Healthequity Inc (NASDAQ: HQY) on Friday, soared 3.43% from the previous trading day, before settling in for the closing price of $95.70. Within the past 52 weeks, HQY’s price has moved between $62.10 and $101.17.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 31.23%. The company achieved an average annual earnings per share of 38.39%. With a float of $85.28 million, this company’s outstanding shares have now reached $86.13 million.
Let’s determine the extent of company efficiency that accounts for 3150 employees. In terms of profitability, gross margin is 57.61%, operating margin of 16.06%, and the pretax margin is 11.89%.
Healthequity Inc (HQY) Insider Activity
Observing investor behavior towards Health Information Services industry stocks is more important than anything else. The insider ownership of Healthequity Inc is 2.35%, while institutional ownership is 102.03%. The most recent insider transaction that took place on Nov 06 ’24, was worth 99,848. In this transaction Former Director of this company sold 1,039 shares at a rate of $96.10, taking the stock ownership to the 3,784 shares. Before that another transaction happened on Oct 09 ’24, when Company’s Director sold 8,250 for $82.98, making the entire transaction worth $684,578. This insider now owns 54,719 shares in total.
Healthequity Inc (HQY) Earnings and Forecasts
As on 7/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.6 earnings per share (EPS) for the period topping the consensus outlook (set at 0.5) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.74 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 38.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.00% during the next five years compared to -11.29% drop over the previous five years of trading.
Healthequity Inc (NASDAQ: HQY) Trading Performance Indicators
Healthequity Inc (HQY) is currently performing well based on its current performance indicators. A quick ratio of 4.10 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.13. Likewise, its price to free cash flow for the trailing twelve months is 29.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.20, a number that is poised to hit 0.72 in the next quarter and is forecasted to reach 3.72 in one year’s time.
Technical Analysis of Healthequity Inc (HQY)
Looking closely at Healthequity Inc (NASDAQ: HQY), its last 5-days average volume was 0.8 million, which is a jump from its year-to-date volume of 0.62 million. As of the previous 9 days, the stock’s Stochastic %D was 70.99%. Additionally, its Average True Range was 2.97.
During the past 100 days, Healthequity Inc’s (HQY) raw stochastic average was set at 93.94%, which indicates a significant increase from 86.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.34% in the past 14 days, which was higher than the 39.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $85.02, while its 200-day Moving Average is $80.92. However, in the short run, Healthequity Inc’s stock first resistance to watch stands at $100.45. Second resistance stands at $101.92. The third major resistance level sits at $104.19. If the price goes on to break the first support level at $96.71, it is likely to go to the next support level at $94.44. Should the price break the second support level, the third support level stands at $92.97.
Healthequity Inc (NASDAQ: HQY) Key Stats
Market capitalization of the company is 8.94 billion based on 87,324K outstanding shares. Right now, sales total 999,590 K and income totals 55,710 K. The company made 299,930 K in profit during its latest quarter, and 35,820 K in sales during its previous quarter.
