Holdings of Heron Therapeutics Inc (HRTX) are aligned with the stars

With 1.66 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.4 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $3.02 whereas the lowest price it dropped to was $2.885. The 52-week range on HRTX shows that it touched its highest point at $3.93 and its lowest point at $0.50 during that stretch. It currently has a 1-year price target of $6.80. Beta for the stock currently stands at 1.80.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HRTX was down-trending over the past week, with a drop of -15.42%, but this was down by -19.15% over a month. Three-month performance surged to 6.73% while six-month performance rose 65.82%. The stock gained 144.58% in the past year, while it has gained 72.65% so far this year. A look at the trailing 12-month EPS for HRTX yields -0.62 with Next year EPS estimates of -0.01. For the next quarter, that number is -0.04. This implies an EPS growth rate of 85.89% for this year and 87.44% for next year. EPS is expected to grow by 47.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 20.01%.

Float and Shares Shorts:

At present, 150.29 million HRTX shares are outstanding with a float of 139.45 million shares on hand for trading. On 2024-06-14, short shares totaled 30.47 million, which was 2022.0 higher than short shares on 1715731200. In addition to Mr. Craig Alexander Collard as the firm’s CEO & Director, Ms. Ira Duarte serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.80601 of HRTX’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, HRTX reported revenue of $34670000.0 and operating income of -$4798000.0. The EBITDA in the recently reported quarter was -$4109000.0 and diluted EPS was -$0.02.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HRTX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.