Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, HashiCorp Inc’s stock clocked out at $31.41, up 7.75% from its previous closing price of $29.15. In other words, the price has increased by $7.75 from its previous closing price. On the day, 21.54 million shares were traded. HCP stock price reached its highest trading level at $32.22 during the session, while it also had its lowest trading level at $29.14.
Ratios:
To gain a deeper understanding of HCP’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.38 and its Current Ratio is at 3.38. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Scotiabank Upgraded its Sector Perform to Sector Outperform on March 12, 2024, while the target price for the stock was maintained at $31.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 23 ’24 when Welihinda Navam sold 3,000 shares for $27.84 per share. The transaction valued at 83,520 led to the insider holds 93,925 shares of the business.
Dadgar Armon sold 35,904 shares of HCP for $872,844 on Apr 22 ’24. The CHIEF TECHNOLOGY OFFICER now owns 1,625,260 shares after completing the transaction at $24.31 per share. On Apr 10 ’24, another insider, Holmes Marc, who serves as the CHIEF MARKETING OFFICER of the company, sold 13,916 shares for $26.30 each. As a result, the insider received 366,031 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HCP now has a Market Capitalization of 5816755200 and an Enterprise Value of 5003171840. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.79 while its Price-to-Book (P/B) ratio in mrq is 5.16. Its current Enterprise Value per Revenue stands at 8.58 whereas that against EBITDA is -20.418.
Stock Price History:
Over the past 52 weeks, HCP has reached a high of $36.39, while it has fallen to a 52-week low of $18.91. The 50-Day Moving Average of the stock is 22.99%, while the 200-Day Moving Average is calculated to be 28.69%.
Shares Statistics:
It appears that HCP traded 2.62M shares on average per day over the past three months and 5155700 shares per day over the past ten days. A total of 125.33M shares are outstanding, with a floating share count of 113.24M. Insiders hold about 43.48% of the company’s shares, while institutions hold 47.89% stake in the company. Shares short for HCP as of 1711584000 were 6901946 with a Short Ratio of 2.64, compared to 1709164800 on 7405415. Therefore, it implies a Short% of Shares Outstanding of 6901946 and a Short% of Float of 5.5999998.
Earnings Estimates
The current rating of HashiCorp Inc (HCP) reflects the combined expertise of 17.0 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0.01 and a low estimate of -$0.03, while EPS last year was -$0.07. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between $0.2 and $0.01 for the fiscal current year, implying an average EPS of $0.07. EPS for the following year is $0.27, with 18.0 analysts recommending between $0.62 and $0.1.
Revenue Estimates
For the next quarter, 16 analysts are estimating revenue of $156.16M. There is a high estimate of $158.3M for the next quarter, whereas the lowest estimate is $153M.
A total of 18 analysts have provided revenue estimates for HCP’s current fiscal year. The highest revenue estimate was $647.04M, while the lowest revenue estimate was $643.61M, resulting in an average revenue estimate of $645.53M. In the same quarter a year ago, actual revenue was $583.14MBased on 18 analysts’ estimates, the company’s revenue will be $754.33M in the next fiscal year. The high estimate is $777.51M and the low estimate is $730.7M.
