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NASDAQ:ACCD

Accolade (ACCD) Stock Price, News & Analysis

$4.03
-0.18 (-4.28%)
(As of 09/6/2024 ET)
Today's Range
$4.00
$4.26
50-Day Range
$3.40
$4.42
52-Week Range
$3.35
$15.36
Volume
1.79 million shs
Average Volume
1.02 million shs
Market Capitalization
$322.43 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.65

Accolade MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
189.2% Upside
$11.65 Price Target
Short Interest
Healthy
4.82% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.89
Upright™ Environmental Score
News Sentiment
-0.21mentions of Accolade in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$114,631 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.11) to ($0.99) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.70 out of 5 stars

Business Services Sector

22nd out of 303 stocks

Business Services, Not Elsewhere Classified Industry

8th out of 91 stocks

ACCD stock logo

About Accolade Stock (NASDAQ:ACCD)

Accolade, Inc., together with its subsidiaries, engages in the development and provision of personalized and technology-enabled solutions that help people to understand, navigate, and utilize the healthcare system and their workplace benefits in the United States. The company offers a platform with cloud-based technology and multimodal support from a team of health assistants and clinicians, including registered nurses, physician medical directors, pharmacists, behavioral health specialists, women's health specialists, case management specialists, expert medical opinion providers, and virtual primary care physicians. It also provides medical opinion and decision support services; and technology and administrative services to the medical practice PCs providing virtual primary care services. The company serves employers who provide their employees and their employees' families a single place to turn for their health, healthcare, and benefits needs. Accolade, Inc. was incorporated in 2007 and is headquartered in Seattle, Washington.

ACCD Stock Price History

ACCD Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Accolade: Mixed Guidance (Rating Downgrade)
See More Headlines
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Company Calendar

Last Earnings
6/27/2024
Today
9/07/2024
Next Earnings (Estimated)
10/02/2024
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Business Services
Current Symbol
NASDAQ:ACCD
Fax
N/A
Employees
2,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.65
High Stock Price Target
$18.00
Low Stock Price Target
$5.50
Potential Upside/Downside
+189.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
15 Analysts

Profitability

Net Income
$-99,810,000.00
Pretax Margin
-20.28%

Debt

Sales & Book Value

Annual Sales
$431.53 million
Book Value
$5.75 per share

Miscellaneous

Free Float
73,447,000
Market Cap
$322.43 million
Optionable
Optionable
Beta
2.00
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Key Executives

  • Mr. Rajeev Singh (Age 56)
    Chairman of the Board & CEO
    Comp: $778.5k
  • Mr. Robert Cavanaugh (Age 55)
    President
    Comp: $582.63k
  • Mr. Stephen H. Barnes CPA (Age 52)
    CFO & Treasurer
    Comp: $557.5k
  • Ms. Kristen Bruzek
    Senior Vice President of Operations
  • Mr. Colin McHugh (Age 45)
    Chief Accounting Officer
  • Mr. Todd Friedman
    Senior Vice President of Investor Relations
  • Mr. Richard Eskew (Age 49)
    Executive VP, General Counsel, CCO & Secretary
  • Ms. Kelsi McDonald Harris
    Chief People Officer & Senior Vice President
  • Mr. Drew Garner
    Executive Vice President of Engineering
  • Dr. Shantanu Nundy M.B.A.
    M.D., Executive VP of Care Delivery, Chief Health Officer & Member of the Medical Advisory Board

ACCD Stock Analysis - Frequently Asked Questions

How have ACCD shares performed this year?

Accolade's stock was trading at $12.01 on January 1st, 2024. Since then, ACCD shares have decreased by 66.4% and is now trading at $4.03.
View the best growth stocks for 2024 here
.

How were Accolade's earnings last quarter?

Accolade, Inc. (NASDAQ:ACCD) released its quarterly earnings data on Thursday, June, 27th. The company reported ($0.35) earnings per share for the quarter, topping analysts' consensus estimates of ($0.48) by $0.13. The business's revenue was up 18.6% compared to the same quarter last year.

What is Rajeev Singh's approval rating as Accolade's CEO?

152 employees have rated Accolade Chief Executive Officer Rajeev Singh on Glassdoor.com. Rajeev Singh has an approval rating of 74% among the company's employees.

When did Accolade IPO?

Accolade (ACCD) raised $176 million in an initial public offering (IPO) on Thursday, July 2nd 2020. The company issued 8,800,000 shares at $19.00-$21.00 per share. Goldman Sachs, Morgan Stanley and BofA Securities acted as the underwriters for the IPO and Piper Sandler, Credit Suisse, William Blair, Baird and SVB Leerink were co-managers.

Who are Accolade's major shareholders?

Top institutional shareholders of Accolade include ARK Investment Management LLC (7.05%), Millennium Management LLC (3.28%), Sumitomo Mitsui Trust Holdings Inc. (2.51%) and Dimensional Fund Advisors LP (2.07%). Insiders that own company stock include Stephen H Barnes, Robert N Cavanaugh, Michael W Hilton, Colin Mchugh and Richard Eskew.
View institutional ownership trends
.

How do I buy shares of Accolade?

Shares of ACCD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Accolade own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Accolade investors own include CVS Health (CVS), Johnson & Johnson (JNJ), RTX (RTX), Alibaba Group (BABA), Home Depot (HD) and Procter & Gamble (PG).

This page (NASDAQ:ACCD) was last updated on 9/7/2024 by MarketBeat.com Staff

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