Reviewing Progyny (PGNY) & Its Competitors

Progyny (NASDAQ: PGNY) is one of 27 publicly-traded companies in the “Miscellaneous health & allied services, not elsewhere classified” industry, but how does it weigh in compared to its peers? We will compare Progyny to related companies based on the strength of its risk, profitability, institutional ownership, earnings, valuation, dividends and analyst recommendations.

Analyst Ratings

This is a breakdown of recent recommendations for Progyny and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progyny 0 1 5 0 2.83
Progyny Competitors 92 389 536 15 2.46

Progyny presently has a consensus price target of $43.40, indicating a potential downside of 32.19%. As a group, “Miscellaneous health & allied services, not elsewhere classified” companies have a potential upside of 19.40%. Given Progyny’s peers higher probable upside, analysts plainly believe Progyny has less favorable growth aspects than its peers.

Volatility and Risk

Progyny has a beta of 1.82, suggesting that its stock price is 82% more volatile than the S&P 500. Comparatively, Progyny’s peers have a beta of 7.07, suggesting that their average stock price is 607% more volatile than the S&P 500.

Profitability

This table compares Progyny and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Progyny 14.97% 17.31% 11.16%
Progyny Competitors -39.15% 16.05% -9.95%

Earnings & Valuation

This table compares Progyny and its peers gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Progyny $344.86 million $46.46 million 355.56
Progyny Competitors $1.94 billion $96.17 million 42.17

Progyny’s peers have higher revenue and earnings than Progyny. Progyny is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Insider & Institutional Ownership

81.5% of Progyny shares are held by institutional investors. Comparatively, 43.2% of shares of all “Miscellaneous health & allied services, not elsewhere classified” companies are held by institutional investors. 33.3% of Progyny shares are held by insiders. Comparatively, 26.4% of shares of all “Miscellaneous health & allied services, not elsewhere classified” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Progyny beats its peers on 8 of the 13 factors compared.

About Progyny

Progyny, Inc., a benefits management company, specializes in fertility and family building benefits solutions for employers in the United States. Its fertility benefits solution includes differentiated benefits plan design, personalized concierge-style member support services, and selective network of fertility specialists. The company also offers Progyny Rx, an integrated pharmacy benefits solution that provides its members with access to the medications needed during their treatment. In addition, it provides surrogacy and adoption reimbursement programs for employers. The company was formerly known as Auxogyn, Inc. and changed its name to Progyny, Inc. in 2015. Progyny, Inc. was incorporated in 2008 and is headquartered in New York, New York.

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