Added to YB: 2024-08-06
Pitch date: 2024-08-04
HIMS [bullish]
Hims & Hers Health, Inc.
-3.24%
current return
Author Info
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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
$3.7B
Pitch Price
$16.35
Price Target
49.00 (+210%)
Dividend
N/A
EV/EBITDA
23.63
P/E
30.31
EV/Sales
1.90
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)