Progyny (PGNY) Stock Insights

PGNY price $27.87 +0.15 +0.54%

Ticker
PGNY
Price
$27.87
Change
+0.15 +0.54%
Market cap ?
$2.14B
P/E ?
29.00
Forward P/E ?
21.69
Dividend yield ?
0.00%
Beta ?
1.02
Sector
Healthcare
Industry
Medical - Healthcare Plans

Financials

201720182019202020212022202320242025
48584000105400000229683000344858000500621000786913000108859800011672210001288661000

Progyny, Inc. functions as a benefits management corporation, dedicated to providing specialized solutions for fertility and broader family-building initiatives to employers throughout the United States. Its core fertility offering is characterized by a distinctive benefits plan architecture, paired with personalized, white-glove member support services and access to a meticulously chosen network of top-tier…

Fair value

PGNY fair value $47.68. Price $27.87. Price is 42% below fair value.

Below fair value, around its usual discount.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 217.99M. Growth 9.85%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.91% (beta 1.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 76.73M. Net debt -84.51M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare PGNY

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-11-04—0.31—340.76M
2026-08-060.360.33350.51M349.05M
2026-05-070.300.26328.50M326.46M
2026-02-260.150.15318.40M307.42M
2025-11-060.160.39313.35M299.26M
2025-08-070.200.17332.87M320.10M
2025-05-080.180.19324.04M307.86M
2025-02-270.120.11298.43M277.78M
2024-11-120.110.14286.62M296.85M
2024-08-060.170.17304.09M305.11M
2024-05-090.170.14278.08M289.41M
2024-02-270.130.11269.94M274.08M
2023-11-070.160.12280.89M271.20M
2023-08-030.150.10279.37M261.91M
2023-05-080.180.07258.39M246.43M
2023-02-270.030.01214.32M211.78M
2022-11-030.130.05205.37M194.54M
2022-08-040.090.05195.00M190.51M
2022-05-050.050.01172.22M167.18M
2022-02-280.150.04127.55M134.63M
2021-11-040.170.06122.28M128.96M
2021-08-050.190.08128.65M119.40M
2021-05-060.150.08122.13M121.27M
2021-02-240.070.06100.30M97.73M
2020-11-050.050.0598.93M98.93M
2020-08-05-0.02-0.0364.61M96.91M
2020-05-120.040.0281.02M40.51M
2020-03-050.010.0265.12M130.24M
2019-12-040.030.0261.20M60.83M
2019-10-250.02—56.17M—
2019-03-310.03—47.20M—
2018-12-31-0.02—29.19M—
2018-09-30-0.01—27.80M—
2018-06-30-0.15—26.16M—
2018-03-31-0.28—22.26M—

Dividends

Yield 0.00%. Payout ratio 0.00%. Frequency —.

Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.

Ex-dateDividendRecordPaymentFrequency
No data yet.

