Accolade (ACCD) Scheduled to Post Earnings on Tuesday

Accolade (NASDAQ:ACCD) is set to issue its quarterly earnings data before the market opens on Tuesday, October 8th. Analysts expect the company to announce earnings of ($0.45) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Accolade Price Performance

NASDAQ:ACCD opened at $3.85 on Tuesday. Accolade has a one year low of $3.35 and a one year high of $15.36. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.80 and a current ratio of 2.80. The firm has a market cap of $308.03 million, a price-to-earnings ratio of -3.32 and a beta of 2.00. The firm’s fifty day moving average is $4.03 and its two-hundred day moving average is $6.08.

Analyst Upgrades and Downgrades

ACCD has been the topic of several recent research reports. Guggenheim lowered their price target on shares of Accolade from $13.00 to $6.00 and set a “buy” rating on the stock in a report on Friday, June 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $13.00 price target on shares of Accolade in a report on Monday, June 24th. Morgan Stanley lowered their price target on shares of Accolade from $12.00 to $6.00 and set an “equal weight” rating on the stock in a report on Friday, June 28th. Barclays lowered their price target on shares of Accolade from $11.00 to $5.50 and set an “equal weight” rating on the stock in a report on Friday, June 28th. Finally, Stifel Nicolaus decreased their price objective on shares of Accolade from $13.00 to $8.00 and set a “buy” rating for the company in a research report on Friday, June 28th. Three equities 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 presently has an average rating of “Moderate Buy” and an average target price of $11.65.

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.