Heron Therapeutics Inc (NASDAQ:HRTX) has a beta value of 1.72 and has seen 1.86 million shares traded in the last trading session. The company, currently valued at $375.83M, closed the last trade at $2.50 per share which meant it gained $0.05 on the day or 2.04% during that session. The HRTX stock price is -28.8% off its 52-week high price of $3.22 and 80.0% above the 52-week low of $0.50. The 3-month trading volume is 2.25 million shares.
Heron Therapeutics Inc (NASDAQ:HRTX) trade information
Sporting 2.04% in the green in last session, the stock has traded in the red over the last five days, when the HRTX stock price touched $2.50 or saw a rise of 20.38%. Year-to-date, Heron Therapeutics Inc shares have moved 47.06%, while the 5-day performance has seen it change -3.47%. Over the past 30 days, the shares of Heron Therapeutics Inc (NASDAQ:HRTX) have changed -9.75%.
Heron Therapeutics Inc (HRTX) estimates and forecasts
Figures show that Heron Therapeutics Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 315.42% over the past 6 months, with this year growth rate of 70.00%, compared to 11.30% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 66.70% and 80.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 14.00%.
4 analysts offering their estimates for the company have set an average revenue estimate of $32.97 million for the current quarter. 4 have an estimated revenue figure of $34.52 million for the next quarter concluding in Jun 2024. Year-ago sales stood $29.61 million and $31.76 million respectively for this quarter and the next, and analysts expect sales will grow by 11.30% for the current quarter and 8.70% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 20.01% over the past 5 years. Earnings growth for 2024 is a modest 71.29% while over the next 5 years, the company’s earnings are expected to increase by 47.50%.
HRTX Dividends
Heron Therapeutics Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