Insider trades

DateInsiderActionSharesPriceValue
2026-10-14Cummings Melissa BSell1.56K$27.3942.70K
2026-10-14Cummings Melissa BSell1.88K$28.0052.61K
2026-09-23Swartz AllisonSell3.90K$26.10101.87K
2026-09-17Clapp GeoffreySell819$27.3822.42K
2026-09-10GORDON KEVIN KBuy22.00K$13.00286.00K
2026-09-10GORDON KEVIN KSell22.00K$13.00286.00K
2026-09-10GORDON KEVIN KSell10.50K$27.24286.02K
2026-09-10GORDON KEVIN KSell11.50K$27.12311.86K
2026-09-10GORDON KEVIN KBuy22.00K$13.00286.00K
2026-09-10GORDON KEVIN KSell22.00K$13.00286.00K
2026-09-10GORDON KEVIN KSell10.50K$27.24286.02K
2026-09-10GORDON KEVIN KSell11.50K$27.94321.36K
2026-09-04Swartz AllisonSell479$26.6112.75K
2026-09-04Livingston Mark S.Sell479$26.6112.75K
2026-09-03Anevski PeterSell5.36K$26.29140.94K
2026-09-03Swartz AllisonSell828$26.2921.77K
2026-09-03Livingston Mark S.Sell1.53K$26.2940.28K
2026-09-02Livingston Mark S.Sell224$25.665.75K
2026-08-28Swartz AllisonSell1.35K$25.8634.96K
2026-07-14Cummings Melissa BSell1.19K$31.9838.15K
2026-07-14Cummings Melissa BSell2.24K$31.6070.91K
2026-06-17Clapp GeoffreySell819$26.6021.79K
2026-06-04Livingston Mark S.Sell339$24.998.47K
2026-06-04Livingston Mark S.Sell1.92K$25.5048.91K
2026-06-04Livingston Mark S.Sell599$25.5015.27K
2026-06-04Swartz AllisonSell339$24.998.47K
2026-06-04Swartz AllisonSell599$25.0815.02K
2026-06-03Livingston Mark S.Sell1.08K$25.1227.18K
2026-06-03Swartz AllisonSell676$25.1216.98K
2026-06-03Swartz AllisonSell1.20K$25.0230.00K
2026-06-03Anevski PeterSell5.36K$25.12134.67K
2026-05-28Swartz AllisonSell1.35K$25.4834.45K
2026-05-28Swartz AllisonSell2.40K$25.4661.05K
2026-05-27GORDON KEVIN KBuy2.53K——
2026-05-27GORDON KEVIN KSell5.50K$24.99137.44K
2026-05-27GORDON KEVIN KSell2.53K——
2026-05-21Bierbower Elizabeth DBuy27.12K$24.69669.57K
2026-05-21Bierbower Elizabeth DBuy5.66K——
2026-05-21Bierbower Elizabeth DBuy3.20K$24.6979.08K
2026-05-21Dean Lloyd HBuy28.20K$24.69696.33K
2026-05-21Dean Lloyd HBuy6.79K——
2026-05-21GORDON KEVIN KBuy30.37K$24.69749.91K
2026-05-21GORDON KEVIN KBuy6.79K——
2026-05-21HOLSTEIN ROGER CBuy29.29K$24.69723.15K
2026-05-21HOLSTEIN ROGER CBuy6.79K——
2026-05-21HOLSTEIN ROGER CBuy4.00K$24.6998.83K
2026-05-21Park Jeffrey GBuy7.92K——
2026-05-21Park Jeffrey GBuy31.46K$24.69776.70K
2026-05-21Park Jeffrey GBuy5.21K$24.69128.51K
2026-05-21Payson NormanBuy27.12K$24.69669.57K
2026-05-21Payson NormanBuy5.66K——
2026-05-21Payson NormanBuy3.20K$24.6979.08K
2026-05-21Scott CherylBuy27.12K$24.69669.57K
2026-05-21Scott CherylBuy5.66K——
2026-05-21MORRIS DEBRA LBuy27.12K$24.69669.57K
2026-05-21MORRIS DEBRA LBuy5.66K——
2026-05-21MORRIS DEBRA LBuy3.20K$24.6979.08K
2026-05-20Livingston Mark S.Sell8.28K$25.50211.01K
2026-05-19Cummings Melissa BSell9.58K$25.00239.45K
2026-04-14Cummings Melissa BSell4.17K$16.9870.84K
2026-03-17Clapp GeoffreySell3.27K$17.4257.05K
2026-03-04Swartz AllisonSell339$17.525.94K
2026-03-04Swartz AllisonSell599$17.5410.51K
2026-03-04Livingston Mark S.Sell339$17.525.94K
2026-03-03Swartz AllisonSell2.84K$17.6050.02K
2026-03-03Swartz AllisonSell500$17.408.70K
2026-03-03Swartz AllisonSell4.16K$17.4072.33K
2026-03-03Livingston Mark S.Sell4.58K$17.6080.59K
2026-03-03Anevski PeterSell17.61K$17.60309.95K
2026-03-02Clapp GeoffreyBuy35.23K——
2026-03-02Clapp GeoffreyBuy51.37K$17.60904.16K
2026-03-02Cummings Melissa BBuy45.45K——
2026-03-02Cummings Melissa BBuy66.29K$17.601.17M
2026-03-02Swartz AllisonBuy28.41K——
2026-03-02Swartz AllisonSell1.55K$17.6927.44K
2026-03-02Swartz AllisonSell2.20K$17.2737.98K
2026-03-02Swartz AllisonBuy41.43K$17.60729.17K
2026-03-02Livingston Mark S.Buy45.45K——
2026-03-02Livingston Mark S.Sell181$17.693.20K
2026-03-02Livingston Mark S.Buy66.29K$17.601.17M
2026-03-02Anevski PeterBuy159.09K——
2026-03-02Anevski PeterBuy232.01K$17.604.08M
2026-01-02Schlanger David JSell2.17K$25.6855.75K
2026-01-02Anevski PeterSell6.01K$25.68154.31K
2025-12-31Sturmer Michael ESell33.03K$25.84853.44K
2025-12-11Livingston Mark S.Sell459$25.5011.70K
2025-12-04Livingston Mark S.Sell479$24.5511.76K
2025-12-04Sturmer Michael ESell7.98K$24.55195.84K
2025-12-04Swartz AllisonSell408$24.5510.02K
2025-12-04Swartz AllisonSell530$24.5913.03K
2025-12-02Livingston Mark S.Sell224$25.275.66K
2025-12-02Livingston Mark S.Sell213$25.505.43K
2025-12-02Sturmer Michael ESell448$25.2711.32K
2025-11-28Swartz AllisonSell1.35K$26.7036.10K
2025-11-28Swartz AllisonSell2.40K$26.8764.43K
2025-11-18Payson NormanSell50.27K——
2025-11-17Livingston Mark S.Sell21.30K$25.50543.23K
2025-11-14Payson NormanBuy36.22K$1.4552.52K
2025-11-14Payson NormanSell36.22K$1.4552.52K
2025-11-13Anevski PeterBuy79.50K$24.291.93M

