How to buy HealthEquity stock

HealthEquity, Inc is a health information services business based in the US. HealthEquity shares (HQY) are listed on the NASDAQ and all prices are listed in US Dollars. HealthEquity employs 2,931 staff and has a trailing 12-month revenue of around USD$746.6 million.

How to buy shares in HealthEquity

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for HealthEquity. Find the stock by name or ticker symbol: HQY. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until HealthEquity reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of HealthEquity, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of HealthEquity. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

HealthEquity share price

Use our graph to track the performance of HQY stocks over time.

HealthEquity shares at a glance

• Key figures

Information last updated 2021-02-24.

52-week range	USD$34.4 - USD$93.32
50-day moving average	USD$81.4473
200-day moving average	USD$64.7821
Wall St. target price	USD$84
PE ratio	1814.8888
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$0.045

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Is it a good time to buy HealthEquity stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of HealthEquity, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

HealthEquity financials

Revenue TTM	USD$746.6 million
Operating margin TTM	14.31%
Gross profit TTM	USD$325.9 million
Return on assets TTM	2.56%
Return on equity TTM	0.28%
Profit margin	0.44%
Book value	$17.612
Market capitalisation	USD$6.7 billion

TTM: trailing 12 months

Shorting HealthEquity shares

There are currently 4.2 million HealthEquity shares held short by investors – that's known as HealthEquity's "short interest". This figure is 29.5% down from 6.0 million last month.

There are a few different ways that this level of interest in shorting HealthEquity shares can be evaluated.

HealthEquity's "short interest ratio" (SIR)

HealthEquity's "short interest ratio" (SIR) is the quantity of HealthEquity shares currently shorted divided by the average quantity of HealthEquity shares traded daily (recently around 869808.81147541). HealthEquity's SIR currently stands at 4.88. In other words for every 100,000 HealthEquity shares traded daily on the market, roughly 4880 shares are currently held short.

However HealthEquity's short interest can also be evaluated against the total number of HealthEquity shares, or, against the total number of tradable HealthEquity shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case HealthEquity's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 HealthEquity shares in existence, roughly 60 shares are currently held short) or 0.0644% of the tradable shares (for every 100,000 tradable HealthEquity shares, roughly 64 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against HealthEquity.

Find out more about how you can short HealthEquity stock.

HealthEquity share price volatility

Over the last 12 months, HealthEquity's shares have ranged in value from as little as $34.4 up to $93.32. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while HealthEquity's is 1.4632. This would suggest that HealthEquity's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

HealthEquity overview

HealthEquity, Inc. providing 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 through employers; benefits brokers and advisors; and a network of health plans, benefits administrators, benefits brokers and consultants, and retirement plan record-keepers. HealthEquity, Inc. was founded in 2002 and is headquartered in Draper, Utah.

Frequently asked questions

• What percentage of HealthEquity is owned by insiders or institutions?

  Currently 2.315% of HealthEquity shares are held by insiders and 102.255% by institutions.

• How many people work for HealthEquity?

  Latest data suggests 2,931 work at HealthEquity.

• When does the fiscal year end for HealthEquity?

  HealthEquity's fiscal year ends in January.

• Where is HealthEquity based?

  HealthEquity's address is: 15 West Scenic Pointe Drive, Draper, UT, United States, 84020

• What is HealthEquity's ISIN number?

  HealthEquity's international securities identification number is: US42226A1079

• What is HealthEquity's CUSIP number?

  HealthEquity's Committee on Uniform Securities Identification Procedures number is: 42226A107