8.45% percent quarterly performance for Health Catalyst Inc (HCAT) is not indicative of the underlying story

A new trading day began on Friday, with Health Catalyst Inc (NASDAQ: HCAT) stock price up 3.90% from the previous day of trading, before settling in for the closing price of $6.92. HCAT’s price has ranged from $5.42 to $12.05 over the past 52 weeks.

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Healthcare Sector giant saw their annual sales surged by 21.79% over the last five years. Meanwhile, its annual earnings per share averaged 144.24%. With a float of $57.65 million, this company’s outstanding shares have now reached $58.30 million.

The firm has a total of 1300 workers. Let’s measure their productivity. In terms of profitability, gross margin is 35.31%, operating margin of -25.19%, and the pretax margin is -28.74%.

Health Catalyst Inc (HCAT) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Health Information Services Industry. The insider ownership of Health Catalyst Inc is 4.66%, while institutional ownership is 85.91%. The most recent insider transaction that took place on Aug 15 ’24, was worth 8,725. In this transaction Chief People Officer of this company sold 1,328 shares at a rate of $6.57, taking the stock ownership to the 118,536 shares. Before that another transaction happened on Aug 05 ’24, when Company’s Chief Operating Officer sold 5,209 for $6.19, making the entire transaction worth $32,224. This insider now owns 150,006 shares in total.

Health Catalyst Inc (HCAT) Earnings and Forecasts

In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.03 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 144.24% per share during the next fiscal year.

Health Catalyst Inc (NASDAQ: HCAT) Trading Performance Indicators

Here are Health Catalyst Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.45.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.50, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.49 in one year’s time.

Technical Analysis of Health Catalyst Inc (HCAT)

Analysing the last 5-days average volume posted by the [Health Catalyst Inc, HCAT], we can find that recorded value of 0.33 million was lower than the volume posted last year of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 39.47%. Additionally, its Average True Range was 0.43.

During the past 100 days, Health Catalyst Inc’s (HCAT) raw stochastic average was set at 65.31%, which indicates a significant decrease from 73.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.86% in the past 14 days, which was lower than the 80.51% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.74, while its 200-day Moving Average is $7.62. Now, the first resistance to watch is $7.32. This is followed by the second major resistance level at $7.45. The third major resistance level sits at $7.69. If the price goes on to break the first support level at $6.95, it is likely to go to the next support level at $6.71. Should the price break the second support level, the third support level stands at $6.58.

Health Catalyst Inc (NASDAQ: HCAT) Key Stats

With a market capitalization of 434.78 million, the company has a total of 59,035K Shares Outstanding. Currently, annual sales are 295,940 K while annual income is -118,150 K. The company’s previous quarter sales were 75,900 K while its latest quarter income was -13,520 K.