$HIMS | Direction: Long | Key Reason: Macro | (June 19, 2025)

 HIMS | Direction: Long | Key Reason: Macro & Technical | (June 19, 2025)

1️⃣ Insight Summary
We’re watching for a healthy pullback into the $31–$30.10 zone on HIMS before entering. That drop should align with both fundamental value and technical support, setting the stage for a strong bounce.

2️⃣ Trade Parameters
Bias: Long
Entry: Around $31.00–$30.10
Stop Loss: Below $21.00, with a hard stop at $19.00 if price breaks structure
Take Profit 1: $44.00
Take Profit 2: $59.71

3️⃣ Key Notes
✅ Fundamentals are solid: Revenue ~1.48B, net income ~200M, market cap ~113B. 2024 marked the first profitable year. Debt sits @ $11M, while free cash flow is ~$1.098B—low debt relative to cash flow.
✅ Ratings & margins: ~14% free cash margin, realistic forward estimates, stable beta (~3.2) and 0.15 EPS.
✅ Risk/Reward profile: Entry gives ~10–11 points of downside vs. ~13–29 points upside to targets.
✅ Technical scenario: A pullback to $30–31 acting as support would confirm our bias—monitor price action closely in this zone.
✅ Sector tailwinds: Continued momentum in telehealth, mental health, and AI-driven medical services supports upside potential.

4️⃣ Follow‑up Note
If HIMS drops into our entry zone and shows a solid bounce or structure retest, we’ll confirm the long setup. From there, our targets at $44 and $59.71 come into clearer focus.

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Disclaimer: This is not financial advice. Always conduct your own research. This content may include enhancements made using AI.