HealthEquityHQY
Market Cap: $6.66B
About: HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. It provides payment processing services, personalized benefit information, the ability to earn wellness incentives, and investment advice to grow their tax-advantaged healthcare savings. It manages consumers' tax-advantaged health savings accounts (HSAs) and other consumer-directed benefits (CDBs) offered by employers, including flexible spending accounts and health reimbursement arrangements (FSAs and HRAs), and administers Consolidated Omnibus Budget Reconciliation Act (COBRA), commuter and other benefits. It also provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.
Employees: 3,150
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 6 (+3) [Q2]
50% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 36
29% more repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 120
8% more capital invested
Capital invested by funds: $7.04B [Q1] → $7.58B (+$537M) [Q2]
5% more funds holding
Funds holding: 363 [Q1] → 381 (+18) [Q2]
0.9% more ownership
Funds ownership: 100.23% [Q1] → 101.13% (+0.9%) [Q2]
17% less call options, than puts
Call options by funds: $4.62M | Put options by funds: $5.59M
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Barrington Research Alexander Paris 72% 1-year accuracy 63 / 88 met price target | 38%upside $105 | Outperform Maintained | 4 Sept 2024 |
Deutsche Bank George Hill 100% 1-year accuracy 6 / 6 met price target | 35%upside $103 | Buy Maintained | 4 Sept 2024 |
JMP Securities Constantine Davides 32% 1-year accuracy 7 / 22 met price target | 38%upside $105 | Market Outperform Reiterated | 4 Sept 2024 |
RBC Capital Sean Dodge 55% 1-year accuracy 24 / 44 met price target | 21%upside $92 | Outperform Reiterated | 4 Sept 2024 |
B of A Securities Allen Lutz 63% 1-year accuracy 5 / 8 met price target | 31%upside $100 | Buy Maintained | 4 Sept 2024 |
Financial journalist opinion
Based on 17 articles about HQY published over the past 30 days