[BLOG] Exit Velocity Investing
Added to YB: 2024-03-06
Pitch date: 2024-03-04
HIMS [bullish]
Hims & Hers Health, Inc.
-0.55%
current return
Author Info
Exit Velocity Investing is a growth investor finding opportunities for outsized investment returns. 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, and internationally.
Market Cap
$3.1B
Pitch Price
$14.51
Price Target
50.21 (+248%)
Dividend
N/A
Sector
Health Care Providers and Services
Category
growth
Hims & Hers Health: We Are Still So. Damn. Early.
$HIMS: Telehealth leader w/ 49% mkt share, 65% rev growth to $872M in '23. Estimates $50 fair value (283% upside), 10x in 7yrs driven by low CAC, high LTV & margin expansion. Risks: competition, reg, execution, but CEO aligned & beats guidance. Compelling at 2.5x '30 EV/EBIT.
Read full article (5 min)