HashiCorp Inc (NASDAQ:HCP) has a beta value of 1.25 and has seen 1.29 million shares traded in the recent trading session. The company, currently valued at $6.87B, closed the recent trade at $33.87 per share which meant it gained $0.01 on the day or 0.03% during that session. The HCP stock price is -0.56% off its 52-week high price of $34.06 and 44.17% above the 52-week low of $18.91. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.45 million shares traded. The 3-month trading volume is 2.27 million shares.

The consensus among analysts is that HashiCorp Inc (HCP) is Hold stock at the moment, with a recommendation rating of 3.11. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 6 out of 8 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.05.

HashiCorp Inc (NASDAQ:HCP) trade information

Sporting 0.03% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the HCP stock price touched $33.87 or saw a rise of 0.41%. Year-to-date, HashiCorp Inc shares have moved 43.27%, while the 5-day performance has seen it change -0.18%. Over the past 30 days, the shares of HashiCorp Inc (NASDAQ:HCP) have changed -0.21%. Short interest in the company has seen 13.45 million shares shorted with days to cover at 5.73.

Wall Street analysts have a consensus price target for the stock at $36, which means that the shares’ value could jump 5.92% from the levels at last check today. The projected low price target is $31.0 while the price target rests at a high of $54.0. In that case, then, we find that the latest price level in today’s session is -59.43% off the targeted high while a plunge would see the stock lose 8.47% from the levels at last check today.

HashiCorp Inc (HCP) estimates and forecasts

Figures show that HashiCorp Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 43.94% over the past 6 months, with this year growth rate of 437.50%, compared to 19.00% for the industry. Revenue growth from the last financial year stood is estimated to be 13.90%.

9 analysts offering their estimates for the company have set an average revenue estimate of 163.94M for the current quarter. 9 have an estimated revenue figure of 174.49M for the next ending quarter.

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 -30.02% over the past 5 years.

HCP Dividends

HashiCorp Inc is expected to release its next earnings report on 2024-Aug-29 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

HashiCorp Inc (NASDAQ:HCP)’s Major holders

Insiders own 4.39% of the company shares, while shares held by institutions stand at 73.95% with a share float percentage of 77.35%. Investors are also buoyed by the number of investors in a company, with HashiCorp Inc having a total of 382.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 15.01 million shares worth more than $505.78 million. As of 2024-06-30, VANGUARD GROUP INC held 7.5036% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 6.23 million shares as of 2024-06-30. The firm’s total holdings are worth over $209.87 million and represent 3.1136% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. As of Jun 30, 2024, the former fund manager holds about 2.93% shares in the company for having 4.59 shares of worth $155.45 million while later fund manager owns 3.64 shares of worth $123.3 million as of Jun 30, 2024, which makes it owner of about 2.32% of company’s outstanding stock.