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)
79% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 19
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 (+$102M) [Q3]
8% more funds holding
Funds holding: 176 [Q2] → 190 (+14) [Q3]
0.8% more ownership
Funds ownership: 94.67% [Q2] → 95.47% (+0.8%) [Q3]
33% less call options, than puts
Call options by funds: $10.6M | Put options by funds: $15.7M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Citigroup Daniel Grosslight 35% 1-year accuracy 8 / 23 met price target | 28%upside $35 | Buy Maintained | 10 Jan 2025 |
Needham Ryan MacDonald 56% 1-year accuracy 38 / 68 met price target | 6%upside $29 | Buy Reiterated | 10 Jan 2025 |
Keybanc Scott Schoenhaus 19% 1-year accuracy 7 / 36 met price target | 10%upside $30 | Overweight Maintained | 8 Jan 2025 |
RBC Capital Sean Dodge 45% 1-year accuracy 20 / 44 met price target | 17%upside $32 | Outperform Upgraded | 8 Jan 2025 |
Truist Securities Jailendra Singh 31% 1-year accuracy 11 / 35 met price target | 24%upside $34 | Buy Maintained | 11 Dec 2024 |