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In the latest session, Progyny Inc (NASDAQ: PGNY) closed at $13.90 up 0.94% from its previous closing price of $13.77. In other words, the price has increased by $0.94 from its previous closing price. On the day, 1.52 million shares were traded. PGNY stock price reached its highest trading level at $13.925 during the session, while it also had its lowest trading level at $13.53.
Ratios:
For a deeper understanding of Progyny Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.27. For the most recent quarter (mrq), Quick Ratio is recorded 2.62 and its Current Ratio is at 2.62. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on November 13, 2024, Downgraded its rating to Hold and sets its target price to $19 from $26 previously.
Leerink Partners Downgraded its Outperform to Market Perform on August 07, 2024, whereas the target price for the stock was revised from $31 to $25.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 16 ’24 when Sturmer Michael E sold 9,030 shares for $30.00 per share. The transaction valued at 270,900 led to the insider holds 362,583 shares of the business.
Scott Cheryl sold 1,462 shares of PGNY for $41,506 on Jun 28 ’24. The Director now owns 10,098 shares after completing the transaction at $28.39 per share. On May 01 ’24, another insider, Sturmer Michael E, who serves as the PRESIDENT of the company, sold 4,515 shares for $31.95 each. As a result, the insider received 144,254 and left with 380,038 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PGNY now has a Market Capitalization of 1183630720 and an Enterprise Value of 956337472. As of this moment, Progyny’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.94, and their Forward P/E ratio for the next fiscal year is 22.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.02 while its Price-to-Book (P/B) ratio in mrq is 2.82. Its current Enterprise Value per Revenue stands at 0.84 whereas that against EBITDA is 13.98.
Stock Price History:
Over the past 52 weeks, PGNY has reached a high of $42.08, while it has fallen to a 52-week low of $13.39. The 50-Day Moving Average of the stock is -18.76%, while the 200-Day Moving Average is calculated to be -48.74%.
Shares Statistics:
For the past three months, PGNY has traded an average of 2.23M shares per day and 1916250 over the past ten days. A total of 95.73M shares are outstanding, with a floating share count of 72.28M. Insiders hold about 15.12% of the company’s shares, while institutions hold 90.54% stake in the company. Shares short for PGNY as of 1730332800 were 11154209 with a Short Ratio of 5.00, compared to 1727654400 on 8144089. Therefore, it implies a Short% of Shares Outstanding of 11154209 and a Short% of Float of 15.43.
