Phreesia Inc (NYSE:PHR) Has Recovered -22.41 Percent This Year, But Further Gains Of -30.36% Are Not Out Of The Question.

In last trading session, Phreesia Inc (NYSE:PHR) saw 0.49 million shares changing hands with its beta currently measuring 0.93. Company’s recent per share price level of $23.55 trading at -$2.14 or -8.33% at ring of the bell on the day assigns it a market valuation of $1.35B. That closing price of PHR’s stock is at a discount of -30.36% from its 52-week high price of $30.70 and is indicating a premium of 48.83% from its 52-week low price of $12.05. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.51 million shares which gives us an average trading volume of 412.06K if we extend that period to 3-months.

For Phreesia Inc (PHR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.29. Splitting up the data highlights that, out of 11 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 10 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.28 in the current quarter.

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Phreesia Inc (NYSE:PHR) trade information

Upright in the red during last session for losing -8.33%, in the last five days PHR remained trading in the red while hitting it’s week-highest on Friday, 09/06/24 when the stock touched $23.55 price level, adding 10.83% to its value on the day. Phreesia Inc’s shares saw a change of 1.73% in year-to-date performance and have moved -7.39% in past 5-day. Phreesia Inc (NYSE:PHR) showed a performance of 11.14% in past 30-days. Number of shares sold short was 2.73 million shares which calculate 7.7 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 30 to the stock, which implies a rise of 21.5% to its current value. Analysts have been projecting 23 as a low price target for the stock while placing it at a high target of 70. It follows that stock’s current price would jump 2.34% in reaching the projected high whereas dropping to the targeted low would mean a gain of 2.34% for stock’s current value.

Phreesia Inc (PHR) estimates and forecasts

Statistics highlight that Phreesia Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -8.12% of value to its shares in past 6 months, showing an annual growth rate of 53.78% while that of industry is 21.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 15.60% from the last financial year’s standing.

16 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 105.71M for the same. And 16 analysts are in estimates of company making revenue of 108.51M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -15.39% during past 5 years.

Phreesia Inc (NYSE:PHR)’s Major holders

Insiders are in possession of 4.61% of company’s total shares while institution are holding 95.99 percent of that, with stock having share float percentage of 100.63%. Investors also watch the number of corporate investors in a company very closely, which is 95.99% institutions for Phreesia Inc that are currently holding shares of the company. FMR LLC is the top institutional holder at PHR for having 6.74 million shares of worth $142.92 million. And as of 2024-06-30, it was holding 11.8967 of the company’s outstanding shares.

The second largest institutional holder is BROWN ADVISORY INC, which was holding about 5.77 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.1791 of outstanding shares, having a total worth of $122.28 million.

On the other hand, Smallcap World Fund and Fidelity Select Portfolios – Medical Technology & Devices Port are the top two Mutual Funds which own company’s shares. As of Mar 31, 2024 , the former fund manager was holding 2.59 shares of worth $61.07 million or 4.52% of the total outstanding shares. The later fund manager was in possession of 2.27 shares on Jul 31, 2024 , making its stake of worth around $53.46 million in the company or a holder of 3.95% of company’s stock.