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ACCD

8.61USD+0.42(+5.13%)Market Closed

Accolade, Inc.

Market Summary

USD8.61+0.42Market Closed
5.13%

ACCD Stock Price

RSI Chart

Valuation

Market Cap

784.0M

Price/Earnings

-1.88

Price/Sales

2.33

Price/Cashflow

-12.03

MarketCap/EBT

-1.84

Price/Sales

Profitability

EBT Margin

-127.01%

Return on Equity

-78.06%

Return on Assets

-44.18%

Fundamentals

Revenue

Revenue (TTM)

336.0M

Revenue Y/Y

43.68%

Revenue Q/Q

-8.78%

Earnings

Earnings (TTM)

-417.2M

Earnings Y/Y

-603.85%

Earnings Q/Q

-892.08%

Price Action

52 Week Range

4.6128.84
(Low)(High)

Last 7 days

-3.9%

Last 30 days

-20.6%

Last 90 days

-27.5%

Trailing 12 Months

-69.2%

Financial Health

Current Ratio

3.95

Investor Care

Shares Dilution (1Y)

7.77%

Diluted EPS (TTM)

-6.1

Peers (Alternatives to Accolade)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.4T
394.3B
1.25% -5.86%
24.17
6.12
7.79% 5.41%
1.8T
203.1B
0.42% -26.00%
25.2
8.66
15.22% 2.81%
1.3T
282.1B
-4.03% -32.66%
18.7
4.44
17.94% -5.14%
960.4B
502.2B
-21.44% -47.41%
84.82
1.91
9.66% -56.89%
MID-CAP
2.5B
8.6B
5.17% -44.70%
-5.69
0.31
76.30% -20.89%
SMALL-CAP
1.9B
628.4M
19.62% -64.00%
-4.08
3.1
64.35% -18.14%
1.9B
1.6B
5.20% 4.68%
12.45
1.23
81.91% 208.48%
1.5B
-
52.84% -69.88%
-0.54
1.95
-4.11% -144.36%
1.4B
40.0M
-19.32% -77.14%
-1.84
34.64
34.91% -55.12%
1.0B
247.8M
12.65% -20.17%
-17.78
4.46
23.41% -194.70%
1.0B
412.4M
20.79% -30.04%
-153.63
2.47
51.09% -102.33%
988.1M
439.7M
2.97% -82.78%
-2.97
2.13
-5.64% -199.38%
861.5M
1.2B
-0.55% -48.87%
2.31
0.73
7.66% 583.60%
551.2M
2.2M
19.19% -70.29%
-1.55
343.43
-72.60% -50.32%

Financials for Accolade

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue8.4%336310275230194
Operating Expenses117.1%579267223244169
  S&GA Expenses12.8%9887735741
Earnings Before Taxes-231.5%-426.80-128.76-102.88-145.27-85.41
Net Income-238.9%-417.24-123.12-93.29-132.39-85.40
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets-26.5%9441,2861,2631,270891
  Current Assets-7.7%378409408418453
    Cash Equivalents-8.3%336366366384326
  Net PPE0.6%1212121212
  Goodwill-51.9%278578580576214
Liabilities-4.6%410430475536454
  Current Liabilities-14.6%95112185249167
Shareholder's Equity-37.5%535856789734437
  Retained Earnings-69.3%-837.47-494.64-460.09-482.59-420.23
  Additional Paid-In Capital1.6%1,3721,3501,2491,216857
Shares Outstanding3.7%7067676659
Float-2,800----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-4.6%-65.20-62.35-49.67-40.52-44.53
  Share Based Compensation16.1%8573493416
Cashflow From Investing124.2%64-263.61-263.57-264.81-330.60
Cashflow From Financing-95.5%11258260467623

Risks

What is the probability of a big loss on ACCD?

79.4%


Probability that Accolade stock will be more than 20% underwater in next one year

72.2%


Probability that Accolade stock will be more than 30% underwater in next one year.

42.9%


Probability that Accolade stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ACCD drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Accolade was unfortunately bought at previous high price.

Returns

Cumulative Returns on ACCD

Which funds bought or sold ACCD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
301,000
856,000
-%
2022-11-16
Advisors Capital Management, LLC
ADDED
6.68
128,000
465,000
0.01%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-8,000
-
-%
2022-11-15
JANE STREET GROUP, LLC
ADDED
203.71
1,079,000
1,372,000
-%
2022-11-15
STATE STREET CORP
ADDED
8.33
6,780,000
16,873,000
-%
2022-11-15
Covington Capital Management
UNCHANGED
-
2,000
6,000
-%
2022-11-15
JANE STREET GROUP, LLC
NEW
-
133,000
133,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
UNCHANGED
-
302,000
858,000
-%
2022-11-15
BNP PARIBAS ARBITRAGE, SNC
NEW
-
732,228
732,228
-%

1–10 of 42

Latest Funds Activity

Are funds buying ACCD calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own ACCD

