Hyperfine Inc (NASDAQ:HYPR) Reduces -14.17% In A Week: What’s Taking The Stock Higher?

In last trading session, Hyperfine Inc (NASDAQ:HYPR) saw 0.37 million shares changing hands with its beta currently measuring 0.92. Company’s recent per share price level of $1.03 trading at -$0.04 or -3.74% at ring of the bell on the day assigns it a market valuation of $79.78M. That closing price of HYPR’s stock is at a discount of -84.47% from its 52-week high price of $1.90 and is indicating a premium of 26.21% from its 52-week low price of $0.76.

For Hyperfine Inc (HYPR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. 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. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.14 in the current quarter.

Hyperfine Inc (NASDAQ:HYPR) trade information

Upright in the red during last session for losing -3.74%, in the last five days HYPR remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $1.03 price level, adding 19.22% to its value on the day. Hyperfine Inc’s shares saw a change of 17.05% in year-to-date performance and have moved -14.17% in past 5-day. Hyperfine Inc (NASDAQ:HYPR) showed a performance of 10.52% in past 30-days.

Wall Street analysts have assigned a consensus price target of 1.6 to the stock, which implies a rise of 35.62% to its current value. Analysts have been projecting 1.6 as a low price target for the stock while placing it at a high target of 1.6. It follows that stock’s current price would drop -55.34% in reaching the projected high whereas dropping to the targeted low would mean a loss of -55.34% for stock’s current value.

Hyperfine Inc (HYPR) estimates and forecasts

This year revenue growth is estimated to rise 16.93% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.3M for the same. And 1 analysts are in estimates of company making revenue of 3.1M in the next quarter. Company posted 2.69M and 3.29M of sales in current and next quarters respectively a year earlier.

In 2025, company’s earnings growth rate is likely to be around 9.68% while estimates for its earnings growth in next 5 years are of 9.47%.

Hyperfine Inc (NASDAQ:HYPR)’s Major holders

VANGUARD GROUP INC is the top institutional holder at HYPR for having 3.18 million shares of worth $2.7 million. And as of 2024-06-30, it was holding 4.4167 of the company’s outstanding shares.

The second largest institutional holder is FOSUN INTERNATIONAL LTD, which was holding about 1.74 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.4181 of outstanding shares, having a total worth of $1.48 million.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 2.39 shares of worth $2.46 million or 4.13% of the total outstanding shares. The later fund manager was in possession of 667.27 shares on Sep 30, 2024 , making its stake of worth around $0.69 million in the company or a holder of 1.15% of company’s stock.