Tikendra Patel - PRA CEO, Europe

PRAA Stock  USD 24.37  0.89  3.79%   

CEO

Mr. Tikendra Patel is Chief Executive Officer, PRA Group Europe of PRA Group, Inc since 2016.
Age 50
Tenure 8 years
Address 120 Corporate Boulevard, Norfolk, VA, United States, 23502
Phone888 772 7326
Webhttps://www.pragroup.com
Patel transitioned to PRA Group from Aktiv Kapital where he served as Chief Operating Officer for six years. Aktiv Kapital was acquired by PRA Group, Inc. in 2014; following the transition he continued his role as Chief Operating Officer for PRA Group Europe until 2016 when he took on the role of Chief Executive Officer, PRA Group Europe. His extensive operational knowledge of Aktiv Kapital, his background and skills in the financial services industry, and his leadership capabilities are highly leveraged in his continued role with PRA Group.

PRA Management Efficiency

The company has return on total asset (ROA) of 0.0152 % which means that it generated a profit of $0.0152 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0528) %, meaning that it created substantial loss on money invested by shareholders. PRA's management efficiency ratios could be used to measure how well PRA manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.02. In addition to that, Return On Capital Employed is expected to decline to 0.04. At present, PRA's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 3.9 B, whereas Non Current Assets Total are forecasted to decline to about 413.8 M.
The company currently holds 3.08 B in liabilities with Debt to Equity (D/E) ratio of 2.05, implying the company greatly relies on financing operations through barrowing. PRA Group has a current ratio of 5.53, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist PRA until it has trouble settling it off, either with new capital or with free cash flow. So, PRA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PRA Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PRA to invest in growth at high rates of return. When we think about PRA's use of debt, we should always consider it together with cash and equity.

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PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas, Australia, and Europe. PRA Group, Inc. was incorporated in 1996 and is headquartered in Norfolk, Virginia. Pra operates under Credit Services classification in the United States and is traded on NASDAQ Exchange. It employs 3361 people. PRA Group (PRAA) is traded on NASDAQ Exchange in USA. It is located in 120 Corporate Boulevard, Norfolk, VA, United States, 23502 and employs 3,155 people. PRA is listed under Consumer Finance category by Fama And French industry classification.

Management Performance

PRA Group Leadership Team

Elected by the shareholders, the PRA's board of directors comprises two types of representatives: PRA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PRA. The board's role is to monitor PRA's management team and ensure that shareholders' interests are well served. PRA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PRA's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Roberts, Lead Independent Director
Laura White, Chief Compliance Officer
Steven Roberts, Executive Vice President Europe and Corporate Development
Deborah Cassidy, CIO
Neil Chakravarty, Senior Vice President Corporate Audit Services
Jan Husby, Global Officer
Chris Burroughs, Chief Officer
Rakesh Sehgal, CFO VP
Martin Sjolund, COO, Europe
Marjorie Connelly, Director
James Nussle, Independent Director
Scott Tabakin, Independent Director
Vikram Atal, Independent Director
Elizabeth Kersey, Senior Policy
Lance Weaver, Independent Director
Neal Petrovich, Senior Finance
Steve Fredrickson, Chairman of the Board and Presidentident, CEO
Neal Stern, Executive VP of Operations
Steve Roberts, Chief Strategy and Business Development Officer
Lauren Partin, Senior Relations
Chris Lagow, Senior Vice President General Counsel, Secretary
Keith Warren, Chief Officer
John Fain, Independent Director
Penelope Kyle, Independent Director
Geir Olsen, CEO of Europe
Steven Fredrickson, Co-Founder, Chairman and CEO
Andrew Berardi, Senior Vice President Global Insolvency Investment Services
Tikendra Patel, CEO, Europe
Kent McCammon, Executive Vice President - Strategy and Business Development
LaTisha Tarrant, General VP
Devon Arendosh, Chief Information Security Officer
Darby Schoenfeld, Director of Investor Relations
Owen James, Executive Officer
Christopher Graves, Executive VP of Core Acquisitions
Kevin Stevenson, Co-Founder and President Interim Chief Financial and Admin. Officer, Treasurer and Director
James Voss, Independent Director
Michelle Link, Chief Human Resource Officer
Michael Petit, President of Insolvency Investment Services
Peter Graham, CFO, Executive Vice President
Christopher Lagow, Senior Vice President General Counsel, Secretary
Danielle Brown, Independent Director

PRA Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PRA a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether PRA Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PRA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pra Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pra Group Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PRA Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the PRA Group information on this page should be used as a complementary analysis to other PRA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running PRA's price analysis, check to measure PRA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PRA is operating at the current time. Most of PRA's value examination focuses on studying past and present price action to predict the probability of PRA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PRA's price. Additionally, you may evaluate how the addition of PRA to your portfolios can decrease your overall portfolio volatility.
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Is PRA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PRA. If investors know PRA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PRA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Earnings Share
(2.13)
Revenue Per Share
20.485
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0152
The market value of PRA Group is measured differently than its book value, which is the value of PRA that is recorded on the company's balance sheet. Investors also form their own opinion of PRA's value that differs from its market value or its book value, called intrinsic value, which is PRA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PRA's market value can be influenced by many factors that don't directly affect PRA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PRA's value and its price as these two are different measures arrived at by different means. Investors typically determine if PRA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PRA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.