Health Insurance Innovations (NASDAQ: HIIQ) is one of 19 publicly-traded companies in the “Insurance agents, brokers, & service” industry, but how does it weigh in compared to its peers? We will compare Health Insurance Innovations to similar businesses based on the strength of its earnings, risk, analyst recommendations, valuation, institutional ownership, profitability and dividends.
Volatility & Risk
Health Insurance Innovations has a beta of 1.79, meaning that its share price is 79% more volatile than the S&P 500. Comparatively, Health Insurance Innovations’ peers have a beta of 0.85, meaning that their average share price is 15% less volatile than the S&P 500.
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||15.95|
|Health Insurance Innovations Competitors||$13.74 billion||$1.13 billion||34.14|
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 and Institutional Ownership
59.6% of shares of all “Insurance agents, brokers, & service” companies are owned by institutional investors. 55.9% of Health Insurance Innovations shares are owned by company insiders. Comparatively, 20.3% of shares of all “Insurance agents, brokers, & service” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
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||7.10%||18.06%||9.00%|
This is a breakdown of recent ratings and recommmendations for Health Insurance Innovations and its peers, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Health Insurance Innovations||0||0||6||1||3.14|
|Health Insurance Innovations Competitors||184||676||765||39||2.40|
Health Insurance Innovations currently has a consensus target price of $61.71, indicating a potential upside of 110.34%. As a group, “Insurance agents, brokers, & service” companies have a potential upside of 3.59%. Given Health Insurance Innovations’ stronger consensus rating and higher probable upside, analysts clearly believe Health Insurance Innovations is more favorable than its peers.
Health Insurance Innovations beats its peers on 8 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 three months of health insurance coverage with various deductible and copay levels; health benefit insurance plans, which offer daily cash benefit for hospital treatment and doctor office visits, as well as accidental injury and death or dismemberment benefits; and supplemental insurance products, including pharmacy benefit cards, dental plans, vision plans, cancer/critical illness plans, deductible and gap protection plans, and life insurance policies. The company designs and structures 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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