Phreesia Inc [PHR] stock prices are up 2.48% to $25.63 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PHR shares have gain 3.56% over the last week, with a monthly amount drifted -4.65%, and not seem to be holding up well over a long-time horizon.
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On 27, February 2024, Phreesia’s Hilary Hatch Again Named to the 2024-2025 NQF Leadership Consortium. In a post published today on Yahoo Finance, Phreesia is proud to announce that its Chief Clinical Officer Hilary Hatch, PhD, has been selected to participate in the National Quality Forum (NQF)’s 2024-2025 Leadership Consortium. Dr. Hatch is one of only 29 healthcare leaders included in the prestigious group, underscoring her dedication to healthcare quality and patient-centered care. She was first named to the group for a two-year term in 2022.
From an analyst’s perspective:
Phreesia Inc [NYSE: PHR] stock has seen the most recent analyst activity on February 26, 2024, when Truist initiated its Buy rating and assigned the stock a price target of $35. Previously, DA Davidson upgraded its rating to Buy on January 17, 2024, and elevated its price target to $32. On January 03, 2024, Barclays initiated with a Overweight rating and assigned a price target of $29 on the stock. Stephens started tracking the stock assigning a Overweight rating and suggested a price target of $37 on April 12, 2023. Needham reiterated its recommendation of a Buy and raised its price target to $40 on January 04, 2023. Citigroup upgraded its rating to Buy for this stock on December 13, 2022, but kept the price target unchanged to $40. In a note dated December 09, 2022, SVB Leerink upgraded an Outperform rating on this stock and boosted its target price from $31 to $34.
The stock price of Phreesia Inc [PHR] has been fluctuating between $12.05 and $38.86 over the past year. Currently, Wall Street analysts expect the stock to reach $45.56 within the next 12 months. Phreesia Inc [NYSE: PHR] shares were valued at $25.63 at the most recent close of the market. An investor can expect a potential return of 77.76% based on the average PHR price forecast.
Analyzing the PHR fundamentals
The Phreesia Inc [NYSE:PHR] reported sales of 337.88M for trailing twelve months, representing a surge of 25.33%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at -0.43%, Pretax Profit Margin comes in at -0.42%, and Net Profit Margin reading is -0.43%. To continue investigating profitability, this company’s Return on Assets is posted at -0.39, Equity is -0.54 and Total Capital is -0.53. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 25.08 points at the first support level, and at 24.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.37, and for the 2nd resistance point, it is at 27.11.
Phreesia Inc [PHR] reported earnings per share of -$0.25 for its fiscal quarter that ended on 10/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.36/share, meaning a difference of $0.11 and a surprise factor of 30.60%. By comparison, the stated earnings for the previous quarter ended on 7/30/2023 were -$0.34 per share as compared to estimates of -$0.42 per share, a difference of $0.08 representing a surprise of 19.00%.
Ratios To Look Out For
It’s worth pointing out that Phreesia Inc [NYSE:PHR]’s Current Ratio is 2.02. On the other hand, the Quick Ratio is 2.02, and the Cash Ratio is 1.05. Considering the valuation of this stock, the price to sales ratio is 4.22, the price to book ratio is 5.39.
Transactions by insiders
Recent insider trading involved Gunzburg Janet, Principal Accounting Officer, that happened on Feb 09 ’24 when 480.0 shares were sold. Principal Accounting Officer, Gunzburg Janet completed a deal on Feb 02 ’24 to sell 480.0 shares. Meanwhile, Principal Accounting Officer Gunzburg Janet sold 328.0 shares on Feb 01 ’24.
