Is NYSE:HIMS suited for growth investing?

In this article we will dive into HIMS & HERS HEALTH INC (NYSE:HIMS) as a possible candidate for growth investing. Investors should always do their own research, but we noticed HIMS & HERS HEALTH INC showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

Looking into the growth metrics of HIMS & HERS HEALTH INC

• HIMS & HERS HEALTH INC exhibits a strong Return on Equity (ROE) of 23.01%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• HIMS & HERS HEALTH INC has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
• HIMS & HERS HEALTH INC has achieved significant 1-year revenue growth of 56.7%, signaling its ability to capture market opportunities and drive top-line expansion. This growth indicates the company's effective execution and its potential for continued success.
• With impressive quarter-to-quarter (Q2Q) revenue growth of 77.13%, HIMS & HERS HEALTH INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
• HIMS & HERS HEALTH INC has experienced notable growth in its operating margin over the past year, reflecting improved operational performance. This growth suggests the company's ability to generate higher profits from its core business activities.
• The free cash flow (FCF) of HIMS & HERS HEALTH INC has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
• The recent financial report of HIMS & HERS HEALTH INC demonstrates a 900.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• The average next Quarter EPS Estimate for HIMS & HERS HEALTH INC has experienced a 239.0% change in the last 3 months, reflecting evolving expectations by analysts regarding the company's EPS performance.
• The quarterly earnings of HIMS & HERS HEALTH INC have shown a 900.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• accelerating EPS growth for HIMS & HERS HEALTH INC: the current Q2Q growth of 900.0% exceeds the previous year Q2Q growth of 55.56%.

Zooming in on the fundamentals.

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 5 out of 10 to HIMS. HIMS was compared to 109 industry peers in the Health Care Providers & Services industry. While HIMS has a great health rating, its profitability is only average at the moment. HIMS has a decent growth rate and is not valued too expensively.

For an up to date full fundamental analysis you can check the fundamental report of HIMS

More growth stocks can be found in our Lois Navellier screen.

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.