Progyny Stock Target Price and Analyst Consensus

PGNY Stock  USD 15.75  0.31  2.01%   
The current analyst and expert consensus on Progyny is Buy with 6 hold recommendations. The current projected Progyny target price consensus is 49.14 with 11 analyst opinions. One of the most common ways Progyny analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Progyny vendors, executives, and/or customers. Progyny recommendation module provides expert sentiment on the projected Progyny target price to derive its highest and lowest estimates based on target price standard deviation of 5.3027.
Lowest Forecast
44.72
Highest Forecast
54.55
Target Price
49.14
At this time, Progyny's Gross Profit is fairly stable compared to the past year. Pretax Profit Margin is likely to rise to 0.07 in 2024, whereas Gross Profit Margin is likely to drop 0.16 in 2024. At this time, Progyny's Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 794.5 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 31.5 M in 2024.
  
It's important to approach Progyny's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Progyny price targets

Progyny's stock target price is an estimate of its future price, usually made by analysts. Using Progyny's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Progyny's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Progyny's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Progyny Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Progyny is a key component of Progyny valuation and have some predictive power on the future returns of a Progyny.
Hype
Prediction
LowEstimatedHigh
10.5215.7721.02
Details
Intrinsic
Valuation
LowRealHigh
14.1824.5429.79
Details
Naive
Forecast
LowNextHigh
11.1016.3521.60
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.380.390.40
Details

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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.