PRA Group, Inc. (PRAA): A Bull Case Theory

We came across a bullish thesis on PRA Group, Inc. (PRAA) on Substack by Phenom Capital. In this article, we will summarize the bulls’ thesis on PRAA. PRA Group, Inc. (PRAA)'s share was trading at $21.05 as of March 27^th. PRAA’s trailing and forward P/E were 11.76 and 11.57 respectively according to Yahoo Finance.

[caption id="attachment_1230342" align="aligncenter" width="768"] A modern skyscraper in a busy city, symbolizing the prominence of the financial services company.[/caption]

PRA Group (PRAA) is a major global debt collection firm, generating 62% of its cash...