Phreesia, Inc. (PHR) Soars to 52-Week High, Time to Cash Out?

Have you been paying attention to shares of Phreesia (PHR)? Shares have been on the move with the stock up 16.4% over the past month. The stock hit a new 52-week high of $29.36 in the previous session. Phreesia has gained 16.4% since the start of the year compared to the -0.6% move for the Zacks Medical sector and the -3.5% return for the Zacks Medical Info Systems industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on December 9, 2024, Phreesia reported EPS of $-0.25 versus consensus estimate of $-0.29 while it beat the consensus revenue estimate by 0.76%.For the current fiscal year, Phreesia is expected to post earnings of -$1.10 per share on $419.04 million in revenues. This represents a 56.18% change in EPS on a 17.61% change in revenues. For the next fiscal year, the company is expected to earn -$0.38 per share on $476.77 million in revenues. This represents a year-over-year change of 66.18% and 13.78%, respectively.Valuation MetricsPhreesia may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.Phreesia has a Value Score of D. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of B.Zacks RankWe also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Phreesia currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Phreesia meets the list of requirements. Thus, it seems as though Phreesia shares could have a bit more room to run in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Phreesia, Inc. (PHR): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks