There’s a different equity story being told by sentiment: Accolade Inc. (ACCD).

In the latest session, Accolade Inc. (NASDAQ: ACCD) closed at $9.66 up 5.34% from its previous closing price of $9.17. In other words, the price has increased by $+0.49 from its previous closing price. On the day, 510098 shares were traded. ACCD stock price reached its highest trading level at $9.71 during the session, while it also had its lowest trading level at $9.10.

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For a deeper understanding of Accolade Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.10 and its Current Ratio is at 3.10. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.58.

Upgrades & Downgrades

On September 07, 2022, Truist started tracking the stock assigning a Buy rating and target price of $15.

On August 12, 2022, DA Davidson started tracking the stock assigning a Buy rating and target price of $16.DA Davidson initiated its Buy rating on August 12, 2022, with a $16 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 18 when HILTON MICHAEL W sold 99 shares for $9.96 per share. The transaction valued at 986 led to the insider holds 129,735 shares of the business.

Cavanaugh Robert N sold 176 shares of ACCD for $1,754 on Jan 18. The President now owns 144,796 shares after completing the transaction at $9.96 per share. On Jan 18, another insider, SINGH RAJEEV, who serves as the Chief Executive Officer of the company, sold 276 shares for $9.96 each. As a result, the insider received 2,750 and left with 153,865 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.91 while its Price-to-Book (P/B) ratio in mrq is 1.42.

Stock Price History:

Over the past 52 weeks, ACCD has reached a high of $22.92, while it has fallen to a 52-week low of $4.61. The 50-Day Moving Average of the stock is 8.53, while the 200-Day Moving Average is calculated to be 9.58.

Shares Statistics:

For the past three months, ACCD has traded an average of 673.36K shares per day and 1.04M over the past ten days. A total of 71.23M shares are outstanding, with a floating share count of 68.97M. Insiders hold about 0.90% of the company’s shares, while institutions hold 82.70% stake in the company. Shares short for ACCD as of Oct 13, 2022 were 4.15M with a Short Ratio of 3.35M, compared to 4.64M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 5.77% and a Short% of Float of 5.87%.

Earnings Estimates

There are 14 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.62 for the current quarter, with a high estimate of -$0.56 and a low estimate of -$0.73, while EPS last year was $0.31. The consensus estimate for the next quarter is -$0.41, with high estimates of -$0.29 and low estimates of -$0.53.

Analysts are recommending an EPS of between -$2.28 and -$6.7 for the fiscal current year, implying an average EPS of -$6.26. EPS for the following year is -$2, with 15 analysts recommending between -$1.14 and -$2.49.

Revenue Estimates

A total of 17 analysts have provided revenue estimates for ACCD’s current fiscal year. The highest revenue estimate was $368.1M, while the lowest revenue estimate was $310M, resulting in an average revenue estimate of $359.2M. In the same quarter a year ago, actual revenue was $310.02M, up 15.90% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $405.73M in the next fiscal year. The high estimate is $417.5M and the low estimate is $363M. The average revenue growth estimate for next year is up 13.00% from the average revenue estimate for this year.