Added to YB: 2024-06-05
Pitch date: 2024-06-04
HIMS [bullish]
Hims & Hers Health, Inc.
-3.33%
current return
Author Info
No bio for this author
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
$21.03
Price Target
N/A
Dividend
N/A
EV/EBITDA
22.69
P/E
32.11
EV/Sales
1.83
Sector
Health Care Providers and Services
Category
growth
Hims & Hers Health: The GLP-1 Opportunity
HIMS: DTC healthcare co undercutting competition in GLP-1 weight loss drugs. $199 compounded, $79 oral vs $900+ competitors. 70% of US adults overweight, only 24% have full insurance coverage. 40% DTC share of 33% receptive market = 11.9M subs, $941M/mo sales at 90%+ GM. 7x subs, 11x rev. Stock +41% but still 5-5.5x GP. Demonstrates ability to innovate & secure scarce distribution.
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