Is Cue Health Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: HLTH) stock is to Buy HLTH stock.
Out of 2 analysts, 1 (50%) are recommending HLTH as a Strong Buy, 0 (0%) are recommending HLTH as a Buy, 1 (50%) are recommending HLTH as a Hold, 0 (0%) are recommending HLTH as a Sell, and 0 (0%) are recommending HLTH as a Strong Sell.
What is HLTH's forecast return on equity (ROE) for 2023-2024?
(NASDAQ: HLTH) forecast ROE is -52.29%, which is considered weak.
What is HLTH's Price Target?
According to 2 Wall Street analysts that have issued a 1 year HLTH price target, the average HLTH price target is $1.88, with the highest HLTH stock price forecast at $3.00 and the lowest HLTH stock price forecast at $0.75.
On average, Wall Street analysts predict that Cue Health's share price could reach $1.88 by Jun 2, 2024. The average Cue Health stock price prediction forecasts a potential upside of 212.5% from the current HLTH share price of $0.60.
What is HLTH's forecast return on assets (ROA) for 2023-2024?
(NASDAQ: HLTH) forecast ROA is -42.6%, which is lower than the forecast US Health Information Services industry average of 4.83%.
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