Health Insurance Innovations (NASDAQ: HIIQ) is one of 19 public companies in the “Insurance agents, brokers, & service” industry, but how does it compare to its peers? We will compare Health Insurance Innovations to similar companies based on the strength of its analyst recommendations, profitability, dividends, risk, valuation, institutional ownership and earnings.
Volatility & Risk
Health Insurance Innovations has a beta of 1.61, meaning that its stock price is 61% more volatile than the S&P 500. Comparatively, Health Insurance Innovations’ peers have a beta of 0.83, meaning that their average stock price is 17% less volatile than the S&P 500.
This is a breakdown of current recommendations for Health Insurance Innovations and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Health Insurance Innovations||0||0||6||1||3.14|
|Health Insurance Innovations Competitors||192||698||786||41||2.39|
Health Insurance Innovations presently has a consensus target price of $63.14, suggesting a potential upside of 165.75%. As a group, “Insurance agents, brokers, & service” companies have a potential upside of 3.74%. Given Health Insurance Innovations’ stronger consensus rating and higher probable upside, equities research analysts clearly believe Health Insurance Innovations is more favorable than its peers.
Valuation and Earnings
This table compares Health Insurance Innovations and its peers revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Health Insurance Innovations||$351.10 million||$12.99 million||12.91|
|Health Insurance Innovations Competitors||$13.74 billion||$1.05 billion||37.35|
Health Insurance Innovations’ peers have higher revenue and earnings than Health Insurance Innovations. Health Insurance Innovations is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Insider & Institutional Ownership
99.5% of Health Insurance Innovations shares are held by institutional investors. Comparatively, 64.9% of shares of all “Insurance agents, brokers, & service” companies are held by institutional investors. 47.9% of Health Insurance Innovations shares are held by company insiders. Comparatively, 26.0% of shares of all “Insurance agents, brokers, & service” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
This table compares Health Insurance Innovations and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Health Insurance Innovations||4.49%||28.34%||14.41%|
|Health Insurance Innovations Competitors||7.20%||18.51%||9.08%|
Health Insurance Innovations beats its peers on 9 of the 13 factors compared.
Health Insurance Innovations Company Profile
Health Insurance Innovations, Inc. operates as a cloud-based technology platform and distributor of individual and family health insurance plans, and supplemental products in the United States. It offers short-term medical plans that provide 3 months to 12 months of health insurance coverage with various deductible and copay levels; health benefit insurance plans, which offer fixed cash benefits and additional benefits for procedures and services; and supplemental insurance products, including life insurance policies, dental plans, vision plans, cancer/critical illness plans, deductible and gap protection plans, and pharmacy benefit cards. The company offers individual and family health insurance plans, and supplemental products in concert with insurance carriers and discount benefit providers; and markets them to individuals through a network of distributors. Health Insurance Innovations, Inc. was founded in 2008 and is based in Tampa, Florida.
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