HIMS & HERS HEALTH INC (NYSE:HIMS) has been identified as a strong candidate for high-growth momentum investors, aligning with Mark Minervini’s Trend Template criteria. The stock exhibits robust technical strength and accelerating fundamentals, making it worth a closer look.
Why HIMS Fits the Minervini Trend Template
Minervini’s strategy focuses on stocks in strong uptrends with clear technical strength. HIMS meets all key criteria:
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Price Above Key Moving Averages:
- Current price ($64.00) is well above the 50-day SMA ($34.50), 150-day SMA ($31.87), and 200-day SMA ($28.08).
- The 50-day SMA is above both the 150-day and 200-day SMAs, confirming bullish momentum.
- The 200-day SMA is trending upward, reinforcing long-term strength.
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Strong Relative Strength:
- HIMS has a ChartMill Relative Strength (CRS) score of 99.22, meaning it outperforms nearly all other stocks.
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Price Near 52-Week High:
- Trading at $64.00, HIMS is within 12% of its 52-week high ($72.98).
- The stock is 375% above its 52-week low ($13.47), showing sustained upward momentum.
High-Growth Fundamentals
Beyond technicals, HIMS demonstrates explosive growth in key financial metrics:
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Earnings Growth:
- EPS (TTM) surged 7,000% YoY, with quarterly EPS growth of 300% in the most recent quarter.
- The company has beaten EPS estimates in all of the last four quarters, with an average beat of 192.83%.
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Revenue Expansion:
- Revenue grew 85.99% YoY (TTM), with the latest quarter showing 110.67% growth.
- Revenue estimates for next year have been revised upward by 21.55% over the past three months.
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Profitability Improvements:
- Profit margins expanded to 8.44% in the latest quarter, up from 5.41% in the prior quarter.
- Free cash flow per share grew 3,974% YoY, reflecting strong operational efficiency.
Technical Analysis Summary
ChartMill’s technical report assigns HIMS a perfect 10/10 rating, citing:
- Strong short- and long-term uptrends.
- Exceptional relative strength, outperforming 99% of stocks over the past year.
- High liquidity, with average daily volume of 35 million shares.
However, the setup rating is currently low (1/10) due to extended price movement. Investors may want to wait for a pullback or consolidation before entering.
For a deeper analysis, review the full technical report here.
Our High Growth Momentum + Trend Template screener lists more high-growth stocks meeting these criteria.
Disclaimer
This is not investment advice. Always conduct your own research and consider risk management before making investment decisions.
