Progyny Inc (NASDAQ: PGNY) is -3.85% lower on its value in year-to-date trading and has touched a low of $29.44 and a high of $44.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PGNY stock was last observed hovering at around $35.67 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $35.75, the stock is -1.14% and -5.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.9 million and changing 0.22% at the moment leaves the stock -1.96% off its SMA200. PGNY registered 11.30% gain for a year compared to 6-month gain of 5.40%. The firm has a 50-day simple moving average (SMA 50) of $2.84 and a 200-day simple moving average (SMA200) of $47.94.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 0.76% loss in the last 1 month and extending the period to 3 months gives it a -3.92%, and is -3.48% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.29% over the week and 3.08% over the month.
Progyny Inc (PGNY) has around 566 employees, a market worth around $3.45B and $1.09B in sales. Current P/E ratio is 57.96 and Fwd P/E is 36.02. Profit margin for the company is 5.70%. Distance from 52-week low is 21.43% and -20.47% from its 52-week high. The company has generated returns on investments over the last 12 months (10.87%).
Progyny Inc quarterly earnings per share for the current quarter are estimated at $0.13 with sales reaching $289.46M over the same period.The EPS is expected to grow by 12.21% this year, but quarterly earnings will post 19.30% year-over-year. Quarterly sales are estimated to grow 12.00% in year-over-year returns.
444 institutions hold shares in Progyny Inc (PGNY), with institutional investors hold 101.85% of the company’s shares. The shares outstanding are 95.73M, and float is at 83.26M with Short Float at 7.45%. Institutions hold 100.70% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 9.56 million shares valued at $376.02 million. The investor’s holdings represent 10.02% of the PGNY Shares outstanding. As of Jun 29, 2023, the second largest holder is TPG GP A, LLC with 9.25 million shares valued at $363.89 million to account for 9.70% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 7.59 million shares representing 7.96% and valued at over $298.69 million, while KPCB XIII Associates, LLC holds 5.32% of the shares totaling 5.07 million with a market value of $199.64 million.
Progyny Inc (PGNY) Insider Activity
The most recent transaction is an insider sale by Payson Norman, the company’s Director. SEC filings show that Payson Norman sold 200 shares of the company’s common stock on Nov 23 ’24 at a price of $56.29 per share for a total of $11258.0. Following the sale, the insider now owns 0.58 million shares.
Progyny Inc disclosed in a document filed with the SEC on Apr 01 ’24 that Livingston Mark S. (CHIEF FINANCIAL OFFICER) sold a total of 11,165 shares of the company’s common stock. The trade occurred on Apr 01 ’24 and was made at $37.62 per share for $0.42 million. Following the transaction, the insider now directly holds 50119.0 shares of the PGNY stock.
Still, SEC filings show that on Apr 01 ’24, Sturmer Michael E (PRESIDENT) disposed off 6,395 shares at an average price of $37.60 for $0.24 million. The insider now directly holds 384,553 shares of Progyny Inc (PGNY).
