HealthEquity, Inc.'s stock (HQY) is currently priced at $81.67, showing a decrease of $1.85 (-2.22%) from the previous close of $83.52. The trading volume is $258,308, representing a 26.15% deviation from the average.
HQY reported earnings per share of 59 cents in the latest quarter, exceeding the consensus estimate of 58 cents. The earnings call was held on Monday, March 16th, with an EPS of 0.95.
The company generated a free cash flow of $101.53 million with operating cash flow at $117.92 million. Notably, they repurchased common stock worth $81 million, resulting in a net cash increase of $9.67 million.
HealthEquity, Inc. recorded a gross profit of $309.15 million, with operating income at $67.37 million. The net income for the period was $49.74 million, translating to earnings per share of 59 cents.
Key financial ratios include a net profit margin of 14.87%, return on equity of 2.36%, and a price-to-earnings ratio of 37.09. Notably, the company has a quick ratio of 3.27 and a debt-to-equity ratio of 47.53.
The company holds cash and cash equivalents of $318.93 million, with total assets amounting to $3.43 billion and total liabilities of $1.32 billion. HealthEquity, Inc. has a net debt of $682.55 million.
This comprehensive report provides insights into HealthEquity, Inc.'s financial performance and position in the current market scenario.
HealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States. The company offers cloud-based platforms for individuals to make health saving and spending decisions, pay healthcare bills, compare treatment options and prices, receive personalized benefit and clinical information, earn wellness incentives, grow their savings, and make investment choices; and health savings accounts. It also provides mutual fund investment platform; and online-only automated investment advisory services through Advisor, a Web-based tool. In addition, the company offers flexible spending accounts; health reimbursement arrangements; and Consolidated Omnibus Budget Reconciliation Act continuation services, as well as administers pre-tax commuter benefit programs. It serves clients through a direct sales force; benefits brokers and advisors; and a network of health plans, benefits administrators, benefits brokers and consultants, and retirement plan record-keepers. The company was incorporated in 2002 and is headquartered in Draper, Utah.