Health In Tech Q3 EPS Forecast Decreased by Zacks Research

Health In Tech, Inc. (NASDAQ:HIT) – Research analysts at Zacks Research lowered their Q3 2026 earnings estimates for shares of Health In Tech in a research report issued to clients and investors on Monday, May 18th. Zacks Research analyst M. Marin now expects that the company will earn $0.00 per share for the quarter, down from their previous forecast of $0.03. Zacks Research also issued estimates for Health In Tech’s Q4 2026 earnings at $0.00 EPS and FY2027 earnings at $0.10 EPS.

Health In Tech (NASDAQ:HIT) last announced its quarterly earnings results on Wednesday, May 13th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.01. The business had revenue of $8.77 million for the quarter.

HIT has been the subject of several other reports. Wall Street Zen downgraded shares of Health In Tech from a “hold” rating to a “sell” rating in a report on Saturday, April 25th. Craig Hallum initiated coverage on shares of Health In Tech in a report on Monday, April 20th. They set a “buy” rating and a $4.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Health In Tech in a report on Thursday, April 2nd. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Health In Tech presently has an average rating of “Buy” and an average price target of $3.25.

Health In Tech Trading Down 4.3%

NASDAQ HIT opened at $1.01 on Wednesday. The company has a fifty day simple moving average of $1.54 and a 200 day simple moving average of $1.51. The company has a market cap of $60.26 million, a P/E ratio of -50.25 and a beta of 3.67. Health In Tech has a 1 year low of $0.56 and a 1 year high of $4.02.

Institutional Trading of Health In Tech

Several large investors have recently modified their holdings of the company. Geode Capital Management LLC boosted its holdings in shares of Health In Tech by 46.6% during the 4th quarter. Geode Capital Management LLC now owns 170,502 shares of the company’s stock worth $271,000 after buying an additional 54,217 shares during the period. Renaissance Technologies LLC bought a new stake in Health In Tech in the 4th quarter valued at $214,000. XTX Topco Ltd bought a new stake in Health In Tech in the 4th quarter valued at $203,000. Ancora Advisors LLC bought a new stake in Health In Tech in the 3rd quarter valued at $389,000. Finally, Two Sigma Investments LP bought a new stake in Health In Tech in the 3rd quarter valued at $386,000.

Health In Tech Company Profile

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.