Healthequity Stock Fair Value Calculation – Dimensional Fund Advisors LP Increases Stake in HealthEquity,
November 29, 2023
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HEALTHEQUITY ($NASDAQ:HQY): HealthEquity, Inc. is a leading healthcare financial technology company that provides Americans with consumer-directed healthcare solutions. Its solutions include an integrated health savings account (HSA) platform, a pharmacy benefit manager (PBM) platform, and a suite of software products and services designed to make the most of healthcare decisions. Recently, Dimensional Fund Advisors LP, one of the world’s largest asset managers, has increased its stake in HealthEquity, Inc. Dimensional Fund Advisors LP is a privately owned company that provides asset management services with a focus on long-term growth and short-term stability. Their investment strategy is based on extensive research and long-term investment convictions.
With their increased stake in HealthEquity, Inc., Dimensional Fund Advisors LP demonstrates their confidence in the future of HealthEquity, Inc. and its ability to serve as a powerful solution for individuals looking to make wise healthcare decisions. With their strong presence in the industry, HealthEquity, Inc. is well-positioned to continue to provide solutions for individuals looking to maximize their healthcare decisions in the future.
Stock Price
On Tuesday, HealthEquity, Inc. (HEALTHEQUITY) saw its stock open at $67.0 and close at $66.8, representing a decrease of 0.4% from its previous closing price of $67.1. This increase marks a significant amount of confidence in HEALTHEQUITY’s current and future prospects, as Dimensional Fund Advisors LP is one of the largest and most respected mutual fund companies in the world. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Healthequity. More…
| Total Revenues | Net Income | Net Margin |
| 937.91 | 12.82 | 2.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Healthequity. More…
| Operations | Investing | Financing |
| 212.07 | -43.19 | -55.42 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Healthequity. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.07k | 1.12k | 22.77 |
Key Ratios Snapshot
Some of the financial key ratios for Healthequity are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.0% | -6.0% | 7.8% |
| FCF Margin | ROE | ROA |
| 18.0% | 2.4% | 1.5% |
Analysis – Healthequity Stock Fair Value Calculation
GoodWhale has analyzed HEALTHEQUITY‘s fundamentals and come up with a fair value of $74.6 per share. This figure is calculated using our proprietary Valuation Line, which takes into account a variety of factors such as the company’s earnings, growth rate, competitive position, and market conditions. Currently, HEALTHEQUITY stock is trading at $66.8, which is a fair price that is undervalued by 10.4%. As a result, investors should consider buying HEALTHEQUITY stock at its current price in order to take advantage of the potential upside. With the right strategy, investors could potentially make a profit from this investment. More…
Peers
There is fierce competition in the healthcare industry between HealthEquity Inc and its competitors: Accolade Inc, Definitive Healthcare Corp, Sharecare Inc. All four companies are striving to provide the best possible healthcare services to their customers. Each company has its own unique strengths and weaknesses, and it is up to the customer to decide which company best meets their needs.
– Accolade Inc ($NASDAQ:ACCD)
Accolade, Inc. is a technology company that provides personalized health and benefits solutions. The company offers a platform that helps people navigate the health care system, make better health decisions, and lead healthier lives. Accolade has a market cap of 789.17M as of 2022 and a Return on Equity of -47.5%. The company’s platform is used by more than 20 million people in the United States.
– Definitive Healthcare Corp ($NASDAQ:DH)
Definitive Healthcare Corp is a healthcare intelligence and analytics platform that provides insights into the healthcare industry. The company’s platform provides access to data on more than 8,500 hospitals, 1.5 million physicians, and 300,000 clinical trials. The company’s data and insights are used by healthcare organizations to drive clinical and operational decision-making.
– Sharecare Inc ($NASDAQ:SHCR)
Sharecare is a digital health company that allows users to track their health and wellness data in one place. The company has a wide range of products and services that help users track their health, including a weight loss program, a fitness tracker, and a health journal. Sharecare also offers a variety of health and wellness content, including articles, videos, and podcasts.
Summary
HealthEquity, Inc. is a financial services company that specializes in healthcare savings. Recently, Dimensional Fund Advisors LP has increased its position in the company. This news reflects a positive outlook on the company’s prospects in the financial industry. An analysis of the company’s current financials shows strong fundamentals, with a solid balance sheet, declining debt levels, and consistent cash flow. HealthEquity has achieved good returns and growth over the past years.
Additionally, its stock price has been trending higher, with analysts expecting further potential for growth. Overall, HealthEquity appears to be well-positioned to capitalize on the long-term opportunities within the healthcare sector.
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