Porch Group Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 151/482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 18.12.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Porch Group Inc's Score
Industry at a Glance
Industry Ranking
151 / 482
Overall Ranking
222 / 4563
Industry
Software & IT Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
8
analysts
Buy
Current Rating
18.125
Target Price
+85.71%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Porch Group Inc Highlights
StrengthsRisks
Porch Group, Inc. is a homeowners insurance company. The Company specializes in the home services software-as-a-service (SaaS) space. The Company's segments include Insurance Services, Software & Data, Consumer Services and Reciprocal Segment. Its Insurance Services segment manages and operates the Reciprocal, providing services related, but not limited, to underwriting, policy renewal, risk management, insurance portfolio management, financial management, and setting investment guidelines in exchange for commissions and fees. The Company's Software & Data segment provides, on a subscription and predominantly transactional basis, software to inspection, mortgage, title, and roofing companies and data products to insurance and other types of companies. The Company's Consumer Services segment provides warranty products through Porch Warranty and other warranty brands to protect the whole home. Its Reciprocal segment provides consumers with insurance to protect their homes.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 58.67% year-on-year.
Overvalued
The company’s latest PE is 28.75, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 75.69M shares, decreasing 7.17% quarter-over-quarter.
Porch Group, Inc. is a homeowners insurance company. The Company specializes in the home services software-as-a-service (SaaS) space. The Company's segments include Insurance Services, Software & Data, Consumer Services and Reciprocal Segment. Its Insurance Services segment manages and operates the Reciprocal, providing services related, but not limited, to underwriting, policy renewal, risk management, insurance portfolio management, financial management, and setting investment guidelines in exchange for commissions and fees. The Company's Software & Data segment provides, on a subscription and predominantly transactional basis, software to inspection, mortgage, title, and roofing companies and data products to insurance and other types of companies. The Company's Consumer Services segment provides warranty products through Porch Warranty and other warranty brands to protect the whole home. Its Reciprocal segment provides consumers with insurance to protect their homes.
Ticker SymbolPRCH
CompanyPorch Group Inc
CEOEhrlichman (Matthew)
Websitehttps://porchgroup.com/
FAQs
What is the current price of Porch Group Inc (PRCH)?
The current price of Porch Group Inc (PRCH) is 8.930.
What is the symbol of Porch Group Inc?
The ticker symbol of Porch Group Inc is PRCH.
What is the 52-week high of Porch Group Inc?
The 52-week high of Porch Group Inc is 19.436.
What is the 52-week low of Porch Group Inc?
The 52-week low of Porch Group Inc is 3.720.
What is the market capitalization of Porch Group Inc?
The market capitalization of Porch Group Inc is 1.10B.
What is the net income of Porch Group Inc?
The net income of Porch Group Inc is -32.83M.
Is Porch Group Inc (PRCH) currently rated as Buy, Hold, or Sell?
According to analysts, Porch Group Inc (PRCH) has an overall rating of Buy, with a price target of 18.125.
What is the Earnings Per Share (EPS TTM) of Porch Group Inc (PRCH)?
The Earnings Per Share (EPS TTM) of Porch Group Inc (PRCH) is 0.311.