Added to YB: 2024-06-05
Pitch date: 2024-06-04
HIMS [bullish]
Hims & Hers Health, Inc.
-24.77%
current return
Author Info
No bio for this author
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
$21.03
Price Target
N/A
Dividend
N/A
EV/EBITDA
23.63
P/E
30.31
EV/Sales
1.90
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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