Added to YB: 2024-08-06
Pitch date: 2024-08-04
HIMS [bullish]
Hims & Hers Health, Inc.
+24.34%
current return
Author Info
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Company Info
Hims & Hers Health, Inc. operates as a consumer-first health and wellness platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, Canada, Germany, the Republic of Ireland, France, Spain, and internationally.
Market Cap
$3.7B
Pitch Price
$16.35
Price Target
49.00 (+141%)
Dividend
N/A
EV/EBITDA
22.69
P/E
32.11
EV/Sales
1.83
Sector
Health Care Providers and Services
Category
growth
What To Buy In This Market Pullback? - Hims & Hers Health, Inc.
HIMS: Telemedicine leader, 60% 5yr rev CAGR. 49% US mkt share, expanding to 54% w/ new users. $121B untapped mkts (sleep, fertility, diabetes, cholesterol). $1.2B rev 2024, proj. $4.46B 2029 (30% CAGR). 15% adj. profit margin. $669M net profit 2029. 20 PE = $13.4B mkt cap. 3x upside in 5yrs. GLP-1 catalyst, not core to thesis.
Read full article (2 min)