Progyny Stock Buy Hold or Sell Recommendation
| PGNY Stock | USD 16.13 0.22 1.35% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Progyny is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Progyny given historical horizon and risk tolerance towards Progyny. When Macroaxis issues a 'buy' or 'sell' recommendation for Progyny, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Progyny Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Progyny Stock please use our How to Invest in Progyny guide. In addition, we conduct extensive research on individual companies such as Progyny and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Progyny. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Progyny |
Execute Progyny Buy or Sell Advice
The Progyny recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Progyny. Macroaxis does not own or have any residual interests in Progyny or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Progyny's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Progyny Trading Alerts and Improvement Suggestions
| Progyny generated a negative expected return over the last 90 days | |
| Progyny has high historical volatility and very poor performance | |
| Progyny is unlikely to experience financial distress in the next 2 years | |
| Over 93.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Heres Whats Concerning About Progynys Returns On Capital |
Progyny Returns Distribution Density
The distribution of Progyny's historical returns is an attempt to chart the uncertainty of Progyny's future price movements. The chart of the probability distribution of Progyny daily returns describes the distribution of returns around its average expected value. We use Progyny price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Progyny returns is essential to provide solid investment advice for Progyny.
| Mean Return | -0.64 | Value At Risk | -5.09 | Potential Upside | 3.71 | Standard Deviation | 5.17 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Progyny historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Progyny Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Progyny, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Progyny back and forth among themselves.
| Shares | T. Rowe Price Investment Management,inc. | 2024-06-30 | 1.5 M | Principal Financial Group Inc | 2024-06-30 | 1.4 M | Farallon Capital Management, L.l.c. | 2024-06-30 | 1.3 M | Dimensional Fund Advisors, Inc. | 2024-06-30 | 1.3 M | Bank Of America Corp | 2024-06-30 | 1.2 M | Jennison Associates Llc | 2024-06-30 | 1.2 M | Northern Trust Corp | 2024-06-30 | 1.1 M | Fmr Inc | 2024-06-30 | 1.1 M | Thrivent Financial For Lutherans | 2024-06-30 | 1.1 M | Blackrock Inc | 2024-06-30 | 11.8 M | Vanguard Group Inc | 2024-06-30 | 8.3 M |
Progyny Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 2.3M | 17.1M | 2.9M | (12.6M) | (11.3M) | (10.7M) | |
| Investments | (2.8M) | (39.0M) | 10.9M | (43.9M) | (108.3M) | (102.9M) | |
| Change In Cash | 80.3M | (10.1M) | 21.1M | 28.7M | (22.8M) | (21.6M) | |
| Free Cash Flow | (4.5M) | 35.2M | 23.9M | 77.2M | 185.2M | 194.4M | |
| Depreciation | 2.1M | 1.9M | 1.3M | 1.6M | 2.3M | 2.0M | |
| Other Non Cash Items | 19.8M | 5.6M | 9.8M | 13.8M | 15.6M | 10.1M | |
| Capital Expenditures | 3.0M | 1.0M | 2.1M | 3.2M | 3.6M | 2.2M | |
| Net Income | (8.6M) | 46.5M | 65.8M | 30.4M | 62.0M | 65.1M | |
| End Period Cash Flow | 80.4M | 70.3M | 91.4M | 120.1M | 97.3M | 73.0M | |
| Change To Netincome | 24.9M | (19.5M) | 10.2M | 107.9M | 124.1M | 130.3M |
Progyny Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Progyny or Health Care Providers & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Progyny's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Progyny stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.73 | |
β | Beta against Dow Jones | 0.92 | |
σ | Overall volatility | 5.26 | |
Ir | Information ratio | -0.14 |
Progyny Volatility Alert
Progyny exhibits very low volatility with skewness of -4.38 and kurtosis of 24.42. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Progyny's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Progyny's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Progyny Fundamentals Vs Peers
Comparing Progyny's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Progyny's direct or indirect competition across all of the common fundamentals between Progyny and the related equities. This way, we can detect undervalued stocks with similar characteristics as Progyny or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Progyny's fundamental indicators could also be used in its relative valuation, which is a method of valuing Progyny by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Progyny to competition |
| Fundamentals | Progyny | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.0645 | -0.14 |
| Profit Margin | 0.06 % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 1.21 B | 16.62 B |
| Shares Outstanding | 90.28 M | 571.82 M |
| Shares Owned By Insiders | 6.58 % | 10.09 % |
| Shares Owned By Institutions | 93.42 % | 39.21 % |
| Number Of Shares Shorted | 8.14 M | 4.71 M |
| Price To Earning | 37.91 X | 28.72 X |
| Price To Book | 3.24 X | 9.51 X |
| Price To Sales | 1.30 X | 11.42 X |
| Revenue | 1.09 B | 9.43 B |
| Gross Profit | 167.32 M | 27.38 B |
| EBITDA | 64.47 M | 3.9 B |
| Net Income | 62.04 M | 570.98 M |
| Cash And Equivalents | 122.39 M | 2.7 B |
| Cash Per Share | 1.33 X | 5.01 X |
| Total Debt | 19.39 M | 5.32 B |
| Debt To Equity | 0.03 % | 48.70 % |
| Current Ratio | 2.46 X | 2.16 X |
| Book Value Per Share | 5.03 X | 1.93 K |
| Cash Flow From Operations | 188.81 M | 971.22 M |
| Short Ratio | 2.29 X | 4.00 X |
| Earnings Per Share | 0.63 X | 3.12 X |
| Price To Earnings To Growth | 8.52 X | 4.89 X |
| Target Price | 23.71 | |
| Number Of Employees | 563 | 18.84 K |
| Beta | 1.43 | -0.15 |
| Market Capitalization | 1.46 B | 19.03 B |
| Total Asset | 756.62 M | 29.47 B |
| Retained Earnings | 89.97 M | 9.33 B |
| Working Capital | 454.46 M | 1.48 B |
Note: Disposition of 1352 shares by Allison Swartz of Progyny at 21.59 subject to Rule 16b-3 [view details]
Progyny Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Progyny . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 22428.02 | |||
| Daily Balance Of Power | (0.61) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 16.2 | |||
| Day Typical Price | 16.18 | |||
| Price Action Indicator | (0.18) | |||
| Period Momentum Indicator | (0.22) | |||
| Relative Strength Index | 32.66 |
About Progyny Buy or Sell Advice
When is the right time to buy or sell Progyny? Buying financial instruments such as Progyny Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Progyny Stock Analysis
When running Progyny's price analysis, check to measure Progyny's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progyny is operating at the current time. Most of Progyny's value examination focuses on studying past and present price action to predict the probability of Progyny's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progyny's price. Additionally, you may evaluate how the addition of Progyny to your portfolios can decrease your overall portfolio volatility.