Financial Fitness Check: Examining Healthequity Inc (HQY)’s Key Ratios

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In the latest session, Healthequity Inc (NASDAQ: HQY) closed at $76.82 down -0.70% from its previous closing price of $77.36. In other words, the price has decreased by -$0.70 from its previous closing price. On the day, 0.56 million shares were traded. HQY stock price reached its highest trading level at $77.85 during the session, while it also had its lowest trading level at $76.28.

Ratios:

For a deeper understanding of Healthequity Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.45. For the most recent quarter (mrq), Quick Ratio is recorded 4.76 and its Current Ratio is at 4.76. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.45.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JMP Securities on April 04, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $101.

On April 02, 2024, JP Morgan reiterated its Overweight rating and also lowered its target price recommendation from $86 to $108.

On January 03, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $84.Barclays initiated its Overweight rating on January 03, 2024, with a $84 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 Mar 26 ’24 when Dilsaver Evelyn S sold 32,500 shares for $79.29 per share. The transaction valued at 2,576,847 led to the insider holds 32,123 shares of the business.

Kessler Jon sold 33,765 shares of HQY for $2,694,731 on Mar 22 ’24. The PRESIDENT AND CEO now owns 126,635 shares after completing the transaction at $79.81 per share. On Mar 01 ’24, another insider, Ladd Delano, who serves as the EVP, GC & CORPORATE SECRETARY of the company, sold 2,558 shares for $82.59 each. As a result, the insider received 211,265 and left with 47,438 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HQY now has a Market Capitalization of 6665233920 and an Enterprise Value of 7147869184. As of this moment, Healthequity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 120.03, and their Forward P/E ratio for the next fiscal year is 21.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.62 while its Price-to-Book (P/B) ratio in mrq is 3.25. Its current Enterprise Value per Revenue stands at 7.151 whereas that against EBITDA is 25.418.

Stock Price History:

The Beta on a monthly basis for HQY is 0.55, which has changed by 0.3558066 over the last 52 weeks, in comparison to a change of 0.26159418 over the same period for the S&P500. Over the past 52 weeks, HQY has reached a high of $84.49, while it has fallen to a 52-week low of $54.09. The 50-Day Moving Average of the stock is -4.33%, while the 200-Day Moving Average is calculated to be 4.45%.

Shares Statistics:

For the past three months, HQY has traded an average of 562.88K shares per day and 600550 over the past ten days. A total of 86.13M shares are outstanding, with a floating share count of 83.93M. Insiders hold about 2.59% of the company’s shares, while institutions hold 104.76% stake in the company. Shares short for HQY as of 1714435200 were 2926619 with a Short Ratio of 5.20, compared to 1711584000 on 2981425. Therefore, it implies a Short% of Shares Outstanding of 2926619 and a Short% of Float of 3.95.

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