BUSINESS WIRE)--The Providence Service Corporation (“Providence” or the “Company”) (Nasdaq: PRSC), the nation’s largest manager of non-emergency medical transportation (“NEMT”) programs for state governments and managed care organizations and holder of a minority investment in Matrix Medical Network, today announced that the Company has entered into a definitive agreement to acquire Simplura Health Group (“Simplura”), which operates a large network of home health and personal care age
In its latest Investor presentation, The Providence Service ([[PRSC]] +1.5%) provided long-term financial objectives in a normalized post COVID-19 environment; in past 6-months the stock has generated 53% returns.Wall Street Analysts and Quant Rating is Bullish.It expects mid-single digit organic revenue growth led by medicaid enrollment (increasing at an estimated 7-10%...
ATLANTA--(BUSINESS WIRE)--The Providence Service Corporation (the “Company” or “Providence”) (Nasdaq: PRSC), the nation’s largest provider of non-emergency medical transportation (“NEMT”) programs and holder of a minority interest in Matrix Medical Network, today reported financial results for the three months ended June 30, 2020. Second Quarter 2020 Highlights: Revenue from continuing operations of $282.3 million Income from continuing operations, net of tax, of $37.3 million, and loss of $0.9
ATLANTA--(BUSINESS WIRE)--The Providence Service Corporation (“Providence” or the “Company”) (Nasdaq: PRSC), the nation’s largest provider of non-emergency medical transportation programs and holder of a minority interest in Matrix Medical Network, today announced that the Company is scheduled to report financial results for the second quarter ended June 30, 2020 on Thursday, August 6, 2020 before the market opens. Providence will host a conference call on Thursday, August 6, 2020 at 8:00 a.m.