Phreesia (PHR) Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Phreesia in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PHR shares.
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13 brokerages have issued 12 month price objectives for Phreesia's stock. Their PHR share price forecasts range from $30.00 to $43.00. On average, they anticipate the company's share price to reach $37.71 in the next year. This suggests a possible upside of 25.0% from the stock's current price.
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Phreesia's stock was trading at $32.36 at the beginning of the year. Since then, PHR shares have decreased by 6.8% and is now trading at $30.16.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 31st 2023.
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Phreesia will be holding an earnings conference call on Wednesday, May 31st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Phreesia, Inc. (NYSE:PHR) announced its quarterly earnings data on Wednesday, March, 22nd. The company reported ($0.72) earnings per share for the quarter, beating the consensus estimate of ($0.78) by $0.06. The firm earned $76.59 million during the quarter, compared to analysts' expectations of $74.50 million. Phreesia had a negative trailing twelve-month return on equity of 52.67% and a negative net margin of 62.71%. The company's revenue for the quarter was up 32.0% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.90) EPS.

ETFs with the largest weight of Phreesia (NYSE:PHR) stock in their portfolio include Global X Telemedicine & Digital Health ETF (EDOC), Fidelity Digital Health ETF (FDHT), Invesco DWA Healthcare Momentum ETF (PTH), SPDR FactSet Innovative Technology ETF (XITK), BlackRock Future Innovators ETF (BFTR), First Trust Small Cap Growth AlphaDEX Fund (FYC), Invesco DWA SmallCap Momentum ETF (DWAS) and

Phreesia issued an update on its FY 2024 earnings guidance on Wednesday, March, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $353.00 million-$356.00 million, compared to the consensus revenue estimate of $357.83 million.

172 employees have rated Phreesia Chief Executive Officer Chaim Indig on Glassdoor.com. Chaim Indig has an approval rating of 73% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Phreesia investors own include Fastly (FSLY), Zscaler (ZS), Okta (OKTA), DocuSign (DOCU), HealthEquity (HQY), Block (SQ), Appian (APPN), Walt Disney (DIS), Globant (GLOB) and Invitae (NVTA).

(PHR) raised $127 million in an initial public offering on Thursday, July 18th 2019. The company issued 7,800,000 shares at $15.00-$17.62 per share. J.P. Morgan, Wells Fargo Securities, William Blair, Allen & Company and Piper Jaffray served as the underwriters for the IPO.

Phreesia trades on the New York Stock Exchange (NYSE) under the ticker symbol "PHR."

Phreesia's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (13.34%), BlackRock Inc. (8.42%), Brown Advisory Inc. (6.05%), Credit Suisse AG (3.64%), Granahan Investment Management LLC (2.79%) and Jennison Associates LLC (2.58%). Insiders that own company stock include Allison C Hoffman, Allison C Hoffman, Amy Beth Vanduyn, Balaji Gandhi, Chaim Indig, Charles Kallenbach, Cheryl Pegus, Daniel Nathan, David Linetsky, Edward L Cahill, Edward L Cahill, Evan Roberts, Gillian Munson, Mark Douglas Smith, Michael J Davidoff, Michael Weintraub, Randy Rasmussen and Thomas Altier.
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Shares of PHR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PHR stock can currently be purchased for approximately $30.16.

Phreesia (NYSE:PHR) has a market capitalization of $1.62 billion and generates $280.91 million in revenue each year. The company earns $-176,150,000.00 in net income (profit) each year or ($3.36) on an earnings per share basis.

The company employs 1,546 workers across the globe.

Phreesia's mailing address is 432 Park Avenue South 12th Floor, New York NY, 10016. The official website for the company is www.phreesia.com. The company can be reached via phone at (888) 654-7473, via email at investors@phreesia.com, or via fax at 646-607-1776.