Progyny (PGNY) Stock Price, News & Analysis

$25.60
-6.90 (-21.23%)
(As of 12:16 PM ET)
Today's Range
$23.90
$26.60
50-Day Range
$31.72
$38.15
52-Week Range
$23.90
$44.95
Volume
5.61 million shs
Average Volume
851,645 shs
Market Capitalization
$2.46 billion
P/E Ratio
41.29
Dividend Yield
N/A
Price Target
$48.11

Progyny MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
88.9% Upside
$48.11 Price Target
Short Interest
Bearish
8.56% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.46mentions of Progyny in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$3.85 M Sold Last Quarter
Proj. Earnings Growth
38.57%
From $0.70 to $0.97 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.21 out of 5 stars

Medical Sector

123rd out of 915 stocks

Miscellaneous Health & Allied Services, Not Elsewhere Classified Industry

1st out of 7 stocks

PGNY stock logo

About Progyny Stock (NASDAQ:PGNY)

Progyny, Inc., a benefits management company, specializes in fertility and family building benefits solutions in the United States. Its fertility benefits solution includes differentiated benefits plan design, personalized concierge-style member support services, and selective network of fertility specialists. The company also offers Progyny Rx, an integrated pharmacy benefits solution that provides its members with access to the medications needed during their treatment. In addition, it provides assistance service programs where various services can be offered through a reimbursement program, including adoption, surrogacy, doula, and travel reimbursement when travel is required to receive medical services. The company was formerly known as Auxogyn, Inc. and changed its name to Progyny, Inc. in 2015. Progyny, Inc. was incorporated in 2008 and is headquartered in New York, New York.

PGNY Stock Price History

PGNY Stock News Headlines

Why Is Progyny (PGNY) Stock Down 27% Today?
“Crash Insurance” For Your Retirement
When it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio.
Why Is Progyny (PGNY) Stock Down 27% Today?
“Crash Insurance” For Your Retirement
When it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio.
Progyny (PGNY) to Release Earnings on Thursday
Barclays Keeps Their Buy Rating on Progyny (PGNY)
Progyny, Inc. (PGNY)
Progyny CFO sells over $419k in company stock
PGNY Apr 2024 20.000 call
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Today
5/10/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Miscellaneous health & allied services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:PGNY
Fax
N/A
Employees
563
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$48.11
High Stock Price Target
$57.00
Low Stock Price Target
$43.00
Potential Upside/Downside
+48.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
10 Analysts

Profitability

Net Income
$62.04 million
Pretax Margin
6.49%

Debt

Sales & Book Value

Annual Sales
$1.09 billion
Cash Flow
$0.69 per share
Book Value
$5.77 per share

Miscellaneous

Free Float
84,288,000
Market Cap
$3.12 billion
Optionable
Optionable
Beta
1.51

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PGNY Stock Analysis - Frequently Asked Questions

Should I buy or sell Progyny stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Progyny in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PGNY shares.
View PGNY analyst ratings
or view top-rated stocks.

What is Progyny's stock price target for 2024?

10 Wall Street research analysts have issued 12 month target prices for Progyny's shares. Their PGNY share price targets range from $43.00 to $57.00. On average, they expect the company's stock price to reach $48.11 in the next twelve months. This suggests a possible upside of 88.9% from the stock's current price.
View analysts price targets for PGNY
or view top-rated stocks among Wall Street analysts.

How have PGNY shares performed in 2024?

Progyny's stock was trading at $37.18 at the beginning of 2024. Since then, PGNY stock has decreased by 31.5% and is now trading at $25.47.
View the best growth stocks for 2024 here
.

When is Progyny's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our PGNY earnings forecast
.

How were Progyny's earnings last quarter?

Progyny, Inc. (NASDAQ:PGNY) posted its quarterly earnings data on Thursday, May, 9th. The company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.03. The company earned $278.08 million during the quarter, compared to analysts' expectations of $289.41 million. Progyny had a trailing twelve-month return on equity of 12.64% and a net margin of 5.70%. The company's revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.18 EPS.

What guidance has Progyny issued on next quarter's earnings?

Progyny issued an update on its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share guidance of 0.390-0.410 for the period, compared to the consensus estimate of 0.180. The company issued revenue guidance of $300.0 million-$310.0 million, compared to the consensus revenue estimate of $335.8 million.

What is David Schlanger's approval rating as Progyny's CEO?

25 employees have rated Progyny Chief Executive Officer David Schlanger on Glassdoor.com. David Schlanger has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Progyny own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Progyny investors own include NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), Marvell Technology (MRVL), Alteryx (AYX), Micron Technology (MU), AbbVie (ABBV), Home Depot (HD), Advanced Micro Devices (AMD).

When did Progyny IPO?

Progyny (PGNY) raised $150 million in an initial public offering (IPO) on Friday, October 25th 2019. The company issued 10,000,000 shares at $14.00-$16.00 per share. J.P. Morgan, Goldman Sachs and BofA Merrill Lynch acted as the underwriters for the IPO and Citigroup, Piper Jaffray, SVB Leerink and TPG Capital were co-managers.

Who are Progyny's major shareholders?

Progyny's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (2.70%), Riverbridge Partners LLC (2.08%), Principal Financial Group Inc. (1.46%), Baillie Gifford & Co. (1.16%), Congress Asset Management Co. MA (1.05%) and Deepwater Asset Management LLC (0.41%). Insiders that own company stock include Cheryl Scott, David J Schlanger, Group Holdings (Sbs) Advis Tpg, Jennifer Bealer, Kevin K Gordon, Mark S Livingston, Michael E Sturmer, Norman Payson, Peter Anevski, Robert Michael Floyd and Tpg Gp A, Llc.
View institutional ownership trends
.

How do I buy shares of Progyny?

Shares of PGNY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PGNY) was last updated on 5/10/2024 by MarketBeat.com Staff

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