For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Progyny Inc (NASDAQ: PGNY) closed at $20.89 down -1.42% from its previous closing price of $21.19. In other words, the price has decreased by -$1.42 from its previous closing price. On the day, 0.85 million shares were traded.
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 6.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.15. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 2.39. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.06.
On November 13, 2024, Truist Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $26 to $19.
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 Dec 26 ’24 when Schlanger David J bought 150,000 shares for $14.68 per share. The transaction valued at 2,202,330 led to the insider holds 228,269 shares of the business.
Anevski Peter bought 209,500 shares of PGNY for $3,034,084 on Dec 23 ’24. The CHIEF EXECUTIVE OFFICER now owns 441,463 shares after completing the transaction at $14.48 per share. On Dec 09 ’24, another insider, SEIDENBERG BETH C, who serves as the Director of the company, bought 39,680 shares for $15.82 each.
Valuation Measures:
As of this moment, Progyny’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.87, and their Forward P/E ratio for the next fiscal year is 24.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48 while its Price-to-Book (P/B) ratio in mrq is 3.83.
Stock Price History:
Over the past 52 weeks, PGNY has reached a high of $30.42, while it has fallen to a 52-week low of $13.39. The 50-Day Moving Average of the stock is -5.38%, while the 200-Day Moving Average is calculated to be 6.03%.
Shares Statistics:
A total of 85.67M shares are outstanding, with a floating share count of 78.49M. Insiders hold about 8.43% of the company’s shares, while institutions hold 88.31% stake in the company.
