HealthEquity Inc (NASDAQ: HQY) has reported E.P.S. of $0.31 for its fourth fiscal quarter (ending January 31) versus $0.00 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $0.65 compared to $-0.31 a year ago.
Recent Price Action
HealthEquity Inc (NASDAQ: HQY) stock closed at $83.53 on 3/19/24 after a modest gain of 0.7%. Moreover, trading volume in this advance was above average at 130% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.9% during the last week.
Current PriceTarget Research Rating
HQY’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a Value Builder.
HealthEquity has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. HealthEquity has a poor Appreciation Score of 30 but a very high Power Rating of 85, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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