Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $49.35 USD
Change Today +0.02 / 0.04%
Volume 46.0K
PRSC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

providence service corp (PRSC) Snapshot

Open
$49.23
Previous Close
$49.33
Day High
$49.62
Day Low
$49.02
52 Week High
04/1/15 - $55.99
52 Week Low
11/17/14 - $34.03
Market Cap
784.8M
Average Volume 10 Days
111.0K
EPS TTM
$1.55
Shares Outstanding
15.9M
EX-Date
--
P/E TM
31.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for PROVIDENCE SERVICE CORP (PRSC)

Related News

No related news articles were found.

providence service corp (PRSC) Related Businessweek News

No Related Businessweek News Found

providence service corp (PRSC) Details

The Providence Service Corporation provides and manages government sponsored non-emergency transportation services (NET Services), human services, workforce development services (WD Services), and health assessment services (HA Services) in the United States and Canada. The company’s NET Services segment offers various solutions for a healthcare recipient’s covered transportation requirements through centralized call processing, development, and management of transportation networks through the use of proprietary technologies to individuals with limited mobility, people with limited means of transportation, and people with disabilities that prevent them from using conventional methods of transportation. Its Human Services segment provides home based and intensive home based counseling, substance abuse treatment services, school support services, correctional services, and workforce development services; foster care and therapeutic foster care services; and not-for-profit management services. This segment serves state and local government agencies and government intermediaries, health maintenance organizations, and commercial insurers. The company’s WD Services segment offers resume and job interview skills, networking and job placement services, and technical job training services to unemployed, disabled, and unskilled individuals, as well as individuals those cope with medical illnesses. Its HA Services segment provides comprehensive health assessments and related services, as well as in-home screenings, medication therapy management, and analytic and physician services through physicians or nurse practitioners. The company was founded in 1996 and is based in Tucson, Arizona.

13,697 Employees
Last Reported Date: 03/16/15
Founded in 1996

providence service corp (PRSC) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $756.9K
Chief Executive Officer of Logisticare
Total Annual Compensation: $428.1K
Compensation as of Fiscal Year 2013.

providence service corp (PRSC) Key Developments

Providence Service Seeks Acquisitions

Providence Service Corp. (NasdaqGS:PRSC) said that, "While longer-term we will look to opportunistically acquire additional companies, we are currently seeing higher returns deploying cash within our existing businesses on new contracts, new service lines and IT investments aimed at improving productivity. Ultimately the decision to acquire versus invest in our current business is a capital allocation question and we will pursue the opportunities that generate the greatest return for our shareholders."

Providence Service Corp. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Reports Impairment Charge for the Fourth Quarter Ended December 31, 2014; Provides Financial Guidance for 2015

Providence Service Corp. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the fourth quarter of 2014, the company reported consolidated revenue of $453,596,000, an increase of 63.8% from $276,845,000 in the comparable period of 2013. This included $117,600,000 of revenue contributed by Ingeus and Matrix. Excluding this revenue from acquired businesses, consolidated revenue was $336,000,000, an increase of 21.4% from the year ago period. Adjusted EBITDA was $27,531,000 compared to $11,060,000 in the same period last year. The company reported net income of $7,050,000, or $0.45 per diluted share, compared to net income of $3,357,000, or $0.24 per diluted share, in the prior year period. Fourth quarter 2014 results also included a $6.9 million asset impairment charge, a $1.5 million expense related to the amortization of the fair value of restricted stock awards issued in connection with the acquisition of Ingeus, $1.0 million related to integration and restructuring charges, and $4.5 million of financing fees related to the bridge financing commitment that were deferred and recognized in interest expense. Operating income was $15,023,000 against $6,100,000 a year ago. Income before income taxes was $4,617,000 against $4,522,000 a year ago. EBITDA was $27,580,000 against $9,783,000 a year ago. For the full year of 2014, the company reported consolidated revenue of $1,481,171,000, an increase of 31.9% from $1,122,682,000 in 2013. This included $222,600,000 of revenue contributed by Ingeus and Matrix. Excluding this revenue from acquired businesses, consolidated revenue was $1,300,000,000, an increase of 12.1% from the year ago period. Adjusted EBITDA was $83,960,000, an increase of 51.9% from $55,275,000 last year. Net income was $20,275,000, or $1.35 per diluted share, compared to $19,438,000, or $1.41 per diluted share, in 2013. 2014 results also included a $6.9 million asset impairment charge, a $3.4 million expense related to the amortization of the fair value of restricted stock awards issued in connection with the acquisition of Ingeus, $2.8 million related to integration and restructuring charges, and $4.5 million of financing fees related to the bridge financing commitment that were deferred and recognized in interest expense. Operating income was $42,340,000 against $38,634,000 a year ago. Income before income taxes was $27,777,000 against $31,215,000 a year ago. Net cash provided by operating activities was $55,195,000 against $55,237,000 a year ago. Purchase of property and equipment amounted $23,242,000 against $10,183,000 a year ago. EBITDA was $71,865,000 against $52,981,000 a year ago. For the fourth quarter ended December 31, 2014, the company recorded a $6,915,000 asset impairment charge. The company will likely see its CapEx spend increase to $35 million to $45 million in 2015. Looking ahead to fiscal 2015, the effective tax rate should be between 40% and 42%. Looking ahead to 2015, the company expects to see another year of double-digit revenue growth from LogistiCare. Going forward, the company will maintain a vigilant eye on all costs, particularly G&A cost, which expects to be approximately 4% of consolidated revenue in 2015.

Providence Service Corp. to Report Q4, 2014 Results on Mar 16, 2015

Providence Service Corp. announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Mar 16, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PRSC:US $49.35 USD +0.02

PRSC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
BioScrip Inc $5.26 USD +0.01
Civitas Solutions Inc $19.40 USD -0.03
Five Star Quality Care Inc $4.51 USD +0.01
Healthways Inc $17.61 USD -1.89
National HealthCare Corp $64.53 USD +0.17
View Industry Companies
 

Industry Analysis

PRSC

Industry Average

Valuation PRSC Industry Range
Price/Earnings 36.6x
Price/Sales 0.5x
Price/Book 3.5x
Price/Cash Flow 15.8x
TEV/Sales 0.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PROVIDENCE SERVICE CORP, please visit www.provcorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.