Equities Analysts Issue Forecasts for HTCR FY2024 Earnings

HeartCore Enterprises, Inc. (NASDAQ:HTCR) – Sidoti Csr lowered their FY2024 earnings per share (EPS) 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 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 quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.10. The company’s fifty day moving average is $1.36 and its 200 day moving average is $1.25. The stock has a market cap of $22.19 million, a PE ratio of 4.42 and a beta of 1.75. HeartCore Enterprises has a 52 week low of $0.55 and a 52 week high of $3.38.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in HTCR. Renaissance Technologies LLC purchased a new stake in shares of HeartCore Enterprises in the 4th quarter worth approximately $185,000. Citadel Advisors LLC purchased a new stake in HeartCore Enterprises in the 4th quarter worth approximately $83,000. Finally, CreativeOne Wealth LLC purchased a new position in shares of HeartCore Enterprises during the 4th quarter valued at $78,000. 1.71% of the stock is owned by hedge funds and other institutional investors.

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.