Press Ganey Holdings Inc. (NYSE:PGND)‘s stock had its “market perform” rating reissued by equities research analysts at Raymond James Financial Inc. in a research report issued on Tuesday.

Several other research firms also recently issued reports on PGND. Wells Fargo & Co. downgraded shares of Press Ganey Holdings from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 10th. Avondale Partners downgraded shares of Press Ganey Holdings from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 10th. BMO Capital Markets downgraded shares of Press Ganey Holdings from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 10th. Leerink Swann reaffirmed a “market perform” rating on shares of Press Ganey Holdings in a report on Friday, June 24th. Finally, Zacks Investment Research downgraded shares of Press Ganey Holdings from a “buy” rating to a “hold” rating in a report on Saturday, August 13th. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Press Ganey Holdings presently has an average rating of “Hold” and a consensus target price of $39.56.

Analyst Recommendations for Press Ganey Holdings (NYSE:PGND)

Press Ganey Holdings (NYSE:PGND) opened at 40.35 on Tuesday. The company has a market capitalization of $2.14 billion, a price-to-earnings ratio of 78.96 and a beta of 0.99. The company’s 50-day moving average is $40.44 and its 200-day moving average is $35.64. Press Ganey Holdings has a 52-week low of $23.68 and a 52-week high of $42.09.

Press Ganey Holdings (NYSE:PGND) last posted its quarterly earnings results on Monday, August 1st. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.03. Press Ganey Holdings had a net margin of 7.92% and a return on equity of 6.21%. The business earned $91.20 million during the quarter, compared to the consensus estimate of $88.41 million. On average, analysts expect that Press Ganey Holdings will post $1.14 earnings per share for the current fiscal year.

In related news, insider Joseph P. Greskoviak sold 85,730 shares of the business’s stock in a transaction dated Tuesday, August 9th. The stock was sold at an average price of $41.04, for a total value of $3,518,359.20. Following the sale, the insider now directly owns 380,310 shares in the company, valued at approximately $15,607,922.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Patricia L. Riskind sold 64,052 shares of the business’s stock in a transaction dated Friday, September 16th. The shares were sold at an average price of $40.38, for a total value of $2,586,419.76. Following the completion of the sale, the insider now owns 129,325 shares in the company, valued at $5,222,143.50. The disclosure for this sale can be found here. 5.10% of the stock is currently owned by corporate insiders.

A number of large investors have recently made changes to their positions in PGND. Goldman Sachs Group Inc. boosted its stake in shares of Press Ganey Holdings by 3.1% in the first quarter. Goldman Sachs Group Inc. now owns 2,015,472 shares of the company’s stock worth $60,626,000 after buying an additional 60,255 shares in the last quarter. Lord Abbett & CO. LLC boosted its stake in shares of Press Ganey Holdings by 20.4% in the second quarter. Lord Abbett & CO. LLC now owns 1,582,671 shares of the company’s stock worth $62,278,000 after buying an additional 267,868 shares in the last quarter. TimesSquare Capital Management LLC boosted its stake in shares of Press Ganey Holdings by 2.0% in the first quarter. TimesSquare Capital Management LLC now owns 1,392,365 shares of the company’s stock worth $41,882,000 after buying an additional 27,335 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Press Ganey Holdings by 18.0% in the second quarter. Vanguard Group Inc. now owns 1,382,818 shares of the company’s stock worth $54,413,000 after buying an additional 210,643 shares in the last quarter. Finally, Blair William & Co. IL boosted its stake in shares of Press Ganey Holdings by 4.1% in the second quarter. Blair William & Co. IL now owns 1,127,819 shares of the company’s stock worth $44,380,000 after buying an additional 44,919 shares in the last quarter. Institutional investors and hedge funds own 91.97% of the company’s stock.

About Press Ganey Holdings

Press Ganey Holdings, Inc is a provider of patient experience and caregiver measurement, performance analytics and strategic advisory solutions for healthcare organizations. The Company provides its clients with a digital platform that captures the perspectives of patients, physicians, nurses and other healthcare employees and enables its clients to benchmark, analyze and manage the patient and caregiver experience.

5 Day Chart for NYSE:PGND

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