Q3 EPS Forecast for HeartCore Enterprises Raised by Analyst

HeartCore Enterprises, Inc. (NASDAQ:HTCR) – Stock analysts at Sidoti Csr increased their Q3 2024 earnings per share (EPS) estimates for shares of HeartCore Enterprises in a research note issued to investors on Tuesday, November 12th. Sidoti Csr analyst A. Shah now forecasts that the company will post earnings per share of $0.43 for the quarter, up from their previous estimate of $0.30. The consensus estimate for HeartCore Enterprises’ current full-year earnings is $0.25 per share. Sidoti Csr also issued estimates for HeartCore Enterprises’ FY2024 earnings at $0.24 EPS.

HeartCore Enterprises Price Performance

Shares of HeartCore Enterprises stock opened at $1.18 on Thursday. HeartCore Enterprises has a 52 week low of $0.45 and a 52 week high of $1.55. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.39. The company’s 50-day moving average price is $0.91 and its two-hundred day moving average price is $0.79. The stock has a market cap of $24.61 million, a PE ratio of -2.95 and a beta of 1.47.

HeartCore Enterprises (NASDAQ:HTCR) last announced its earnings results on Wednesday, August 14th. The company reported ($0.09) earnings per share for the quarter. HeartCore Enterprises had a negative net margin of 49.30% and a negative return on equity of 104.23%. The firm had revenue of $4.07 million for the quarter, compared to the consensus estimate of $5.90 million.

About HeartCore Enterprises

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.