Accolade Inc. (ACCD): Is it worth Buying?


Accolade Inc. (NASDAQ:ACCD) changes shares on Tuesday trading session, with a change of 4.69% or $1.55 shares. The trading starts at $32.78 and closed at $33.03 throughout the day. The trading session low price was $32.45 and day high was $35.8465 on Tuesday, August 04. After the session, the Healthcare sector daily volume shifted to 0.21 million while its average volume is 855.72K. In other hand, the ACCD market cap reached to $1.69B. While, its current target price is $37.50.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 2.70% and up 15.27% for month. ACCD performance rise 16.43% for year-to-date. Current recommendation for Accolade Inc. is 1.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. ACCD EPS (TTM) for 12-month is -2.43. EPS for this year is 7.80%, while for the next year its value is -0.59. Its EPS Q/Q reached 3.40%.

Let’s take a look on the analyst recommendations on ACCD for the current month and previous month. For the current month, 5 of 8 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 2 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $34.00 – $45.00. Average target price for ACCD was reached at $38.57.

The insider ownership moved to 1.50%.

The company posted an EPS (TTM) of -2.43. According to the most recent quarter report on (May 2020), 4 analysts estimated an average EPS of -0.4. Analyst Estimated EPS for ACCD published in the report was -$0.47 – -$0.33 during the same period.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for ACCD rise 5.36% for period of 200 days. SMA for 50 days was 5.36% which is showing green signal, while SMA-20 was 4.42%.