Health Catalyst Stock Today
| HCAT Stock | USD 5.58 0.12 2.11% |
Performance0 of 100
| Odds Of DistressOver 63
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Health Catalyst is selling for under 5.58 as of the 19th of April 2024; that is -2.11 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 5.51. Health Catalyst has more than 63 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Health Catalyst are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 25th of July 2019 | Category Healthcare | Classification Health Care |
Health Catalyst, Inc. provides data and analytics technology and services to healthcare organizations. Health Catalyst, Inc. was founded in 2008 and is based in South Jordan, Utah. Health Catalyst operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. The company has 58.56 M outstanding shares of which 1.52 M shares are currently shorted by private and institutional investors with about 2.38 trading days to cover. More on Health Catalyst
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Follow Valuation Options Odds of Bankruptcy
Financial Report 14th of May 2024
Health Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Health Catalyst's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Health Catalyst or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Health Care Technology, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Technology, Health Information Services, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Health Catalyst report their recommendations after researching Health Catalyst's financial statements, talking to executives and customers, or listening in on Health Catalyst's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Health Catalyst. The Health consensus assessment is calculated by taking the average forecast from all of the analysts covering Health Catalyst. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Health Catalyst's liquidity, profitability, solvency, and operating efficiency, Health Catalyst is not in a good financial situation at this time. It has a very high odds of going through financial crisis in May. Financial strength of Health Catalyst is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Health Catalyst's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Health Catalyst's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Health Catalyst's financial leverage. It provides some insight into what part of Health Catalyst's total assets is financed by creditors.
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Health Catalyst (HCAT) is traded on NASDAQ Exchange in USA. It is located in 10897 South River Front Parkway, South Jordan, UT, United States, 84095 and employs 1,300 people. Health Catalyst is listed under Health Care Technology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 329.42 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Health Catalyst's market, we take the total number of its shares issued and multiply it by Health Catalyst's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Health Catalyst conducts business under Health Care Technology sector and is part of Health Care industry. The entity has 58.56 M outstanding shares of which 1.52 M shares are currently shorted by private and institutional investors with about 2.38 trading days to cover.
Health Catalyst currently holds about 403.35 M in cash with (33.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.37, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Health Catalyst Probability Of Bankruptcy
Ownership AllocationHealth Catalyst secures a total of 58.56 Million outstanding shares. The majority of Health Catalyst outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Health Catalyst to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Health Catalyst. Please pay attention to any change in the institutional holdings of Health Catalyst as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Health Ownership Details
Health Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Health Catalyst jumping above the current price in 90 days from now is about 98.0%. The Health Catalyst probability density function shows the probability of Health Catalyst stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.3331. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Health Catalyst will likely underperform. Additionally, health Catalyst has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Health Catalyst to move above the current price in 90 days from now is about 98.0 (This Health Catalyst probability density function shows the probability of Health Stock to fall within a particular range of prices over 90 days) .
Health Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Health Catalyst that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Health Catalyst's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Health Catalyst's value.| Instituion | Recorded On | Shares | |
| Impax Asset Management Group Plc | 2023-09-30 | 1.2 M | |
| Nepsis, Inc. | 2023-12-31 | 1.1 M | |
| First Light Asset Management, Llc | 2023-12-31 | 1 M | |
| Alyeska Investment Group, L.p. | 2023-09-30 | 918.3 K | |
| Goldman Sachs Group Inc | 2023-09-30 | 884.8 K | |
| Bank Of New York Mellon Corp | 2023-09-30 | 854.9 K | |
| Jacobs Levy Equity Management, Inc. | 2023-09-30 | 762.6 K | |
| Bares Capital Management Inc | 2023-09-30 | 700 K | |
| American Century Companies Inc | 2023-12-31 | 656.3 K | |
| Vanguard Group Inc | 2023-09-30 | 6.4 M | |
| Blackrock Inc | 2023-09-30 | 4.9 M |
Health Catalyst Historical Income Statement
Health Catalyst Income Statement is one of the three primary financial statements used for reporting Health's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Health Catalyst revenue and expense. Health Catalyst Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Health Catalyst's Tax Provision is comparatively stable compared to the past year. Net Interest Income is likely to gain to about 9.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 55.4 M in 2024. View More FundamentalsHealth Stock Against Markets
Picking the right benchmark for Health Catalyst stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Health Catalyst stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Health Catalyst is critical whether you are bullish or bearish towards Health Catalyst at a given time. Please also check how Health Catalyst's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Health Catalyst without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Health Catalyst Corporate Management
Elected by the shareholders, the Health Catalyst's board of directors comprises two types of representatives: Health Catalyst inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Health. The board's role is to monitor Health Catalyst's management team and ensure that shareholders' interests are well served. Health Catalyst's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Health Catalyst's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Maxine Liu | Senior Interopability | Profile | |
| Holly Rimmasch | Senior Officer | Profile | |
| Kevin Freeman | Chief Officer | Profile | |
| Paul Horstmeier | Chief Officer | Profile | |
| Tarah Bryan | Chief Officer | Profile | |
| Ryan Barry | Chief Services | Profile | |
| Kyle Salyers | Chief Development | Profile |
How to buy Health Stock?
Before investing in Health Catalyst, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Health Catalyst. To buy Health Catalyst stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Health Catalyst. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Health Catalyst stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Health Catalyst stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Health Catalyst stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Health Catalyst, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Health Stock please use our How to Invest in Health Catalyst guide.
Already Invested in Health Catalyst?
The danger of trading Health Catalyst is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Health Catalyst is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Health Catalyst. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Health Catalyst is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Health Catalyst is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Health Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Health Catalyst Stock. Highlighted below are key reports to facilitate an investment decision about Health Catalyst Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Health Catalyst. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Health Stock please use our How to Invest in Health Catalyst guide.Note that the Health Catalyst information on this page should be used as a complementary analysis to other Health Catalyst's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Health Stock analysis
When running Health Catalyst's price analysis, check to measure Health Catalyst's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Health Catalyst is operating at the current time. Most of Health Catalyst's value examination focuses on studying past and present price action to predict the probability of Health Catalyst's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Health Catalyst's price. Additionally, you may evaluate how the addition of Health Catalyst to your portfolios can decrease your overall portfolio volatility.
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Is Health Catalyst's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Health Catalyst. If investors know Health will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Health Catalyst listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.09) | Revenue Per Share 5.245 | Quarterly Revenue Growth 0.086 | Return On Assets (0.07) | Return On Equity (0.30) |
The market value of Health Catalyst is measured differently than its book value, which is the value of Health that is recorded on the company's balance sheet. Investors also form their own opinion of Health Catalyst's value that differs from its market value or its book value, called intrinsic value, which is Health Catalyst's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Health Catalyst's market value can be influenced by many factors that don't directly affect Health Catalyst's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Health Catalyst's value and its price as these two are different measures arrived at by different means. Investors typically determine if Health Catalyst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Health Catalyst's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.