Christopher Lagow - PRA Senior Vice President General Counsel, Secretary

PRAA Stock  USD 20.65  0.27  1.32%   

President

Mr. Christopher D. Lagow is Senior Vice President, General Counsel of PRA Group, Inc. Mr. Lagow has served as the Companys Senior Vice President and General Counsel since January 2016. He joined the Company in 2006 as the U.S. Counsel and served in that role until he became Deputy General Counsel in January 2014, a position he held until January 2016. since 2016.
Age 50
Tenure 8 years
Address 120 Corporate Boulevard, Norfolk, VA, United States, 23502
Phone888 772 7326
Webhttps://www.pragroup.com
Lagow is responsible for the company’s global legal, regulatory and government relations functions. He was named general counsel in January 2016 after serving as PRA Group’s deputy general counsel since 2011. Lagow was practicing law for 15 years and joined PRA in 2006 after working in private practice for law firms in New York and Virginia. He earned a Bachelor of Arts degree from James Madison University and a J.D. from Roger Williams University School of Law. Lagow has served on the board of directors of the Hampton Roads Chamber of Commerce and the Executive Council of the Virginia Bar Association’s Corporationrationrationrate Counsel Section.

PRA Management Efficiency

The company has return on total asset (ROA) of 0.0393 % which means that it generated a profit of $0.0393 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0485 %, meaning that it created $0.0485 on every $100 dollars invested by stockholders. 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 0.02. 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 412.6 M.
PRA Group 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. Note, when we think about PRA's use of debt, we should always consider it together with its 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 3,109 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.
Laura White, Chief Compliance Officer
Steven Roberts, Executive Vice President Europe and Corporate Development
Steven Fredrickson, Co-Founder, Chairman and CEO
Jan Husby, Global Officer
Chris Burroughs, Chief Officer
Rakesh Sehgal, Executive CFO
LaTisha Tarrant, General VP
Martin Sjlund, President Europe
Vikram Atal, Independent Director
Elizabeth Kersey, Senior Policy
Owen James, Executive Officer
Steven Macke, Global Officer
Christopher Graves, Executive VP of Core Acquisitions
Neal Petrovich, Senior Finance
Kevin Stevenson, Co-Founder and President Interim Chief Financial and Admin. Officer, Treasurer and Director
Lauren Partin, Senior Relations
Keith Warren, Chief Officer
Peter Graham, CFO, Executive Vice President
Christopher Lagow, Senior Vice President General Counsel, Secretary

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.

Also Currently Popular

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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 closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Consumer Finance space 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
1.1
Revenue Per Share
26.515
Quarterly Revenue Growth
0.301
Return On Assets
0.0393
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.