In last trading session, Harrow Inc (NASDAQ:HROW) saw 0.47 million shares changing hands with its beta currently measuring 0.74. Company’s recent per share price level of $52.51 trading at $2.6 or 5.21% at ring of the bell on the day assigns it a market valuation of $1.86B. That closing price of HROW’s stock is at a discount of -12.8% from its 52-week high price of $59.23 and is indicating a premium of 85.53% from its 52-week low price of $7.60. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.53 million shares which gives us an average trading volume of 609.44K if we extend that period to 3-months.

For Harrow Inc (HROW), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.05 in the current quarter.

Harrow Inc (NASDAQ:HROW) trade information

Upright in the green during last session for gaining 5.21%, in the last five days HROW remained trading in the green while hitting it’s week-highest on Friday, 11/08/24 when the stock touched $52.51 price level, adding 0.92% to its value on the day. Harrow Inc’s shares saw a change of 368.84% in year-to-date performance and have moved 15.05% in past 5-day. Harrow Inc (NASDAQ:HROW) showed a performance of 5.72% in past 30-days. Number of shares sold short was 3.49 million shares which calculate 7.73 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 50 to the stock, which implies a fall of -5.02% to its current value. Analysts have been projecting 25 as a low price target for the stock while placing it at a high target of 73. It follows that stock’s current price would jump 52.39% in reaching the projected high whereas dropping to the targeted low would mean a gain of 52.39% for stock’s current value.

Harrow Inc (HROW) estimates and forecasts

Statistics highlight that Harrow Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 352.67% of value to its shares in past 6 months, showing an annual growth rate of 113.64% while that of industry is 18.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 55.40% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 52.81M for the same. And 4 analysts are in estimates of company making revenue of 65.3M in the next quarter.

In 2024, company’s earnings growth rate is likely to be around 44.33% while estimates for its earnings growth in next 5 years are of 15.00%.

Harrow Inc (NASDAQ:HROW)’s Major holders

Insiders are in possession of 14.16% of company’s total shares while institution are holding 55.26 percent of that, with stock having share float percentage of 64.38%. Investors also watch the number of corporate investors in a company very closely, which is 55.26% institutions for Harrow Inc that are currently holding shares of the company. OPALEYE MANAGEMENT INC. is the top institutional holder at HROW for having 3.99 million shares of worth $83.35 million. And as of 2024-06-30, it was holding 11.2491 of the company’s outstanding shares.

The second largest institutional holder is PRIVATE CAPITAL MANAGEMENT, LLC, which was holding about 2.71 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.654 of outstanding shares, having a total worth of $56.71 million.