With 2.4 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.77 million shares. The 52-week range on PGNY shows that it touched its highest point at $40.89 and its lowest point at $13.39 during that stretch. It currently has a 1-year price target of $23.43. Beta for the stock currently stands at 1.41.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PGNY was down-trending over the past week, with a drop of -4.19%, but this was down by -3.01% over a month. Three-month performance surged to 48.19% while six-month performance rose 5.44%. The stock lost -42.61% in the past year, while it has gained 32.64% so far this year. A look at the trailing 12-month EPS for PGNY yields 0.58 with Next year EPS estimates of 0.89. For the next quarter, that number is 0.14. This implies an EPS growth rate of 6.43% for this year and 47.28% for next year.
Float and Shares Shorts:
At present, 88.34 million PGNY shares are outstanding with a float of 71.30 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PGNY since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.55589 being high and $0.52827 being low. For PGNY, this leads to a yearly average estimate of $0.54208. Based on analyst estimates, the high estimate for the next quarter is $0.47 and the low estimate is $0.4. The average estimate for the next quarter is thus $0.42.
