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HQY

STRONG BUYFLAG

HealthEquity, Inc. · Healthcare · United States · $7.9B · Avg Vol: $93M/d

85
StockRank
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Q
72
V
37
M
73
P/E (TTM)
36.6x
ROE
11.1%
D/E
0.5x
Dividend %
AI CONVICTION THESIS

HealthEquity has quality Q71 and momentum M73 with a buyback retiring 1.82% of shares, but value at V39 is below the calibrated floor, so stage one fails. Insider selling is separately adverse.

COMPANY DESCRIPTION

HealthEquity, Inc. is a leading independent administrator of health savings accounts (HSAs) and other consumer-directed benefits (CDBs), providing a technology-driven platform for managing healthcare finances. The company's competitive moat is built on its extensive network of employer and health plan partners, high customer retention due to sticky accounts, and a comprehensive platform that simplifies healthcare saving and spending. As a market leader, HealthEquity benefits from the increasing adoption of HSAs and the complexity of healthcare finance.

FINANCIAL SUMMARY (USD)

Year20222023202420252026CAGRTTM2027E2028EFwd CAGR
Revenue756.6M861.7M999.6M1.2B1.3B14.8%1.3B1.4B1.5B7.7%
EPS-0.53-0.310.651.112.5096.1%2.702.953.4016.7%
Shares83.8M84.8M86.1M86.5M85.0M+1.5%83.6M
Debt1.0B994.5M933.1M1.1B1.0B-0.2%984.7M
Equity1.9B1.9B2.0B2.1B2.1B3.3%
Op CF141.0M150.7M242.8M339.9M457.1M34.2%489.9M
Inv CF-639.2M-119.1M-46.1M-505.5M-47.1M
Fin CF394.9M-2.7M-47.0M57.6M-387.0M
Loading 1Y...
PRICE (1Y)+12.1%
83.4387.3491.2495.1599.05Jun 12Jul 7Jul 27
SMA 50SMA 200
Close
$99.05
RSI (14)
55.0
52W High
$105.96
From 52W High
0.9%

SCORE BREAKDOWN

Quality
72
ROIC
10.4%75.0
ROE
11.1%75.1
GP/Assets
28.0%63.0
Op. Margin
29.3%91.3
FCF/Assets
11.0%89.0
Piotroski
999.2
Int. Cover
5.9x53.6
D/E Ratio
0.48x30.9
Current Ratio
3.44x59.0
Value
37
P/E (TTM)
36.6x30.7
EV/EBITDA
17.9x35.5
P/FCF
21.4x54.6
P/B
4.1x33.9
P/S
6.2x35.9
Div Yield
N/A
Momentum
73
52W High %
93%92.1
RS 6M
10%80.9
SMA 50/200
1.02x69.3
EPS Rev 4W
-0.8%31.0
EPS Rev 12W
+2.0%70.4
EPS Improve
+102%73.6
Q Growth
29%66.6

FUNDAMENTALS

Market Cap
$7.9B
P/E (Forward)
18.2x
Gross Margin
70.7%

SECTOR PEERS

Closest peers in Healthcare, ranked by industry match, size, and score similarity. Cross-listings of HQY are excluded.

TickerCompanyMkt CapStockRankSignal
HQYHealthEquity, Inc.(you)$7.9B85STRONG BUY
HNGEHinge Health, Inc.$5.8B81STRONG BUY
BTSGBrightSpring Health Services, Inc.$14.3B90STRONG BUY
TXG10x Genomics, Inc.$5.9B75BUY
WAYWaystar Holding Corp.$4.3B65HOLD
DOCSDoximity, Inc.$3.7B62HOLD
VEEV.MXVeeva Systems Inc.$27.6B71BUY
TDOCTeladoc Health, Inc.$1.6B77BUY
PRVAPrivia Health Group, Inc.$3.2B57HOLD
OMCLOmnicell, Inc.$1.9B66BUY

Peer medians: ROE -25.6% · P/E 27.6x · Gross margin 50.5%

HealthEquity, Inc. (HQY) — Stock Score Summary

HealthEquity, Inc. (HQY) has a MoatMap StockRank of 85/100 based on Quality (72/100), Value (37/100), and Momentum (73/100) factor scores. The current signal is STRONG BUY. HealthEquity has quality Q71 and momentum M73 with a buyback retiring 1.82% of shares, but value at V39 is below the calibrated floor, so stage one fails. Insider selling is separately adverse.

HealthEquity, Inc. is a leading independent administrator of health savings accounts (HSAs) and other consumer-directed benefits (CDBs), providing a technology-driven platform for managing healthcare finances. The company's competitive moat is built on its extensive network of employer and health plan partners, high customer retention due to sticky accounts, and a comprehensive platform that simplifies healthcare saving and spending. As a market leader, HealthEquity benefits from the increasing adoption of HSAs and the complexity of healthcare finance.

Key Financial Metrics

Price$99.05
Market Cap$7.9B
P/E (TTM)36.62
P/E (Forward)18.15
Price/Book4.05
Return on Equity11.1%
Return on Invested Capital10.4%
Debt/Equity0.48x
Gross Margin70.7%
Operating Margin29.3%
Revenue Growth7.2%
Free Cash Flow$370M

HealthEquity, Inc. operates in the Health Information Services industry, part of the Healthcare sector (United States).

Frequently Asked Questions

What is HealthEquity, Inc.’s (HQY) StockRank?
MoatMap’s StockRank for HealthEquity, Inc. (HQY) is 85/100, with a Strong Buy signal. It is a composite of Quality (72), Value (37), and Momentum (73) factor ranks across MoatMap’s 20,000+ stock universe.
Does HealthEquity, Inc. have an economic moat?
HealthEquity, Inc. (HQY) has a Quality factor score of 72/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is HealthEquity, Inc. a buy, hold, or sell?
MoatMap’s current signal for HealthEquity, Inc. (HQY) is Strong Buy, based on a StockRank of 85/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is HealthEquity, Inc. in?
HealthEquity, Inc. (HQY) operates in the Healthcare sector, specifically the Health Information Services industry (United States).