With 3.74 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.4 million shares. During the session, the Auto Parts company that operates in wider Consumer Cyclical sector, reached to the highest price of $14.61 whereas the lowest price it dropped to was $13.235. The 52-week range on HSAI shows that it touched its highest point at $15.49 and its lowest point at $3.28 during that stretch. It currently has a 1-year price target of $10.22. Beta for the stock currently stands at 1.22.
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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 HSAI was up-trending over the past week, with a rise of 5.26%, but this was up by 68.95% over a month. Three-month performance surged to 191.56% while six-month performance rose 217.70%. The stock gained 55.11% in the past year, while it has gained 55.11% so far this year. A look at the trailing 12-month EPS for HSAI yields -0.42 with Next year EPS estimates of 0.24. For the next quarter, that number is 0.19. This implies an EPS growth rate of 76.67% for this year and 293.53% for next year. EPS is expected to grow by 5.29% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -27.73%.
Float and Shares Shorts:
At present, 97.44 million HSAI shares are outstanding with a float of 80.47 million shares on hand for trading. On 2024-10-31, short shares totaled 3.1 million, which was 243.00002000000003 higher than short shares on 1727654400. In addition to Dr. Yifan Li as the firm’s Co-Founder, CEO & Director, Dr. Kai Sun serves as its Co-Founder, Chief Scientist & Director.
Institutional Ownership:
Through their ownership of 0.41026002 of HSAI’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 2024-06-30, HSAI reported revenue of $539417000.0 and operating income of -$77226000.0. The EBITDA in the recently reported quarter was -$53189000.0 and diluted EPS was -$0.54.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HSAI since 6 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HSAI analysts setting a high price target of 16.297316 and a low target of 5.4643593, the average target price over the next 12 months is 9.473537. Based on these targets, HSAI could surge 17.93% to reach the target high and fall by -60.46% to reach the target low. Reaching the average price target will result in a decline of -31.45% from current levels.
Analysts have provided yearly estimates in a range of -$0.67036 being high and -$1.09055 being low. For HSAI, this leads to a yearly average estimate of -$0.88387. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
