HCAT - Health Catalyst: Stellar Earnings Growth Projected

2024-06-26 17:20:29 ET

Summary

• Today, we take a look at Health Catalyst, Inc., which is projected to have a surge in earnings over the next two fiscal years.
• Management has big plans to grow revenues and adjusted EBITDA in the coming years, and the company has a considerable amount of net cash on its balance sheet.
• Analysts both here on Seeking Alpha and Wall Street have mixed views on the company, and the stock has dropped 45% over the past 12 months.
• An analysis of Health Catalyst, Inc. follows in the paragraphs below.

Today, we put Health Catalyst, Inc. ( HCAT ) , an analytics provider that services largely healthcare organizations, into the spotlight. The company is projected to have a surge in earnings over the next two fiscal years. Despite this, the stock has fallen some 45% over the past 12 months. Analysts on Seeking Alpha have differing views on the prospects for the company currently based on the two articles that have been posted on the firm so far in 2024. A bearish piece was offered up in February, followed by a more optimistic article in March. ...

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