The stock of Healthequity Inc (HQY) has gone down by -1.77% for the week, with a 1.83% rise in the past month and a 30.71% rise in the past quarter. The volatility ratio for the week is 2.05%, and the volatility levels for the past 30 days are 2.94% for HQY. The simple moving average for the past 20 days is -1.42% for HQY’s stock, with a 20.86% simple moving average for the past 200 days.
Is It Worth Investing in Healthequity Inc (NASDAQ: HQY) Right Now?
The price-to-earnings ratio for Healthequity Inc (NASDAQ: HQY) is 83.10x, which is above its average ratio. Moreover, the 36-month beta value for HQY is 0.53. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 6 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for HQY is 85.27M and currently, short sellers hold a 5.01% of that float. On December 06, 2024, HQY’s average trading volume was 622.20K shares.
HQY) stock’s latest price update
The stock of Healthequity Inc (NASDAQ: HQY) has decreased by -1.09 when compared to last closing price of 100.85. Despite this, the company has experienced a -1.77% fall in its stock price over the last five trading sessions. zacks.com reported 2024-12-06 that Beyond analysts’ top -and-bottom-line estimates for HealthEquity (HQY), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended October 2024.
Analysts’ Opinion of HQY
Many brokerage firms have already submitted their reports for HQY stocks, with Mizuho repeating the rating for HQY by listing it as a “Outperform.” The predicted price for HQY in the upcoming period, according to Mizuho is $126 based on the research report published on December 04, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see HQY reach a price target of $108. The rating they have provided for HQY stocks is “Neutral” according to the report published on November 15th, 2024.
JMP Securities gave a rating of “Mkt Outperform” to HQY, setting the target price at $101 in the report published on April 04th of the current year.
HQY Trading at 8.46% from the 50-Day Moving Average
After a stumble in the market that brought HQY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.74% of loss for the given period.
Volatility was left at 2.94%, however, over the last 30 days, the volatility rate increased by 2.05%, as shares surge +2.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.77% upper at present.
During the last 5 trading sessions, HQY fell by -1.82%, which changed the moving average for the period of 200-days by +21.19% in comparison to the 20-day moving average, which settled at $101.18. In addition, Healthequity Inc saw 50.44% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HQY starting from Corvino Frank, who sale 1,039 shares at the price of $96.10 back on Nov 06 ’24. After this action, Corvino Frank now owns 3,784 shares of Healthequity Inc, valued at $99,848 using the latest closing price.
SELANDER ROBERT W, the Director of Healthequity Inc, sale 8,250 shares at $82.98 during a trade that took place back on Oct 09 ’24, which means that SELANDER ROBERT W is holding 54,719 shares at $684,578 based on the most recent closing price.
Stock Fundamentals for HQY
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.58 for the gross margin
The net margin for Healthequity Inc stands at 0.1. The total capital return value is set at 0.05. Equity return is now at value 5.15, with 3.21 for asset returns.
Based on Healthequity Inc (HQY), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is 3.24.
Currently, EBITDA for the company is 282.42 million with net debt to EBITDA at 2.42. When we switch over and look at the enterprise to sales, we see a ratio of 8.65. The receivables turnover for the company is 10.13for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.10.
Conclusion
To wrap up, the performance of Healthequity Inc (HQY) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
