HealthEquity, Inc. (NASDAQ: HQY) is a prominent player in the Zacks Medical Services industry, specializing in providing services related to Health Savings Accounts (HSAs) and Consumer-Directed Benefits (CDBs). The company has shown consistent growth, as evidenced by its recent financial performance. HealthEquity competes with other firms in the healthcare financial services sector, striving to offer innovative solutions to its clients.
On June 3, 2025, HealthEquity reported earnings per share (EPS) of $0.97, surpassing the estimated $0.81. This represents a significant improvement from the $0.80 EPS reported a year ago, marking a 19.75% earnings surprise. Over the past four quarters, HealthEquity has exceeded consensus EPS estimates three times, showcasing its ability to outperform market expectations.
In addition to strong earnings, HealthEquity reported revenues of $330.8 million for the quarter ending April 2025, exceeding the Zacks Consensus Estimate by 3.03%. This marks a 15% increase from the $287.6 million reported in the same quarter last year. The company has consistently surpassed consensus revenue estimates in the last four quarters, highlighting its robust revenue growth.
HealthEquity's net income saw a significant rise of 87%, reaching $53.9 million compared to $28.8 million in Q1 FY25. On a non-GAAP basis, net income was $85.8 million, up 22% from the prior year. The company's adjusted EBITDA was $140.2 million, reflecting a 19% increase from $117.4 million in Q1 FY25, indicating strong operational performance.
The company also reported growth in its Health Savings Accounts (HSAs), with 9.9 million accounts, a 9% increase from the previous year. Total HSA assets reached $31.3 billion, up 15%. Additionally, HealthEquity repurchased 0.7 million shares of its common stock for $60.3 million, demonstrating confidence in its financial health and future prospects.
Symbol | Price | %chg |
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2413.T | 1895.5 | 0 |
IKS.BO | 1597.9 | 0 |
IKS.NS | 1595 | 0 |
4483.T | 3714 | 0 |
HealthEquity, Inc. (NASDAQ:HQY) is a leading provider of health savings accounts (HSAs) and other consumer-directed benefits. The company is known for its innovative financial products that help manage healthcare expenses. Competing in the financial services sector within healthcare, HealthEquity aims to deliver exceptional value to its customers.
On June 3, 2025, HealthEquity is scheduled to release its quarterly earnings. Analysts have forecasted an EPS of $0.81, marking a 1.3% increase from the previous year. This growth is primarily due to an expected revenue increase to $321 million, up 11.7% year-over-year, showcasing the company's robust financial health.
The consensus EPS estimate has seen a minor adjustment, decreasing by 0.2% over the last 30 days. These revisions are crucial as they can influence investor sentiment and potentially affect the company's stock price. The relationship between earnings estimate trends and stock price movements is well-documented, underscoring the importance of these adjustments for investors.
HealthEquity's market valuation is evidenced by its P/E ratio of 90.53 and a price-to-sales ratio of 7.29. These figures indicate that the market has high expectations for the company's future growth. Furthermore, HealthEquity's financial stability is demonstrated by a current ratio of 3.06 and a debt-to-equity ratio of 0.52, highlighting its strong financial position and balanced financing strategy.
HealthEquity, Inc. (NASDAQ:HQY) is a prominent provider of healthcare savings management services, including health savings accounts (HSAs), flexible spending accounts (FSAs), and other related financial services. The company is currently under scrutiny by the Rosen Law Firm for potentially misleading business information, which could have significant implications for shareholders and the stock market.
HealthEquity competes with other financial service providers in the healthcare sector, such as Optum Bank and Fidelity Investments. The ongoing investigation by the Rosen Law Firm alleges that HealthEquity may have provided misleading information to the public, which is a significant concern for shareholders. They might be eligible for compensation through a contingency fee arrangement, meaning no upfront fees are required. The investigation was prompted by a 17% drop in HealthEquity's stock price on March 19, 2025, following an Investopedia article that highlighted the company's struggles with cyber threats and fraud. These issues have led to missed profit estimates and weak future guidance, causing investor concern. Adding to the company's challenges, Robert W. Selander, a director at HealthEquity, executed two significant stock sale transactions on April 9, 2025, selling shares at approximately $76.79 and $78.06 each. After these transactions, Selander holds 85,369 shares of the company's common stock, which might raise questions among investors regarding the company's future prospects. The Rosen Law Firm, known for its expertise in securities class actions, is preparing a class action to recover investor losses. Investors are encouraged to contact the Rosen Law Firm for more information on joining the class action as they seek to address the potential misleading information provided by HealthEquity.
HealthEquity, Inc. (NASDAQ:HQY) is a prominent provider of healthcare savings management services, including health savings accounts (HSAs), flexible spending accounts (FSAs), and other related financial services. The company is currently under scrutiny by the Rosen Law Firm for potentially misleading business information, which could have significant implications for shareholders and the stock market.
