Progyny Inc [NASDAQ: PGNY] closed the trading session at $16.57.
The stocks have a year to date performance of -55.43 percent and weekly performance of 0.79 percent. The stock has been moved at -49.40 percent over the last six months. The stock has performed -33.24 percent around the most recent 30 days and changed -40.86 percent over the most recent 3-months.
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If compared to the average trading volume of 2.18M shares, PGNY reached to a volume of 2537197 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Progyny Inc [PGNY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PGNY shares is $23.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PGNY stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JMP Securities have made an estimate for Progyny Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on September 19, 2024. While these analysts kept the previous recommendation, Leerink Partners dropped their target price from $31 to $25. The new note on the price target was released on August 07, 2024, representing the official price target for Progyny Inc stock. Previously, the target price had yet another drop from $37 to $24, while Canaccord Genuity kept a Hold rating on PGNY stock.
The Average True Range (ATR) for Progyny Inc is set at 0.84, with the Price to Sales ratio for PGNY stock in the period of the last 12 months amounting to 1.32. The Price to Book ratio for the last quarter was 3.29, with the Price to Cash per share for the same quarter was set at 2.90. Price to Free Cash Flow for PGNY in the course of the last twelve months was 8.75 with Quick ratio for the last quarter at 2.58.
PGNY stock trade performance evaluation
Progyny Inc [PGNY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.79. With this latest performance, PGNY shares dropped by -33.24% in over the last four-week period, additionally sinking by -49.40% over the last 6 months – not to mention a drop of -48.75% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PGNY stock in for the last two-week period is set at 38.44, with the RSI for the last a single of trading hit 44.01, and the three-weeks RSI is set at 36.92 for Progyny Inc [PGNY]. The present Moving Average for the last 50 days of trading for this stock 19.98, while it was recorded at 16.12 for the last single week of trading, and 29.67 for the last 200 days.
Progyny Inc [PGNY]: An insightful look at the core fundamentals
Progyny Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.58 and a Current Ratio set at 2.58.
Earnings per share (EPS) analysis for Progyny Inc [PGNY] stock
With the latest financial reports released by the company, Progyny Inc posted 0.16/share EPS, while the average EPS was predicted by analysts to be reported at 0.12/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.04. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PGNY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Progyny Inc go to 8.13%.
Progyny Inc [PGNY]: Institutional Ownership
There are presently around $106.65%, or 114.17%% of PGNY stock, in the hands of institutional investors. The top three institutional holders of PGNY stocks are: BLACKROCK INC. with ownership of 11.82 million shares, which is approximately 12.2463%. VANGUARD GROUP INC, holding 8.25 million shares of the stock with an approximate value of $$236.11 million in PGNY stocks shares; and VANGUARD GROUP INC, currently with $$188.76 million in PGNY stock with ownership which is approximately 6.8381%.
