“Mixed?” Vista Partners Weekly Market Update 5-5-18

Vista Partners has published “Mixed?” Vista Partners Weekly Market Update 5-5-18 and is accessible on our Newsletters Page. Each issue is written by Managing Director, John Heerdink and speaks to the activities of the market, influencers and specific featured stories from Vista’s Coverage Universe that spans the Dow 30, International and Select Emerging Growth Companies & Now “Investor Picks”, where we have begun to selectively add those companies/ideas that we are receiving from our brilliant & growing worldly followers that include, tenured heads of industry, innovators, experts of all kinds, board members, buy-side and sell-side analysts, portfolio managers, family office heads, and active investors across all sectors.

Each weekly update issue is sent out via email directly to the thousands of investors around the world that have elected to be updated each week. Please “Join us” Today!

 

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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HIIQ Beats Earnings Estimates – Cantor Fitzgerald Reaffirms Buy Rating & $60 Target Price

Health Insurance Innovations, Inc. (HIIQ), a leading cloud-based technology platform and distributor of affordable individual and family health insurance and supplemental plans, announced financial results for the first quarter ended March 31, 2018 today. The Company reaffirmed its annual guidance of revenue for 2018 to be between $290M and $300M or grow approximately 15% to 20% year-over-year, adjusted EBITDA to be between $54M and $57M or grow approximately 20% to 25% YOY and adjusted EPS to be between $2.45 and $2.55 or grow approximately 48% to 55%YOY.  These guidance numbers are based on the Company’s current method of accounting for revenue.  As an emerging growth company, it will be adopting the revised revenue recognition standard, known as ASC 606, in the fourth quarter of 2018.

Gavin Southwell, HIIQ’s Chief Executive Officer and President stated, “Following a Q4 of 2017 that exceeded all expectations due to the shortened open enrollment period, the first quarter of 2018 has performed as expected, and we have record policies in force coupled with an outstanding compliance performance. As our market continues to evolve our first quarter provides an excellent foundation for the launch of our next generation of technology and the rest of 2018.”

HIIQ Reported These Q1 2018 Financial Highlights

  • Revenue was $67.8M, compared to $55.9M in the first quarter of 2017, an increase of 21.3%.
  • Total collections from members (premium equivalents) of $105M compared to $90.9M in the first quarter of 2017, an increase of 15.5%.
  • Net income was $6M, compared to $8.5M in the first quarter of 2017, a decrease of 29.4%. Drivers include higher stock-based compensation in the first quarter of 2018 and a one-time tax benefit in the first quarter of 2017.
  • Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) was $11.9M, compared to $9.7M in the first quarter of 2017, an increase of 22.7%.
  • GAAP diluted earnings per share were $0.33, compared to $0.58 in the first quarter of 2017, a decrease of 43.1%. Drivers are consistent with the change in net income.
  • Record adjusted earnings per share also referred to as adjusted net income per share, or adjusted EPS was $.52 compared to $.36 in the first quarter of 2017, an increase of 44.4%.
  • Record policies in force as of March 31, 2018, totaled approximately 383,200, compared to 345,000 in the first quarter of 2017, an increase of 11.1%.

The investment bank Cantor Fitzgerald issued and update report post HIIQ posting results and manintained their overweight buy rating and their price target of $60/share.

HIIQ shares closed at $27.65/share.

To learn more about HIIQ and to track its ongoing progress please visit the Vista Partners HIIQ Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
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Health Insurance Innovations, Inc. Reports First Quarter 2018 Financial and Operating Results

Revenues of $67.8 million, up 21.3% YOY Record Policies in Force totaled approximately 383,200, up 11.1% YOY GAAP Diluted Earnings per Share of $0.33, down 43.1% YOY Record Adjusted Earnings per Share …..

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“Allot To Do About Nothing Or Not?” Vista Partners Weekly Market Update 4-28-18

Vista Partners has published “Allot To Do About Nothing Or Not?” Vista Partners Weekly Market Update 4-28-18 and is accessible on our Newsletters Page. Each issue is written by Managing Director, John Heerdink and speaks to the activities of the market, influencers and specific featured stories from Vista’s Coverage Universe that spans the Dow 30, International and Select Emerging Growth Companies & Now “Investor Picks”, where we have begun to selectively add those companies/ideas that we are receiving from our brilliant & growing worldly followers that include, tenured heads of industry, innovators, experts of all kinds, board members, buy-side and sell-side analysts, portfolio managers, family office heads, and active investors across all sectors.

Each weekly update issue is sent out via email directly to the thousands of investors around the world that have elected to be updated each week. Please “Join us” Today!

 

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.




Schedule Set For HIIQ To Announce Q1 Earnings After Market Closes Wed., May 2

A leading cloud-based technology platform and distributor of affordable health plans, Health Insurance Innovations, Inc. (HIIQ),  is scheduled to announce its Q1 2018 earnings after the market close Wednesday, May 2, 2018.

