As of close of business last night, Hyperfine Inc’s stock clocked out at $1.01, down -10.62% from its previous closing price of $1.13. In other words, the price has decreased by -$0.1200 from its previous closing price. On the day, 644453 shares were traded.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
To gain a deeper understanding of HYPR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.39 and its Current Ratio is at 10.14. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on August 11, 2022, Downgraded its rating to Equal Weight and sets its target price to $2.40 from $8 previously.
On May 31, 2022, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $7.
On April 14, 2022, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $8.Wells Fargo initiated its Overweight rating on April 14, 2022, with a $8 target price.
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 Feb 16 ’24 when TEISSEYRE THOMAS sold 3,230 shares for $1.11 per share. The transaction valued at 3,585 led to the insider holds 96,526 shares of the business.
TEISSEYRE THOMAS sold 2,655 shares of HYPR for $3,345 on Nov 16 ’23. The Chief Operating Officer now owns 99,756 shares after completing the transaction at $1.26 per share. On Aug 16 ’23, another insider, TEISSEYRE THOMAS, who serves as the Chief Operating Officer of the company, sold 2,785 shares for $2.26 each. As a result, the insider received 6,294 and left with 102,411 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, HYPR now has a Market Capitalization of 71.90M and an Enterprise Value of -13.53M. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.56 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at -1.38 whereas that against EBITDA is 0.28.
Stock Price History:
Over the past 52 weeks, HYPR has reached a high of $3.28, while it has fallen to a 52-week low of $0.91. The 50-Day Moving Average of the stock is 1.0769, while the 200-Day Moving Average is calculated to be 1.6521.
Shares Statistics:
It appears that HYPR traded 67.78K shares on average per day over the past three months and 138.94k shares per day over the past ten days. A total of 56.84M shares are outstanding, with a floating share count of 47.39M. Insiders hold about 33.82% of the company’s shares, while institutions hold 11.50% stake in the company. Shares short for HYPR as of Feb 29, 2024 were 1.25M with a Short Ratio of 18.46, compared to 1.28M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.75% and a Short% of Float of 2.34%.
Earnings Estimates
As of right now, 1 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.15 for the current quarter, with a high estimate of -$0.15 and a low estimate of -$0.15, while EPS last year was -$0.17. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.15 and low estimates of -$0.15.
Analysts are recommending an EPS of between -$0.59 and -$0.67 for the fiscal current year, implying an average EPS of -$0.63. EPS for the following year is -$0.59, with 2 analysts recommending between -$0.58 and -$0.61.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $4.1M. It ranges from a high estimate of $4.1M to a low estimate of $4.1M. As of the current estimate, Hyperfine Inc’s year-ago sales were $2.13M, an estimated increase of 92.30% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $4.4M, an increase of 30.10% less than the figure of $92.30% in the same quarter last year. There is a high estimate of $4.4M for the next quarter, whereas the lowest estimate is $4.4M.
A total of 3 analysts have provided revenue estimates for HYPR’s current fiscal year. The highest revenue estimate was $18.5M, while the lowest revenue estimate was $18.1M, resulting in an average revenue estimate of $18.35M. In the same quarter a year ago, actual revenue was $11.03M, up 66.30% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $24.8M in the next fiscal year. The high estimate is $24.81M and the low estimate is $24.8M. The average revenue growth estimate for next year is up 35.10% from the average revenue estimate for this year.
