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The price of Healthequity Inc (NASDAQ: HQY) closed at $84.75 in the last session, up 1.04% from day before closing price of $83.88. In other words, the price has increased by $1.04 from its previous closing price. On the day, 0.8 million shares were traded. HQY stock price reached its highest trading level at $84.905 during the session, while it also had its lowest trading level at $83.15.
Ratios:
We take a closer look at HQY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.25. For the most recent quarter (mrq), Quick Ratio is recorded 4.10 and its Current Ratio is at 4.10. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.53.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 09 ’24 when ROBERT SELANDER bought 8,250 shares for $82.98 per share.
Stephen Neeleman bought 739 shares of HQY for $57,824 on Oct 03 ’24. On Oct 03 ’24, another insider, James M. Lucania, who serves as the Officer of the company, bought 1,772 shares for $78.25 each.
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 7400751104 and an Enterprise Value of 8231308288. As of this moment, Healthequity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 70.61, and their Forward P/E ratio for the next fiscal year is 22.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.73 while its Price-to-Book (P/B) ratio in mrq is 3.43. Its current Enterprise Value per Revenue stands at 7.489 whereas that against EBITDA is 24.394.
Stock Price History:
Over the past 52 weeks, HQY has reached a high of $88.26, while it has fallen to a 52-week low of $61.81. The 50-Day Moving Average of the stock is 10.32%, while the 200-Day Moving Average is calculated to be 7.89%.
Shares Statistics:
According to the various share statistics, HQY traded on average about 654.98K shares per day over the past 3-months and 571980 shares per day over the past 10 days. A total of 86.13M shares are outstanding, with a floating share count of 85.28M. Insiders hold about 2.35% of the company’s shares, while institutions hold 102.15% stake in the company. Shares short for HQY as of 1727654400 were 4285931 with a Short Ratio of 6.54, compared to 1724976000 on 4335196. Therefore, it implies a Short% of Shares Outstanding of 4285931 and a Short% of Float of 5.7299999999999995.
