Is Health Catalyst Stock a Good Investment?
Health Catalyst Investment Advice | HCAT |
- Examine Health Catalyst's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Health Catalyst's leadership team and their track record. Good management can help Health Catalyst navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Technology space and any emerging trends that could impact Health Catalyst's business and its evolving consumer preferences.
- Compare Health Catalyst's performance and market position to its competitors. Analyze how Health Catalyst is positioned in terms of product offerings, innovation, and market share.
- Check if Health Catalyst pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Health Catalyst's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Health Catalyst stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Health Catalyst is a good investment.
Sell | Buy |
Sell
Market Performance | OK | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Health Catalyst Stock
Researching Health Catalyst's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 91.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.39. Some equities with similar Price to Book (P/B) outperform the market in the long run. Health Catalyst recorded a loss per share of 1.34. The entity had not issued any dividends in recent years.
To determine if Health Catalyst is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Health Catalyst's research are outlined below:
| Health Catalyst had very high historical volatility over the last 90 days | |
| Health Catalyst has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 295.94 M. Net Loss for the year was (118.15 M) with profit before overhead, payroll, taxes, and interest of 135.56 M. | |
| 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. | |
| Health Catalyst has a poor financial position based on the latest SEC disclosures | |
| Over 91.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Health Catalyst Stock Price Up 8 percent on Analyst Upgrade |
Health Catalyst uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Health Catalyst. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Health Catalyst's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Health Catalyst's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Health Catalyst's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-09 | 2024-03-31 | 0.03 | 0.05 | 0.02 | 66 | ||
2024-02-22 | 2023-12-31 | -0.0002 | 0.02 | 0.0202 | 10100 | ||
2024-11-06 | 2024-09-30 | 0.1 | 0.07 | -0.03 | 30 | ||
2021-02-25 | 2020-12-31 | -0.19 | -0.16 | 0.03 | 15 | ||
2024-08-07 | 2024-06-30 | 0.08 | 0.12 | 0.04 | 50 | ||
2021-11-09 | 2021-09-30 | -0.22 | -0.18 | 0.04 | 18 | ||
2023-10-27 | 2023-09-30 | -0.02 | 0.03 | 0.05 | 250 | ||
2022-05-10 | 2022-03-31 | -0.11 | -0.06 | 0.05 | 45 |
Know Health Catalyst's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Health Catalyst is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Health Catalyst backward and forwards among themselves. Health Catalyst's institutional investor refers to the entity that pools money to purchase Health Catalyst's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.4 M | Kennedy Capital Management Inc | 2024-09-30 | 1.3 M | Jpmorgan Chase & Co | 2024-06-30 | 1.2 M | Alyeska Investment Group, L.p. | 2024-09-30 | 1.2 M | State Street Corp | 2024-06-30 | 1.1 M | Granahan Investment Management Inc.. | 2024-09-30 | 1 M | Goldman Sachs Group Inc | 2024-06-30 | 888.2 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 886.3 K | Fred Alger Management, Llc | 2024-09-30 | 842.5 K | Blackrock Inc | 2024-06-30 | 5.4 M | Vanguard Group Inc | 2024-09-30 | 4.6 M |
Health Catalyst's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 494.69 M.Market Cap |
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Health Catalyst's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.27) | (0.28) | |
| Return On Capital Employed | (0.21) | (0.22) | |
| Return On Assets | (0.17) | (0.18) | |
| Return On Equity | (0.32) | (0.34) |
Determining Health Catalyst's profitability involves analyzing its financial statements and using various financial metrics to determine if Health Catalyst is a good buy. For example, gross profit margin measures Health Catalyst's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Health Catalyst's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Health Catalyst's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Health Catalyst. Check Health Catalyst's Beneish M Score to see the likelihood of Health Catalyst's management manipulating its earnings.
