Phreesia
About: Phreesia Inc is a provider of comprehensive software solutions that improves the operational and financial performance of healthcare organizations by activating patients in their care to optimize patient health outcomes. Through its SaaS-based technology platform, it offers healthcare services clients a robust suite of integrated solutions that manage patient access, registration, payments, and clinical support. The Phreesia Platform encompasses a comprehensive range of technologies and services, including, but not limited to, initial patient contact, registration, appointment scheduling, payments, and post-appointment patient surveys.
Employees: 1,438
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
70% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 20
46% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 48
9% more capital invested
Capital invested by funds: $1.15B [Q2] → $1.25B (+$103M) [Q3]
8% more funds holding
Funds holding: 176 [Q2] → 190 (+14) [Q3]
0.86% more ownership
Funds ownership: 94.5% [Q2] → 95.36% (+0.86%) [Q3]
32% less call options, than puts
Call options by funds: $10.6M | Put options by funds: $15.6M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
RBC Capital Sean Dodge 36% 1-year accuracy 10 / 28 met price target | 9%upside $23 | Sector Perform Reiterated | 27 Sept 2024 |
JP Morgan Anne Samuel 36% 1-year accuracy 4 / 11 met price target | 33%upside $28 | Overweight Maintained | 9 Sept 2024 |
Truist Securities Jailendra Singh 11% 1-year accuracy 2 / 18 met price target | 47%upside $31 | Buy Maintained | 6 Sept 2024 |
Baird Joseph Vruwink 0% 1-year accuracy 0 / 2 met price target | 61%upside $34 | Outperform Maintained | 6 Sept 2024 |