Phreesia (PHR)

• Market cap: $1.46B
• 1 day: 5.54%
• 5 days: 1.45%
• 1 month: 35.85%
• 3 months: 6.66%
• 6 months: 25.74%
• Year to date: 9.68%
• 1 year: 15.41%
• 5 years: -3.16%
• 10 years: 0.32%
• Sector: Industrials
• Industry: Business Services

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

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $23 9% downside
• Avg. target: $29 16% upside
• High target: $34 35% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Truist Securities Jailendra Singh 14% 1-year accuracy 5 / 35 met price target	35% upside $34	Buy Maintained	11 Dec 2024
Baird Joseph Vruwink 33% 1-year accuracy 1 / 3 met price target	19% upside $30	Outperform Maintained	11 Dec 2024
JMP Securities Aaron Kimson 80% 1-year accuracy 8 / 10 met price target	19% upside $30	Market Outperform Reiterated	10 Dec 2024
Needham Ryan MacDonald 56% 1-year accuracy 38 / 68 met price target	15% upside $29	Buy Reiterated	10 Dec 2024
RBC Capital Sean Dodge 50% 1-year accuracy 21 / 42 met price target	9% downside $23	Sector Perform Reiterated	27 Sept 2024