<div id="readability-page-1"><p>Shares of Priority Technology Holdings, Inc. (NASDAQ:PRTH - Get Free Report) have been given an average rating of &#34;Moderate Buy&#34; by the six ratings firms that are  covering the firm, Marketbeat.com reports. One equities research analyst  has rated the stock with a sell recommendation, two have issued  a hold recommendation, two have assigned  a buy recommendation and one  has given a strong buy recommendation to  the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $8.50.</p><div><p><span></span><span>Get <strong>Priority Technology</strong> alerts:</span></p></div><p>Several analysts have recently issued reports on PRTH shares. Weiss Ratings  restated a &#34;hold (c)&#34; rating on shares of Priority Technology in a research report on Monday, December 8th. Zacks Research cut Priority Technology from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research note on Tuesday, December 9th. Keefe, Bruyette &amp; Woods lowered Priority Technology from a &#34;moderate buy&#34; rating to a &#34;hold&#34; rating and lowered their price objective for the company from $9.00 to $6.00 in a research note on Tuesday, November 11th. Alliance Global Partners  reiterated a &#34;buy&#34; rating on shares of Priority Technology in a report on Thursday, November 6th. Finally, Wall Street Zen downgraded Priority Technology from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, November 15th.</p><p><b>Read Our Latest Stock Report on Priority Technology</b></p><h2>Priority Technology Price Performance</h2><p>Shares of PRTH opened at $5.77 on Friday. The stock has a market capitalization of $472.39 million, a price-to-earnings ratio of 10.89 and a beta of 1.45. Priority Technology has a 1 year low of $4.44 and a 1 year high of $12.47. The business's 50 day simple moving average is $6.29 and its 200-day simple moving average is $7.21. </p><p>Priority Technology (NASDAQ:PRTH - Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.02). Priority Technology had a negative return on equity of 60.29% and a net margin of 5.78%.The business had revenue of $241.44 million during the quarter, compared to the consensus estimate of $251.74 million.  On average, sell-side analysts expect that  Priority Technology will post -0.09 earnings per share for the current year. </p><h2>Institutional Investors Weigh In On Priority Technology</h2><p>Several institutional investors have recently made changes to their positions in PRTH. Corebridge Financial Inc. grew its holdings in  Priority Technology by 19.0% during the 1st quarter. Corebridge Financial Inc. now owns 10,876 shares of the company's stock valued at $74,000 after purchasing an additional 1,733 shares during the last quarter.  BNP Paribas Financial Markets increased its stake in  Priority Technology by 57.3% in the third quarter. BNP Paribas Financial Markets now owns 5,115 shares of the company's stock worth $35,000 after purchasing an additional 1,863 shares during the period.  State of Wyoming lifted its position in shares of  Priority Technology by 4.5% during the third quarter. State of Wyoming now owns 47,259 shares of the company's stock worth $325,000 after purchasing an additional 2,051 shares during the last quarter.  Rhumbline Advisers boosted its position in  Priority Technology by 10.2% in the 1st quarter. Rhumbline Advisers now owns 26,131 shares of the company's stock valued at $178,000 after buying an additional 2,425 shares during the period.  Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in  Priority Technology by 25.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,030 shares of the company's stock worth $89,000 after acquiring an additional 2,648 shares in the last quarter. Institutional investors own  11.52% of the company's stock. </p><h2>About Priority Technology</h2> (Get Free Report)<p>Priority Technology Holdings, Inc operates as a payment technology company in the United States. The company operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business (B2B) Payments, and Enterprise Payments. It offers SMB payments processing solutions for B2C transactions through independent sales organizations, financial institutions, independent software vendors, and other referral partners through its MX product suite, which includes MX Connect and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B and ACH.com, and others, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance to resellers and merchant clients using core payment processing.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Priority Technology</li><li>3 Must-Buy Warren Buffett Stocks for Volatile Times</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li><li>How the NYSE and NASDAQ are Different, Why That Matters to Investors</li><li>Why Amazon Could Be a $300 Stock Within Weeks</li><li>What Are Some of the Best Large-Cap Stocks to Buy?</li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UFJUSA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UFJUSA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Priority Technology Right Now?</h2><p>Before you consider Priority Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Priority Technology wasn't on the list.</p><p>While Priority Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PRTH

<p>Priority Technology Holdings, Inc. (NASDAQ:PRTH) has received a consensus rating of "Moderate Buy" from six analysts. The stock's average 12-month price target is $8.50. Recent analyst actions include downgrades and price objective adjustments. The company reported quarterly earnings below expectations, with a negative return on equity. Institutional investors have adjusted their positions in PRTH, which operates as a payment technology company in the U.S. with various payment processing solutions.</p>

Priority Technology Holdings, Inc. (NASDAQ:PRTH) Given Consensus Rating of "Moderate Buy" by Analysts