HIMS & HERS HEALTH INC (NYSE:HIMS) – A High-Growth Stock Meeting Minervini’s Trend Template

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:

• 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.

• Strong Relative Strength:

  • HIMS has a ChartMill Relative Strength (CRS) score of 99.22, meaning it outperforms nearly all other stocks.

• 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:

• 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%.

• 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.

• 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.