Harrow Inc [HROW] stock is trading at $36.15, up 0.36%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HROW shares have gain 7.75% over the last week, with a monthly amount drifted -8.06%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Harrow Inc [NASDAQ: HROW] stock has seen the most recent analyst activity on December 04, 2024, when B. Riley Securities reiterated its Buy rating and also revised its price target to $69 from $73. Previously, Craig Hallum started tracking the stock with Buy rating on April 11, 2024, and set its price target to $24. Aegis Capital initiated its recommendation with a Buy and recommended $15 as its price target on September 24, 2021. Ladenburg Thalmann started tracking with a Buy rating for this stock on July 02, 2021, and assigned it a price target of $14.25.
Harrow Inc [HROW] stock has fluctuated between $9.13 and $59.23 over the past year. Currently, Wall Street analysts expect the stock to reach $57.67 within the next 12 months. Harrow Inc [NASDAQ: HROW] shares were valued at $36.15 at the most recent close of the market. An investor can expect a potential return of 59.53% based on the average HROW price forecast.
Analyzing the HROW fundamentals
Harrow Inc [NASDAQ:HROW] reported sales of 169.14M for the trailing twelve months, which represents a growth of 43.75%. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.54 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 35.27 points at the first support level, and at 34.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.66, and for the 2nd resistance point, it is at 37.16.
Ratios To Look Out For
For context, Harrow Inc’s Current Ratio is 1.54. In addition, the Quick Ratio stands at 1.44 and the Cash Ratio stands at 0.76. Considering the valuation of this stock, the price to sales ratio is 7.61, the price to book ratio is 22.35.
Transactions by insiders
Recent insider trading involved Opaleye Management Inc., 10% Owner, that happened on Apr 25 ’24 when 20000.0 shares were purchased. 10% Owner, Opaleye Management Inc. completed a deal on Apr 23 ’24 to buy 11715.0 shares. Meanwhile, 10% Owner Opaleye Management Inc. bought 8285.0 shares on Apr 24 ’24.
