During the last session, Heron Therapeutics Inc (NASDAQ:HRTX)’s traded shares were 0.63 million, with the beta value of the company hitting 1.38. At the end of the trading day, the stock’s price was $2.26, reflecting an intraday loss of -2.16% or -$0.05. The 52-week high for the HRTX share is $3.93, that puts it down -73.89 from that peak though still a striking 53.98% gain since the share price plummeted to a 52-week low of $1.04. The company’s market capitalization is $344.26M, and the average intraday trading volume over the past 10 days was 1.36 million shares, and the average trade volume was 1.78 million shares over the past three months.
Heron Therapeutics Inc (HRTX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. HRTX has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.01.
Heron Therapeutics Inc (NASDAQ:HRTX) trade information
Heron Therapeutics Inc (HRTX) registered a -2.16% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.16% in intraday trading to $2.26, hitting a weekly high. The stock’s 5-day price performance is -5.04%, and it has moved by 10.24% in 30 days. Based on these gigs, the overall price performance for the year is -17.52%. The short interest in Heron Therapeutics Inc (NASDAQ:HRTX) is 32.07 million shares and it means that shorts have 12.22 day(s) to cover.
The consensus price target of analysts on Wall Street is $7, which implies an increase of 67.71% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5 and $9 respectively. As a result, HRTX is trading at a discount of -298.23% off the target high and -121.24% off the low.
Heron Therapeutics Inc (HRTX) estimates and forecasts
In the rating firms’ projections, revenue will increase 9.62% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 37.08M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 38.85M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 34.67M and 36.02M respectively. In this case, analysts expect current quarter sales to grow by 6.96% and then jump by 7.84% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 48.68%. While earnings are projected to return 50.00% in 2025.
HRTX Dividends
Heron Therapeutics Inc is due to release its next quarterly earnings on 2025-Feb-26. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Heron Therapeutics Inc (NASDAQ:HRTX)’s Major holders
Heron Therapeutics Inc insiders own 0.77% of total outstanding shares while institutional holders control 76.86%, with the float percentage being 77.46%. RUBRIC CAPITAL MANAGEMENT LP is the largest shareholder of the company, while 203.0 institutions own stock in it. As of 2024-06-30, the company held over 26.71 million shares (or 17.5395% of all shares), a total value of $93.5 million in shares.
The next largest institutional holding, with 8.62 million shares, is of VANGUARD GROUP INC’s that is approximately 5.6984% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $30.16 million.
Also, the Mutual Funds coming in first place with the largest holdings of Heron Therapeutics Inc (HRTX) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 4.68 shares. This amounts to just over 3.07 percent of the company’s overall shares, with a $10.59 million market value. The same data shows that the other fund manager holds slightly less at 3.03, or about 1.99% of the stock, which is worth about $6.84 million.
