Fintel reports that on August 27, 2023, HSBC upgraded their outlook for Prosus (PRX) from Hold to Buy .
Analyst Price Forecast Suggests 47.10% Upside
As of August 4, 2023, the average one-year price target for Prosus is 91.98. The forecasts range from a low of 72.72 to a high of $119.70. The average price target represents an increase of 47.10% from its latest reported closing price of 62.53.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Prosus is 9,452MM, an increase of 63.95%. The projected annual non-GAAP EPS is 3.68.
Prosus Maintains 0.22% Dividend Yield
At the most recent price, the company's dividend yield is 0.22%.
Additionally, the company's dividend payout ratio is 0.03. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is 0.27%, demonstrating that it has increased its dividend over time.
What is the Fund Sentiment?
There are 559 funds or institutions reporting positions in Prosus. This is a decrease of 1 owner(s) or 0.18% in the last quarter. Average portfolio weight of all funds dedicated to PRX is 0.87%, a decrease of 6.48%. Total shares owned by institutions decreased in the last three months by 4.30% to 132,060K shares.
What are Other Shareholders Doing?
DODFX - Dodge & Cox International Stock Fund holds 17,337K shares representing 0.96% ownership of the company. No change in the last quarter.
VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 9,777K shares representing 0.54% ownership of the company. In it's prior filing, the firm reported owning 2,542K shares, representing an increase of 74.01%. The firm increased its portfolio allocation in PRX by 61.49% over the last quarter.
SGENX - First Eagle Global Fund holds 6,295K shares representing 0.35% ownership of the company. No change in the last quarter.
OAKIX - Oakmark International Fund Investor Class holds 5,849K shares representing 0.32% ownership of the company. In it's prior filing, the firm reported owning 5,926K shares, representing a decrease of 1.33%. The firm decreased its portfolio allocation in PRX by 9.18% over the last quarter.
VTMGX - Vanguard Developed Markets Index Fund Admiral Shares holds 5,610K shares representing 0.31% ownership of the company. In it's prior filing, the firm reported owning 5,680K shares, representing a decrease of 1.24%. The firm decreased its portfolio allocation in PRX by 11.53% over the last quarter.
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