Accolade (ACCD) to Release Earnings on Thursday

Accolade (NASDAQ:ACCD) will release its earnings data after the market closes on Thursday, April 25th. Analysts expect Accolade to post earnings of ($0.11) per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Accolade Stock Performance

NASDAQ:ACCD opened at $9.21 on Tuesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.35 and a current ratio of 2.35. Accolade has a 52-week low of $6.33 and a 52-week high of $17.00. The firm has a market cap of $712.95 million, a price-to-earnings ratio of -5.58 and a beta of 2.08. The business’s fifty day moving average is $9.97 and its 200 day moving average is $9.92.

Analysts Set New Price Targets

Several research firms recently commented on ACCD. Truist Financial boosted their target price on Accolade from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Tuesday, January 9th. Wells Fargo & Company upped their price objective on Accolade from $10.00 to $12.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 9th. Leerink Partnrs reiterated an “outperform” rating on shares of Accolade in a report on Monday, February 26th. Needham & Company LLC reissued a “buy” rating and issued a $17.00 target price on shares of Accolade in a research note on Friday, January 19th. Finally, Stifel Nicolaus lowered their target price on Accolade from $15.00 to $13.00 and set a “buy” rating for the company in a research note on Monday. Four research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, Accolade has an average rating of “Moderate Buy” and a consensus target price of $15.53.

About Accolade

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.