During the last session, Harrow Inc (NASDAQ:HROW)’s traded shares were 0.44 million, with the beta value of the company hitting 0.75. At the end of the trading day, the stock’s price was $50.71, reflecting an intraday gain of 2.09% or $1.04. The 52-week high for the HROW share is $52.00, that puts it down -2.54 from that peak though still a striking 85.01% gain since the share price plummeted to a 52-week low of $7.60. The company’s market capitalization is $1.80B, and the average intraday trading volume over the past 10 days was 0.56 million shares, and the average trade volume was 564.59K shares over the past three months.

Harrow Inc (HROW) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. HROW has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.04.

Harrow Inc (NASDAQ:HROW) trade information

Harrow Inc (HROW) registered a 2.09% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.09% in intraday trading to $50.71, hitting a weekly high. The stock’s 5-day price performance is 0.68%, and it has moved by 20.54% in 30 days. Based on these gigs, the overall price performance for the year is 241.25%. The short interest in Harrow Inc (NASDAQ:HROW) is 4.08 million shares and it means that shorts have 10.78 day(s) to cover.

The consensus price target of analysts on Wall Street is $45, which implies a decrease of -12.69% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $25 and $55 respectively. As a result, HROW is trading at a discount of -8.46% off the target high and 50.7% off the low.

Harrow Inc (HROW) estimates and forecasts

Statistics show that Harrow Inc has outperformed its competitors in share price, compared to the industry in which it operates. Harrow Inc (HROW) shares have gone up 300.87% during the last six months, with a year-to-date growth rate more than the industry average at 78.79% against 19.50. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 69.20% this quarter and then jump 124.00% in the quarter after that. In the rating firms’ projections, revenue will increase 50.80% 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 53.46M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 59.35M by the end of current fiscal year.

While earnings are projected to return 36.67% in 2024, the next five years will return 15.00% per annum.

HROW Dividends

Harrow Inc is due to release its next quarterly earnings on 2024-Nov-11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Harrow Inc (NASDAQ:HROW)’s Major holders

Harrow Inc insiders own 14.16% of total outstanding shares while institutional holders control 54.45%, with the float percentage being 63.43%. OPALEYE MANAGEMENT INC. is the largest shareholder of the company, while 160.0 institutions own stock in it. As of 2024-06-30, the company held over 3.99 million shares (or 11.2491% of all shares), a total value of $83.35 million in shares.

The next largest institutional holding, with 2.71 million shares, is of PRIVATE CAPITAL MANAGEMENT, LLC’s that is approximately 7.654% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $56.71 million.