A Look at Healthequity Inc (HQY) Shares in the Recent Past Indicates Growth

With 0.69 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.1 million shares. The 52-week range on HQY shows that it touched its highest point at $115.59 and its lowest point at $65.01 during that stretch. It currently has a 1-year price target of $110.93. Beta for the stock currently stands at 0.44.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HQY was up-trending over the past week, with a rise of 4.30%, but this was up by 14.39% over a month. Three-month performance dropped to -19.50% while six-month performance rose 5.74%. The stock gained 13.03% in the past year, while it has lost -6.06% so far this year. A look at the trailing 12-month EPS for HQY yields 1.09 with Next year EPS estimates of 4.40. For the next quarter, that number is 0.82. This implies an EPS growth rate of 16.20% for this year and 21.43% for next year. EPS is expected to grow by 19.52% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.44%.

Float and Shares Shorts:

At present, 86.54 million HQY shares are outstanding with a float of 84.08 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HQY since 11 analysts follow the stock currently. There are 10 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.24679 being high and $2.12643 being low. For HQY, this leads to a yearly average estimate of $2.19664.