HIIQ will host an earnings conference call on Thursday, May 3, 2018, at 8:30 a.m. Eastern time. The dial-in numbers are: (877) 407-9039 (domestic), (201) 689-8470 (international). The conference passcode is 13679140. This call will be webcast and can be accessed using the conference passcode 13679140, on the Investor Relations section of the company’s website at http://investor.hiiquote.com/. The online replay will be available for a limited time beginning immediately following the call.

Post last quarters results, HIIQ announced that it expects annual revenue for 2018 to be between $290 million and $300 million or grow approximately 15% to 20% year-over-year, adjusted EBITDA to be between $54 million and $57 million or grow approximately 20% to 25% year-over-year and adjusted EPS to be between $2.45 and $2.55 or grow approximately 48% to 55% year-over-year. These guidance numbers were based on the Company’s current method of accounting for revenue.

To learn more about HIIQ and to track its ongoing progress please visit the Vista Partners HIIQ Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
Stay Informed! Stay Competitive!
Join us at Vista Partners! It’s FREE to receive email updates.

Health Insurance Innovations, Inc. to Announce First Quarter 2018 Financial and Operating Results on Wednesday, May 2, 2018

TAMPA, Fla., April 24, 2018– Health Insurance Innovations, Inc., a leading cloud-based technology platform and distributor of affordable health plans, will announce its first quarter 2018 financial and …..

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Learn More About The AACR Annual Meeting 2018: “Driving Innovative Cancer Science to Patient Care”

The mission of the American Association for Cancer Research (AACR) is to prevent and cure cancer through research, education, communication, and collaboration. Through its programs and services, the AACR fosters research in cancer and related biomedical science; accelerates the dissemination of new research findings among scientists and others dedicated to the conquest of cancer; promotes science education and training; and advances the understanding of cancer etiology, prevention, diagnosis, and treatment throughout the world.

The AACR is the oldest and largest scientific organization in the world focused on every aspect of high-quality, innovative cancer research. Its reputation for scientific breadth and excellence attract the premier researchers in the field. The programs and services of the AACR foster the exchange of knowledge and new ideas among scientists dedicated to cancer research, provide training opportunities for the next generation of cancer researchers and increase public understanding of cancer.

Currently, AACR is holding its AACR Annual Meeting for 2018 in Chicago, Illinois (April 14-18, 2018). This event is one of the main international oncology events highlighting the best cancer science and medicine from institutions all over the world. This years’ Annual Meeting is called “Driving Innovative Cancer Science to Patient Care.” Scientists are harnessing the power of mathematics, engineering, and artificial intelligence to diagnose cancer at an earlier stage. They are also concentrating their efforts on cancer in minorities and the medically underserved, working to eliminate the persistent disparities in cancer outcomes. All of these developments are reflected in the theme.

Four companies under coverage at Vista Partners that have businesses with concerns that relate directly or indirectly to cancer are as follows: Atossa Genetics (ATOS),  Health Insurance Innovations (HIIQ), Johnson & Johnson (JNJ), Merck (MRK) & Pfizer (PFE). Please visit our Coverage section to learn more today.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

 




Have You read “Let’s Dance?” Vista Partners Weekly Market Update 3-24-18

Vista Partners has published “Let’s Dance?” Vista Partners Weekly Market Update 3-24-18   and is accessible on our Newsletters Page. Each issue is written by Managing Director, John Heerdink and speaks to the activities of the market, influencers and specific featured stories from Vista’s Coverage Universe that spans the Dow 30, International and Select Emerging Growth Companies.

Each weekly update issue is sent out via email directly to the thousands of investors around the world that have elected to be updated each week. Please “Join us” Today!

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Happy St. Patty’s Day Weekend! “Lucky Charms For You?” Vista Partners Weekly Market Update 3-17-18 Now Available!

Vista Partners has published “Lucky Charms For You?” Vista Partners Weekly Market Update 3-17-18   and is accessible on our Newsletters Page. Each issue is written by Managing Director, John Heerdink and speaks to the activities of the market, influencers and specific featured stories from Vista’s Coverage Universe that spans the Dow 30, International and Select Emerging Growth Companies.

Each weekly update issue is sent out via email directly to the thousands of investors around the world that have elected to be updated each week. Please “Join us” Today!

Stay Informed! Stay Competitive! It’s FREE & EASY to sign up.




Have You Read “In The Green, Again?” Vista Partners Weekly Market Update 3-10-18

Vista Partners has published “In The Green, Again?” Vista Partners Weekly Market Update 3-10-18  and is accessible on our Newsletters Page. Each issue is written by Managing Director, John Heerdink and speaks to the activities of the market, influencers and specific featured stories from Vista’s Coverage Universe that spans the Dow 30 and Select Emerging Growth Companies.

