Healthequity Inc (NASDAQ: HQY) is 25.51% higher on its value in year-to-date trading and has touched a low of $59.02 and a high of $87.72 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HQY stock was last observed hovering at around $83.07 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $83.21, the stock is 2.45% and 3.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.57 million and changing 0.17% at the moment leaves the stock 11.03% off its SMA200. HQY registered 27.56% gain for a year compared to 6-month gain of 19.06%.
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The stock witnessed a 8.32% loss in the last 1 month and extending the period to 3 months gives it a 1.45%, and is -0.57% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.41% over the week and 2.87% over the month.
Healthequity Inc (HQY) has around 3150 employees, a market worth around $7.24B and $1.04B in sales. Current P/E ratio is 90.57 and Fwd P/E is 22.52. Profit margin for the company is 7.71%. Distance from 52-week low is 40.99% and -5.14% from its 52-week high. The company has generated returns on investments over the last 12 months (2.62%).
The EPS is expected to grow by 33.54% this year
The shares outstanding are 86.13M, and float is at 85.07M with Short Float at 3.58%.
Healthequity Inc (HQY) Insider Activity
The most recent transaction is an insider sale by Neeleman Stephen, the company’s FOUNDER AND VICE CHAIRMAN. SEC filings show that Neeleman Stephen sold 2,080 shares of the company’s common stock on Jun 07 ’24 at a price of $85.01 per share for a total of $0.18 million. Following the sale, the insider now owns 90515.0 shares.
Healthequity Inc disclosed in a document filed with the SEC on Jun 06 ’24 that Neeleman Stephen (FOUNDER AND VICE CHAIRMAN) sold a total of 7,484 shares of the company’s common stock. The trade occurred on Jun 06 ’24 and was made at $85.05 per share for $0.64 million. Following the transaction, the insider now directly holds 90515.0 shares of the HQY stock.
Still, SEC filings show that on Jun 05 ’24, Neeleman Stephen (FOUNDER AND VICE CHAIRMAN) disposed off 25,036 shares at an average price of $85.06 for $2.13 million. The insider now directly holds 90,515 shares of Healthequity Inc (HQY).
