For its first fiscal quarter (ending April 30), HealthEquity Inc (NASDAQ: HQY) has reported E.P.S. of $0.33 compared to $0.05 a year ago. E.P.S. were $0.93 for the latest four quarters through April 30 versus $-0.10 for the same period a year ago.
Recent Price Action
On 6/3/24, HealthEquity Inc (NASDAQ: HQY) stock declined slightly by -0.6%, closing at $81.22. Moreover, trading volume in this decline was unusually high at 183% of normal. Relative to the market the stock has been strong over the last nine months and has risen 1.7% during the last week.
Current PriceTarget Research Rating
HQY is expected to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
HealthEquity has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. HealthEquity has a poor Appreciation Score of 16 but a good Power Rating of 72, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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