Alert: Rating Upgrade (12/15/23)-HealthEquity Inc (NASDAQ: HQY).


Stock Rating Upgrade

During the last several trading days the Value Trend Rating for HealthEquity Inc (NASDAQ: HQY) improved from C to B reflecting improving fundamentals and high Appreciation Potential.


Recent Price Action

HealthEquity Inc (NASDAQ: HQY) stock declined by -2.5% on 12/15/23. The shares closed at $62.44. Moreover, exceptionally high trading volume at 259% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -7.8% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, HQY is expected to be a Value Builder.

HealthEquity has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. HealthEquity has a neutral Appreciation Score of 40 but a very high Power Rating of 92, with the Positive Value Trend Rating the result.

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