Keybank National Association OH Boosts Investment in Phreesia, During Q4
April 29, 2023
Trending News ☀️
By utilizing their cloud-based platform, healthcare providers can streamline their operations and improve patient satisfaction. This move could help propel the company to further success in the future, as it will have access to additional resources and capital. With this extra support, Phreesia ($NYSE:PHR) could build upon its existing customer base and strengthen its foothold in the healthcare technology industry. This investment also signifies a shift in the way banks are viewing healthcare technology companies, as this is not the first time Keybank has invested in healthcare companies.
With more financial support, the organization could continue to innovate and grow its offerings. This could open the door for other banks to invest in similar healthcare technology companies and create new opportunities for both investors and healthcare providers alike.
Stock Price
As a result, PHREESIA’s stock opened at $33.8 and closed at $33.2, a decrease of 1.7% from its last closing price of 33.8. This news reflects the continued interest Keybank National Association OH has in Phreesia and its technology, as well as its commitment to investing in high-growth companies. The move is expected to signal confidence in Phreesia’s ability to continue to provide healthcare organizations with innovative and reliable solutions that improve efficiency and patient care. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Phreesia. More…
| Total Revenues | Net Income | Net Margin |
| 280.91 | -176.15 | -62.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Phreesia. More…
| Operations | Investing | Financing |
| -90.12 | -26.2 | -20.8 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Phreesia. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 370.06 | 82.24 | 5.41 |
Key Ratios Snapshot
Some of the financial key ratios for Phreesia are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 31.1% | – | -62.8% |
| FCF Margin | ROE | ROA |
| -41.4% | -36.3% | -29.8% |
Analysis
GoodWhale has conducted an analysis of PHREESIA’s financials and our Risk Rating has determined that it is a medium risk investment. We identified two risk warnings in its income sheet and cashflow statement. Our analysis, which was conducted taking into account both the business and financial aspects of the company, revealed that the PHREESIA’s current financial position may be vulnerable to certain external factors. Additionally, their cashflow statement could indicate potential liquidity issues. At GoodWhale, we strive to provide our customers with the most comprehensive financial analysis available. Therefore, we urge you to register with us to explore our findings and make informed decisions about your investments. Phreesia_During_Q4″>More…
Peers
Its competitors include Sharecare Inc, Aclarion Inc, and Cloud DX Inc.
– Sharecare Inc ($NASDAQ:SHCR)
Sharecare is a digital health company that allows users to manage their health and wellness in one place. The company has a wide range of products and services, including a social media platform, a health information database, and a mobile app. The company also offers a variety of health and wellness products and services, including fitness tracking, nutrition counseling, and stress management.
– Aclarion Inc ($NASDAQ:ACON)
Aclarion Inc is a publicly traded company with a market cap of 6.36M as of 2022. The company has a Return on Equity of -186.66%. Aclarion is a provider of cloud-based software solutions for the management of enterprise content. The company’s products and services include content management, document management, records management, and compliance management. Aclarion’s solutions are used by organizations in a variety of industries, including healthcare, financial services, government, and education.
– Cloud DX Inc ($TSXV:CDX)
A market cap is the total value of all a company’s shares of stock. Market cap is calculated by multiplying a company’s shares outstanding by the current market price of one share. The return on equity is a financial ratio that measures the profitability of a company in relation to the equity. The company’s equity is the difference between its total assets and total liabilities. The company’s ROE is its net income divided by its equity.
The company’s market cap is 10.81M as of 2022. The company’s ROE is 111.76%. The company’s net income is its total assets minus its total liabilities. The company’s market cap is its shares outstanding multiplied by the current market price of one share.
Summary
Analysts believe that Phreesia‘s comprehensive technology platform, designed to streamline clinical workflows, is well-positioned to benefit from the increasing demand for digital healthcare solutions. Furthermore, the company boasts a strong customer base and has seen significant growth in its average Revenue per User (ARPU) over the past year. With its innovative offerings and impressive fundamentals, Phreesia presents an attractive opportunity for investors.
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