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 was founded in 2002 and is based in Draper, Utah.
HQY Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Healthequity Inc. To summarize, we found that Healthequity Inc ranked in the 51th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Healthequity Inc ended up being:
The company's compound free cash flow growth rate over the past 5.5 years comes in at 0.59%; that's greater than 83.21% of US stocks we're applying DCF forecasting to.
Healthequity Inc's weighted average cost of capital (WACC) is 10%; for context, that number is higher than 65.53% of tickers in our DCF set.
Relative to other stocks in its sector (Technology), Healthequity Inc has a reliance on debt greater than 66.33% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as HQY, try AMZN, CIEN, GDDY, CLRO, and IIVI.
DRAPER, Utah, Jan. 11, 2021 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest independent health savings account (“HSA") custodian, today announced it will provide final sales results for its fiscal year 2021, on February 8, 2021, while providing estimates of HSA members, HSA assets and Total Accounts for its fiscal year ending on January 31, 2021, and raised its outlook for HSA cash yield for fiscal year 2022. HealthEquity also announced its JP Morgan Health Conference virtual presentation time and access. * Estimated HSA members are expected to be in a range between 5.7 million to 5.8 million by January 31, 2021, up from 5.3 million a year earlier. * HSA assets are expected to be in a range of $13.6 billion to $13.8 billio...
HealthEquity, Inc. (NASDAQ:HQY) EVP Larry L. Trittschuh sold 1,863 shares of the firm’s stock in a transaction dated Wednesday, January 6th. The shares were sold at an average price of $73.00, for a total value of $135,999.00. Following the completion of the transaction, the executive vice president now owns 14,846 shares in the company, valued […]
What happened Shares of HealthEquity (NASDAQ: HQY) were jumping 8.2% higher as of 3:07 p.m. EST on Wednesday. The company didn't report any news. Instead, today's gain appears to be the result of the overall stock market increase connected with the results of the two Georgia Senate runoff races.