Sidoti Csr Has Pessimistic Outlook of HTCR FY2024 Earnings

HeartCore Enterprises, Inc. (NASDAQ:HTCR) – Equities research analysts at Sidoti Csr decreased their FY2024 earnings estimates for HeartCore Enterprises in a research 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 prior 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 Stock Down 6.2 %

HeartCore Enterprises stock opened at $0.99 on Thursday. The firm has a market cap of $20.80 million, a PE ratio of 4.14 and a beta of 1.75. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.88 and a current ratio of 1.88. The firm’s 50 day moving average price is $1.35 and its two-hundred day moving average price is $1.26. HeartCore Enterprises has a twelve month low of $0.55 and a twelve month high of $3.38.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC acquired a new position in HeartCore Enterprises in the 4th quarter valued at approximately $185,000. Citadel Advisors LLC acquired a new position in HeartCore Enterprises in the 4th quarter valued at approximately $83,000. Finally, CreativeOne Wealth LLC acquired a new position in HeartCore Enterprises in the 4th quarter valued at approximately $78,000. Institutional investors and hedge funds own 1.71% of the company’s stock.

HeartCore Enterprises Company Profile

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.