Phreesia Inc (NYSE:PHR) price on Friday, March 21, fall -0.54% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $27.46.
A look at the stock’s price movement, the close in the last trading session was $27.61, moving within a range at $26.9249 and $28.09. The beta value (5-Year monthly) was 1.028. Turning to its 52-week performance, $30.53 and $17.07 were the 52-week high and 52-week low respectively. Overall, PHR moved -3.51% over the past month.
Phreesia Inc’s market cap currently stands at around $1.61 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-11.
Analysts have a consensus estimate of 115.26M for the company’s revenue for the quarter, with a low and high estimate of 113.86M and 116.98M respectively. The average forecast suggests up to a 13.88% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 477.24M, representing a 13.68% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PHR is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
11 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 10 recommend PHR as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
PHR’s current price about 6.17% and 0.65% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 54.48, while 7-day volatility ratio is 5.58% and 5.55% in the 30-day chart. Further, Phreesia Inc (PHR) has a beta value of 0.79, and an average true range (ATR) of 1.41. Analysts have given the company’s stock an average 52-week price target of $31, forecast between a low of $30 and high of $32. Looking at the price targets, the low is -9.25% off current price level while to achieve the yearly target high, price needs to move -16.53%. Nonetheless, investors will most likely welcome a -12.89% jump to $31 which is the analysts’ median price.
If we refocus on Phreesia Inc (NYSE:PHR), historical trading data shows that trading volumes averaged 0.75 over the past 10 days and 431.93K over the past 3 months. The company’s latest data on shares outstanding shows there are 58.73 million shares.
The 8.50% of Phreesia Inc’s shares are in the hands of company insiders while institutional holders own 92.97% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.06 million on 2025-02-28, giving us a short ratio of 5.11. The data shows that as of 2025-02-28 short interest in Phreesia Inc (PHR) stood at 430.99999999999994 of shares outstanding, with shares short falling to 2.5 million registered in 2025-01-31. Current price change has pushed the stock 9.14% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PHR stock continues to rise going into the next quarter.