Each weekly update issue is sent out via email directly to the thousands of investors around the world that have elected to be updated each week. Please “Join us” Today!

Stay Informed! Stay Competitive! It’s FREE & EASY to sign up.




HIIQ Heading To Roth Capital Growth Stock Conference in Dana Point, California March 13th

Health Insurance Innovations, Inc. (NasdaqGM: HIIQ) is a market leading cloud-based technology platform and distributor of innovative health insurance products that are affordable and meet the needs of health insurance plan shoppers. HIIQ helps develop insurance products through their relationships with best-in-class insurance companies and markets them via its broad distribution network of licensed insurance agents across the nation, its call center network and its unique online capability. HIIQ’s Consumer Division includes AgileHealthInsurance.com, a website for researching, comparing and purchasing short-term health insurance products online and HealthPocket.com, a free website that compares and ranks all health insurance plans and uses objective data to publish unbiased health insurance market analyses and other consumer advocacy research.

HIIQ announced this week that it will present at the 30th Annual Roth Capital Growth Stock Conference in Dana Point, California.  The presentation is scheduled for Tuesday, March 13, 2018, at 11:00 a.m. PDT.

Recently, HIIQ announced that it expects annual revenue for 2018 to be between $290 million and $300 million or grow approximately 15% to 20% year-over-year, adjusted EBITDA to be between $54 million and $57 million or grow approximately 20% to 25% year-over-year and adjusted EPS to be between $2.45 and $2.55 or grow approximately 48% to 55% year-over-year. These guidance numbers are based on the Company’s current method of accounting for revenue. As an emerging growth company, it will be adopting the revised revenue recognition standard, known as ASC 606, in the fourth quarter of 2018.

To learn more about HIIQ and to track its ongoing progress please visit the Vista Partners HIIQ Coverage Page.

Health Insurance Innovations, Inc. To Present at the 30th Annual Roth Capital Growth Stock Conference on March 13, 2018

TAMPA, Fla., March 07, 2018– Health Insurance Innovations, Inc., a leading cloud-based technology platform and distributor of affordable health plans, today announced that it will present at the 30th …..

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New Fed Chair Jerome Powell Cools Overheating Talk & Confirms Gradual Approach

Jerome Hayden Powell is an American former investment banker, who is the current Chair of the Federal Reserve. He was nominated to the position by President Donald Trump and confirmed by the United States Senate. Based on public filings, Powell’s net worth is estimated to be as much as $112 million making him the richest member of the Federal Reserve Board of Governors.

Powell, during a Senate Banking Committee hearing in Washington, D.C., U.S., on Thursday, March 1, 2018, stated the following:

“By continuing to gradually raise interest rates over time we are trying to … achieve inflation moving up to target, but also make sure that the economy doesn’t overheat.”

“There is no evidence that the economy is currently overheating.”

“I will be honest. I would have thought you would have seen more wage increases by this point.”

“We’ve got an economy with strong momentum. … I do think you will begin to see wages coming up.”

These statements seemed to catch the market off-guard today as the Dow 30 sold off 420.22 points into the close off -1.68% for the day as it closed at 24,608.98.

Recently, Vista Partners (“Vista”) published February’s FREE Macroeconomic & Investment Monthly Newsletter, “Clear Skies Ahead?” Vista’s monthly newsletter contains investment considerations for Banks,Biotech, Cloud Services, Energy, Fintech, Healthcare, Manufacturing, Materials, Real Estate, SaaS, and Technology. Vista Partners centers its Coverage on the Dow 30 Components, Select Emerging Growth Companies & Vista’s Featured Companies, with exclusive, broad-based commentary from Managing Director, John F. Heerdink, Jr.

In February’s edition of the Macroeconomic & Investment Newsletter, Mr. Heerdink states, “For anyone holding long-term Treasuries, this could be a nightmare. If we see a move….” Read full newsletter.

Companies Featured in February’s Newsletter: Apple (AAPL), Atossa Genetics, Inc. (NASDAQ: ATOS) | Caterpillar (CAT) | Disney (DIS) | Fusion, Inc. (NASDAQ: FSNN) | & General Mills (GIS).

Vista Partners publishes 100% of its content free. Vista Partners offers a wealth of mixed-media resources on the Dow 30 & Select Emerging Growth Companies. To receive FREE email updates from Vista’s select & extensive coverage universe, please sign up at VistaPGlobal.com/signup.

 

Powell Plays Down Overheating Risk While Asserting Gradual Path

Federal Reserve Chairman Jerome Powell pushed back against the notion that the U.S. economy is close to overheating, as he fine-tuned the message on his outlook while reinforcing his commitment to a gradual …..

finance.yahoo.com

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