Health Catalyst Inc [HCAT] stock prices are up 3.52% to $8.52 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value.
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From an analyst’s perspective:
Health Catalyst Inc [NASDAQ: HCAT] stock has seen the most recent analyst activity on April 10, 2024, when KeyBanc Capital Markets downgraded its rating to a Sector Weight. Previously, Evercore ISI upgraded its rating to Outperform on January 03, 2024, and kept the price target unchanged to $11. On January 03, 2024, Barclays initiated with a Overweight rating and assigned a price target of $14 on the stock. JP Morgan upgraded its rating to a Overweight and decreased its price target to $11 on December 13, 2023. Piper Sandler upgraded its rating to a Overweight and reduced its price target to $11 on November 13, 2023. Cantor Fitzgerald started tracking with a Overweight rating for this stock on August 01, 2023, and assigned it a price target of $16. In a note dated May 10, 2023, Raymond James downgraded an Mkt Perform rating on this stock.
The stock price of Health Catalyst Inc [HCAT] has been fluctuating between $5.42 and $11.41 over the past year. Currently, Wall Street analysts expect the stock to reach $29.25 within the next 12 months. Health Catalyst Inc [NASDAQ: HCAT] shares were valued at $8.52 at the most recent close of the market. An investor can expect a potential return of 243.31% based on the average HCAT price forecast.
Analyzing the HCAT fundamentals
The Health Catalyst Inc [NASDAQ:HCAT] reported sales of 299.48M for trailing twelve months, representing a surge of 3.67%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at -0.25%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.29%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.24 and Total Capital is -0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.22 points at the first support level, and at 7.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.74, and for the 2nd resistance point, it is at 8.95.
Ratios To Look Out For
It’s worth pointing out that Health Catalyst Inc [NASDAQ:HCAT]’s Current Ratio is 1.18. As well, the Quick Ratio is 1.18, while the Cash Ratio is 0.63. Considering the valuation of this stock, the price to sales ratio is 1.72, the price to book ratio is 1.43.
Transactions by insiders
Recent insider trading involved LINDA LLEWELYN, Officer, that happened on Oct 15 ’24 when 1324.0 shares were purchased. Chief Operating Officer, LeSueur Daniel completed a deal on Oct 03 ’24 to sell 5209.0 shares. Meanwhile, Officer DANIEL LESUEUR bought 5209.0 shares on Oct 03 ’24.
