HealthEquity, Inc. is engaged in providing technology-enabled services that help consumers make healthcare savings and spending decisions. Co. uses its technology to manage consumers' tax-advantaged health savings accounts (HSAs) and other consumer-directed benefits (CDBs) offered by employers, including flexible spending accounts and health reimbursement arrangements (FSAs and HRAs), and to administer Consolidated Omnibus Budget Reconciliation Act (COBRA), commuter and other benefits. It offers a mutual fund investment platform and access to an online-only automated investment advisory service to all its members. We show 43 historical shares outstanding datapoints in our HQY shares outstanding history coverage, used to compute HQY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HQY market cap history over the course of time is important for investors
interested in comparing HQY's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of HQY versus a peer is one thing; comparing
HQY market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like HQY can fluctuate over the course of history.
With this page we aim to empower investors researching HQY by allowing them to research the HQY market cap history. |
Free HQY Email Alerts:
Video: The Importance of Market Cap