Evaluate Health Catalyst's management efficiency
Health Catalyst has return on total asset (ROA) of (0.0526) % which means that it has lost $0.0526 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2146) %, meaning that it created substantial loss on money invested by shareholders. Health Catalyst's management efficiency ratios could be used to measure how well Health Catalyst manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.28 in 2024. Return On Capital Employed is likely to drop to -0.22 in 2024. Total Current Liabilities is likely to drop to about 74.4 M in 2024. Liabilities And Stockholders Equity is likely to drop to about 532.3 M in 2024| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.50 | 6.83 | |
| Tangible Book Value Per Share | 1.82 | 1.91 | |
| Enterprise Value Over EBITDA | (10.01) | (10.51) | |
| Price Book Value Ratio | 1.42 | 1.00 | |
| Enterprise Value Multiple | (10.01) | (10.51) | |
| Price Fair Value | 1.42 | 1.00 | |
| Enterprise Value | 665.2 M | 1.2 B |
Evaluating the management effectiveness of Health Catalyst allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Health Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Beta 1.325 |
Basic technical analysis of Health Stock
As of the 25th of November, Health Catalyst retains the risk adjusted performance of 0.0708, and Market Risk Adjusted Performance of 0.1411. Health Catalyst technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Health Catalyst's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Health Catalyst insiders, such as employees or executives, is commonly permitted as long as it does not rely on Health Catalyst's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Health Catalyst insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Health Catalyst's Outstanding Corporate Bonds
Health Catalyst issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Health Catalyst uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Health bonds can be classified according to their maturity, which is the date when Health Catalyst has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HEALTHCARE TRUST OF Corp BondUS42225UAH77 | View | |
| US42225UAG94 Corp BondUS42225UAG94 | View | |
| HR 3625 15 JAN 28 Corp BondUS42225UAK07 | View | |
| HR 205 15 MAR 31 Corp BondUS42225UAM62 | View | |
| HR 24 15 MAR 30 Corp BondUS42225UAL89 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| HEALTHCARE TR AMER Corp BondUS42225UAD63 | View |
Understand Health Catalyst's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Health Catalyst's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0708 | |||
| Market Risk Adjusted Performance | 0.1411 | |||
| Mean Deviation | 2.46 | |||
| Semi Deviation | 3.07 | |||
| Downside Deviation | 3.27 | |||
| Coefficient Of Variation | 1213.55 | |||
| Standard Deviation | 3.22 | |||
| Variance | 10.37 | |||
| Information Ratio | 0.0418 | |||
| Jensen Alpha | 0.0202 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0412 | |||
| Treynor Ratio | 0.1311 | |||
| Maximum Drawdown | 16.86 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 6.14 | |||
| Downside Variance | 10.68 | |||
| Semi Variance | 9.41 | |||
| Expected Short fall | (2.57) | |||
| Skewness | (0.26) | |||
| Kurtosis | 0.7615 |
| Risk Adjusted Performance | 0.0708 | |||
| Market Risk Adjusted Performance | 0.1411 | |||
| Mean Deviation | 2.46 | |||
| Semi Deviation | 3.07 | |||
| Downside Deviation | 3.27 | |||
| Coefficient Of Variation | 1213.55 | |||
| Standard Deviation | 3.22 | |||
| Variance | 10.37 | |||
| Information Ratio | 0.0418 | |||
| Jensen Alpha | 0.0202 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0412 | |||
| Treynor Ratio | 0.1311 | |||
| Maximum Drawdown | 16.86 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 6.14 | |||
| Downside Variance | 10.68 | |||
| Semi Variance | 9.41 | |||
| Expected Short fall | (2.57) | |||
| Skewness | (0.26) | |||
| Kurtosis | 0.7615 |
Consider Health Catalyst's intraday indicators
Health Catalyst intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Health Catalyst stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Health Catalyst Corporate Filings
F4 | 18th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Health Stock media impact
Far too much social signal, news, headlines, and media speculation about Health Catalyst that are available to investors today. That information is available publicly through Health media outlets and privately through word of mouth or via Health internal channels. However, regardless of the origin, that massive amount of Health data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Health Catalyst news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Health Catalyst relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Health Catalyst's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Health Catalyst alpha.
Health Catalyst Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Health Catalyst can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Health Catalyst Corporate Management
| 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 |
Additional 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.