A share price of Healthequity Inc [HQY] is currently trading at $102.40, up 3.46%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HQY shares have gain 2.12% over the last week, with a monthly amount glided 16.79%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Healthequity Inc [NASDAQ: HQY] stock has seen the most recent analyst activity on November 15, 2024, when Goldman initiated its Neutral rating and assigned the stock a price target of $108. Previously, JMP Securities started tracking the stock with Mkt Outperform rating on April 04, 2024, and set its price target to $101. On April 02, 2024, JP Morgan reiterated its Overweight rating and revised its price target to $108 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $84 on January 03, 2024. Robert W. Baird upgraded its rating to a Outperform and raised its price target to $87 on September 21, 2023. Goldman upgraded its rating to Neutral for this stock on October 21, 2022, and upped its price target to $77. In a note dated September 16, 2022, KeyBanc Capital Markets initiated an Overweight rating and provided a target price of $85 on this stock.
Healthequity Inc experienced fluctuations in its stock price throughout the past year between $62.10 and $101.17. Currently, Wall Street analysts expect the stock to reach $97 within the next 12 months. Healthequity Inc [NASDAQ: HQY] shares were valued at $102.40 at the most recent close of the market. An investor can expect a potential drop of -5.27% based on the average HQY price forecast.
Analyzing the HQY fundamentals
Trailing Twelve Months sales for Healthequity Inc [NASDAQ:HQY] were 1.10B which represents 23.15% growth. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.05 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.52.
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 99.45 points at the first support level, and at 96.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 104.24, and for the 2nd resistance point, it is at 106.07.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Healthequity Inc [NASDAQ:HQY] is 4.10. Further, the Quick Ratio stands at 4.10, while the Cash Ratio is 2.7. Considering the valuation of this stock, the price to sales ratio is 8.41, the price to book ratio is 4.15 and price to earnings (TTM) ratio is 85.31.
Transactions by insiders
Recent insider trading involved Corvino Frank, Former Director, that happened on Nov 06 ’24 when 1039.0 shares were sold. Director, SELANDER ROBERT W completed a deal on Oct 09 ’24 to sell 8250.0 shares. Meanwhile, Director ROBERT SELANDER bought 8250.0 shares on Oct 09 ’24.
