Analyst Ratings for HealthEquity Inc. (HQY)

Updated: 2017-07-27

HealthEquity Inc. (NASDAQ:HQY) was awarded an average rating of Buy from investment analysts following the stock. HQY had previously received a consensus rating of Buy a month ago.

Of the 10 analysts covering the stock, 8 gave it a buy rating, 1 gave an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for HQY. The maximum price target given was 61, which equates to a potential upside of 24.25 percent. The lowest price target was 48, which equates to a potential downside of -2.23 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -12.5 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 9.43 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 3 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

HQY has an estimated earnings growth rate of 8.86 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. HQY has a PEG ratio of 10.26.

HQY has traded between a high of 54.95 and a low of 28.12 over the past year. The current market price is above the trailing year's low by 74.59 percent, and 10.66 percent below the high. HQY has a P/E ratio of 90.93. Investors typically compare the P/E ratio to a company's peers in the industry. The HQY value stock report compares HQY to some of its peers using value stock charts. The market cap of HQY is $2.93 billion. HQY will post this quarters earnings in days, on 0000-00-00.