During The Past Six Months, Heron Therapeutics Inc (NASDAQ: HRTX) Shares Took An 306.96% Jump. Here Is What We Should Expect

During the last session, Heron Therapeutics Inc (NASDAQ:HRTX)’s traded shares were 2.2 million, with the beta value of the company hitting 1.70. At the end of the trading day, the stock’s price was $2.55, reflecting an intraday loss of -3.77% or -$0.1. The 52-week high for the HRTX share is $3.22, that puts it down -26.27 from that peak though still a striking 80.39% gain since the share price plummeted to a 52-week low of $0.50. The company’s market capitalization is $383.34M, and the average trade volume was 2.36 million shares over the past three months.

Heron Therapeutics Inc (NASDAQ:HRTX) trade information

Heron Therapeutics Inc (HRTX) registered a -3.77% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.77% in intraday trading to $2.55, hitting a weekly high. The stock’s 5-day price performance is -5.90%, and it has moved by -6.93% in 30 days. Based on these gigs, the overall price performance for the year is 1.19%.

Heron Therapeutics Inc (HRTX) estimates and forecasts

Statistics show that Heron Therapeutics Inc has outperformed its competitors in share price, compared to the industry in which it operates. Heron Therapeutics Inc (HRTX) shares have gone up 306.96% during the last six months, with a year-to-date growth rate more than the industry average at 70.00% against 10.20. In the rating firms’ projections, revenue will increase 14.90% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 32.8M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 34.37M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 29.61M and 31.76M respectively. In this case, analysts expect current quarter sales to grow by 10.80% and then jump by 8.20% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 20.01%. While earnings are projected to return 71.29% in 2024, the next five years will return 47.50% per annum.

HRTX Dividends

Heron Therapeutics Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Heron Therapeutics Inc (NASDAQ:HRTX)’s Major holders