In the last trading session, 40.01 million Hyperfine Inc (NASDAQ:HYPR) shares changed hands as the company’s beta touched 0.92. With the company’s per share price at $1.28 changed hands at $0.36 or 39.28% during last session, the market valuation stood at $99.15M. HYPR’s last price was a discount, traded about -48.44% off its 52-week high of $1.90. The share price had its 52-week low at $0.76, which suggests the last value was 40.62% up since then. When we look at Hyperfine Inc’s average trading volume, we note the 10-day average is 4.23 million shares, with the 3-month average coming to 341.66K.
Analysts gave the Hyperfine Inc (HYPR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.33. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended HYPR as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Hyperfine Inc’s EPS for the current quarter is expected to be -0.14.
Hyperfine Inc (NASDAQ:HYPR) trade information
Instantly HYPR was in green as seen at the end of in last trading. With action 45.45%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 45.45%, with the 5-day performance at 45.45% in the green. However, in the 30-day time frame, Hyperfine Inc (NASDAQ:HYPR) is 6.67% up. Looking at the short shares, we see there were 2.02 million shares sold at short interest cover period of 3.18 days.
The consensus price target for the stock as assigned by Wall Street analysts is 1.6, meaning bulls need an upside of 20.0% from its current market value. According to analyst projections, HYPR’s forecast low is 1.6 with 1.6 as the target high. To hit the forecast high, the stock’s price needs a -25.0% plunge from its current level, while the stock would need to soar -25.0% for it to hit the projected low.
Hyperfine Inc (HYPR) estimates and forecasts
Year-over-year growth is forecast to reach 31.89% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 2.8M. 1 analysts are of the opinion that Hyperfine Inc’s revenue for the current quarter will be 3.1M. The company’s revenue for the corresponding quarters a year ago was 3.29M and 3.63M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -15.02%. The estimates for the next quarter sales put growth at -14.62%.
The 2025 estimates are for Hyperfine Inc earnings to increase by 12.50%, but the outlook for the next 5-year period is at 12.13% per year.
HYPR Dividends
Hyperfine Inc is expected to release its next quarterly earnings report on 2024-Nov-11.
Hyperfine Inc (NASDAQ:HYPR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 8.75% of Hyperfine Inc shares while 22.07% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 24.19%. There are 22.07% institutions holding the Hyperfine Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 4.4167% of the shares, roughly 3.18 million HYPR shares worth $2.7 million.
FOSUN INTERNATIONAL LTD holds the second largest percentage of outstanding shares, with 2.4181% or 1.74 million shares worth $1.48 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . With 2.39 shares estimated at $3.06 million under it, the former controlled 4.13% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.15% of the shares, roughly 667.27 shares worth around $0.85 million.
