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Added to YB: 2024-08-29

Pitch date: 2024-08-27

HIMS [bullish]

Hims & Hers Health, Inc.

+157.51%

current return

Author Info

Momentum Financial researches stocks from around the world to invest in for the long-term. Sign up for the newsletter.

Company Info

Hims & Hers Health, Inc. operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, Canada, and internationally.

Market Cap

$8.9B

Pitch Price

$14.45

Price Target

18.88 (-49%)

Dividend

N/A

EV/EBITDA

52.94

P/E

73.02

EV/Sales

4.26

Sector

Health Care Providers and Services

Category

growth

Show full summary:
Hims & Hers - Momentum Financial

HIMS: Telemedicine co. w/ 100% YoY rev growth since 2018, profitable Q1 2024. 50% rev growth est., 20% FCF margin potential. Risks: commodity market, lack of moat, potential scandals. 27% upside at 20x EV/FCF. Recent 30% drop from GLP-1 hype offers opportunity. Founders own 14%.

Read full article (6 min)