FY2025 EPS Estimates for Health In Tech Reduced by Analyst

Health In Tech, Inc. (NASDAQ:HIT) – Zacks Small Cap reduced their FY2025 earnings per share (EPS) estimates for Health In Tech in a research note issued on Wednesday, November 12th. Zacks Small Cap analyst M. Marin now expects that the company will earn $0.01 per share for the year, down from their previous estimate of $0.02. Zacks Small Cap also issued estimates for Health In Tech’s Q4 2025 earnings at ($0.01) EPS and FY2026 earnings at $0.00 EPS.

A number of other brokerages also recently issued reports on HIT. Wall Street Zen downgraded shares of Health In Tech from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Health In Tech in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $2.50.

Health In Tech Trading Down 1.6%

HIT traded down $0.03 during midday trading on Thursday, reaching $1.80. The company’s stock had a trading volume of 105,299 shares, compared to its average volume of 1,062,843. Health In Tech has a 1 year low of $0.51 and a 1 year high of $7.59. The stock’s 50-day moving average is $3.05 and its 200-day moving average is $1.97. The firm has a market capitalization of $101.50 million and a price-to-earnings ratio of 90.00.

Health In Tech (NASDAQ:HIT) last posted its quarterly earnings results on Wednesday, November 12th. The company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. The company had revenue of $15.59 million during the quarter, compared to the consensus estimate of $7.05 million.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Jane Street Group LLC acquired a new position in shares of Health In Tech in the first quarter valued at approximately $48,000. Arete Wealth Advisors LLC purchased a new position in shares of Health In Tech in the 1st quarter valued at $47,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Health In Tech in the first quarter valued at about $41,000. Finally, XTX Topco Ltd purchased a new position in shares of Health In Tech in the first quarter valued at $59,000.

About Health In Tech

Health in Tech, Inc engages in the provision of insurance technology platforms which offer a marketplace of processes in the healthcare industry. Its services include Stone Mountain Risk, eDIYBS, HI Card, HI Performance Network, and Ancillary Products. The company was founded by Tim Johnson in 2014 and is headquartered in Stuart, FL.