Accolade News

MarketBeat

Accolade, Inc. (NASDAQ:ACCD) Given Consensus Rating of "Moderate Buy" by Analysts.26 hours ago

ACCD Fair Value

Recent SEC filings of Accolade

View All Filings
Date Filed Form Type Document
Nov 18, 2022
4
Insider Trading
Nov 18, 2022
4
Insider Trading
Nov 18, 2022
4
Insider Trading
Nov 18, 2022
4
Insider Trading
Oct 18, 2022
4
Insider Trading
Oct 18, 2022
4
Insider Trading
Oct 18, 2022
4
Insider Trading
Oct 18, 2022
4
Insider Trading
Oct 06, 2022
8-K
Current Report
Oct 06, 2022
10-Q
Quarterly Report

Latest Insider Trading transactions for ACCD

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-17
SINGH RAJEEV
SOLD
-2,052.53
8.588
-239
Chief Executive Officer
2022-11-17
Barnes Stephen H.
SOLD
-1,064.91
8.588
-124
Chief Financial Officer
2022-11-17
HILTON MICHAEL W
SOLD
-729.98
8.588
-85
Chief Innovation Officer
2022-11-17
Cavanaugh Robert N
SOLD
-1,391.26
8.588
-162
President
2022-11-16
HILTON MICHAEL W
ACQUIRED
-
-
332
Chief Innovation Officer
2022-11-16
SINGH RAJEEV
ACQUIRED
-
-
933
Chief Executive Officer
2022-11-16
Cavanaugh Robert N
ACQUIRED
-
-
510
President
2022-11-16
Barnes Stephen H.
ACQUIRED
-
-
414
Chief Financial Officer
2022-10-17
Cavanaugh Robert N
SOLD
-1,610.39
11.0301
-146
President
2022-10-17
SINGH RAJEEV
SOLD
-2,382.5
11.0301
-216
Chief Executive Officer

1–10 of 50

Rajeev Singh
2350
Accolade, Inc. develops and provides 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 nurses, physician medical directors, and behavioral health specialists. It also provides second opinion consultation and health care decision support services. The company serves employers who provide their employees and their employees' families a single place to turn for their health, healthcare, and benefits needs. Accolade, Inc. was founded in 2007 and is headquartered in Plymouth Meeting, Pennsylvania.

ACCD Income Statement

2022-05-31
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
May 31, 2022
May 31, 2021
Consolidated Statements of Operations  
Revenue$ 85,528$ 59,527
Cost of revenue, excluding depreciation and amortization47,61535,936
Operating expenses:  
Product and technology26,81715,939
Sales and marketing25,61414,509
General and administrative20,23822,002
Depreciation and amortization11,5768,696
Goodwill impairment299,705 
Change in fair value of contingent consideration 10,460
Total operating expenses383,95071,606
Loss from operations(346,037)(48,015)
Interest expense, net(634)(618)
Other expense(50)(55)
Loss before income taxes(346,721)(48,688)
Income tax expense3,899(19)
Net loss$ (342,822)$ (48,707)
Net income (loss) per share, Basic$ (4.92)$ (0.84)
Net income (loss) per share, Diluted$ (4.92)$ (0.84)
Weighted-average common shares outstanding, Basic69,738,63858,261,233
Weighted-average common shares outstanding, Diluted69,738,63858,261,233

ACCD Balance Sheet

2022-05-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2022
Feb. 28, 2022
Current assets:  
Cash and cash equivalents$ 335,628$ 365,853
Accounts receivable, net21,73921,116
Unbilled revenue6,7399,685
Current portion of deferred contract acquisition costs3,1793,015
Prepaid and other current assets10,2829,468
Total current assets377,567409,137
Property and equipment, net11,86511,797
Operating lease right-of-use assets33,79033,126
Goodwill278,191577,896
Intangible assets, net234,318244,690
Deferred contract acquisition costs7,1487,205
Other assets1,5751,678
Total assets944,4541,285,529
Current liabilities:  
Accounts payable7,7777,837
Accrued expenses and other current liabilities9,74511,000
Accrued compensation22,95439,189
Due to customers11,10416,263
Current portion of deferred revenue36,88330,875
Current portion of operating lease liabilities7,0166,589
Total current liabilities95,479111,753
Loans payable, net of unamortized issuance costs281,083280,666
Operating lease liabilities32,54232,486
Other noncurrent liabilities5634,562
Deferred revenue280268
Total liabilities409,947429,735
Commitments and Contingencies (note 12)
Stockholders' equity  
Common stock par value $0.0001; 500,000,000 shares authorized; 69,610,341 and 67,098,477 shares issued and outstanding at May 31, 2022 and February 28, 2022, respectively77
Additional paid-in capital1,371,9661,350,431
Accumulated deficit(837,466)(494,644)
Total stockholders' equity534,507855,794
Total liabilities and stockholders' equity$ 944,454$ 1,285,529