Healthequity Inc [NASDAQ: HQY] stock went on a downward path that fall over -17.07% on Wednesday, amounting to a one-week price decrease of less than -11.96%.
Over the last 12 months, HQY stock rose by 3.54%. The one-year Healthequity Inc stock forecast points to a potential upside of 26.27. The average equity rating for HQY stock is currently 1.43, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $7.31 billion, with 86.82 million shares outstanding and 84.54 million shares in the current float. Compared to the average trading volume of 781.10K shares, HQY stock reached a trading volume of 6430078 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Healthequity Inc [HQY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HQY shares is $114.36 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HQY stock is a recommendation set at 1.43. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Mizuho have made an estimate for Healthequity Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 04, 2024. While these analysts kept the previous recommendation, Goldman raised their target price to Neutral. The new note on the price target was released on November 15, 2024, representing the official price target for Healthequity Inc stock. Previously, the target price had yet another raise to $101, while JMP Securities analysts kept a Mkt Outperform rating on HQY stock. On April 02, 2024, analysts increased their price target for HQY shares from 86 to 108.
The Average True Range (ATR) for Healthequity Inc is set at 5.17, with the Price to Sales ratio for HQY stock in the period of the last 12 months amounting to 6.35. The Price to Book ratio for the last quarter was 3.45, with the Price to Cash per share for the same quarter was set at 3.72. Price to Free Cash Flow for HQY in the course of the last twelve months was 21.56 with Quick ratio for the last quarter at 3.20.
HQY Stock Performance Analysis:
Healthequity Inc [HQY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.96. With this latest performance, HQY shares dropped by -25.54% in over the last four-week period, additionally plugging by 7.76% over the last 6 months – not to mention a rise of 3.54% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HQY stock in for the last two-week period is set at 27.85, with the RSI for the last a single of trading hit 24.52, and the three-weeks RSI is set at 31.36 for Healthequity Inc [HQY]. The present Moving Average for the last 50 days of trading for this stock 105.12, while it was recorded at 95.62 for the last single week of trading, and 90.14 for the last 200 days.
Insight into Healthequity Inc Fundamentals:
Healthequity Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.20 and a Current Ratio set at 3.20.
HQY Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HQY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Healthequity Inc go to 19.66%.
Healthequity Inc [HQY] Institutonal Ownership Details
There are presently around $105.76%, or 108.07%% of HQY stock, in the hands of institutional investors. The top three institutional holders of HQY stocks are: BLACKROCK INC. with ownership of 10.74 million shares, which is approximately 12.4196%. VANGUARD GROUP INC, holding 8.83 million shares of the stock with an approximate value of $$760.76 million in HQY stocks shares; and VANGUARD GROUP INC, currently with $$627.16 million in HQY stock with ownership which is approximately 8.3502%.
