Back to top

Image: Bigstock

HealthEquity, Inc.

Read MoreHide Full Article

With solid HSA member growth, HealthEquity exited the third quarter on an impressive note. Additionally, a bullish guidance for fiscal 2019 paints a bright picture. Strong growth in Service and Custodial revenue segments too buoys optimism. Currently, HealthEquity is the third largest HSA custodian by market share. In addition to HSA, the company offers health reimbursement arrangement (HRA) and a health flexible spending account (FSA) to regional employers. These apart, HealthEquity’s 401(K) solution that lowers the cost, risk and work of managing a retirement plan bode well for the company. Moreover, management is optimistic about the launch of HealthEquity retirement services. The stock has outperformed the industry in a year's time. However, the company faces stiff competition in the Medical Services markets. HealthEquity is required to comply with strict Treasury Regulations formulated by the Internal Revenue Service or the IRS.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


HealthEquity, Inc. (HQY) - free report >>