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 317, holders +19 vs prior quarter. Ownership 98.14%.

HolderSharesChangeChange %Value
BLACKROCK, INC.11.60M-398.55K-3.32%334.43M
FMR LLC7.00M503.46K+7.74%201.93M
VANGUARD PORTFOLIO MANAGEMENT LLC5.02M-272.56K-5.15%144.71M
VANGUARD CAPITAL MANAGEMENT LLC3.21M-270.62K-7.77%92.57M
STATE STREET CORP3.02M-57.43K-1.86%87.15M
AMERIPRISE FINANCIAL INC2.76M-61.82K-2.19%79.67M
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/2.55M-145.23K-5.39%73.46M
GEODE CAPITAL MANAGEMENT, LLC1.97M-73.76K-3.61%56.78M
CITADEL ADVISORS LLC1.79M1.79MNew51.48M
DIMENSIONAL FUND ADVISORS LP1.69M115.25K+7.32%48.68M
SOLEUS CAPITAL MANAGEMENT, L.P.1.60M-465.00K-22.50%46.19M
MORGAN STANLEY1.54M-751.72K-32.86%44.28M
WELLINGTON MANAGEMENT GROUP LLP1.50M-790.75K-34.57%43.15M
DISCIPLINED GROWTH INVESTORS INC /MN1.18M607.07K+105.66%34.07M
LOOMIS SAYLES & CO L P1.08M92.54K+9.36%31.16M
BAILLIE GIFFORD & CO1.08M-142.10K-11.64%31.10M
JANE STREET GROUP, LLC1.06M914.46K+614.12%30.66M
EASTERLY INVESTMENT PARTNERS LLC958.12K124.67K+14.96%27.62M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.954.07K954.07KNew27.51M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC954.07K155.44K+19.46%27.51M
LSV ASSET MANAGEMENT895.64K895.64KNew25.82M
NORTHERN TRUST CORP802.88K-15.29K-1.87%23.15M
AQR CAPITAL MANAGEMENT LLC797.53K141.14K+21.50%22.99M
AMERICAN CENTURY COMPANIES INC778.84K553.05K+244.94%22.45M
FIDEURAM ASSET MANAGEMENT (IRELAND) DAC904.06K823.24K+1018.54%18.39M

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Progyny (PGNY) Stock Insights

PGNY$27.87+0.15 +0.54%

$2.14B

Market Cap

29.00

P/E

21.69

Forward P/E

—

Score

Price History