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HealthEquity Inc HQY

Morningstar Rating
$80.89 +1.04 (1.30%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HQY is trading at a 6% premium.
Price
$79.61
Fair Value
$34.65
Uncertainty
High
1-Star Price
$93.69
5-Star Price
$38.89
Economic Moat
Kwwxqd
Capital Allocation
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News

Trading Information

Previous Close Price
$79.85
Day Range
$79.6481.22
52-Week Range
$48.8684.49
Bid/Ask
$80.84 / $82.64
Market Cap
$6.97 Bil
Volume/Avg
552,675 / 559,962

Key Statistics

Price/Earnings (Normalized)
35.33
Price/Sales
6.95
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

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.
Sector
Healthcare
Industry
Health Information Services
Stock Style Box
Small Growth
Total Number of Employees
3,150

Comparables

Valuation

Metric
HQY
NBLY
LFST
Price/Earnings (Normalized)
35.3337.89
Price/Book Value
3.381.421.51
Price/Sales
6.950.951.99
Price/Cash Flow
25.1613.98124.60
Price/Earnings
HQY
NBLY
LFST

Financial Strength

Metric
HQY
NBLY
LFST
Quick Ratio
4.350.401.01
Current Ratio
4.761.141.11
Interest Coverage
2.13−0.27−8.74
Quick Ratio
HQY
NBLY
LFST

Profitability

Metric
HQY
NBLY
LFST
Return on Assets (Normalized)
6.33%−1.59%−4.64%
Return on Equity (Normalized)
9.99%−2.93%−6.76%
Return on Invested Capital (Normalized)
7.84%0.86%−4.11%
Return on Assets
HQY
NBLY
LFST
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Health Information Services Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
GEHC
GE HealthCare Technologies Inc Common StockRlysxz$38.8 Bil
VEEV
Veeva Systems Inc Class AMpzkmvpvmBxbm$32.2 Bil
SOLV
Solventum CorpPvkfyn$11.1 Bil
MTHRF
M3 IncWgftbk$8.3 Bil
MTHRY
M3 Inc ADRRkwdxzg$8.3 Bil
PMCUF
Pro Medicus LtdMwysczv$6.9 Bil
RCM
R1 RCM IncTvpcf$5.1 Bil
DOCS
Doximity Inc Class ADqynyp$4.6 Bil
TXG
10x Genomics Inc Ordinary Shares - Class ACqxvj$3.4 Bil

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