A new trading day began on Friday, with Progyny Inc (NASDAQ: PGNY) stock price up 0.83% from the previous day of trading, before settling in for the closing price of $21.68. PGNY’s price has ranged from $13.39 to $38.98 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 39.61% over the past five years. Meanwhile, its annual earnings per share averaged 6.63%. With a float of $71.37 million, this company’s outstanding shares have now reached $85.31 million.
Let’s look at the performance matrix of the company that is accounted for 680 employees. In terms of profitability, gross margin is 21.71%, operating margin of 5.78%, and the pretax margin is 7.13%.
Progyny Inc (PGNY) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Healthcare Plans Industry. The insider ownership of Progyny Inc is 16.44%, while institutional ownership is 89.95%. The most recent insider transaction that took place on Dec 26 ’24, was worth 2,202,330. In this transaction Executive Chairman of this company bought 150,000 shares at a rate of $14.68, taking the stock ownership to the 228,269 shares. Before that another transaction happened on Dec 23 ’24, when Company’s CHIEF EXECUTIVE OFFICER bought 209,500 for $14.48, making the entire transaction worth $3,034,084. This insider now owns 441,463 shares in total.
Progyny Inc (PGNY) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.63% per share during the next fiscal year.
Progyny Inc (NASDAQ: PGNY) Trading Performance Indicators
Here are Progyny Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.60. Likewise, its price to free cash flow for the trailing twelve months is 10.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.57, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.85 in one year’s time.
Technical Analysis of Progyny Inc (PGNY)
Progyny Inc (NASDAQ: PGNY) saw its 5-day average volume 2.19 million, a positive change from its year-to-date volume of 1.94 million. As of the previous 9 days, the stock’s Stochastic %D was 91.74%. Additionally, its Average True Range was 0.88.
During the past 100 days, Progyny Inc’s (PGNY) raw stochastic average was set at 63.35%, which indicates a significant decrease from 92.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.29% in the past 14 days, which was lower than the 54.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.80, while its 200-day Moving Average is $20.89. Nevertheless, the first resistance level for the watch stands at $22.16 in the near term. At $22.45, the stock is likely to face the second major resistance level. The third major resistance level sits at $22.87. If the price goes on to break the first support level at $21.45, it is likely to go to the next support level at $21.03. Assuming the price breaks the second support level, the third support level stands at $20.74.
Progyny Inc (NASDAQ: PGNY) Key Stats
With a market capitalization of 1.87 billion, the company has a total of 85,413K Shares Outstanding. Currently, annual sales are 1,167 M while annual income is 54,340 K. The company’s previous quarter sales were 298,430 K while its latest quarter income was 10,530 K.
