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Healthequity (HQY)
NASDAQ:HQY
Holding HQY?
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HQY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$61.81 - $88.26
Previous Close$76.62
Volume378.72K
Average Volume (3M)685.13K
Market Cap
$6.67B
Enterprise Value$7.40B
Total Cash (Recent Filing)$251.23M
Total Debt (Recent Filing)$983.68M
Price to Earnings (P/E)83.4
Beta-0.11
Next Earnings
Sep 03, 2024EPS Estimate
$0.7Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.92
Shares Outstanding87,010,560
10 Day Avg. Volume443,321
30 Day Avg. Volume685,126
Standard Deviation0.13
R-Squared0.06
Alpha0.00031
Financial Highlights & Ratios
Price to Book (P/B)-10.52
Price to Sales (P/S)6.27
Price to Cash Flow (P/CF)25.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.10
Enterprise Value/Gross Profit11.88
Enterprise Value/Ebitda21.03
Forecast
1Y Price Target
$103.64Price Target Upside35.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Healthequity News
PremiumCompany Announcements
Healthequity Shareholders Approve Key Proposals at Annual Meeting
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGross margin expansion was impressive driven by improved mix, higher effective yield, and reduced servicing costs resulting in Adjusted EBITDA increasing 35.6% on a 17.7% increase in revenue.
GuidanceManagement’s FY/25 guidance now calls for revenues in a range of $1.160-1.180 billion, above its prior guidance.
Revenue GrowthTotal revenue in the first quarter increased 17.7% to $287.6 million, driven by robust custodial revenue growth.
Bears Say
CompetitionIncreased competition is a key risk that could negatively impact the stock's performance.
Market SentimentMarket sentiment is tepid regarding the company's prospects beyond 12 months, which could limit stock appreciation.
Operational CostsTemporary developmental costs have led to a significant decline in Interchange Gross Margin, which is now down 330 basis points year-over-year.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
HQY FAQ
What was Healthequity’s price range in the past 12 months?
Healthequity lowest stock price was $61.81 and its highest was $88.26 in the past 12 months.
What is Healthequity’s market cap?
Currently, no data Available
When is Healthequity’s upcoming earnings report date?
Healthequity’s upcoming earnings report date is Sep 03, 2024 which is in 9 days.
How were Healthequity’s earnings last quarter?
Healthequity released its earnings results on Jun 03, 2024. The company reported $0.8 earnings per share for the quarter, beating the consensus estimate of $0.656 by $0.144.
Is Healthequity overvalued?
According to Wall Street analysts Healthequity’s price is currently Undervalued.
Does Healthequity pay dividends?
Healthequity does not currently pay dividends.
What is Healthequity’s EPS estimate?
Healthequity’s EPS estimate is $0.7.
How many shares outstanding does Healthequity have?
Healthequity has 87,010,560 shares outstanding.
What happened to Healthequity’s price movement after its last earnings report?
Healthequity reported an EPS of $0.8 in its last earnings report, beating expectations of $0.656. Following the earnings report the stock price went up 2.684%.
Which hedge fund is a major shareholder of Healthequity?
Among the largest hedge funds holding Healthequity’s share is Woodline Partners LP. It holds Healthequity’s shares valued at 24M.
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Healthequity Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$103.64 (35.26% Upside)
$103.64 (35.26% Upside)
Blogger Sentiment
Bullish
HQY Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 256.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
14.17%
12-Months-Change
Fundamentals
Return on Equity
4.01%
Trailing 12-Months
Asset Growth
6.97%
Trailing 12-Months
Company Description
Healthequity
HealthEquity, Inc. provides range of solutions for managing health care accounts. The firm's offers its solutions for employers, health planbs, brokers, consultants and financial advisors. Its services include HAS, FSA, HRA, DCRA, 401(k), Commuter, COBRA and HIA. It also offers products like healthcare saving and spending platform, health savings accounts, investment advisory services, reimbursement arrangements, and healthcare incentives. The company was founded by Stephen D. Neeleman on September 18, 2002 and is headquartered in Draper, UT.
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HQY Earnings Call
Q1 2024
0:00 / 0:00
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HQY Revenue Breakdown
49.92% Service revenue
32.85% Custodial revenue
17.23% Interchange revenue
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HQY Stock 12 Month Forecast
Average Price Target
$103.64
▲(35.26% Upside)
Technical Analysis
Best Analysts Covering HQY
1 Year
1 Year Success Rate
20/31 ratings generated profit
1 Year Average Return
+10.04%
assigned a buy rating last month
Copying Stephanie Davis's trades and holding each position for 1 Year would result in 64.52% of your transactions generating a profit, with an average return of +10.04% per trade.
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