Phreesia Forecasted to Earn FY2020 Earnings of ($0.38) Per Share (NYSE:PHR)

Phreesia (NYSE:PHR) – Research analysts at William Blair issued their FY2020 earnings per share (EPS) estimates for Phreesia in a note issued to investors on Tuesday, December 10th. William Blair analyst R. Daniels anticipates that the company will post earnings of ($0.38) per share for the year. William Blair also issued estimates for Phreesia’s Q4 2020 earnings at ($0.10) EPS, Q1 2021 earnings at ($0.08) EPS, Q2 2021 earnings at ($0.08) EPS, Q3 2021 earnings at ($0.05) EPS, Q4 2021 earnings at ($0.06) EPS and FY2021 earnings at ($0.28) EPS.

Phreesia (NYSE:PHR) last released its earnings results on Tuesday, December 10th. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.03. The firm had revenue of $32.80 million during the quarter, compared to the consensus estimate of $29.48 million. Phreesia’s revenue was up 32.3% compared to the same quarter last year.

Several other equities analysts have also recently weighed in on PHR. Zacks Investment Research cut shares of Phreesia from a “hold” rating to a “sell” rating in a research note on Thursday, November 7th. ValuEngine cut shares of Phreesia from a “buy” rating to a “hold” rating in a research note on Thursday, October 31st. Piper Jaffray Companies set a $33.00 target price on shares of Phreesia and gave the company a “buy” rating in a research note on Tuesday, September 10th. Finally, Robert W. Baird began coverage on shares of Phreesia in a research note on Thursday, October 10th. They issued an “outperform” rating and a $31.00 target price for the company. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $30.60.

NYSE:PHR opened at $26.58 on Thursday. Phreesia has a 1-year low of $22.05 and a 1-year high of $31.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.01 and a quick ratio of 3.52. The firm has a fifty day moving average price of $28.75.

Large investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. bought a new position in shares of Phreesia in the third quarter valued at $47,000. Tower Research Capital LLC TRC acquired a new stake in Phreesia during the 3rd quarter valued at $68,000. Metropolitan Life Insurance Co NY acquired a new stake in Phreesia during the 3rd quarter valued at $161,000. Rhumbline Advisers acquired a new stake in Phreesia during the 3rd quarter valued at $208,000. Finally, California State Teachers Retirement System acquired a new stake in Phreesia during the 3rd quarter valued at $387,000. 49.88% of the stock is owned by institutional investors and hedge funds.

Phreesia Company Profile

Phreesia, Inc provides an integrated SaaS-based software and payment platform for the healthcare industry in the United States and Canada. The company's Phreesia Platform offers a suite of solutions to manage the patient intake process and an integrated payments solution for processing of patient payments.

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Earnings History and Estimates for Phreesia (NYSE:PHR)

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