Perhaps timely catching HarborOne Bancorp Inc (HONE) would be a good idea

With 92333.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.21 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $11.71 whereas the lowest price it dropped to was $11.52. The 52-week range on HONE shows that it touched its highest point at $14.00 and its lowest point at $9.15 during that stretch. It currently has a 1-year price target of $14.00. With its current market cap of 513.20 million, HONE has annualized dividend of $0.32 while the current yield stands at 2.75%. Beta for the stock currently stands at 0.77.

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 HONE was down-trending over the past week, with a drop of -1.52%, but this was down by -10.86% over a month. Three-month performance dropped to -5.44% while six-month performance rose 6.01%. The stock lost -2.92% in the past year, while it has lost -1.52% so far this year. A look at the trailing 12-month EPS for HONE yields 0.28 with Next year EPS estimates of 0.87. For the next quarter, that number is 0.17. This implies an EPS growth rate of -1.71% for this year and 43.62% for next year.

Float and Shares Shorts:

At present, 44.13 million HONE shares are outstanding with a float of 38.38 million shares on hand for trading. On 2024-12-13, short shares totaled 0.22 million, which was 50.0 higher than short shares on 1731628800. In addition to Mr. Joseph F. Casey as the firm’s President, CEO & Director, Ms. Inez H. Friedman-Boyce Esq. serves as its Executive VP, Chief Legal Officer, General Counsel & Corporate Secretary.

Institutional Ownership:

Through their ownership of 0.58408 of HONE’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HONE since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 HONE analysts setting a high price target of 14.0 and a low target of 14.0, the average target price over the next 12 months is 14.0. Based on these targets, HONE could surge 20.17% to reach the target high and rise by 20.17% to reach the target low. Reaching the average price target will result in a growth of 20.17% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.6173 being high and $0.5879 being low. For HONE, this leads to a yearly average estimate of $0.6075.