Nastassia Samal One company that I have really come to be interested in since originally finding out about it in 2022 is HealthEquity (NASDAQ:HQY). For those not familiar with the business, it operates as a provider of HSAs (health savings accounts) and other types of CDBs (consumer directed benefits) plans. In my original article about the firm, published in March 2022, I ended up rating the company a 'hold' based on concerns regarding valuation. Ultimately, in May of this year, I upgraded it to a 'buy' be ...

HealthEquity, Inc. (HQY) has been gaining from its business model and strategy. The optimism led by a solid first-quarter fiscal 2025 performance and strength in Health Savings Accounts (HSA) are expected to contribute further. However, stiff competition and the possibility that integration of acquisitions may be unsuccessful are major downsides. Image Source: Zacks Investment Research Over the past year, this Zacks Rank #3 (Hold) stock has gained 11.8% compared with the industry's 10.1% growth and the S&P ...

1 IF D H HT T 100 - 100 1 i T 1 Pgiam/iStock via Getty Images Investment update Following my last publication on HealthEquity, Inc. (NASDAQ:HQY) the stock is +14% including a sharp consolidation/distribution in July, when the company revealed one of its business partners suffered a cybersecurity event. I have been bullish on HQY since June last year (see the report here) but have covered the name since 2021 (see prior publications here) noting a positive shift in fundamentals that is beginning to materializ ...

DRAPER, Utah, Aug. 21, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity"), the leader in health savings accounts (HSAs) and consumer-directed benefits administration, will kick off the second annual HSA WeekTM on August 26. The weeklong event will include a variety of resources to educate workers and companies about HSAs and their potential to improve healthcare savings and financial stability. According to a recent HealthEquity research study, roughly 40% of employees lack confidenc ...

DRAPER, Utah, Aug. 13, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced plans to release its second quarter of fiscal 2025 financial results following the close of regular stock market trading hours on Tuesday, September 3, 2024. Following the news release, HealthEquity management plans to host a conference call for investors on Tuesday, September 3, 2024, at 4:30 p.m. Eastern Time duri ...

NEWTOWN, Pa., July 30, 2024 (GLOBE NEWSWIRE) -- The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by HealthEquity, Inc. ("Health Equity"). Health Equity learned of suspicious activity on or about March 25, 2024. To join this case, go HERE. HealthEquity is a financial technology and business services company headquartered in Draper, Utah. After receiving an alert on March 25, 2024, HealthEquity discovered a system anomaly, prompting a technical investigation that ...

Lynch Carpenter, LLP is investigating claims against HealthEquity related to this data breach. If you've received a data breach notification from HealthEquity, you may be entitled to compensation. 1https://www.maine.gov/agviewer/content/ag/985235c7-cb95-4be2-8792-a1252b4f8318/2ec3e314-5731-49d0- a937-6dc22c6b24f3.html. 2 Id. About Lynch Carpenter If you have received a notification from HealthEquity that your information was impacted, please call Patrick Donathen at (412) 322-9243, email him at patrick@lcll ...

Over the past year, the Zacks Rank #3 (Hold) stock has gained 29.3% compared with the 2.9% rise of the industry and the S&P 500's 19.3% growth. Let's delve deeper. Downsides Stiff Competition: HealthEquity faces stiff competition in the Medical Services market, which is a rapidly evolving and fragmented one. The company's success depends to a substantial extent on the willingness of consumers to increase their use of HSAs and other CDBs, and its ability to increase engagement and demonstrate the value of it ...

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With healthy fundamentals and strong growth opportunities, this Zacks Rank #2 (Buy) company appears to be a solid wealth creator for its investors at the moment. Catalysts Driving Growth HealthEquity, Inc. (HQY) witnessed strong momentum in the year-to-date period. Shares of the company rallied 25.3% compared with 4.7% growth of the industry. The S&P 500 Composite has risen 7% during the same time frame. Draper, UT-headquartered HealthEquity provides integrated solutions for healthcare account management, h ...