KeyCorp Comments on Healthequity Inc’s Q1 2019 Earnings (HQY)

Healthequity Inc (NASDAQ:HQY) – Analysts at KeyCorp issued their Q1 2019 EPS estimates for Healthequity in a research note issued on Thursday. KeyCorp analyst D. Hooker expects that the company will post earnings per share of $0.19 for the quarter. KeyCorp also issued estimates for Healthequity’s Q2 2019 earnings at $0.19 EPS, Q3 2019 earnings at $0.17 EPS and Q4 2019 earnings at $0.13 EPS.

Several other equities analysts have also recently commented on the stock. Zacks Investment Research raised shares of Healthequity from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a research note on Wednesday, October 11th. BidaskClub cut shares of Healthequity from a “hold” rating to a “sell” rating in a research note on Wednesday, October 18th. Chardan Capital boosted their price objective on shares of Healthequity from $58.00 to $62.00 and gave the company a “buy” rating in a research note on Wednesday, December 6th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $56.00 price objective on shares of Healthequity in a research note on Tuesday, December 5th. Finally, Robert W. Baird reaffirmed a “hold” rating on shares of Healthequity in a research note on Thursday, September 21st. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $58.33.

Shares of Healthequity (NASDAQ:HQY) traded down $0.98 during trading hours on Monday, reaching $48.10. 481,425 shares of the company traded hands, compared to its average volume of 601,631. The stock has a market capitalization of $2,920.00, a PE ratio of 65.00, a P/E/G ratio of 2.02 and a beta of 1.74. Healthequity has a 12 month low of $37.62 and a 12 month high of $55.31.

Healthequity (NASDAQ:HQY) last posted its earnings results on Tuesday, December 5th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.04. The firm had revenue of $56.80 million during the quarter, compared to the consensus estimate of $55.27 million. Healthequity had a net margin of 21.08% and a return on equity of 14.47%. The company’s revenue was up 31.0% on a year-over-year basis. During the same quarter last year, the company earned $0.10 earnings per share.

Institutional investors have recently made changes to their positions in the business. Zions Bancorporation bought a new stake in Healthequity during the third quarter valued at approximately $119,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Healthequity by 105.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,544 shares of the company’s stock valued at $127,000 after purchasing an additional 1,308 shares during the last quarter. Riverhead Capital Management LLC lifted its position in Healthequity by 75.3% during the second quarter. Riverhead Capital Management LLC now owns 2,629 shares of the company’s stock valued at $131,000 after purchasing an additional 1,129 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its position in Healthequity by 7.7% during the second quarter. Oppenheimer Asset Management Inc. now owns 2,686 shares of the company’s stock valued at $134,000 after purchasing an additional 191 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its position in Healthequity by 15.2% during the second quarter. D.A. Davidson & CO. now owns 3,326 shares of the company’s stock valued at $165,000 after purchasing an additional 439 shares during the last quarter. Institutional investors and hedge funds own 98.25% of the company’s stock.

In other Healthequity news, EVP Delano Ladd sold 26,405 shares of Healthequity stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $43.32, for a total transaction of $1,143,864.60. Following the completion of the sale, the executive vice president now directly owns 16,692 shares in the company, valued at $723,097.44. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Frank Medici sold 7,900 shares of Healthequity stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $51.11, for a total transaction of $403,769.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,116,434 shares of company stock valued at $58,417,878. 19.00% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION NOTICE: This article was published by Ticker Report and is owned by of Ticker Report. If you are reading this article on another website, it was stolen and reposted in violation of international trademark and copyright laws. The correct version of this article can be accessed at https://www.tickerreport.com/banking-finance/3143282/keycorp-comments-on-healthequity-incs-q1-2019-earnings-hqy.html.

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.

Earnings History and Estimates for Healthequity (NASDAQ:HQY)

Receive News & Ratings for Healthequity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthequity and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.