HealthEquity competes with other financial service providers in the healthcare sector, such as Optum Bank and Fidelity Investments. The ongoing investigation by the Rosen Law Firm alleges that HealthEquity may have provided misleading information to the public, which is a significant concern for shareholders. They might be eligible for compensation through a contingency fee arrangement, meaning no upfront fees are required. The investigation was prompted by a 17% drop in HealthEquity's stock price on March 19, 2025, following an Investopedia article that highlighted the company's struggles with cyber threats and fraud. These issues have led to missed profit estimates and weak future guidance, causing investor concern. Adding to the company's challenges, Robert W. Selander, a director at HealthEquity, executed two significant stock sale transactions on April 9, 2025, selling shares at approximately $76.79 and $78.06 each. After these transactions, Selander holds 85,369 shares of the company's common stock, which might raise questions among investors regarding the company's future prospects. The Rosen Law Firm, known for its expertise in securities class actions, is preparing a class action to recover investor losses. Investors are encouraged to contact the Rosen Law Firm for more information on joining the class action as they seek to address the potential misleading information provided by HealthEquity.
HealthEquity, Inc. (NASDAQ:HQY) is a company that provides a range of services related to health savings accounts (HSAs) and other consumer-directed benefits. It operates in the healthcare sector, offering solutions that help individuals manage their healthcare expenses. HealthEquity competes with other companies in the financial services and healthcare sectors, such as UnitedHealth Group and Optum.
On March 25, 2025, Raymond James upgraded HealthEquity's stock to a "Strong Buy," despite ongoing fraud concerns. This upgrade came after the stock price settled at $90.19. Previously, the stock was rated as "Outperform," as highlighted by Benzinga. This change in rating suggests confidence in the company's potential, despite recent challenges.
Levi & Korsinsky has launched an investigation into HealthEquity for potential violations of federal securities laws. This follows the company's announcement of its financial results for the fourth quarter and fiscal year ending January 31, 2025. HealthEquity reported earnings per share that did not meet analyst expectations and provided weak guidance for the upcoming fiscal year.
During an earnings call, HealthEquity's officers explained the financial shortfall was due to "excess service expense" from increased cyber threats and fraud attacks. This news led to a significant drop in the stock price, falling over 17% on March 19, 2025. Despite this, the stock price currently stands at $90.19, reflecting a slight decrease of 0.14%.
The stock has fluctuated today between a low of $89.75 and a high of $93.64. Over the past year, HealthEquity's stock has seen a high of $115.59 and a low of $65.01. The company's market capitalization is approximately $7.8 billion, with a trading volume of 2,051,869 shares on the NASDAQ exchange.
HealthEquity, Inc. (NASDAQ:HQY) is a company that provides a range of services related to health savings accounts (HSAs) and other consumer-directed benefits. It operates in the healthcare sector, offering solutions that help individuals manage their healthcare expenses. HealthEquity competes with other companies in the financial services and healthcare sectors, such as UnitedHealth Group and Optum.
On March 25, 2025, Raymond James upgraded HealthEquity's stock to a "Strong Buy," despite ongoing fraud concerns. This upgrade came after the stock price settled at $90.19. Previously, the stock was rated as "Outperform," as highlighted by Benzinga. This change in rating suggests confidence in the company's potential, despite recent challenges.
Levi & Korsinsky has launched an investigation into HealthEquity for potential violations of federal securities laws. This follows the company's announcement of its financial results for the fourth quarter and fiscal year ending January 31, 2025. HealthEquity reported earnings per share that did not meet analyst expectations and provided weak guidance for the upcoming fiscal year.
During an earnings call, HealthEquity's officers explained the financial shortfall was due to "excess service expense" from increased cyber threats and fraud attacks. This news led to a significant drop in the stock price, falling over 17% on March 19, 2025. Despite this, the stock price currently stands at $90.19, reflecting a slight decrease of 0.14%.
The stock has fluctuated today between a low of $89.75 and a high of $93.64. Over the past year, HealthEquity's stock has seen a high of $115.59 and a low of $65.01. The company's market capitalization is approximately $7.8 billion, with a trading volume of 2,051,869 shares on the NASDAQ exchange.
Raymond James upgraded HealthEquity (NASDAQ:HQY) from Outperform to Strong Buy, setting a new price target of $115, slightly below the previous $120, citing confidence in the company’s ability to resolve near-term challenges despite ongoing industry-wide fraud risks.
The analysts acknowledged that increased fraud-related costs have led to reduced estimates, but emphasized that the issue is affecting financial institutions across the board, not just HealthEquity. Recent data shows a notable rise in attempted fraud incidents across banks and fintech firms, with over 35% reporting more than 1,000 attempts and two-thirds experiencing year-over-year increases.
Despite these pressures, Raymond James maintains a bullish outlook, expecting HealthEquity’s management to effectively mitigate current fraud issues in the near term. The firm also highlighted disclosures from the company’s recent 10-K filing, which confirmed that no known cybersecurity threats have had a material impact on operations or are expected to in the foreseeable future.
Raymond James sees the underlying fundamentals and strategic positioning of HealthEquity as strong, and believes the stock’s current levels offer an attractive opportunity for long-term investors, even amid short-term headwinds.