HashiCorp Inc (HCP) Beta: Monthly Comparison and Analysis

HashiCorp Inc (NASDAQ: HCP) closed the day trading at $27.68 down -1.42% from the previous closing price of $28.08. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 1943547 shares were traded.

Ratios:

For a better understanding of HCP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.89 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.

On March 12, 2024, Scotiabank Upgraded its rating to Sector Outperform which previously was Sector Perform but kept the price unchanged to $31.

Morgan Stanley Upgraded its Equal-Weight to Overweight on February 26, 2024, whereas the target price for the stock was revised from $23 to $30.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 11 ’24 when Holmes Marc sold 13,916 shares for $26.19 per share. The transaction valued at 364,436 led to the insider holds 0 shares of the business.

Dadgar Armon sold 35,904 shares of HCP for $913,660 on Mar 04 ’24. The CHIEF TECHNOLOGY OFFICER now owns 1,732,972 shares after completing the transaction at $25.45 per share. On Feb 26 ’24, another insider, Welihinda Navam, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 2,500 shares for $25.00 each. As a result, the insider received 62,500 and left with 62,844 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 5.52B and an Enterprise Value of 4.27B. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.46 while its Price-to-Book (P/B) ratio in mrq is 4.55. Its current Enterprise Value per Revenue stands at 7.59 whereas that against EBITDA is -16.38.

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 24.09, while the 200-Day Moving Average is calculated to be 24.64.

Shares Statistics:

Over the past 3-months, HCP traded about 2.56M shares per day on average, while over the past 10 days, HCP traded about 3.39M shares per day. A total of 125.33M shares are outstanding, with a floating share count of 111.29M. Insiders hold about 44.15% of the company’s shares, while institutions hold 47.63% stake in the company. Shares short for HCP as of Feb 29, 2024 were 7.41M with a Short Ratio of 2.90, compared to 5.19M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.72% and a Short% of Float of 6.06%.

Earnings Estimates

Current recommendations for the stock of the company come from 17 analysts. 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 analysts recommending between $0.62 and $0.1.

Revenue Estimates

A total of 17 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 $645.56M. In the same quarter a year ago, actual revenue was $583.14M, up 10.70% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $754.72M in the next fiscal year. The high estimate is $777.51M and the low estimate is $730.7M. The average revenue growth estimate for next year is up 16.90% from the average revenue estimate for this year.

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