At the time of writing, Phreesia Inc [PHR] stock is trading at $20.30, down -0.15%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PHR shares have gain 9.61% over the last week, with a monthly amount glided 10.57%, and seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Phreesia Inc fluctuated between $14.55 and $29.16. Currently, Wall Street analysts expect the stock to reach $36.31 within the next 12 months. Phreesia Inc [NYSE: PHR] shares were valued at $20.30 at the most recent close of the market. An investor can expect a potential return of 78.87% based on the average PHR price forecast.
Analyzing the PHR fundamentals
According to Phreesia Inc [NYSE:PHR], the company’s sales were 389.96M for trailing twelve months, which represents an 18.97% jump. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at -0.25%, Pretax Profit Margin comes in at -0.25%, and Net Profit Margin reading is -0.26%. To continue investigating profitability, this company’s Return on Assets is posted at -0.28, Equity is -0.39 and Total Capital is -0.38. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
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 20.07 points at the first support level, and at 19.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.55, and for the 2nd resistance point, it is at 20.80.
Ratios To Look Out For
It is important to note that Phreesia Inc [NYSE:PHR] has a current ratio of 1.77. As well, the Quick Ratio is 1.77, while the Cash Ratio is 0.8. Considering the valuation of this stock, the price to sales ratio is 3.01, the price to book ratio is 4.66.
Transactions by insiders
Recent insider trading involved Linetsky David, SVP, Life Sciences, that happened on Oct 18 ’24 when 1100.0 shares were sold. Officer, Linetsky David completed a deal on Oct 18 ’24 to buy 1100.0 shares. Meanwhile, Chief Financial Officer Gandhi Balaji sold 864.0 shares on Oct 15 ’24.
