HIMS & HERS HEALTH INC (NYSE:HIMS) – A Strong Growth Stock Meeting Minervini’s Criteria

HIMS & HERS HEALTH INC (NYSE:HIMS) has been identified as a high-growth momentum stock that aligns with Mark Minervini’s Trend Template. The company’s telehealth platform and accelerating financial performance make it a compelling candidate for growth investors, while its technical setup suggests a strong uptrend.

Why HIMS Fits the Minervini Trend Template

The Minervini Trend Template focuses on stocks exhibiting strong upward momentum, confirmed by moving averages and relative strength. HIMS meets these criteria:

• Price Above Key Moving Averages:

  • Current price ($53.61) is well above the 50-day ($41.11), 150-day ($35.48), and 200-day ($31.01) moving averages.
  • The 50-day MA is above both the 150-day and 200-day MAs, confirming bullish momentum.
  • The 200-day MA is rising, reinforcing long-term strength.

• Strong Relative Strength:

  • HIMS has a ChartMill Relative Strength (CRS) score of 97.84, meaning it outperforms nearly 98% of stocks.

• Price Near 52-Week High:

  • The stock is currently 26.5% above its 52-week low ($13.47) and within 26.5% of its 52-week high ($72.98).

High Growth Momentum Fundamentals

HIMS demonstrates rapid revenue and earnings expansion, a key factor for growth investors:

• Explosive Earnings Growth:

  • EPS (TTM) grew 7,000% YoY, with recent quarterly growth rates of 300% (Q2Q) and 1,000% (prior quarter).
  • The company has beaten EPS estimates in all of the last four quarters, with an average beat of 192.83%.

• Revenue Acceleration:

  • Revenue (TTM) increased 86% YoY, with quarterly sales growth of 110.67% (latest quarter).
  • Revenue estimates for next year have been revised upward by 22.43% over the past three months.

• Improving Profitability:

  • Profit margins expanded to 8.44% (latest quarter), up from 5.41% in the prior quarter.
  • Free cash flow per share surged 3,974% YoY, reflecting strong operational efficiency.

Technical Outlook

According to ChartMill’s technical report, HIMS scores a perfect 10/10 on technical health, supported by:

• A strong uptrend in both short-term and long-term timeframes.
• High liquidity, with an average daily volume of 41 million shares.
• Support levels at $52.39 (daily) and $29.69 (weekly), providing downside protection.

While the setup rating is currently 4/10, indicating consolidation, the stock remains in a favorable technical position for potential continuation.

For a deeper technical breakdown, review the full technical analysis report here.

Our High Growth Momentum + Trend Template screener lists more stocks meeting these criteria.

Disclaimer

This is not investment advice. Always conduct your own research before making investment decisions.