HealthEquity, Inc. (NASDAQ:HQY) PEG Ratio At 2.26

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Market experts has given a mean price target of $38.67 to HealthEquity, Inc. (NASDAQ:HQY) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.08 for the near-term quarter and $0.51 for this year.

Technical View

The technical assessment of HealthEquity, Inc. pinpoints that the 50-day moving average of HealthEquity, Inc. (NASDAQ:HQY) stock is $32.05, and is trading $4.95 points away or +15.45% from 50-day moving average of $32.05. It is trading $9.07 or +32.47% off 200-day MA of $27.93.

The 52-week high of HealthEquity, Inc. (NASDAQ:HQY) was $37.50 while $15.80 is the low point in the same period. HealthEquity, Inc. share price has to rise more than $-0.50 to register a high for 52-weeks or drop +134.18% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

HealthEquity, Inc. (NASDAQ:HQY) P/E ratio is 94.87 while PEG ratio is at 2.26. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

HealthEquity, Inc. stock recorded a close of $37.00 in last trading session, which brings it market cap to $2.17B.

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