Currently, Healthequity Inc [HQY] is trading at $95.09, up 0.15%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HQY shares have gain 2.06% over the last week, with a monthly amount drifted -9.14%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Healthequity Inc [NASDAQ: HQY] stock has seen the most recent analyst activity on December 04, 2024, when Mizuho initiated its Outperform rating and assigned the stock a price target of $126. Previously, Goldman started tracking the stock with Neutral rating on November 15, 2024, and set its price target to $108. On April 04, 2024, JMP Securities initiated with a Mkt Outperform rating and assigned a price target of $101 on the stock. JP Morgan reiterated its Overweight rating and increased its price target to $108 on April 02, 2024. Barclays initiated its recommendation with a Overweight and recommended $84 as its price target on January 03, 2024. Robert W. Baird upgraded its rating to Outperform for this stock on September 21, 2023, and upped its price target to $87. In a note dated October 21, 2022, Goldman upgraded an Neutral rating on this stock and boosted its target price from $64 to $77.
This stock has fluctuated between a low of $63.87 and a high of $105.82 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $107.5 within the next 12 months. Healthequity Inc [NASDAQ: HQY] shares were valued at $95.09 at the most recent close of the market. An investor can expect a potential return of 13.05% based on the average HQY price forecast.
Analyzing the HQY fundamentals
Trailing Twelve Months sales for Healthequity Inc [NASDAQ:HQY] were 1.15B which represents 20.55% growth. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. 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 0.03.
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 93.70 points at the first support level, and at 92.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 96.50, and for the 2nd resistance point, it is at 97.91.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Healthequity Inc [NASDAQ:HQY] is 3.20. Also, the Quick Ratio is 3.20, while the Cash Ratio stands at 2.08. Considering the valuation of this stock, the price to sales ratio is 7.18, the price to book ratio is 3.89 and price to earnings (TTM) ratio is 86.75.
Transactions by insiders
Recent insider trading involved Parker Stuart B., Director, that happened on Dec 12 ’24 when 25000.0 shares were sold. EVP, CHIEF TECHNOLOGY OFFICER, Rosner Elimelech completed a deal on Dec 12 ’24 to sell 2869.0 shares. Meanwhile, Director McCowan Debra Charlotte sold 5000.0 shares on Dec 12 ’24.
