Progyny (PGNY) Stock Price, News & Analysis

$32.40
-0.66 (-2.00%)
(As of 04/23/2024 ET)
Today's Range
$32.34
$33.30
50-Day Range
$31.88
$41.38
52-Week Range
$29.44
$44.95
Volume
625,184 shs
Average Volume
786,847 shs
Market Capitalization
$3.11 billion
P/E Ratio
52.26
Dividend Yield
N/A
Price Target
$48.30

Progyny MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
49.1% Upside
$48.30 Price Target
Short Interest
Bearish
7.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.50mentions of Progyny in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$4.57 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.

4.30 out of 5 stars

Medical Sector

131st out of 910 stocks

Miscellaneous Health & Allied Services, Not Elsewhere Classified Industry

2nd out of 6 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

Man Who Predicted 2008: “This Will be Worse.”
He Was China's Second In Command – Then He Blew The Whistle Want to know what's really ahead for China's "economic miracle?" Beijing's second most powerful politician tried to warn us – and he may have paid with his life. And that's just one reason why the smart money is fleeing China for safer shores. U.S. Pentagon consultant Joel Litman has the full story – and a list of U.S. companies you'll want to buy now.
Progyny, Inc. (PGNY)
Progyny (NASDAQ:PGNY) Rating Reiterated by Truist Financial
Man Who Predicted 2008: “This Will be Worse.”
He Was China's Second In Command – Then He Blew The Whistle Want to know what's really ahead for China's "economic miracle?" Beijing's second most powerful politician tried to warn us – and he may have paid with his life. And that's just one reason why the smart money is fleeing China for safer shores. U.S. Pentagon consultant Joel Litman has the full story – and a list of U.S. companies you'll want to buy now.
Progyny CFO sells over $419k in company stock
PGNY Apr 2024 20.000 call
PGNY Apr 2024 55.000 call
PGNY Apr 2024 30.000 call
PGNY Apr 2024 40.000 put
Truist Financial Reaffirms Their Buy Rating on Progyny (PGNY)
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Today
4/23/2024
Next Earnings (Estimated)
5/13/2024
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
$48.30
High Stock Price Target
$57.00
Low Stock Price Target
$43.00
Potential Upside/Downside
+46.1%
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
$0.68 per share
Book Value
$5.77 per share

Miscellaneous

Free Float
84,288,000
Market Cap
$3.18 billion
Optionable
Optionable
Beta
1.48

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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 year. There are currently 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "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 1-year price targets for Progyny's stock. Their PGNY share price targets range from $43.00 to $57.00. On average, they anticipate the company's stock price to reach $48.30 in the next year. This suggests a possible upside of 49.1% 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 start of the year. Since then, PGNY shares have decreased by 12.9% and is now trading at $32.40.
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 Monday, May 13th 2024.
View our PGNY earnings forecast
.

How were Progyny's earnings last quarter?

Progyny, Inc. (NASDAQ:PGNY) announced its quarterly earnings results on Tuesday, February, 27th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.04. The business had revenue of $269.94 million for the quarter, compared to the consensus estimate of $274.08 million. Progyny had a trailing twelve-month return on equity of 12.64% and a net margin of 5.70%. The firm's revenue for the quarter was up 26.0% on a year-over-year basis. During the same period last year, the firm earned $0.03 EPS.

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

Progyny issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of 0.330-0.350 for the period, compared to the consensus estimate of 0.180. The company issued revenue guidance of $285.0 million-$292.0 million, compared to the consensus revenue estimate of $314.0 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 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 number of retail and institutional investors. Top institutional shareholders include Congress Asset Management Co. MA (1.05%), Deepwater Asset Management LLC (0.41%), International Assets Investment Management LLC (0.16%), Congress Wealth Management LLC DE (0.16%), Los Angeles Capital Management LLC (0.05%) and Amalgamated Bank (0.05%). 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 4/23/2024 by MarketBeat.com Staff

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