About Healthequity (NASDAQ:HQY)
HealthEquity, Inc. provides various solutions for managing health care accounts, health reimbursement arrangements, and flexible spending accounts for health plans, insurance companies, and third-party administrators in the United States. The company offers healthcare saving and spending platform, a cloud-based platform for individuals to make health saving and spending decisions, pay healthcare bills, compare treatment options and prices, receive personalized benefit and clinical information, earn wellness incentives, grow their savings, and make investment choices; and health savings accounts. It also provides mutual fund investment platform; and online-only investment advisory services through Advisor, a Web-based tool. In addition, the company offers health reimbursement and flexible spending arrangements solutions; and Employee Retirement Income Security Act's plan administration and investment services. HealthEquity, Inc. was founded in 2002 and is headquartered in Draper, Utah.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Trailing P/E Ratio151.41
Forward P/E Ratio112.00
Sales & Book Value
Annual Sales$229.52 million
Price / Sales22.10
Cash Flow$0.8216 per share
Price / Cash99.51
Book Value$5.71 per share
Price / Book14.32
EPS (Most Recent Fiscal Year)$0.54
Net Income$47.36 million
Return on Equity13.47%
Return on Assets12.73%
Healthequity (NASDAQ:HQY) Frequently Asked Questions
What is Healthequity's stock symbol?
Healthequity trades on the NASDAQ under the ticker symbol "HQY."
How were Healthequity's earnings last quarter?
Healthequity Inc (NASDAQ:HQY) announced its earnings results on Monday, June, 4th. The company reported $0.31 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.22 by $0.09. The company earned $69.90 million during the quarter, compared to the consensus estimate of $68.81 million. Healthequity had a net margin of 22.91% and a return on equity of 13.47%. Healthequity's revenue was up 26.2% compared to the same quarter last year. During the same period last year, the firm earned $0.23 earnings per share. View Healthequity's Earnings History.
What guidance has Healthequity issued on next quarter's earnings?
Healthequity issued an update on its FY19 earnings guidance on Monday, June, 4th. The company provided EPS guidance of $0.86-0.92 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.79. The company issued revenue guidance of $278-284 million, compared to the consensus revenue estimate of $281.56 million.
What price target have analysts set for HQY?
10 equities research analysts have issued 1 year price targets for Healthequity's stock. Their predictions range from $68.00 to $85.00. On average, they anticipate Healthequity's share price to reach $77.90 in the next year. View Analyst Ratings for Healthequity.
What are Wall Street analysts saying about Healthequity stock?
Here are some recent quotes from research analysts about Healthequity stock:
- 1. Cantor Fitzgerald analysts commented, ". We reiterate our Neutral rating on HQY shares and increase our price target to $68 from $65. After the close on Monday, June 4, HQY reported solid 1QFY19 (ended April) results that were above FactSet consensus and our estimates. Adjusted EPS were $0.31 vs. our estimate of $0.27. The company raised its FY19 revenue and EPS guidance yet again at it continues to gain market share (number of accounts and assets). We believe HQY remains well positioned due to its strong platform and continued adoption of high-deductible health plans and HSAs." (6/4/2018)
- 2. According to Zacks Investment Research, "HealthEquity, Inc. is a technology-enabled services platforms that empower consumers to make healthcare saving and spending decisions. The Company's platform provides an ecosystem where consumers can access their tax-advantaged healthcare savings, compare treatment options and pricing, evaluate and pay healthcare bills, receive personalized benefit and clinical information, earn wellness incentives, and make educated investment choices to grow their tax-advantaged healthcare savings. HealthEquity, Inc. is headquartered in Draper, Utah. " (5/12/2018)
Who are some of Healthequity's key competitors?
Some companies that are related to Healthequity include Global Payments (GPN), FleetCor Technologies (FLT), Total System Services (TSS), Msci (MSCI), Worldpay (WP), CoStar Group (CSGP), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), Mercadolibre (MELI), Alliance Data Systems (ADS), Zillow Group Inc Class C (Z), Zillow Group Inc Class A (ZG), Nielsen (NLSN), CIELO S A/S (CIOXY) and GrubHub (GRUB).
Who are Healthequity's key executives?
Healthequity's management team includes the folowing people:
- Mr. Jon Kessler, Pres, CEO & Director (Age 50)
- Mr. Darcy G. Mott, Exec. VP & CFO (Age 65)
- Ms. Ashley Dreier, Exec. VP, CTO & Chief Information Officer (Age 45)
- Mr. William Robert Otten, Exec. VP of Sales (Age 53)
- Ms. Angelique Christine Hill, Exec. VP of Operations (Age 50)
Has Healthequity been receiving favorable news coverage?
News coverage about HQY stock has been trending positive on Monday, Accern Sentiment reports. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Healthequity earned a news impact score of 0.34 on Accern's scale. They also gave news headlines about the company an impact score of 43.35 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Healthequity's major shareholders?
Healthequity's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.34%), Wasatch Advisors Inc. (3.51%), JPMorgan Chase & Co. (2.02%), Eagle Asset Management Inc. (1.82%), Wells Fargo & Company MN (1.60%) and Royal Bank of Canada (1.52%). Company insiders that own Healthequity stock include Adrian T Dillon, Angelique Christine Hill, Ashley Dreier, Berkley Capital, Llc, Darcy G Mott, Delano Ladd, Frank Corvino, Frank Medici, Gary D Robinson, Ian Sacks, Jon Kessler, Jon Soldan, Manu S Rana, Matthew Sydney, Michael O Leavitt and Stephen Neeleman. View Institutional Ownership Trends for Healthequity.
Which institutional investors are selling Healthequity stock?
HQY stock was sold by a variety of institutional investors in the last quarter, including Carillon Tower Advisers Inc., Royal Bank of Canada, Lord Abbett & CO. LLC, Wasatch Advisors Inc., Victory Capital Management Inc., Stephens Investment Management Group LLC, Wells Fargo & Company MN and Atlantic Trust Group LLC. Company insiders that have sold Healthequity company stock in the last year include Angelique Christine Hill, Ashley Dreier, Berkley Capital, Llc, Darcy G Mott, Delano Ladd, Frank Medici, Gary D Robinson, Jon Kessler, Jon Soldan and Stephen Neeleman. View Insider Buying and Selling for Healthequity.
Which institutional investors are buying Healthequity stock?
HQY stock was acquired by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, Columbus Circle Investors, BlackRock Inc., Penserra Capital Management LLC, Federated Investors Inc. PA, Scout Investments Inc., Kayne Anderson Rudnick Investment Management LLC and Hodges Capital Management Inc.. View Insider Buying and Selling for Healthequity.
How do I buy shares of Healthequity?
Shares of HQY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Healthequity's stock price today?
One share of HQY stock can currently be purchased for approximately $81.76.
How big of a company is Healthequity?
Healthequity has a market capitalization of $5.03 billion and generates $229.52 million in revenue each year. The company earns $47.36 million in net income (profit) each year or $0.54 on an earnings per share basis. Healthequity employs 1,027 workers across the globe.
How can I contact Healthequity?
Healthequity's mailing address is 15 WEST SCENIC POINTE DRIVE SUITE 100, DRAPER UT, 84020. The company can be reached via phone at 801-727-1000 or via email at [email protected]
MarketBeat Community Rating for Healthequity (HQY)MarketBeat's community ratings are surveys of what our community members think about Healthequity and other stocks. Vote "Outperform" if you believe HQY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HQY will underperform the S&P 500 over the long term. You may vote once every thirty days.