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Yahoo
4 days ago
- Business
- Yahoo
Hinge Health: Why this analyst is bullish on the stock
Wall Street analysts began to initiate coverage of Hinge Health (HNGE), which went public back on May 22. One of the analysts making a call on the stock was KeyBanc Capital Markets equity research analyst Scott Schoenhaus, who gave it an Overweight rating. He explains why in the video above. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. So, Hinge is an app-based platform. The provider, the therapist, is the app themselves. Very much different from, like, a third party, like Teledoc, that was supposed to be an intermediary. So yes, you're correct in comparing it to that the the device itself is the provider. How it's differentiated from a Mirror, for example, is that you actually have real physical therapists guiding you, and there's an AI technology that is measuring a hundred points on your body and actively telling you and encouraging how to do the certain exercises or sessions in a very advanced technology. And then they also send out these devices that help you that stimulate your nerves to help you ease the pain if you're in really chronic pain and can't complete exercises. So, I would say it's a little more technologically advanced, the providers actually a physical therapist, they're leveraging more and more AI to, you know, have leverage these physical therapists or care team members to an actual member, and that's led to, you know, really strong gross margins above 80%. Um, so it's a really, really, um, you know, technology first platform. Who would you consider their competitors, Scott? And what is their competitive advantage? Yeah, the two main competitors are really Sword and Kaia. Um, they're offering sort of digital MSK solutions. MSK? Musculoskeletal? Musculoskeletal, yes. So anything to do with your muscles, skeletons, joints, which is the largest spending in healthcare for America outspends diabetes and cardiovascular. So huge market. But those solutions, for example, send you a tablet. It's not on your phone. They don't have the technology, the 3D technology like we talked about to measure the hundred points on your body. They don't have these Enzo devices. They are not in network with all these health plans in the way that Hinge has done over the last several years, which I think is a really strong competitive moat, that these health plans actually want to use the platform. So they're really seeing, you know, hard dollar ROI. This is something we highlighted in our report this morning. You know, just looking at PT, in-person PT, not even going down the route of back surgeries, which could be very expensive. A PT session is usually $120 per session. You're usually supposed to go two times a week over eight weeks. That can get to almost $2,000. The Hinge cost to your employer is somewhere between $900 and $1,000 per year. Well, I was going to say, though, I mean, when you talk about competition, isn't the biggest competition going to a physical therapist, right? I mean, so how do does something like Hinge Health convince more people to, because as you say, part of it, I guess, is is convincing the employee health employer health plan. There, from a cost perspective, it's probably an easy sell. But if I'm an individual, and I want that, you know, in in person effect, that might be tougher. Yeah. So as someone who actually had has had physical therapy, in-person physical therapy, um I know the struggle of initiating getting someone that's in your network. And then if you have a high deductible plan, you are paying that deductible right at the, you know, your first several appointments could be thousands of dollars. Um, Hinge is really a user-friendly, no cost to the actual user, the employee. Your employer pays all the cost. It's they send you um a, you know, all the technology equipment that you need to like put your phone up, a mat, they send you this Enzo device that we talked about. Um, so they are trying to get people engaged on the platform in a very user-friendly and seamless way that avoids all the, you know, the the pains of going to an in-person physical therapist. You have to take off time. I mean, it's it can be a cumbersome process just to even find a physical therapist that's in your network that will be covered by your insurance provider.
