Healthequity Inc (NASDAQ: HQY) on Tuesday, soared 1.50% from the previous trading day, before settling in for the closing price of $110.31. Within the past 52 weeks, HQY’s price has moved between $65.01 and $112.53.
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A company in the Healthcare sector has jumped its sales by 17.73% annually for the last half of the decade. The company achieved an average annual earnings per share of 40.15%. With a float of $84.54 million, this company’s outstanding shares have now reached $86.82 million.
In an organization with 3150 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 58.4%, operating margin of 14.37%, and the pretax margin is 10.07%.
Healthequity Inc (HQY) Insider Updates
Observing investor behavior towards Health Information Services industry stocks is more important than anything else. The insider ownership of Healthequity Inc is 2.45%, while institutional ownership is 101.85%. The most recent insider transaction that took place on Jan 07 ’25, was worth 166,508. Before that another transaction happened on Jan 07 ’25, when Company’s Officer proposed sale 570 for $97.54, making the entire transaction worth $55,600.
Healthequity Inc (HQY) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.9 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 40.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.16% 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 3.20 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 8.44. Likewise, its price to free cash flow for the trailing twelve months is 28.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.10, a number that is poised to hit 0.72 in the next quarter and is forecasted to reach 3.71 in one year’s time.
Technical Analysis of Healthequity Inc (HQY)
Let’s dig in a bit further. During the last 5-days, its volume was 0.73 million. That was inferior than the volume of 0.74 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 84.15%. Additionally, its Average True Range was 3.27.
During the past 100 days, Healthequity Inc’s (HQY) raw stochastic average was set at 96.80%, which indicates a significant increase from 91.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.47% in the past 14 days, which was lower than the 30.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $100.85, while its 200-day Moving Average is $86.17. However, in the short run, Healthequity Inc’s stock first resistance to watch stands at $113.65. Second resistance stands at $115.33. The third major resistance level sits at $117.44. If the price goes on to break the first support level at $109.86, it is likely to go to the next support level at $107.75. Assuming the price breaks the second support level, the third support level stands at $106.07.
Healthequity Inc (NASDAQ: HQY) Key Stats
Market capitalization of the company is 9.70 billion based on 86,663K outstanding shares. Right now, sales total 999,590 K and income totals 55,710 K. The company made 300,430 K in profit during its latest quarter, and 5,700 K in sales during its previous quarter.
