0.3% Below Target

The consensus price target for PRG is $43.88, close to the current price of $43.76 (0.3% implied move). Based on 8 analyst estimates, the stock appears fairly valued near current levels.

PRG has a consensus rating of "Buy" based on 8 Wall Street analysts. The rating breakdown is predominantly bullish, with 5 Buy/Strong Buy ratings. The consensus 12-month price target of $43.88 implies 0.3% upside from current levels.

With a forward P/E of 9.4108x, PRG trades at a relatively low valuation. The consensus target of $43.88 implies 0.3% appreciation, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $48 for PRG, while the most conservative target is $35. The consensus of $43.88 represents the median expectation. Our quantitative valuation model projects a bull case target of $68 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

PRG is moderately covered, with 8 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 5 have Buy ratings, 3 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month PRG stock forecast based on 8 Wall Street analysts shows a consensus price target of $43.88, with estimates ranging from $35 (bear case) to $48 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $52, with bear/bull scenarios of $33/$68.

Our quantitative valuation model calculates PRG's fair value at $52 (base case), with a bear case of $33 and bull case of $68. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 52/100.

PRG trades at a forward P/E ratio of 9.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 12.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

PRG appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $43.88 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

PRG analyst price targets range from $35 to $48, a 30% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $43.88 consensus represents the middle ground. Our model's $33-$68 range provides an independent fundamental perspective.