WallStreetZen

NASDAQ: PROG
Progenity Inc Stock

$0.90-0.05 (-5.26%)
Updated Sep 24, 2021
PROG Price
$0.90
Fair Value Price
$1.93
Market Cap
$71.47M
52 Week Low
$0.66
52 Week High
$9.56
P/E
-0.22x
P/B
-0.51x
P/S
3.5x
PEG
N/A
Dividend Yield
N/A
Revenue
$65.21M
Earnings
-$233.39M
Gross Margin
-3.1%
Operating Margin
-338.96%
Profit Margin
-357.9%
Debt to Equity
-1.86
Operating Cash Flow
-$206M
Beta
1.02
Next Earnings
Nov 8, 2021
Ex-Dividend
N/A
Next Dividend
N/A

PROG Overview

Zen Score

High
Medium
Low
13
Industry average

Reasons for this score

PROG ($0.90) is significantly undervalued by 53.42% relative to our estimate of its Fair Value price of $1.93 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Valuation
PROG's cash and short-term investments ($65.99M) cannot cover PROG's cash burn for the next year ($209.76M), once increasing cash burn (N/A) is accounted for
Financials
PROG's profit margin has increased (+96.8%) in the last year from (-454.7%) to (-357.9%), but it is still unprofitable
Financials

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PROG News

Valuation

PROG fair value

Fair Value of PROG stock based on Discounted Cash Flow (DCF)
Price
$0.90
Fair Value
$1.93
Undervalued by
53.42%
PROG ($0.90) is significantly undervalued by 53.42% relative to our estimate of its Fair Value price of $1.93 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Valuation

PROG price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.22x
Industry
33.17x
Market
-9.09x

PROG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-0.51x
Industry
6.7x

PROG's financial health

Profit margin

Revenue
$463.0k
Net Income
-$78.5M
Profit Margin
-16,961.3%
PROG's cash and short-term investments ($65.99M) cannot cover PROG's cash burn for the next year ($209.76M), once increasing cash burn (N/A) is accounted for
Financials
PROG's profit margin has increased (+96.8%) in the last year from (-454.7%) to (-357.9%), but it is still unprofitable
Financials

Assets to liabilities

Assets
$119.9M
Liabilities
$259.6M
Debt to equity
-1.14
PROG's short-term assets ($114.33M) exceed its short-term liabilities ($85.64M)
Financials
PROG's long-term liabilities ($173.92M) exceed its short-term assets ($114.33M)
Financials
PROG's debt relative to shareholder equity (-1.86) is still negative, so we do not consider if debt has reduced over the past 5 years
Financials
PROG's debt to equity ratio (-1.86) is negative, which is a more serious situation than a high ratio
Financials

Cash flow

Operating
-$35.7M
Investing
-$558.0k
Financing
$37.5M
PROG's cash and short-term investments ($65.99M) cannot cover PROG's cash burn ($209.76M) for 1 year
Financials

Progenity Stock FAQ

What is Progenity's quote symbol?

(NASDAQ: PROG) Progenity trades on the NASDAQ under the ticker symbol PROG. Progenity stock quotes can also be displayed as NASDAQ: PROG.

What is the 52 week high and low for Progenity (NASDAQ: PROG)?

(NASDAQ: PROG) Progenity's 52-week high was $9.56, and its 52-week low was $0.66. It is currently -90.59% from its 52-week high and 36.99% from its 52-week low.

How much is Progenity stock worth today?

(NASDAQ: PROG) Progenity currently has 79,406,317 outstanding shares. With Progenity stock trading at $0.90 per share, the total value of Progenity stock (market capitalization) is $71.47M.

Progenity stock was originally listed at a price of $13.12 in Jun 19, 2020. If you had invested in Progenity stock at $13.12, your return over the last 1 years would have been -93.14%, for an annualized return of -93.14%.

How much is Progenity's stock price per share?

(NASDAQ: PROG) Progenity stock price per share is $0.90 today (as of Sep 24, 2021).

What is Progenity's Market Cap?

(NASDAQ: PROG) Progenity's market cap is $71.47M, as of Sep 26, 2021.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Progenity's market cap is calculated by multiplying PROG's current stock price of $0.90 by PROG's total outstanding shares of 79,406,317.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.