In the last trading session, 4.9 million shares of the Hyperfine Inc (NASDAQ:HYPR) were traded, and its beta was 0.88. Most recently the company’s share price was $1.12, and it changed around -$0.55 or -32.93% from the last close, which brings the market valuation of the company to $81.70M. HYPR currently trades at a discount to its 52-week high of $1.90, offering almost -69.64% off that amount. The share price’s 52-week low was $0.76, which indicates that the current value has risen by an impressive 32.14% since then. We note from Hyperfine Inc’s average daily trading volume that its 10-day average is 0.43 million shares, with the 3-month average coming to 177.25K.
Hyperfine Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.33. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended HYPR as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Hyperfine Inc is expected to report earnings per share of -0.14 for the current quarter.
Hyperfine Inc (NASDAQ:HYPR) trade information
Instantly HYPR has showed a red trend with a performance of -32.93% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.9000 on recent trading dayincreased the stock’s daily price by 41.05%. The company’s shares are currently up 27.27% year-to-date, but still down -15.79% over the last five days. On the other hand, Hyperfine Inc (NASDAQ:HYPR) is 19.24% up in the 30-day period. We can see from the shorts that 1.56 million shares have been sold at a short interest cover period of 33.29 day(s).
The consensus price target as assigned by Wall Street analysts is $1.6, which translates to bulls needing to increase their stock price by 30.0% from its current value. Analyst projections state that HYPR is forecast to be at a low of $1.6 and a high of $1.6.
Hyperfine Inc (HYPR) estimates and forecasts
The year-over-year growth rate is expected to be 29.93%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 3.3M in revenue for the current quarter. 1 analysts expect Hyperfine Inc to make 3.1M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.69M and 3.29M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 22.98%. Forecasts for the next quarter put sales growth at -5.92%.
Hyperfine Inc earnings are expected to increase by 9.68% in 2025, but the outlook is positive 9.47% per year for the next five years.
HYPR Dividends
Hyperfine Inc’s next quarterly earnings report is expected to be released in March.
Hyperfine Inc (NASDAQ:HYPR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.50% of Hyperfine Inc shares, and 24.35% of them are in the hands of institutional investors. The stock currently has a share float of 26.91%. Hyperfine Inc stock is held by 50.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 4.4167% of the shares, which is about 3.18 million shares worth $2.7 million.
FOSUN INTERNATIONAL LTD, with 2.4217% or 1.74 million shares worth $1.48 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 2.39 shares worth $2.68 million, making up 4.13% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 667.27 shares worth around $0.75 million, which represents about 1.15% of the total shares outstanding.
