HealthEquity (HQY) Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HealthEquity in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HQY shares.
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8 brokerages have issued 12-month target prices for HealthEquity's stock. Their HQY share price forecasts range from $71.00 to $94.00. On average, they predict the company's share price to reach $82.33 in the next twelve months. This suggests a possible upside of 25.9% from the stock's current price.
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HealthEquity's stock was trading at $61.64 on January 1st, 2023. Since then, HQY shares have increased by 6.1% and is now trading at $65.38.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 5th 2023.
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HealthEquity, Inc. (NASDAQ:HQY) released its quarterly earnings data on Tuesday, March, 21st. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.06. The business had revenue of $233.84 million for the quarter, compared to the consensus estimate of $229.43 million. HealthEquity had a positive trailing twelve-month return on equity of 4.30% and a negative net margin of 0.93%.

ETFs with the largest weight of HealthEquity (NASDAQ:HQY) stock in their portfolio include Motley Fool Mid-Cap Growth ETF (TMFM), Putnam Sustainable Future ETF (PFUT), Global X FinTech Thematic ETF (FINX), SPDR S&P Health Care Services ETF (XHS), MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), Nuveen Small Cap Select ETF (NSCS) and iShares U.S. Healthcare Providers ETF (IHF).

HealthEquity issued an update on its FY 2024 earnings guidance on Wednesday, June, 7th. The company provided earnings per share (EPS) guidance of $1.88-$1.97 for the period, compared to the consensus EPS estimate of $1.77. The company issued revenue guidance of $975.00 million-$985.00 million, compared to the consensus revenue estimate of $967.94 million.

359 employees have rated HealthEquity Chief Executive Officer Jon Kessler on Glassdoor.com. Jon Kessler has an approval rating of 95% among the company's employees. This puts Jon Kessler in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 69.0% of employees surveyed would recommend working at HealthEquity to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other HealthEquity investors own include NVIDIA (NVDA), Shopify (SHOP), Block (SQ), Okta (OKTA), PayPal (PYPL), Twilio (TWLO), Trade Desk (TTD), Alibaba Group (BABA), Casino, Guichard-Perrachon Societe Anonyme (COP) and Input Capital (INP).

HealthEquity trades on the NASDAQ under the ticker symbol "HQY."

HealthEquity's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.13%), Wasatch Advisors LP (9.10%), FMR LLC (5.34%), William Blair Investment Management LLC (3.39%), State Street Corp (3.24%) and JPMorgan Chase & Co. (2.90%). Insiders that own company stock include Adrian T Dillon, Angelique Christine Hill, Ashley Dreier, Darcy G Mott, Darcy G Mott, Debra Charlotte Mccowan, Delano Ladd, Edward Bloomberg, Frank Corvino, Frank Medici, Gayle Furgurson Wellborn, Ian Sacks, Jon Kessler, Larry L Trittschuh, Stuart B Parker and William Robert Otten.
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Shares of HQY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HQY stock can currently be purchased for approximately $65.38.

HealthEquity (NASDAQ:HQY) has a market capitalization of $5.59 billion and generates $861.75 million in revenue each year. The company earns $-26,140,000.00 in net income (profit) each year or ($0.10) on an earnings per share basis.

The company employs 3,208 workers across the globe.

HealthEquity's mailing address is 15 WEST SCENIC POINTE DRIVE SUITE 100, DRAPER UT, 84020. The official website for the company is www.healthequity.com. The company can be reached via phone at (801) 727-1000, via email at rputnam@healthequity.com, or via fax at 801-727-1005.