PGNY Stock Prediction to Buy

That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. A.I.dvisor indicates that over the last year, PGNY has been loosely correlated with NET. This A.I.-generated data suggests there is some statistical probability that if PGNY jumps, then NET could also see price increases.

The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. PGNY moved above its 50-day moving average on April 27, 2023 date and that indicates a change from a downward trend to an upward trend. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time.

Upside – Most Accurate Estimate Versus Zacks Consensus More Info

ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Also, the company stock has low volatility and daily price fluctuations are not a regular occurrence. And finally, PG is dedicating resources to the R&D activities which is predicted to increase its revenues, meaning the company might distribute larger dividends which are welcomed by investors. The first significant decline occurred in March 2000, when the stock price plunged 30% in a single day, due to weak financial results caused by higher costs for raw materials. Overall, P&G stock price fell by around 50% in the first half of 2000, and the company recorded an All-Time-Low per share of $27 in March 2000. Real-time analyst ratings, insider transactions, earnings data, and more.

• Now you can buy PG stock by logging into your ZFX MT4 trading account.
• Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
• At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
• The first significant decline occurred in March 2000, when the stock price plunged 30% in a single day, due to weak financial results caused by higher costs for raw materials.
• The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Maintaining independence and editorial freedom is essential to our mission of empowering debunking eight myths about technical analysis success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Progyny has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. PGY, -1.47% were surging more than 20% in premarket action Wednesday after the financial-technology company, which uses artificial intelligence in credit, issued an …

ZFX is focused on making the trading experience enjoyable for both new and experienced traders. It offers different trading accounts and an MT4 trading platform rich with diverse trading tools. Moreover, traders have access to a trading calculator, educational materials, market news and an economic calendar that provides values for key indicators related to different economies. 4 analysts believe the stock is overweight, indicating that the PG share has the potential to outperform other assets.

Progyny, Inc. Announces Details for Its First Quarter 2023 Results Report

The company was founded in 2016 and is headquartered in Tel Aviv, Israel. PG shares are a popular investment for asset management companies, mutual funds, hedge funds, investment advisory companies, wealth advisors and individual investors. Hence, changes in the interest coming from major institutional investors may indicate possible movement in P and G stock prices. You should thus pay attention to any shift in these interests. “2022 was another strong year for Progyny, highlighted by record levels of revenue, gross profit and operating cash flow, as utilization remained both healthy and consistent with our expectations throughout the year.

By dividing the most accurate estimate by the consensus estimate, you can see the difference between the two. A positive difference is obviously better than a negative one. Magnitude is the size of the recent change in the current consensus estimate for the fiscal year and next fiscal year over the last 60 days. Agreement is the extent to which all earnings estimates are being revised in the same direction.

Progyny to Discuss its Strong 2022 Financial Performance at Upcoming Investor Conference

The following information was filed by Progyny, Inc. on Monday, February 27, 2023 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. Progyny, Inc. reports have an aggregate usefulness score of 4.7 based on 144 reviews. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Intraday Data provided by FACTSET and subject to terms of use. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.

Progyny, Inc., a benefits management company, specializes in fertility and family building benefits solutions for employers 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 surrogacy and adoption reimbursement programs for employers. The company was formerly known as Auxogyn, Inc. and changed its name to Progyny, Inc. in 2015.

2.Adjusted EBITDA and Adjusted EBITDA margin are financial measures that are not required by, or presented in accordance with, U.S. generally accepted accounting principles (“GAAP”). Please see Annex A of this press release for a reconciliation of Adjusted EBITDA to net income, the most directly comparable financial measure stated in accordance with GAAP for each of the periods presented. We calculate Adjusted EBITDA margin as Adjusted EBITDA divided by revenue. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest.

Progyny, Inc. Announces Fourth Quarter 2022 Results

Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. SectorIndustryMarket CapRevenue MedicalMedical Services$3.104B$0.787B Progyny Inc. is a fertility benefits management company. It specializes in fertility and family building benefits solutions.

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of PGNY stock can currently be purchased for approximately $33.24.

The average market capitalization across the Packaged Software Industry is 7.19B. The market cap for tickers in the group ranges from 291 to 2.28T. To a premier network of fertility specialists using the latest science and technologies, reduces healthcare costs for the nation’s leading employers, and drives optimal clinical outcomes. They envision a world where anyone who wants to have a child can do so. Provide specific products and services to you, such as portfolio management or data aggregation.

P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Only 2 people have added Progyny to their MarketBeat watchlist in the last 30 days. MarketBeat has tracked 12 news articles for Progyny this week, compared to 4 articles on an average week. Short interest in Progyny has recently increased by 2.82%, indicating that investor sentiment is decreasing.

The company has a solid financial performance, and as a blue-chip company, it can add stability to your portfolio. P&G stock is also supported with a stable cash flow, satisfactory earnings and strong financial position. It is also attractive to investors because ofPG’s strengths and position in global markets. For example, during the covid-19 pandemic, P&G organic sales were higher than the organic sales recorded by certain competitors. First off, P&G is considered to be a blue-chip company with a high degree of stability and reliable performance.

AnaChart does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data. Most recent stock forecast was given by SARAH JAMES from BARCLAYS on 21-Apr-2023. PGNY is expected to report next financial results on May 05, 2023. The company has developed strong partnerships with top-tier fertility clinics, enabling it to offer the latest and most advanced treatments to its patients.

Even though it is a popular brick and mortar https://1investing.in/, P and G follows the technological developments and changes in customer preferences. Hence, the company has developed e-commerce solutions, and already records a significant level of revenue from its online presence. It assigns a high value to innovation, which is a crucial factor that enables PG to grow through increased value to customers, cost reductions, and developments of new products. Now you can buy PG stock by logging into your ZFX MT4 trading account.

• As such, media and financial experts cover news about PG stock price and what affects it.
• The company also offers Progyny Rx, an integrated pharmacy benefits solution that provides its members with access to the medications needed during their treatment.
• Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management.
• View analysts price targets for PGNY or view top-rated stocks among Wall Street analysts.
• P&G stock is also supported with a stable cash flow, satisfactory earnings and strong financial position.

The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.

Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. The size of the P&G company and its integration in the global markets means that many market participants closely monitor its stock. As such, media and financial experts cover news about PG stock price and what affects it.

This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a lower news sentiment than the 0.65 average news sentiment score of Medical companies. According to analysts’ consensus price target of $48.20, Progyny has a forecasted upside of 45.0% from its current price of $33.24. The company’s average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.