Analyzing HealthEquity (HQY) & Its Competitors
HealthEquity (NASDAQ: HQY) is one of 18 public companies in the “Medical Software & Technology Services” industry, but how does it contrast to its rivals? We will compare HealthEquity to similar companies based on the strength of its risk, earnings, profitability, analyst recommendations, valuation, institutional ownership and dividends.
This table compares HealthEquity and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Insider and Institutional Ownership
91.9% of HealthEquity shares are owned by institutional investors. Comparatively, 63.2% of shares of all “Medical Software & Technology Services” companies are owned by institutional investors. 29.0% of HealthEquity shares are owned by company insiders. Comparatively, 24.4% of shares of all “Medical Software & Technology Services” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Volatility and Risk
HealthEquity has a beta of 1.75, suggesting that its share price is 75% more volatile than the S&P 500. Comparatively, HealthEquity’s rivals have a beta of 1.33, suggesting that their average share price is 33% more volatile than the S&P 500.
This is a breakdown of current recommendations for HealthEquity and its rivals, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
HealthEquity currently has a consensus price target of $57.00, indicating a potential upside of 24.43%. As a group, “Medical Software & Technology Services” companies have a potential upside of 16.78%. Given HealthEquity’s stronger consensus rating and higher possible upside, equities analysts clearly believe HealthEquity is more favorable than its rivals.
Earnings and Valuation
This table compares HealthEquity and its rivals revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|HealthEquity||$189.78 million||$57.61 million||68.37|
|HealthEquity Competitors||$376.15 million||$34.64 million||9.47|
HealthEquity’s rivals have higher revenue, but lower earnings than HealthEquity. HealthEquity is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
HealthEquity beats its rivals on 11 of the 13 factors compared.
HealthEquity Company Profile
HealthEquity, Inc. provides a range of solutions for managing healthcare accounts (Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs) and Flexible Spending Accounts (FSAs)) for health plans, insurance companies and third-party administrators. The Company is engaged in technology-enabled services platforms that allow consumers to make healthcare saving and spending decisions. Its platform provides an ecosystem where consumers can access their tax-advantaged healthcare savings, compare treatment options and pricing, evaluate and pay healthcare bills, receive personalized benefit and clinical information, earn wellness incentives and make educated investment choices to help in their tax-advantaged healthcare savings. Its products and services include healthcare saving and spending platform, health savings accounts, investment advisory services, reimbursement arrangements and healthcare incentives. Its ecosystem primarily consists of HSA.
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