FY2024 EPS Estimate for HeartCore Enterprises Cut by Analyst

HeartCore Enterprises, Inc. (NASDAQ:HTCRFree Report) – Equities researchers at Sidoti Csr cut their FY2024 earnings per share (EPS) estimates for shares of HeartCore Enterprises in a report issued on Wednesday, March 19th. Sidoti Csr analyst A. Shah now anticipates that the company will post earnings of $0.37 per share for the year, down from their previous forecast of $0.39. The consensus estimate for HeartCore Enterprises’ current full-year earnings is $0.39 per share. Sidoti Csr also issued estimates for HeartCore Enterprises’ Q4 2024 earnings at $0.00 EPS, Q1 2026 earnings at $0.00 EPS, Q2 2026 earnings at $0.00 EPS, Q3 2026 earnings at $0.02 EPS, Q4 2026 earnings at $0.02 EPS and FY2026 earnings at $0.04 EPS.

HeartCore Enterprises Price Performance

Shares of NASDAQ:HTCR opened at $1.06 on Thursday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.10. The business’s 50 day moving average is $1.36 and its 200-day moving average is $1.25. HeartCore Enterprises has a 1-year low of $0.55 and a 1-year high of $3.38. The firm has a market capitalization of $22.19 million, a PE ratio of 4.42 and a beta of 1.75.

Institutional Investors Weigh In On HeartCore Enterprises

A number of hedge funds have recently added to or reduced their stakes in HTCR. CreativeOne Wealth LLC bought a new position in shares of HeartCore Enterprises during the 4th quarter valued at about $78,000. Citadel Advisors LLC bought a new position in HeartCore Enterprises during the fourth quarter worth $83,000. Finally, Renaissance Technologies LLC acquired a new stake in HeartCore Enterprises during the fourth quarter worth approximately $185,000. Institutional investors own 1.71% of the company’s stock.

HeartCore Enterprises Company Profile

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HeartCore Enterprises, Inc, a software development company, provides Software as a Service solutions to enterprise customers in Japan and internationally. Its customer experience management platform includes marketing, sales, service, and content management systems, as well as other tools and integrations, which enable companies to enhance the customer experience and drive engagement.

Further Reading

Earnings History and Estimates for HeartCore Enterprises (NASDAQ:HTCR)

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