Yahoo
4 days ago
- Business
- Yahoo
Hinge Health: Why this analyst is bullish on the stock
Wall Street analysts began to initiate coverage of Hinge Health (HNGE), which went public back on May 22. One of the analysts making a call on the stock was KeyBanc Capital Markets equity research analyst Scott Schoenhaus, who gave it an Overweight rating. He explains why in the video above. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
13-06-2025
- Business
- CNBC
Buy this thermal management stock that's benefiting from the data center buildout, says KeyBanc
Modine Manufacturing has an opportunity to capitalize on the enormous data center buildout, according to KeyBanc Capital Markets. The investment bank initiated coverage of the thermal management stock with an overweight rating and a $125 per share price target, implying about 29% upside from Thursday's $97.07 close. Modine has lowered its exposure to the legacy automotive segment and is instead focusing on "high growth climate opportunities," namely data centers, according to analysts led by David Tarantino. KeyBanc said the Racine, Wisconsin-based manufacturer has an "attractive" position within the data center market, specifically in cooling power-hungry building housing racks of computers. Data centers are a key component behind artificial intelligence, as large language models and other AI programs require vast amounts of computing power. Modine's portfolio includes high efficiency bespoke cooling systems, Tarantino said. MOD YTD mountain Modine Manufacturing stock in 2025. The company's efforts to expand its data center business has underpinned Modine's recently improved earnings, according to Tarantino. The company forecast a compound annual growth rate of roughly 39% from fiscal year 2022 through 2026, he said. "Looking out, with the [data center] business on track to represent ~30% of sales in FY26E, we see MOD's Data Center business maintaining its uniquely robust organic growth momentum (up > +30% in FY26E; ~+48% organic CAGR from FY22-FY26E) as end market growth compounded by ramping cooling needs is further supported by ongoing meaningful capacity additions," Tarantino wrote. "As such, we view current levels as a compelling entry point given, and believe our $125 PT implying 15.6x more accurately values the data center business and compelling transformation runway," he added. Shares have pulled back 19% in 2025, but have rallied 23% in the second quarter.
Yahoo
24-05-2025
- Business
- Yahoo
KeyBanc Upgrades United Rentals (URI) to Overweight
On May 22, KeyBanc Capital Markets analyst Ken Newman upped United Rentals, Inc. (NYSE:URI)'s stock from 'Sector Weight' to 'Overweight', providing a price objective of $865.00. United Rentals, Inc. (NYSE:URI), which is an equipment rental company, has a large fleet size and diverse portfolio, which consists of high-value niche Specialty offerings. The analyst's favourable outlook on the company's stock is not because of immediate improvements in non-residential construction fundamentals or fleet dynamics. Rather, the analyst opines that the recent fall in its share price provides a favorable opportunity for investors to enter. Over the past 6 months, the company's stock has seen a decline of over ~17%. A construction crew working in the field with earthmoving equipment illuminated by a setting sun. United Rentals, Inc. (NYSE:URI) remains well-placed to withstand the current macroeconomic uncertainties and to benefit from expected market upturns, added Newman. As per the analyst, the company's significant business with larger National Accounts, thanks to its ongoing large-scale projects, can lead to stable rental revenue growth and better fleet dynamics in comparison to its main competitors. Overall, the analyst believes that despite the absence of a short-term boost, United Rentals, Inc. (NYSE:URI)'s strategic advantages and market positioning paint a favourable picture for its stock. While we acknowledge the potential of URI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than URI and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Dollar Tree Hikes Prices, KeyBanc Boosts EPS Estimates Amid Tariff Pressures
On May 20, Dollar Tree Inc. (NASDAQ:DLTR) made headlines after KeyBanc Capital Markets said that the company raised prices on several items from $1.25 to $2 in April. KeyBanc Capital Markets emphasized Dollar Tree's ability to adapt its inventory strategy in response to tariff-related challenges, either by eliminating specific products or sourcing from alternative suppliers. Although this flexibility has helped the retailer manage growing expenses, analysts warn that sustained tariff pressure may necessitate a review of its current financial projections. Stocks Although Dollar Tree Inc. (NASDAQ:DLTR) has already absorbed the impact of a 10% tariff, resulting in additional monthly costs between $10 million and $15 million, or an 8% to 12% wear on annual EPS, the retailer has not yet factored in the possibility of a 20% tariff, which could result in unmitigated costs of approximately $20 million per month. That said, investor sentiment seems to be positive in general, as Dollar Tree's pricing strategies, the projected net proceeds of about $800 million from the sale of Family Dollar, and the possibility of a stock re-rating following the divestment are all considered favorable. In addition, in light of Dollar Tree's better-than-expected first-quarter performance, KeyBanc has revised its 2025 EPS estimate for the company, increasing it from $4.55 to $4.65. While we acknowledge the potential of DLTR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DLTR and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
