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0 0.00113700966458212 0.00483229107447418 0.00767481523592959 0.00682205798749295 0.0130756111426947 0.0119386014781126 0.0102330869812393
Stock impact report

Progyny: Significant Non-Cash Compensation Limits Value Case [Seeking Alpha]

Progyny, Inc. (PGNY) 
Last progyny, inc. earnings: 3/5 04:06 pm Check Earnings Report
Company Research Source: Seeking Alpha
Headline valuation appears attractive with a sub-10x PE and 13.5% FCFY, but significant stock-based compensation creates up to 21% dilution, reducing adjusted FCFY to ~11%. PGNY has demonstrated reasonable growth—7% YoY in Q4 and 10% for FY—despite losing a major client, with fertility benefits management growing 11%. Direct fertility service providers or fertility pharma plays like Organon (OGN) offer similar FCFY and we are more comfortable with the value in their offered services. Looking for a helping hand in the market? Members of The Value Lab get exclusive ideas and guidance to navigate any climate. Learn More » Rasi Bhadramani/iStock via Getty Images Progyny ( PGNY ) is a pretty interesting prospect. Fertility aid markets are definitely growing on some secular factors, such as later age of childbearing in the West, even if fertility rates are overall falling, increasing the share of More on my IG service If you thought our angle on this company was interesting, Show less Read more
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