Zacks Small Cap Predicts Health In Tech FY2025 Earnings

Health In Tech, Inc. (NASDAQ:HIT) – Stock analysts at Zacks Small Cap reduced their FY2025 earnings per share estimates for shares of Health In Tech in a research note issued on Wednesday, November 12th. Zacks Small Cap analyst M. Marin now forecasts that the company will post earnings of $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.

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

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

Health In Tech Stock Down 1.6%

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cubist Systematic Strategies LLC bought a new stake in shares of Health In Tech during the 1st quarter valued at $41,000. Arete Wealth Advisors LLC purchased a new position in shares of Health In Tech in the 1st quarter worth about $47,000. Jane Street Group LLC purchased a new position in shares of Health In Tech during the first quarter worth approximately $48,000. Finally, XTX Topco Ltd purchased a new stake in Health In Tech during the first quarter valued at about $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.